Homeowners Insurance in Anchorage, AK

For a home at Anchorage's median value of $395,900, we estimate about $1,340 a year — +10% versus the Alaska NAIC average of $1,216.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Anchorage

Est. premium

$1,340

$112/mo · median home

Median home value

$395,900

Alaska: $352,900

Median year built

1982

Census ACS

Owner-occupied

63.9%

of households

Hazard score

39.0

state ref. 38.4

Anchorage's estimate reflects its home values (12% higher than the state median) and FEMA's hazard profile for Anchorage Municipality.

Natural hazard risk in Anchorage

FEMA National Risk Index — Anchorage Municipality
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Very Low	7.2	Comprehensive (car); roof claims (home)
Tornado	Very Low	0.5	Comprehensive; dwelling
Hurricane	Not rated	—	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Very Low	0.2	Comprehensive; home needs a separate flood policy
Coastal flooding	Very Low	28.0	Comprehensive; home needs a separate flood policy
Strong wind	Not rated	0.0	Comprehensive; dwelling
Winter weather	Very High	98.8	Collision (icy roads); frozen pipes (home)
Wildfire	Relatively Low	78.6	Comprehensive; dwelling
Earthquake	Relatively High	99.5	Home needs a separate earthquake policy
Lightning	Relatively Low	38.6	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Anchorage

Dwelling value	Wood frame	Brick / masonry
$200,000	$775	$715
$300,000	$1,070	$985
$500,000	$1,615	$1,485
$750,000	$2,230	$2,055

Home Insurance Estimator

Estimated annual premium

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Per month

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Homeowners insurance by ZIP code in Anchorage

ZIP	Median home value	Owner-occupied	Est. premium
99504	$314,000	66.1%	$1,110
99507	$384,100	72.0%	$1,305
99508	$335,300	53.2%	$1,170
99577	$437,000	80.3%	$1,450
99502	$418,300	70.7%	$1,400
99515	$427,500	78.9%	$1,425
99516	$607,200	90.6%	$1,885
99517	$402,100	60.1%	$1,355
99501	$379,100	37.2%	$1,295
99518	$323,400	57.7%	$1,140
99567	$471,300	88.3%	$1,540
99587	$630,200	82.8%	$1,940
99540	$403,500	90.6%	$1,360

Homeowners insurance in Alaska · Car insurance in Anchorage · Insurance offices near Anchorage

Frequently asked questions

How much is homeowners insurance in Anchorage?

For a home at Anchorage's median value of $395,900, we estimate about $1,340 a year for a standard HO-3 policy with a $1,000 deductible. The Alaska NAIC average is $1,216.

What are the biggest natural hazards in Anchorage?

FEMA's National Risk Index rates Anchorage Municipality relatively high or very high for winter weather and earthquake.

Does the age of homes in Anchorage affect insurance?

Yes. The median home in Anchorage was built in 1982 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for Alaska, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Anchorage Municipality relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page