WalletHub, Financial Company
In Alaska, you need $50,000 in bodily injury coverage per person ($100,000 per accident) if you purchase car insurance. Bodily injury liability coverage pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash. However, car insurance is not required in Alaska if you live in a remote area where vehicle registration is not mandatory.
Even though Alaska doesn’t always require car insurance, it’s always a good idea to purchase it anyway. Car insurance is an important way to protect yourself financially, since it can keep you from paying out of pocket for expenses resulting from injuries and property damage that you cause.
Drivers in state who do purchase insurance also need $25,000 in property damage liability insurance. For more information, check out WalletHub’s breakdown of how much car insurance you need in Alaska.
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