Best Homeowners Insurance in Alaska
Best cheap home insurance in Alaska
Cheapest home insurance companies in Alaska
Homeowners in Alaska get the cheapest home insurance rate with Umialik at around $1,235 a year ($103 a month) for $400,000 in dwelling coverage. This is 16% cheaper than the state average of $1,475 a year.
Country Financial is the second-cheapest company at $1,355 a year ($113 a month).
Alaska’s cheapest homeowners insurance
| Company | Annual rate | LendingTree score | |
|---|---|---|---|
 | Umialik | $1,235 | Not rated |
 | Country Financial | $1,355 |  |
 | Allstate | $1,566 | |
 | State Farm | $1,824 | |
 | USAA* | $1,393 | |
*USAA is only available to active-duty and veteran military members and their families.
Best homeowners insurance companies in Alaska
Country Financial, Umialik and Allstate are the best home insurance companies in Alaska, based on their average rates and policy offerings.
Country Financial offers the best combination of cost, coverage and customer satisfaction of the companies we surveyed. Umialik has the cheapest rates, and Allstate has the best discount options.
Alaska’s best home insurance companies
| Company | Annual rate | Overall satisfaction** | Complaint index*** |
|---|---|---|---|
| Country Financial | $1,355 | 635 | 0.1 |
| Umialik | $1,235 | Not rated | Not rated |
| Allstate | $1,566 | 631 | 1.3 |
***Source: National Association of Insurance Commissioners (NAIC)>. Lower is better; 1.0 is average.
Best overall: Country Financial
Annual rate: $1,355
Country Financial has the second-cheapest home insurance rate in Alaska at $1,355 a year. It also offers several discounts and has a complaint rating that’s better than the national average.
Country Financial’s Premier option lets homeowners choose open-peril coverage, which covers them against all types of damage unless their policy excludes or names it in writing.
PROS
- Cheap average rate
- Good complaint rating
- Open-peril coverage option
CONS
- Customer satisfaction rating is worse than average
Best for cheap rates: Umialik
Annual rate: $1,235
Umialik has the cheapest home insurance rates in Alaska at around $1,235 a year. The company also offers policyholders its Signature Home program, which guarantees your rate will not go up after a claim.
Country Financial’s Premier option lets homeowners choose open-peril coverage, which covers them against all types of damage unless their policy excludes or names it in writing.
PROS
- Cheapest average rates
- Signature Home program won’t raise your rate after a claim
CONS
- No customer satisfaction or complaint ratings
- Only uses independent agents
Best for discounts: Allstate
Annual rate: $1,566
Allstate offers many home insurance discounts that could save you money. If you bundle your home and auto insurance with Allstate, for example, you can save up to 25% on your annual insurance premiums. You can get another discount for signing on with Allstate with no recent claims on your record.
PROS
- Several discounts
- Multi-functional smartphone app
CONS
- Rates are higher than average
- Complaint rating is worse than average
- Poor customer satisfaction score
How much does home insurance cost in Alaska?
A standard homeowners insurance policy in Alaska costs about $1,475 a year. This is 47% cheaper than the national average of $2,801 a year.
Home insurance companies look at many factors besides where you live when calculating your home insurance quote, such as:
- Age of your home
- Quality of construction materials
- Your insurance claims history
- Deductible amount
- Coverage limits
Alaska home insurance rates by coverage amounts
The higher the dwelling coverage limit you choose for your home insurance policy, the higher your annual rate. For example, the average Alaska homeowner pays $162 more a year for a home insurance policy with $450,000 of dwelling coverage than someone with $400,000 of coverage does.
Average annual rate by dwelling coverage
| Dwelling coverage limit | Annual rate |
|---|---|
| $350,000 | $1,327 |
| $400,000 | $1,475 |
| $450,000 | $1,637 |
Home insurance rates by city in Alaska
The city of Sitka has the cheapest home insurance rate in Alaska at $1,114 a year. Tununak is the state’s most expensive city for home insurance at $2,095 a year.
The average costs of home insurance in Alaska’s biggest cities:
- Anchorage, $1,252 per year
- Fairbanks, $1,514 per year
- Juneau, $1,204 per year
Home insurance rates near you
| City | Annual rate
Average rates are based on a policy with $400,000 of dwelling coverage and $200,000 of personal property coverage.
