The Department of Motor Vehicles in Alaska requires all vehicles operated in the state to have liability insurance. According to statute AS 28.22.101, auto insurance in Alaska must include a minimum of $25,000 for property damage and $50,000/$100,000 for bodily injury or death.
Purchasing the right amount of coverage for your business vehicles can be a challenge. In addition to covering company vehicles, your auto insurance may also need to cover employees who use their own automobiles to perform their duties. You can be held liable if they get into an accident while on company time.
The cost of living in Alaska is one of the highest in the nation and this includes auto ...
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The Department of Motor Vehicles in Alaska requires all vehicles operated in the state to have liability insurance. According to statute AS 28.22.101, auto insurance in Alaska must include a minimum of $25,000 for property damage and $50,000/$100,000 for bodily injury or death.
Purchasing the right amount of coverage for your business vehicles can be a challenge. In addition to covering company vehicles, your auto insurance may also need to cover employees who use their own automobiles to perform their duties. You can be held liable if they get into an accident while on company time.
The cost of living in Alaska is one of the highest in the nation and this includes auto insurance rates. When shopping for auto insurance in Alaska, be certain to ask about discounts you may qualify for. Some insurance companies provide multi-vehicle discounts, multi-policy discounts, and vehicle equipment discounts.
Typically, auto insurance in Alaska is purchased from national companies like Geico, Nationwide, and Allstate. However, it is best to work with a local auto insurance agent to find the best policy for you. Names of local insurance brokers include Alaska Pacific Auto Insurance Co and Mike Devine State Farm Auto Insurance. A Google search can uncover more.
More information about auto insurance in Alaska can be found on Business.com. Use the links to continue researching this topic.
