Section 08.18.101. Insurance required.

   (a) Each applicant, at the time of applying for registration or upon renewal of registration, shall file with the commissioner satisfactory evidence that the applicant has in effect
        (1) to the extent required under AS 23.30, workers' compensation insurance that is purchased from a private insurer who is admitted to do business in the state and that shows coverage in this state, appropriate employee classifications, and rates applicable in this state, or a valid workers' compensation self-insurance certificate issued by the Alaska Workers' Compensation Board; and
        (2) public liability and property damage insurance covering the applicant's contracting operations in this state in the sum of not less than $20,000 for damage to property, $50,000 for injury, including death, to any one person, and $100,000 for injury, including death, to more than one person; this requirement does not apply to an applicant whose contracting operations are for work on projects where each project has an aggregate contract price, including all labor, materials, and other items of $2,500 or less.
   (b) Proof of insurance coverage for an applicant under (a) of this section may be satisfied by providing evidence that the applicant is covered by a policy in effect for the applicant's employer at least to the extent required under (a) of this section.

Authorities

8.18.121

Notes

Implemented As

12 AAC 21.045
12 AAC 21.050
12 AAC 21.080
12 AAC 21.085
12 AAC 22.010

References

12 AAC 21.020
12 AAC 21.045
12 AAC 21.050
12 AAC 21.080
12 AAC 21.085
12 AAC 22.010
AS 8.18.121 .121">Sec. 08.18.121. Suspension and revocation of registration.

History

(Sec. 2 ch 100 SLA 1968; am Sec. 2 ch 121 SLA 1990; am Sec. 5 ch 106 SLA 2004; am Sec. 4 ch 70 SLA 2014)