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Ashley Hubbard has two years of experience in writing for insurance domains such as Bankrate.com, including auto and homeowners insurance. She has also worked in the industry as a collision estimator and in several auto body shops. Updated Nov 07, 2022 Find your perfect provider
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Collapse Caret Up According to 2020 data, the average annual premium for homeowners insurance in Alaska based on a home with a dwelling coverage amount of $250k is $1,059. For homeowners in all geographic locations, finding a can be a challenging process that requires time, research and effort. But homeowners in Alaska face an additional challenge: many of the largest United States insurance companies, including Nationwide and Progressive, don't offer policies in this state. With such limited options, finding the best Alaska homeowners insurance isn't always easy. Collapse On This Page
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Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first. On This Page
According to 2020 data, the average annual premium for homeowners insurance in Alaska based on a home with a dwelling coverage amount of $250k is $1,059. For homeowners in all geographic locations, finding a can be a challenging process that requires time, research and effort. But homeowners in Alaska face an additional challenge: many of the largest United States insurance companies, including Nationwide and Progressive, don't offer policies in this state. With such limited options, finding the best Alaska homeowners insurance isn't always easy. Despite a lack of insurance choices, homeownership in Alaska is far from out of the norm. shows that around two thirds of Alaskan households own their home, totaling 205 million families. Yet the reports that insurers wrote just $1.6 trillion in property insurance premiums for Alaskans in 2018. This may sound like a lot, but compared to the rest of the country, Alaska is the for homeowners multiple peril policies. Far too many Alaskan homeowners are underinsured, but you don't need to be among them. We've picked out the best Alaska homeowners insurance companies to help you start your search for . See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form According to 2020 data, the average annual premium for homeowners insurance in Alaska based on a home with a dwelling coverage amount of $250k is $1,059. For homeowners in all geographic locations, finding a can be a challenging process that requires time, research and effort. But homeowners in Alaska face an additional challenge: many of the largest United States insurance companies, including Nationwide and Progressive, don't offer policies in this state. With such limited options, finding the best Alaska homeowners insurance isn't always easy. Despite a lack of insurance choices, homeownership in Alaska is far from out of the norm. shows that around two thirds of Alaskan households own their home, totaling 205 million families. Yet the reports that insurers wrote just $1.6 trillion in property insurance premiums for Alaskans in 2018. This may sound like a lot, but compared to the rest of the country, Alaska is the for homeowners multiple peril policies. Far too many Alaskan homeowners are underinsured, but you don't need to be among them. We've picked out the best Alaska homeowners insurance companies to help you start your search for . See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form According to 2020 data, the average annual premium for homeowners insurance in Alaska based on a home with a dwelling coverage amount of $250k is $1,059. For homeowners in all geographic locations, finding a can be a challenging process that requires time, research and effort. But homeowners in Alaska face an additional challenge: many of the largest United States insurance companies, including Nationwide and Progressive, don't offer policies in this state. With such limited options, finding the best Alaska homeowners insurance isn't always easy. Despite a lack of insurance choices, homeownership in Alaska is far from out of the norm. shows that around two thirds of Alaskan households own their home, totaling 205 million families. Yet the reports that insurers wrote just $1.6 trillion in property insurance premiums for Alaskans in 2018. This may sound like a lot, but compared to the rest of the country, Alaska is the for homeowners multiple peril policies. Far too many Alaskan homeowners are underinsured, but you don't need to be among them. We've picked out the best Alaska homeowners insurance companies to help you start your search for . See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Best home insurance companies in Alaska
Not every home insurer services Alaska, but there are still plenty of well-respected companies to choose from. To find the best Alaska home insurance, we first narrowed down providers by identifying which companies offered reliable coverage across the state, quality discounts and additional coverage options and then used third-party ratings agencies like to determine which providers offer the best customer satisfaction. We also looked at 2022 average rate data from Quadrant Information Services. Home insurance company Average annual premium for $250K dwelling J.D. Power customer satisfaction score Allstate $1,356 829/1,000 State Farm $1,280 829/1,000 USAA $1,181 889/1,000 This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Allstate
sets itself apart with customizable policies to fit every type of property. Optional coverage is available to eligible customers to protect your sports equipment, landscaping, business property and even your identity and electronic data. State Farm
One of the larger home insurers to service Alaska, offers policies that protect your dwelling and property from some of the state's most common perils, such as snow and ice, frozen plumbing and fire. You may be able to if you combine your homeowners insurance policy with auto coverage or if you install a home safety system or impact-resistant roofing. USAA
While is often left out of official recognition due to the fact that it only writes policies for military personnel and their eligible family members, this provider deserves a mention. With , Alaska is home to nearly 27,000 servicemembers. If you or a family member are among them, this is certainly a home insurance provider to consider. USAA is regularly commended for its excellent customer service, receiving a perfect 5-star rating from J.D. Power and even outscoring every other competitor on the list. Average homeowners insurance cost in Alaska
Getting a quote for homeowners insurance in Alaska isn't always easy. Even insurers that offer online quotes in other states often skip this service for homes in Alaska, instead preferring to work with independent agents in the area. This means you'll probably need to make a few phone calls to for what it would cost to insure your home.
Alaska city Average annual premium for $250K dwelling coverage Anchorage, Alaska $833 To give you a rough idea, the average cost of home insurance in Alaska is $1,059 compared to the national average of $1,445. It's difficult to compare this to other states because Alaska does not have a close proximity; however, Washington's average is $975 while Oregon's average is $776. Home insurance considerations in Alaska
Alaska common causes of loss
Alaska’s geographical location means that weather is one of the biggest concerns for homeowners. It’s fairly common knowledge that Alaska has for a good part of the year. However, you may not know that some parts of the state have concerns in the summer too with the effects of dry heat. broke records with over 2.5 million acres lost to fire. Here are the most common causes of loss in Alaska: Wildfires Earthquakes Common coverages in Alaska
Due to the state’s proximity to the Arctic Circle, Alaska homes are often subject to extreme weather conditions that aren’t found in other states. For complete most common to the northernmost state, many people in Alaska consider these coverages: Additional living expenses protection: This may reimburse you for living expenses such as hotels and food if your home becomes uninhabitable. : This may offer protection for your home’s physical structure, including its frame, roof, walls, doors and windows. Guest medical protection: This covers the medical fees of anyone who is injured while on your property. Liability protection: This pays for your legal fees and any damages if someone sues you for bodily injury or property damage. Other structures: If your home includes a shed, detached garage or guest house, this type of coverage will protect those, too. : This covers the personal belongings and items inside your home. Frequently asked questions
To get insurance for your home in Alaska, you should start by finding out which companies sell policies in your ZIP code. You may need to work with a local independent insurance agent who can help you navigate the complexities of policies in Alaska.
The average annual in Alaska is $1,059 according to the Insurance Information Institute.
Data shows that Alaskan homeowners are underinsured, but it's always a good idea to have home insurance. Policies can protect you from the costs of weather damage, theft, lawsuits and more. Methodology
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $250,000 Coverage B, Other Structures: $25,000 Coverage C, Personal Property: $125,000 Coverage D, Loss of Use: $50,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required). These are sample rates and should be used for comparative purposes only. Your quotes may be different. Rates are determined based on 2020 Quadrant Information Services data. Written by Ashley Hubbard Personal Finance Contributor Ashley Hubbard has two years of experience in writing for insurance domains such as Bankrate.com, including auto and homeowners insurance. She has also worked in the industry as a collision estimator and in several auto body shops.