Alaska Statutes (Last Updated: January 11, 2017) |
Title 28. MOTOR VEHICLES. |
Chapter 28.22. MANDATORY MOTOR VEHICLE INSURANCE. |
Article 28.22.02. GENERAL POLICY PROVISIONS. |
Section 28.22.121. Excess of additional coverage.
Latest version.
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(a) A policy that grants the coverage required for a motor vehicle liability policy may also grant lawful coverage in excess of or in addition to the coverage specified for a policy and the excess or additional coverage is not subject to the provisions of this chapter. With respect to a policy that grants excess or additional coverage, the term "motor vehicle liability policy" applies only to that part of the coverage that is required by this chapter.
(b) A policy is excluded from the application of this chapter if the automobile or motor vehicle liability coverage is provided only on an excess or umbrella basis.
Notes
History
(Sec. 1 ch 108 SLA 1989)