SR-22 insurance in Alaska: Quotes, rankings and information
Alaska SR-22 requirements
The Alaska SR- 22 insurance form is a document that proves you’re carrying the minimum auto insurance required in the state. You may be required by the state or court to file an SR-22 form if you’ve committed a certain driving violation and have had your license suspended.
The requirement is often called SR22 insurance even though it isn’t actually a different type of insurance from your traditional car insurance. It’s commonly called SR22 insurance because the requirement may affect your car insurance coverage and rates. On average, drivers in Alaska pay 40.5 percent more for SR22 insurance after a DUI than drivers with a clean record.
Alaska SR22 insurance is typically required for a minimum of three years, but the duration for which you need the SR-22 varies from person to person depending on why your license has been suspended and also if you’re a repeat offender. If you have a DUI and it’s your first offense, Alaska SR22 insurance is required for five years. SR22 insurance is required for ten years after a second DUI offense, 20 years after a third DUI offense and for your lifetime after a fourth DUI offense. These rules also apply if you refuse a breathalyzer test.
You must maintain your Alaska SR22 insurance policy for the duration of your filing period without a lapse in coverage. If you let this insurance lapse, your insurance provider is required by law to notify the state of Alaska know that you no longer have an active SR22 insurance policy with the company. Your company will do this with an SR-26 form that rescinds the previous SR-22. A lapse in coverage could also result in you being required to restart the SR22 filing period. If you don’t own a car, you’ll need a non-owner SR22 insurance policy.
If you maintain your SR22 insurance, keep a clean driving record and fulfill all other requirements related to your violation, you won’t need to continue to file an SR22 once your required filing period has ended. If you commit another violation in the future, you may need SR22 insurance again.
SR-22 insurance limits in Alaska
The SR22 verifies to the state of Alaska that you have at least the minimum amount of liability insurance required of you. All drivers are required to have liability insurance in Alaska. If you’re required to have SR-22 insurance in Alaska, you’ll be required to have at least the following coverage and limits:
- $50,000 for bodily injury per person
- $100,000 for bodily injury per accident
- $25,000 for property damage per accident
Who needs SR22 insurance in Alaska?
SR22 insurance is required in Alaska after certain driving violations. It could even be required after a number of small driving violations in a short period of time. You could need Alaska SR22 insurance for the following reasons:
- Conviction for driving under the influence (DUI or DWI)
- Driving without car insurance
- Driving with a revoked or suspended license
- Having repeated traffic violations in a certain amount of time, including speeding tickets
- Numerous at-fault accidents
- A fatal at-fault accident or one that results in injuries
- Reckless or dangerous driving
- Assignment from a court order
- Failure to pay fines from tickets
- Refused consent to breathalyzer or blood alcohol test
Alaska SR-22 insurance rates
If you need SR-22 insurance, you’ll be considered a high-risk or non-standard driver. In addition to your driving record, there are many other factors that help determine your SR22 insurance rates, including the company you choose, your age, gender, location, credit score, vehicle type, marital status and so on.
One of the most common reasons drivers need SR-22 insurance is because of a DUI. On average, drivers with one DUI conviction in Alaska pay $1,614 per year for car insurance. That’s 40.5 percent more than car insurance for a driver with a clean driving record. However, the cost you pay differs significantly based on the company you buy car insurance from. In the table below, you can find average rates for Alaska drivers who have one DUI conviction from some of the largest companies in the state.
|Company||Car insurance rate|
*USAA is only available to active and former military members and their families.
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LEs. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 DUI on their record. The rates displayed should only be used for comparative purposes as individual rates for high-risk insurance in Alaska will differ. Rate data is provided by Quadrant Information Services.
SR-22 insurance is expensive, but once your filing period is over, you have a good chance of your premiums dropping to more affordable levels. To ensure this, you should make sure to pay premiums on time during the mandatory filing period. Also, you should drive carefully and maintain a clean record of safe driving free from violations.
How to get SR22 insurance in Alaska
To file an SR22 form in Alaska, you’ll need to go through an insurance company because it’s not something you can file on your own. It’s important to note that not all car insurance companies offer SR22 insurance. You can shop around by getting quotes from multiple SR22 insurance companies in order to find the best price.