|
|---|---|
| Adak | $1,364 |
| Akiachak | $1,671 |
| Akiak | $1,672 |
| Akutan | $1,383 |
| Alakanuk | $1,321 |
| Aleknagik | $1,704 |
| Allakaket | $1,955 |
| Ambler | $1,819 |
| Anaktuvuk Pass | $2,008 |
| Anchor Point | $1,384 |
| Anchorage | $1,248 |
| Anderson | $1,712 |
| Angoon | $1,218 |
| Aniak | $1,672 |
| Anvik | $1,447 |
| Arctic Village | $1,665 |
| Atka | $1,364 |
| Atqasuk | $1,826 |
| Auke Bay | $1,148 |
| Badger | $1,466 |
| Barrow | $1,827 |
| Bear Creek | $1,377 |
| Beaver | $1,665 |
| Bethel | $1,477 |
| Bettles Field | $1,587 |
| Big Lake | $1,657 |
| Brevig Mission | $1,546 |
| Buckland | $1,625 |
| Butte | $1,302 |
| Cantwell | $1,727 |
| Central | $1,919 |
| Chalkyitsik | $1,649 |
| Chefornak | $1,477 |
| Chena Ridge | $1,426 |
| Chevak | $1,340 |
| Chickaloon | $1,557 |
| Chicken | $1,772 |
| Chignik | $1,730 |
| Chignik Lagoon | $1,642 |
| Chignik Lake | $1,571 |
| Chistochina | $1,722 |
| Chitina | $1,631 |
| Chugiak | $1,273 |
| Circle | $1,840 |
| Clam Gulch | $1,513 |
| Clarks Point | $1,692 |
| Clear | $1,709 |
| Coffman Cove | $1,256 |
| Cohoe | $1,575 |
| Cold Bay | $1,378 |
| College | $1,477 |
| Cooper Landing | $1,415 |
| Copper Center | $1,589 |
| Cordova | $1,354 |
| Craig | $1,251 |
| Crooked Creek | $1,722 |
| Deering | $1,406 |
| Delta Junction | $1,746 |
| Deltana | $1,740 |
| Denali National Park | $2,100 |
| Diamond Ridge | $1,263 |
| Dillingham | $1,506 |
| Douglas | $1,125 |
| Dutch Harbor | $1,347 |
| Eagle | $1,918 |
| Eagle River | $1,220 |
| Eek | $1,337 |
| Egegik | $1,607 |
| Eielson AFB | $1,436 |
| Ekwok | $1,684 |
| Elfin Cove | $1,397 |
| Elim | $1,697 |
| Emmonak | $1,331 |
| Ester | $1,425 |
| Fairbanks | $1,509 |
| False Pass | $1,378 |
| Farm Loop | $1,285 |
| Farmers Loop | $1,450 |
| Fishhook | $1,283 |
| Fort Greely | $1,746 |
| Fort Wainwright | $1,488 |
| Fort Yukon | $1,665 |
| Fox River | $1,310 |
| Fritz Creek | $1,310 |
| Funny River | $1,310 |
| Gakona | $1,722 |
| Galena | $1,689 |
| Gambell | $1,480 |
| Gateway | $1,302 |
| Girdwood | $1,252 |
| Glennallen | $1,523 |
| Goodnews Bay | $1,505 |
| Grayling | $1,499 |
| Gustavus | $1,261 |
| Haines | $1,180 |
| Harding-Birch Lakes | $1,591 |
| Healy | $1,618 |
| Holy Cross | $1,331 |
| Homer | $1,287 |
| Hoonah | $1,189 |
| Hooper Bay | $1,317 |
| Hope | $1,585 |
| Houston | $1,676 |
| Hughes | $1,723 |
| Huslia | $1,723 |
| Hydaburg | $1,252 |
| Hyder | $1,465 |
| Iliamna | $1,659 |
| Indian | $1,372 |
| Jber | $1,415 |
| Juneau | $1,200 |
| Kachemak | $1,263 |
| Kake | $1,519 |
| Kaktovik | $2,008 |
| Kalifornsky | $1,341 |
| Kalskag | $1,640 |
| Kaltag | $1,496 |
| Karluk | $1,287 |
| Kasigluk | $1,350 |
| Kasilof | $1,575 |
| Kenai | $1,360 |
| Kenny Lake | $1,589 |
| Ketchikan | $1,265 |
| Kiana | $1,347 |
| King Cove | $1,362 |
| King Salmon | $1,493 |
| Kipnuk | $1,477 |
| Kivalina | $1,369 |
| Klawock | $1,447 |
| Klukwan | $1,177 |
| Knik River | $1,302 |
| Knik-Fairview | $1,267 |
| Kobuk | $1,640 |
| Kodiak | $1,254 |
| Kodiak Station | $1,289 |
| Kongiganak | $1,593 |
| Kotlik | $1,295 |
| Kotzebue | $1,643 |
| Koyuk | $2,070 |
| Koyukuk | $2,075 |
| Kwethluk | $1,420 |
| Kwigillingok | $1,477 |
| Lake Minchumina | $1,447 |
| Lakes | $1,296 |
| Larsen Bay | $1,287 |
| Lazy Mountain | $1,333 |
| Levelock | $1,545 |
| Lower Kalskag | $1,526 |
| Manley Hot Springs | $1,586 |
| Manokotak | $1,381 |
| Marshall | $1,331 |
| Mc Grath | $1,453 |
| Meadow Lakes | $1,296 |
| Mekoryuk | $1,672 |
| Metlakatla | $1,361 |
| Meyers Chuck | $1,520 |
| Minto | $1,657 |
| Moose Creek | $1,480 |
| Moose Pass | $1,492 |
