Here in Alaska, all vehicle owners are required to secure insurance. While the minimum requirements for auto insurance coverage are $50,000/$100,000 for bodily injury or death and $25,000 for property damage, the sad truth is that not all drivers will have insurance.
That’s why uninsured and underinsured coverage is so important.
If a driver with no insurance or not enough insurance injured you, would you have any other way to cover the associated medical bills and property damage costs?