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Question:

If you fail to have proof of insurance when pulled over by an Alaska officer, you may be issued a traffic citation or

A your vehicle may be impounded.
Explaination

According to Alaska's Mandatory Insurance Law, if you are pulled over by an officer and found not to have proof of insurance for the vehicle you are driving, you could be issued a citation, or the vehicle could be impounded. [Mandatory Insurance and Financial Responsibility Laws, Alaska Driver Manual]