{"data":{"id":"us-ak/as-28.23.050","jurisdiction":"us-ak","citation":"AS 28.23.050","heading":"Financial responsibility of transportation network companies.","body":"(a) A transportation network company driver, or transportation network company on behalf of the driver, shall maintain primary automobile insurance that recognizes that the driver is a transportation network company driver or otherwise uses a vehicle to transport passengers for compensation and that covers the driver while the driver is logged onto the digital network of a transportation network company or while the driver is engaged in a prearranged ride.\n(b) The following automobile insurance requirements shall apply while a participating transportation network company driver is logged onto the digital network of a transportation network company and is available to receive transportation requests but is not engaged in a prearranged ride:\n(1) primary automobile liability insurance in the amount of at least $50,000 for death and bodily injury for each person, $100,000 for death and bodily injury for each incident, and $25,000 for property damage;\n(2) uninsured or underinsured motor vehicle coverage as required under AS 21.96.020 and AS 28.20.440;\n(3) the coverage requirements of this subsection may be satisfied by\n(A) automobile insurance maintained by the transportation network company driver;\n(B) automobile insurance maintained by the transportation network company; or\n(C) any combination of (A) and (B) of this paragraph.\n(c) The following automobile insurance requirements shall apply while a transportation network company driver is engaged in a prearranged ride:\n(1) primary automobile liability insurance that provides at least $1,000,000 for death, bodily injury, and property damage;\n(2) uninsured or underinsured motor vehicle coverage as required under AS 21.96.020 and AS 28.20.440;\n(3) the coverage requirements of this subsection may be satisfied by\n(A) automobile insurance maintained by the transportation network company driver;\n(B) automobile insurance maintained by the transportation network company; or\n(C) a combination of (A) and (B) of this paragraph.\n(d) If insurance maintained by a driver under (b) or (c) of this section has lapsed or does not provide the required coverage, insurance maintained by a transportation network company must provide the coverage required by this section beginning with the first dollar of a claim, and the transportation network company insurer has the duty to defend that claim.\n(e) Coverage under an automobile insurance policy maintained by the transportation network company may not be dependent on a personal automobile insurer first denying a claim nor shall a personal automobile insurance policy be required first to deny a claim.\n(f) Insurance required by this section may be placed with an insurer licensed under AS 21.09.060 or with a surplus lines insurer eligible under AS 21.34 that has a credit rating not lower than A- from A.M. Best or a similar rating from another rating agency recognized by the division of insurance.\n(g) Insurance satisfying the requirements of this section shall be considered to satisfy the financial responsibility requirement for a motor vehicle under AS 28.20.\n(h) A transportation network company driver shall carry proof of coverage under (b) and (c) of this section with the driver at all times during the driver's use of a vehicle in connection with a digital network of a transportation network company. In the event of an accident, a transportation network company driver shall provide the insurance coverage information to the directly interested parties, automobile insurers, and investigating police officers upon request under AS 28.22.019. Upon that request, a transportation network company driver shall also disclose to directly interested parties, automobile insurers, and investigating police officers whether the driver was logged onto the digital network of a transportation network company or on a prearranged ride at the time of an accident.\n(i) If the insurance carrier for the transportation network company makes a payment for a claim for physical damage to a personal vehicle that is subject to a lien, the insurance carrier shall pay the claim jointly to the owner of the personal vehicle and the primary lienholder or directly to the business repairing the personal vehicle.","path":["Title 28. Motor Vehicles.","Chapter 23. Transportation Network Companies and Drivers."],"source_url":"https://www.akleg.gov/basis/statutes.asp#28.23.050","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:11Z","sha256":"f5b7a442a0c03198d5fdc40865be11260e12aebc07345e2cd9b54cbf1b4776a4","source_id":"us-ak","stale":false,"prev":"us-ak/as-28.23.040","next":"us-ak/as-28.23.060"},"notice":"GroundRules: Original legal text. Not legal advice."}