Burton v. State Farm Fire & Casualty Co.

Alaska law requires insurance companies offering automobile liability insurance to offer uninsured and underinsured motorist coverage with limits equal to those of the liability coverage. AS 21.89.020(c). The statute defines “underinsured motor vehicle” as:

a motor vehicle licensed for highway use with respect to ownership, operation, maintenance, or use for which there is a bodily injury or property damage insurance policy or a bond applicable at the time of an accident and the amount of insurance or bond

*1365(A) is less than the limit for uninsured and underinsured coverage of the insured’s…