Homeowners Insurance in Palmer, AK
For a home at Palmer's median value of $294,900, we estimate about $1,090 a year — −10% versus the Alaska NAIC average of $1,216.
Estimated homeowners insurance cost in Palmer
Palmer's estimate reflects its home values (16% lower than the state median) and FEMA's hazard profile for Matanuska-Susitna Borough.
Natural hazard risk in Palmer
| Hazard | Risk rating | Score (0–100) | Insurance impact |
|---|---|---|---|
| Hail | 3.2 | Comprehensive (car); roof claims (home) | |
| Tornado | 0.9 | Comprehensive; dwelling | |
| Hurricane | — | Comprehensive; wind/hurricane deductibles (home) | |
| Inland (river) flooding | 51.3 | Comprehensive; home needs a separate flood policy | |
| Coastal flooding | 0.0 | Comprehensive; home needs a separate flood policy | |
| Strong wind | 0.0 | Comprehensive; dwelling | |
| Winter weather | 93.1 | Collision (icy roads); frozen pipes (home) | |
| Wildfire | 94.7 | Comprehensive; dwelling | |
| Earthquake | 98.9 | Home needs a separate earthquake policy | |
| Lightning | 54.8 | 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 Palmer
| Dwelling value | Wood frame | Brick / masonry |
|---|---|---|
| $200,000 | $800 | $735 |
| $300,000 | $1,105 | $1,015 |
| $500,000 | $1,660 | $1,530 |
| $750,000 | $2,300 | $2,115 |
Home Insurance Estimator
Homeowners insurance in Alaska · Car insurance in Palmer · Insurance offices near Palmer
Frequently asked questions
How much is homeowners insurance in Palmer?
For a home at Palmer's median value of $294,900, we estimate about $1,090 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 Palmer?
FEMA's National Risk Index rates Matanuska-Susitna Borough relatively high or very high for winter weather and earthquake.
Does the age of homes in Palmer affect insurance?
Yes. The median home in Palmer was built in 1990 (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 Matanuska-Susitna Borough relative to the state. Results are rounded estimates, not quotes. Read the full methodology.
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (July 2026), Tables 4 and 5 (HO-3 and HO-4 average premiums)
- FEMA National Risk Index (Matanuska-Susitna Borough)
- U.S. Census Bureau, American Community Survey (home values, year built, tenure)