Alaska Auto Insurance Quotes

Prior to driving a vehicle in the state of Alaska a driver will need to prove financial responsibility, in case of an accident. In order to meet the financial responsibility requirements consumers must either: post a bond in amount that will be determined by the Department of Motor Vehicles (DMV), self insure or the most popular method, buy auto insurance.

The minimum auto insurance requirements that a driver must carry in Alaska are bodily injury for $50,000 per person and $100,000 bodily injury per accident. They will also require $25,000 for property damage. Once a person has purchased auto insurance, their insurer will issue them with a card that contains their name, vehicle information, and policy number. This should be kept in a person’s car at all times. Any accidents worth more than $501 in damages will require the driver to produce this card.

If a driver in Alaska is found to be driving without insurance, this could result in their driving license being suspended. In order to get this back, the driver will need to pay various fines and provide proof that they have now purchased auto insurance. However, if a driver is uninsured and involved in an accident, they will need to file an SR-22 form from their insurance company with the DMV. This will prove their financial responsibility and will need to be kept on file for three straight years.

Most people typically comparison shop for an auto insurance policy when they purchase their first car. They also generally tend to use the same insurance agent to continue with the same coverage for many years to come without giving it a second thought. However, if a driver’s situation has changed since they earned their license it makes perfect sense to obtain auto insurance quotes from a number of companies to ensure they are getting the best possible rates.

The same level of insurance coverage can significantly vary from company to company, and this is typically because each company will have their own formula to calculate the risk of a driver being involved in an accident. It is recommended that a driver obtains new insurance quotes if:
They have purchased a new vehicle.
They have recently moved to a different area, such as from a rural community to a larger city.
If the main driver wishes to add a teenage driver to their policy.
If they have received a traffic ticket or been involved in a car accident in the previous six months.

In order to obtain an auto insurance quote in Alaska a driver can simply complete an online form and then be contacted by a number of companies who may be interested in providing them with a policy. There are various price comparison websites and insurance brokerages online to help a consumer achieve this. This is also the ideal way for a customer to save themselves time when looking for lower auto insurance quotes.

The various companies are likely to have a slightly different method to calculate their auto insurance rates, but a customer can expect to be asked a series of questions. These include:

  • The customer’s age.
  • The customer’s gender.
  • The customer’s address.
  • The type of vehicle they drive.
  • The other drivers who live with them.
  • How many miles they drive on an average day.
  • Whether they have recently been issued with any traffic tickets.
  • Whether they have made a recent claim on their auto insurance policy.
  • Whether the customer is willing to switch their homeowners or renters insurance to the company (Discounts are generally offered for combining insurance policies with the same provider.

It is also extremely important to ensure that auto insurance quotes from numerous companies are being compared on a like-for-like basis. In other words, the customers must make sure that they are comparing similar types of policies, as this help to determine which company is offering the best deal.

A consumer will also need to ensure that the insurer is providing them with a quote that covers the minimum liability insurance requirements for Alaska, although all insurance quote providers will generally be aware of this information. A customer should also check what the deductible is for their policy if they have collision or comprehensive coverage, and obviously that the deductible is affordable to them if they are involved in an accident.

Finding an affordable auto insurance quote in Alaska should involve no more than spending a few hours comparing quotes from several companies online. If, however, a driver finds that they are unable to find a policy that fits in with their budget, this may be the time for them to think about changing their driving habits.

Related Information