| Mountain Village | $1,320 |
| Naknek | $1,493 |
| Napakiak | $1,351 |
| Nenana | $1,590 |
| New Stuyahok | $1,770 |
| Newhalen | $1,659 |
| Nightmute | $1,625 |
| Nikiski | $1,362 |
| Nikolai | $1,691 |
| Nikolski | $1,419 |
| Ninilchik | $1,464 |
| Noatak | $1,405 |
| Nome | $1,431 |
| Nondalton | $1,624 |
| Noorvik | $1,594 |
| North Pole | $1,473 |
| Northway | $1,720 |
| Nuiqsut | $2,008 |
| Nulato | $1,426 |
| Nunam Iqua | $1,572 |
| Nunapitchuk | $1,465 |
| Old Harbor | $1,562 |
| Ouzinkie | $1,549 |
| Palmer | $1,285 |
| Pedro Bay | $1,601 |
| Pelican | $1,189 |
| Perryville | $1,576 |
| Petersburg | $1,191 |
| Pilot Point | $1,576 |
| Pilot Station | $1,325 |
| Platinum | $1,499 |
| Pleasant Valley | $1,456 |
| Point Baker | $1,192 |
| Point Hope | $1,816 |
| Point Lay | $1,680 |
| Point MacKenzie | $1,296 |
| Port Alexander | $1,461 |
| Port Alsworth | $1,651 |
| Port Heiden | $1,596 |
| Port Lions | $1,395 |
| Prudhoe Bay | $1,329 |
| Quinhagak | $1,484 |
| Rampart | $1,724 |
| Red Devil | $1,693 |
| Ridgeway | $1,316 |
| Ruby | $1,770 |
| Russian Mission | $1,311 |
| Saint Marys | $1,573 |
| Salamatof | $1,360 |
| Salcha | $1,591 |
| Sand Point | $1,360 |
| Savoonga | $1,569 |
| Saxman | $1,265 |
| Scammon Bay | $1,311 |
| Selawik | $1,543 |
| Seldovia | $1,290 |
| Seward | $1,372 |
| Shageluk | $1,571 |
| Shaktoolik | $1,546 |
| Shishmaref | $1,546 |
| Shungnak | $1,814 |
| Sitka | $1,111 |
| Skagway | $1,140 |
| Skwentna | $1,522 |
| Sleetmute | $1,552 |
| Soldotna | $1,321 |
| South Naknek | $1,435 |
| South Van Horn | $1,404 |
| St. George Island | $1,333 |
| St. Michael | $1,433 |
| St. Paul Island | $1,312 |
| Stebbins | $1,796 |
| Steele Creek | $1,467 |
| Sterling | $1,392 |
| Stevens Village | $1,594 |
| Susitna North | $1,635 |
| Sutton | $1,557 |
| Sutton-Alpine | $1,540 |
| Takotna | $1,472 |
| Talkeetna | $1,635 |
| Tanacross | $1,545 |
| Tanaina | $1,296 |
| Tanana | $1,585 |
| Tatitlek | $1,631 |
| Teller | $1,581 |
| Tenakee Springs | $1,293 |
| Thorne Bay | $1,238 |
| Togiak | $1,592 |
| Tok | $1,639 |
| Toksook Bay | $1,758 |
| Trapper Creek | $1,500 |
| Tuluksak | $1,420 |
| Tuntutuliak | $1,477 |
| Tununak | $2,088 |
| Two Rivers | $1,643 |
| Tyonek | $1,616 |
| Unalakleet | $1,549 |
| Unalaska | $1,428 |
| Valdez | $1,427 |
| Venetie | $1,665 |
| Wainwright | $1,826 |
| Wales | $1,546 |
| Ward Cove | $1,304 |
| Wasilla | $1,422 |
| White Mountain | $1,546 |
| Whittier | $1,609 |
| Willow | $1,675 |
| Womens Bay | $1,289 |
| Wrangell | $1,216 |
| Yakutat | $1,299 |
Methodology
The rates shown in this article are based on nonbinding quotes collected from Quadrant Information Services. Your rates may vary. Average rates were compiled from rates in Alaska.
The following coverages and deductible were used unless otherwise noted:
- $400,000 dwelling coverage
- $40,000 other structures
- $200,000 personal property
- $80,000 loss of use coverage
- $100,000 liability
- $5,000 medical payments
- $1,000 deductible
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For the LendingTree scores referenced above, our team of insurance experts also rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included the National Association of Insurance Commissioners’ (NAIC’s) complaint index scores and financial strength ratings from AM Best. NAIC complaint index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from AM Best reflect the ability to pay out claims.
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*USAA is only available to active-duty and veteran military members and their families.