Everyone wants to save money on car insurance in Alaska. Because it is a requirement for all drivers there to carry insurance, it is important to know what the minimum requirements are. While you may want to lower your premium, you will still have to meet the minimums that are set for the Land of the Midnight Sun.
The required premiums are:
While you are required to carry these minimums, you are not limited to how much insurance that you can purchase. Most car insurance experts recommend you purchase a higher auto insurance policy due to the cost of health care and car repairs; however, the choice is ultimately your own. Whether you choose to stay with the minimums or increase the amount of insurance that you carry, comparing multiple car insurance rate quotes will insure that you get the lowest rates possible.
There are several other types of insurance that you may want to consider adding to your vehicle. These additions will further protect you from financial difficulties should a serious accident occur. You are able to add the following to your auto insurance policy:
The average premiums in Alaska are quite high with the 2009 average being approximately $2200. The national average is about $1700 so the difference is about $500 a year per person. The average here is so much higher because of the dangers on the road. While typical premiums are based on numbers of drivers, (more drivers equal more accidents), that is not the case here. The roads are more dangerous to drive due to environmental conditions. However, the premiums are not as high as they could be due to the reduced number of multi-car accidents.
There are things that you can do to save money on your car insurance. While some things may be out of your hands, such as your age, others can be worked on. Consider some of these things that help reduce your insurance rates:
If you want to lower your premium and still get excellent coverage then you should use as many of these tips as you can to lower your rates. Affordable auto insurance does not have to be out of reach; you just have to take the time to research all of your options. Carrying car insurance is the law in Alaska, but that should not be your only concern. Car insurance can save you a great deal of money whether you cause an accident or are a victim.