Average homeowners insurance cost in Alaska

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The average cost of home insurance in Alaska is $1,695 per year for a standard policy.

Your premium is shaped by the dwelling coverage limit you select and the level of protection you need. Broader coverage generally means a higher cost. Higher coverage means higher premiums. Western National Insurance stands out for its more affordable rates in the state, offering solid value as you weigh different levels of coverage.

Compare quotes from multiple insurers and ask each one what discounts they offer. Premiums can differ significantly from company to company because they weigh things like where your home is located, how old it is, what it’s built from, the shape your roof is in, and your past claims. Pulling several quotes tied to your specific address is the surest way to spot the best value.

Key Takeaways

Based on our data, homeowners insurance in Alaska costs an average of $1,695 per year.
Among all ZIP codes in Alaska, 99824 has the most affordable rates, averaging around $1,208 annually.
For the lowest insurer rates in Alaska, Western National Insurance comes in at an average annual premium of $1,201.

What is the average cost of homeowners insurance in Alaska?

Homeowners in Alaska pay an average of $1,695 per year for a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in Alaska? Cost by coverage level

On average, homeowners in Alaska pay $1,695 a year for insurance – a figure based on $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

Raising your dwelling coverage from $300,000 to $400,000, with the same liability and deductible, brings the average annual cost to $2,051 in Alaska.

The table below shows average annual and monthly premiums in Alaska at dwelling coverage levels of $300,000, $400,000, and $500,000.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,342	$112
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,355	$113
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,695	$141
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,708	$142
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$2,051	$171
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,064	$172
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$2,765	$230
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,779	$232
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$4,149	$346
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$4,166	$347

Average home insurance cost in Alaska by insurer

Western National Insurance has the lowest average homeowners insurance premiums in Alaska at $1,201 per year. Country Financial and Allstate also offer competitive rates worth comparing.

Taking the time to shop around can save you a significant amount each year.

The table below shows average annual and monthly rates from insurers in Alaska, based on $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

Company	Average annual rate	Average monthly rate
Western National Insurance	$1,201	$100
Country Financial	$1,369	$114
Allstate	$1,712	$143
State Farm	$1,745	$145
USAA*	$1,946	$162

*USAA is only available to military community members and their families.

How to lower your home insurance rate

Shop around. A single quote won’t tell you much. Comparing rates from three or four different insurers in Alaska is the surest way to find a competitive price.
Bundle your policies. Pairing home and auto insurance, or renters and auto, with the same provider is a straightforward way to qualify for multi-policy discounts.
Ask about smart home discounts. Home security systems, smoke detectors, and leak detection devices are upgrades that many insurers reward with lower premiums.
Check for other savings. It’s worth asking your insurer about loyalty discounts, claims-free incentives, and credits for improvements like fire-resistant roofing materials.

How does your ZIP code affect home insurance rates in Alaska?

Your ZIP code shapes your home insurance rate by showing insurers the risk tied to your location. Higher crime, greater exposure to natural disasters, and steeper rebuilding costs all push an area into higher-risk territory-and premiums rise accordingly.

Below, see the most and least expensive ZIP codes for home insurance in Alaska.

Most affordable ZIP codes for home insurance in Alaska

99824 has the lowest average home insurance rates in Alaska, with homeowners paying around $1,208 per year.

Home insurance rates aren’t uniform across Alaska. Your ZIP code, in particular, is one of the biggest reasons prices differ from one area to the next.

Below are average rates for some of the most affordable ZIP codes in Alaska.

ZIP code	Average annual rate	Average monthly rate
99824	$1,208	$101
99821	$1,223	$102
99835	$1,235	$103
99833	$1,246	$104
99820	$1,267	$106
99516	$1,271	$106
99615	$1,272	$106
99801	$1,278	$107
99840	$1,284	$107
99826	$1,295	$108

Most expensive ZIP codes for home insurance rates in Alaska

99755 has the highest rates in Alaska at an average of $3,081 per year.

Home insurance costs more in certain ZIP codes due to higher crime rates, natural disaster risk, and living costs.

Below, we’ve highlighted some of the most expensive ZIP codes in Alaska for home insurance:

ZIP code	Average annual rate	Average monthly rate
99755	$3,081	$257
99754	$3,048	$254
99753	$3,045	$254
99681	$2,906	$242
99789	$2,852	$238
99720	$2,806	$234
99768	$2,686	$224
99746	$2,656	$221
99671	$2,621	$218
99739	$2,558	$213

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Alaska by city

See rates in your city

Anchorage

Fairbanks

Juneau

What are the best homeowners insurance companies in Alaska?

Based on our data, Western National Insurance stands out as the top choice in Alaska. It earns an AM Best rating of A and holds one of the lowest NAIC complaint scores statewide-a strong sign of both reliability and customer satisfaction.

To pinpoint the most trustworthy insurers, we measured each company against two benchmarks:

AM Best Ratings gauge a company’s financial strength and its ability to pay claims when you need it most.
NAIC Complaint Scores compare how often a company is the subject of complaints relative to its size, with lower scores pointing to fewer problems.

Looked at together, these benchmarks give a dependable picture of an insurer’s financial footing and the experience you can expect as a customer. The table below ranks the leading companies in Alaska by annual premium, financial rating, and complaint history.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
Western National Insurance	$1,201	A	0.13	5
Country Financial	$1,369	A+	0.26	4.59
Allstate	$1,712	A+	0.9	3.02
State Farm	$1,745	A++	0.95	2.97

How to understand insurer ratings and complaint data

Picking an insurer really comes down to whether they pay when you file a claim, and whether they treat you well along the way. You don’t have to guess – independent rating agencies track this data so you can choose with confidence, whether you’re signing up or renewing.

These are the two ratings we’ve used:

AM Best is a global agency that scores insurers on their financial strength and ability to pay claims. The higher the rating, the more stable the company.
NAIC Complaint Index, run by the National Association of Insurance Commissioners, tracks consumer complaints. A score of 1.00 is the industry average; below 1.00 means fewer complaints than expected for the company’s size, and above 1.00 means more.

What factors affect your home insurance rate?

Insurers price home insurance based on the level of risk your property and profile represent. They decide that based on:

Where you live. Local crime rates, weather exposure, and claims frequency in your neighborhood all influence your rate.
Your claims history. A history of past claims typically results in a higher premium.
Your credit-based insurance score. In most states, a lower credit score can mean a higher premium (Restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. Higher coverage or a lower deductible will increase what you pay.

It’s also worth noting that home insurance costs have been rising broadly. According to S&P Global Market Intelligence’s RateWatch application, premiums for owner-occupied homes climbed more than 11% nationwide in 2023.

Resources & methodology

Source

S&P Global. US homeowners insurance rates jump by double digits in 2023. Accessed June 2026.

Methodology

Insure.com worked with Quadrant Information Services to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$100,000 liability protection
$1000 deductible

We have taken into account 3 important factors, such as average annual cost, NAIC score, and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.