In Alaska, you are required to hold auto insurance if you have a car registered in your name. In addition, if you are on the road driving someone else’s car, you must have Alaska auto insurance (or insurance from your home state if Alaska is not your permanent residence). There is no real limit as to how much Alaska auto insurance you can buy, but the state does set minimums as follows:

• Bodily Injury per Person: $50,000

• Bodily Injury per Accident: $100,000

• Property Damage: $25,000

This can be shorted to 50/100/25, and if you’re familiar with insurance in other states, you’ll notice that these amounts are fairly high. Alaska auto insurance is so high because the weather conditions often cause accidents in this state.