Car insurance in Alaska varies widely by where you drive. Only a fraction of Alaska is accessible by road. A "highway" can be six lanes through Anchorage or it can be a gravel path in Nome. Your car insurance needs will be very different in either place. Use our map to find out the average state car insurance rates for nearly every city and village in Alaska.
Alaska Car Insurance Requirements
Average Car Insurance Rates in Alaska
Car Insurance Companies in Alaska
Alaska car insurance requirements | |
|---|---|
| Alaska state law requires the following minimum car insurance coverage: | |
| Minimum bodily injury liability | $50,000/$100,000 |
| Minimum property damage liability | $25,000 |
What you need to know about car insurance in Alaska
CarInsurance.com
Consumer Analyst
Alaska Car Insurance Laws
Alaska is a unique state, and its insurance laws are unique, too.
Along with Maine, Alaska has the highest minimum required bodily injury liability limits in the U.S. Every driver must carry a minimum of $50,000 in bodily injury liability coverage, up to $100,000 per accident, and $25,000 in property damage liability coverage.
For drivers who don't own a home or have substantial savings to protect, that could be plenty of coverage.
Another point that makes Alaska special: It doesn't require insurance coverage in every corner of the state. Many villages and hamlets don't require registration or insurance. The Alaska DMV publishes an annual list of areas without insurance requirements -- but be warned, it changes: For instance, Alaska decided that in 2012, vehicles, snowmachines and ATVs driven on Kotzebue's public roads must now be insured.
- SR-22 for life: In Alaska, anytime your license is suspended, revoked or limited, you are required by the state to obtain an SR-22 filing as part of your car insurance policy. For most offenses, you must carry the SR-22 for three years, but in certain circumstances one can be required to carry the SR-22 filing for five, 10, or 20 years -- and in extreme cases (fourth DWI or an unsatisfied judgment) for life.
- Coverage lapse: A lapse in coverage can send your car insurance rates skyrocketing in most states. But in Alaska, if you haven't owned a car, weren't legally required to carry insurance and haven't violated the Alaska mandatory insurance act, your lack of prior insurance coverage cannot be considered as a factor in rating your policy.
- Uninsured motorist penalties for Alaska: You may be fined from $500 to $1,000, sentenced to 90 days in jail, your license may be suspended and you may be required to file an SR-22 form if you're in an accident.
- Electronic proof of insurance: Alaska is one of 31 states that allow drivers to show proof of insurance on a smartphone during a traffic stop.
Largest car insurance companies for Alaska by market share
| Rank | Company / Group | Direct Premiums Written ($) | Market Share (%) |
| 1 | State Farm Group | 120,557 | 27.38 |
| 2 | Berkshire Hathaway Insurance | 76,982 | 17.48 |
| 3 | USAA Group | 74,439 | 16.91 |
| 4 | Allstate Insurance Group | 64,778 | 14.71 |
| 5 | Progressive Insurance Group | 46,050 | 10.46 |
| 6 | Liberty Mutual Insurance Companies | 14,900 | 3.38 |
| 7 | Hartford Insurance Group | 12,791 | 2.91 |
| 8 | COUNTRY Financial PC Group | 12,300 | 2.79 |
| 9 | Farmers Insurance Group | 7,283 | 1.65 |
| 10 | Horace Mann Insurance Group | 6,750 | 1.53 |
| Source: A.M. Best market share rankings are based on direct premiums written in 2013. | |||