Alaska Insurance All Your Needs in One Place

Homeowners insurance in Alaska is designed to cover many of the hazards that homeowners might face, including severe storms, snow and ice damage, fires, burglaries, and more. 

Most home insurance policies in Alaska include both property and liability coverage. 

Property coverage pays to repair, replace, or rebuild your damaged or destroyed home, personal belongings, and certain detached structures like garages or sheds. Loss of use coverage is also part of the protection you’ll receive after a covered property loss. It pays for certain living expenses (e.g., hotel bills, food, etc.) if you are forced to live somewhere else, like a hotel, while your home is being repaired after it sustains significant property damage. 

In addition, homeowners insurance includes homeowners liability coverage. It protects you when someone claims you have caused an injury or property damage. It covers the injured party's expenses (e.g., medical bills, property repairs) and your legal fees if you're sued. After a lawsuit, it can even cover financial settlements or court-ordered judgments.

A local independent insurance agent in Alaska can help you find the homeowners insurance coverage you need. 

The state of Alaska requires that drivers have a minimum amount of auto insurance that covers personal injury liability and property damage liability. This protects other people and their property if you’re at fault in an accident. In Alaska, all drivers must have a minimum amount of liability coverage, as follows:

• $50,000 per person/$100,000 per accident for bodily injury or death
• $25,000 per accident for property damage

Many states also require that you purchase personal injury protection (PIP) coverage and uninsured/underinsured motorist coverage. In Alaska, these are optional coverages that can be added to any policy. 

In addition, you can include several other coverage options in your car insurance policy in Alaska. These include collision insurance, comprehensive insurance, gap insurance, towing and roadside assistance, rental car reimbursement, and more. 

Because of its location and size, vast areas of Alaska are quite remote. In some of these areas, vehicle registration is not required, and therefore neither is car insurance.

Contact an independent auto insurance agent near you for the coverage you need. 

Business insurance in Alaska will be different for every company. Most businesses will need, at a minimum:

• Business property insurance
• Business interruption (loss of use) insurance
• General liability insurance 

These policies can be purchased individually or as part of a specialized package policy designed for your industry. 

Most businesses will need additional coverage for complete protection. Depending on the size of your business and the type of work that you do, you might need: 

• Workers’ compensation insurance
• Commercial auto insurance
• Various forms of additional property or liability protection

If you operate a small business, you may qualify for a business owners policy, which combines property coverage, business interruption coverage, and liability coverage into one affordable package policy designed for the needs of smaller operations. 

Whether you purchase your policies individually, or as a package designed for your industry, your business insurance will protect you when your property is damaged or if your business is responsible for harming someone or damaging someone else’s property. 

Contact an independent business insurance agent near you for the coverage you need. 

All employers who have one or more employees must purchase workers’ compensation insurance in Alaska, with few exceptions. Some exemptions to the workers’ compensation requirement include: 

• Sole proprietors and partners
• Executive officers in a non-profit corporation
• Members in a member-managed limited liability corporation
• Executive officers of municipal, religious, and legally registered non-profit corporations 
• Executive officers of for-profit corporations with a minimum 10% ownership interest
• Part-time babysitters, non-commercial cleaning persons, harvest help, and similar part-time/transient help
• Sports officials for amateur events
• Contract entertainers, commercial fishers, and taxicab drivers whose compensation is by a contractual arrangement
• Professional hockey team players and coaches who are covered under a health insurance plan

Workers’ compensation benefits in Alaska include:

• Disability and impairment benefits: Temporary total disability, temporary partial disability, permanent partial impairment, permanent total disability
• Death benefits in the case of a work-related death: Funeral expenses and survivor benefits
• Medical expenses related to the on-the-job illness or injury: Coverage for up to two years following the event

Contact a local independent insurance agent to help you find workers' compensation insurance in Alaska. 

Restaurants can experience a wide variety of incidents and unexpected events that lead to a financial loss. Many of the problems you encounter as a restaurant owner can be covered with restaurant insurance in Alaska, allowing you to stay in business even after a devastating loss. 

Restaurant insurance in Alaska is not a single insurance policy. Most restaurants in Alaska need a customized package of property, liability, automobile, crime, and other business insurance policies that protect them from financial losses. It’s a good idea to work with an agent and an insurance company that specializes in restaurant insurance. 

If you need restaurant insurance in Alaska, talk to a local independent insurance agent.

Any business that owns vehicles needs commercial vehicle insurance to cover the financial losses that can result from a crash. Commercial vehicle insurance in Alaska covers your business-owned vehicles just like your personal car insurance covers your personal vehicle. 

All vehicles in the state of Alaska are required to have a minimum amount of auto liability insurance, and this applies to commercial autos as well. Alaska's auto insurance requirements are:

• $50,000 bodily injury liability coverage per person
• $100,000 bodily injury liability coverage per accident
• $25,000 property damage liability coverage per accident

Semi-trucks, tractor-trailers, and other vehicles with an Alaska Department of Transportation serial number will have additional liability coverage requirements, depending on the type of vehicle and how it’s used.

You can also choose from a variety of coverage options for your commercial vehicles, including collision insurance, comprehensive insurance, towing, and roadside assistance coverage. If you or your employees use personal vehicles for business purposes, you can purchase non-owned or hired auto liability insurance, which provides liability coverage for non-owned vehicles being used for business purposes. 

Talk to a local independent insurance agent to find more details about commercial auto insurance in Alaska.

Both your auto insurance and home insurance in Alaska provide limited amounts of liability coverage. Liability insurance pays for repairing or replacing damaged property of others. It also pays for medical expenses for injured parties, and it even pays your attorney fees, court costs, and any financial settlements or judgments you have to pay if you are sued. 

The policy limits included with your auto or home insurance policy may not be sufficient to cover a very large financial settlement. 

Umbrella insurance in Alaska offers excess liability coverage that kicks in when the limits of an underlying policy—including homeowners insurance, renters insurance, condominium insurance, or auto insurance—have been exhausted. 

An umbrella insurance policy in Alaska typically covers what the underlying policy does. What's more, an umbrella policy may offer expanded coverage, including covering you worldwide. It might also cover a few circumstances that the underlying policy does not, such as claims for libel, slander, and false imprisonment.

If you're looking for umbrella insurance in Alaska, a local independent insurance agent can help you find the coverage you need.

Renters occupy around 36 percent of homes in Alaska. Whether you rent an entire home, an apartment, or a flat, it is a wise decision to carry renters insurance. 

Renters insurance provides financial protection for the loss or destruction of possessions when you rent a house or an apartment. Renters insurance in Alaska covers you for losses related to the following:

• Fire 
• Smoke
• Lightning
• Vandalism 
• Theft (including personal items stolen from your car, but not the car itself)
• Explosion
• Windstorm and water damage (not floods) 

Renters insurance also provides liability coverage. Liability coverage protects your assets when you, a family member, or a pet injures someone at your home or somewhere else. It will pay for your legal defense costs as well as any judgments levied against you if an injured party sues you. 

Talk to a local independent insurance agent to find renters insurance in Alaska.

Searching for the best and most affordable insurance products can be frustrating and confusing. That’s why it pays to have an experienced insurance professional in your corner.

Instead of getting an online quote, find an independent insurance agent in Alaska now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.  

What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.

Contact an agent today for a free, no-obligation consultation.