Use the table at the top of this page to find all the car insurance companies that offer SR-22 insurance in Alaska with a minimum of 25 reviews. If you want to see which companies customers say are the best car insurance companies for SR22 insurance in Alaska, sort the table by highest rated. You can sort through companies and find the ones you want to get quotes from. To get quotes, click on the orange “Click for quote” button next to the company, call the number available, or visit the company’s website.
If you want to read customer reviews of the company, click the company name in the table and you will be directed to the company’s profile page containing information about the company and reviews.
SR-22 fees in Alaska
Your insurance company may charge you a fee to file the SR22 form on your behalf. The form usually costs between $25 and $50, but the price can vary by company.
Additionally, you may need to pay fees specific to the violation you committed that required you to have SR22 insurance. If your license was suspended, you’ll need to pay a reinstatement fee in order to regain your driving privileges. The reinstatement fee starts at $100 for a non-DUI related offense and $200 for a DUI.
How car insurance rates are calculated
When searching and comparing car insurance quotes, it can be frustrating trying to understand how your insurance rates are calculated. While there is no exact formula that each car insurance company uses when providing you a quote, there are many factors that do contribute to the price you pay for your insurance. Among the factors that car insurers consider are:
- Your driving record
- How much you drive
- Marital status
- Your car’s make, model and year
- Your credit history (in some states)
- Amount of car insurance coverage (required coverage and optional add-ons, such as collision and comprehensive)
One of the biggest misunderstanding when it comes to insurance rates is that the history of drivers in your area also contributes to how much you pay. For instance, even if you go two years without an accident, if there were a lot of accidents near you recently, your rates might still go up. Why is that the case?
Insurance companies disperse risk across all policyholders so that when it comes time to pay a claim, they have enough money to pay out. But imagine a scenario where they only raised rates for drivers with an accident. For drivers who had an expensive claim, the drivers simply wouldn't be able to afford the raised rates that are based off how much their insurer had to pay after an accident. So instead, insurance companies slightly increase rates across the board to offset the costs, though of course the at-fault driver may see a larger increase.
How much car insurance do I need?
You certainly don’t want to be underinsured or uninsured while staring at a claim after a car accident or other damage to your car. But at the same time, there’s no sense in paying for more coverage than you need, right? So it begs the question: How much car insurance coverage do you actually need?
The answer, as frustrating as it may be, is it depends. For example, someone insuring a brand-new, leased car is likely required to purchase collision and comprehensive coverage, but for someone driving an older car that doesn’t have much value, it may not make sense to purchase optional coverage. Plus, states have different car insurance requirements. There are 12 no-fault states that require its drivers to purchase personal injury protection (PIP).
So when it comes to determining what car insurance coverage and limits you should purchase, it’s important to do your research. Talk with an insurance agent or your insurance company to determine what makes the most sense for your situation.
How to save money on your car insurance
At the end of the day, we’d all like to have the best coverage at a cheap, affordable price. While you never want to sacrifice quality to save a couple of dollars, there are some different ways you can lower your car insurance premium.
Here are six ways you may be able to lower your car insurance rates:
- Bundle your car insurance with other policies
- Consider raising your deductibles
- Pay your car insurance policy in full
- Try usage-based car insurance
- Monitor price changes to your policy
- Shop for better insurance rates
How we rank car insurance companies
Wondering how Clearsurance determines scores for insurance companies? Our algorithm analyzes a range of inputs from our community of unbiased insurance customers, including:
- Customer Service
- Overall Experience
- Claim service
- Purchasing experience
- Likelihood to recommend
Guide to understanding car insurance
Whether you’re buying your insurance direct or going through an agent, understanding the different car insurance coverage options is a must. Do you know what is covered by comprehensive coverage? Are you familiar with uninsured motorist coverage? Do you know how a deductible works?
We want to make sure you’re equipped with a proper knowledge of car insurance, so check out our practical guide to understanding car insurance. Looking for more educational information about car insurance? Check out our blog for more information and topics related to car insurance.