Alaska law requires vehicle owners to have auto insurance policies. Unfortunately, many drivers do not have enough coverage or worse, fail to have any insurance at all. A study by the Insurance Research Council found 13 percent of U.S. drivers in 2015 had no car insurance – in Alaska, the rate was 15.4 percent. An at-fault driver's insurer typically pays for damages in … [Read more...]
Understanding Underinsured and Uninsured Motorist Coverage
Uninsured and underinsured motorist coverage protects you if you are in an accident with someone who does not have enough insurance to cover damages. The coverage is something you purchase and allows peace of mind if you are in any accidents. Nationally, around 13% of drivers do not have insurance. That equates to around one in eight drivers, which is a relatively high risk. If you … [Read more...]
Reviewing Auto Insurance Needs
A new year is upon us, that means it is time to review your auto insurance. It is important to have enough insurance in case something happens. Minimum Auto Insurance Requirements In Alaska The state of Alaska requires drivers carry liability insurance. Alaska law states that drivers carry at least $50,000 of bodily injury coverage per person and $100,000 of bodily injury coverage … [Read more...]
What If There Is Not Enough Insurance?
An accident caused by a motorist who does not have enough insurance is a problem that many victims face. An injured party may have little choice but to turn to their own insurance for coverage or to sue the at-fault party. As a victim, it is your right to know whether or not the other party has insurance, so you can file a claim. Some people do not like to cause trouble for others, so … [Read more...]
Uninsured Drivers
Car accidents are stressful situations, uninsured drivers make already stressful situations even worse. Auto insurance is mandatory in every state in the U.S. Each state has minimum coverage requirements to legally drive. Despite insurance requirements, approximately one in seven drivers do not have car insurance at all. People may not carry insurance for different reasons, such as … [Read more...]
