Anchorage Insurance Rates:

Anchorage, AK home insurance is approximately $780 to $1,055, about $65-$87/month. Our all inclusive guide shows customers can save as much as $366 by comparing multiple quotes

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Read Anchorage, Alaska Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Anchorage Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Allstate
Home Insurance Rate of $1350/10 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $505,000

4 Beds, 4 Bath 3290 sqft Primary Residence Constructed In 1989 with Carpet over wood flooring, Membrane Roof, Slab Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Married Female who has a Full Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $420/3 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $400,000

4 Beds, 4 Baths 2990 sqft Seasonal Residence Constructed In 2009 with Linoleum, Wood Shake Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $420/3 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $425,000

4 Beds, 4 Baths 2460 sqft Rental Property Constructed In 2013 with Stone Flooring, Composition Roof, Crawl Space Foundation, Vinyl siding, Stucco Construction. Home Features Include Smoke Alarm, Fire Extinguisher, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

73 Years old Divorced Male who is Retired and has No Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $340/3 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $345,000

3 Beds, 3 Bath 2010 sqft Seasonal Residence Constructed In 2003 with Carpet over wood flooring, Wood Shake Roof, Chainwall Foundation, Wood siding, Wood Frame. Home Features Include Swimming Pool, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

35 Years old Single Female who is a Freelancer with household income of $75-$100,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Anchorage, AK Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
99516 $411,300 $990
99515 $288,100 $940
99502 $278,600 $940
99517 $277,500 $930
99507 $268,400 $920
99501 $249,700 $930
99504 $244,700 $920
99518 $230,000 $900
99503 $224,500 $910
99508 $223,000 $910

Anchorage Rates & Quotes Analysis:

Anchorage Area Estimated House Insurance
Gary Cooper Cir, Sanderlin St, Chipper Tree Cir, Dawn St, N Flower St, E 19th Ave, Bellevue Cir, Molanary Dr, Northgate Dr, Marthas Vineyard Cir$915
Ryan Ct, Jones Ave, Stewart Dr, W 8th Ave, Rinner Cir, Le Doux Ln, Wapiti Cir, Ambassador Dr, Willow St, Driftwood Bay Dr$933
E 75th Ct, Tangle Ct, Turnagain Bluff Way, Winterchase Cir, 8th St, St Johann Loop, Helvetia Dr, Dallon Cir, E Potter Dr, Damman Cir$881
Breakwater Cir, Juneau Dr, Big Spruce Cir, Talon Cir, Stargate Cir, Nicoli Way, Hanning Bay Cir, Jordan Cir, Elaine Dr, Silvertip Cir$932
Terrace Hills Dr, Laura Cir, Cordell Cir, Meyer St, Winter Ridge Ct, Lower Cranberry St, Lana Ct, Spruce Park, Sijan Ave, Vernye Pl$906
Bear Mountain Cir, W Lake Dr, W 10th Ave, Minerva Way, Wilma Ave, Mountain Plover Cir, Golden St, Career Center Dr, Lower Canyon Dr, Campbell Pl$940
Windflower St, Baywind Cir, Cameo Ct, New Market Dr, E 64th Ave, Postmark Dr, Woo Blvd, Rachel Cir, Davis Hwy, Penn Cir$892
N Muldoon Rd, Kershner Ave, Havenshire Pl, W 68th Ave, Taiga Ln, Golden Dawn Cir, Lorraine St, Seaforth Pl, Tamarra Cir, Alluvial St$895
E 104th Ave, Brittany Rock Way, Corrie Way, E 25th Ave, Park Place St, Elegante Ln, Nielson Way, Niltina Ln, Imlach Dr, Princeton Way$940
Lighthouse Ct, S St, Basher Dr, Hillcrest Dr, Blackberry St, Arne Erickson Cir, Ketch Cir, Driftwood Ave, Seal Point Cir, Gull Ave$925

Insurance rates are influenced by a number of factors including:

  • Year Built: 33,368 Homes (29% of total homes ) built between 1970 to 1979 in Anchorage are paying home insurance between $1,487-$1,500. Places close to Anchorage, AK such as Cooper Landing, Beluga, Kachemak are more expensive by $18, $206, $23 respectively while Knik River and Hope are cheaper by $55 and $169 respectively for similar homes.
  • Bedrooms: 19,399 4 bedrooms homes (17% of total homes ) in Anchorage are paying about $917. Areas near to Anchorage such as Cooper Landing, Beluga, Kachemak are costlier by $11, $127, $14 respectively whereas Knik River and Knik-Fairview are more economical by $34, $26 respectively for similar homes.
  • Auto Insurance Bundling: 18,506 Households (28% of all households) in Anchorage have 3 or more vehicles available and when it is bundled with home insurance you can save $229 compared to Knik River ($220), Sunrise ($203), Hope ($203).
  • Senior Discounts: 25,392 seniors (more than 55 years) occupied housing units (39% of total) in Anchorage get discounts between $137 to $139. The comparative concessions in proximate regions such as Knik River, Sunrise and Knik-Fairview are $132, $121 and $133 respectively.
  • New Homes discounts: New homes such as the 34,653 homes built between 2000 to 2009 in Anchorage can save $183 in contrast with Knik River ($176), Sunrise ($162), Hope ($162).

Anchorage Homeowners insurance Facts

  • Anchorage, AK has 64,718 owner occupied houses which is 61.3% of all units whereas Knik River, Sunrise and Hope have 75.54%, 100.0% and 14.71% respectively.
  • Anchorage, AK homeowners yearly insurance price at $917 is 0.33% of the typical house value of $277,100 which is in contrast with 0.48% in Knik River, 0.43% at Knik-Fairview & 0.34% in Gateway.
  • Homeowners in Anchorage, AK pay 2.82% of their income ($30,000 to $34,999) in insurance whereas homeowners in Knik River, Knik-Fairview and Gateway pay 2.72%, 2.74% and 2.82% respectively.
  • Anchorage, AK’s insurance is 3.8% of monthly housing costs of $1,999/month, for owners with a mortgage compared to 4.98% in Knik River, 4.32% at Knik-Fairview & 3.8% in Gateway. But, for households without a mortgage, insurance is 11.4% of costs ($670 in Anchorage, AK) in contrast with 17.99% in Knik River, 16.72% at Knik-Fairview & 15.59% in Gateway.

Anchorage, AK Home Values & Insurance rates

For example, insurance for 3,242 Homes (6.0% of total homes ) valued between $150,000 to $174,999 in Anchorage, AK is about $531. Rates in nearby areas in such as Cooper Landing, Kachemak, Chistochina are cheaper by $40, $57, $49 respectively while Knik River and Knik-Fairview are costlier by $237 and $163 respectively for similar homes.

Anchorage, AK Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 3,322 6.0% $82
$100,000 to $124,999 1,948 3.0% $357
$125,000 to $149,999 1,642 3.0% $449
$150,000 to $174,999 3,242 6.0% $531
$175,000 to $199,999 3,819 7.0% $614
$200,000 to $249,999 11,454 21.0% $742
$250,000 to $299,999 10,901 20.0% $907
$300,000 to $399,999 15,238 28.0% $1155

Renters Insurance in Anchorage

  • Average Renters Insurance in Anchorage :  $139($11/month)

  • Median Gross Rent in Anchorage :  $1,104

  • Anchorage Renters Insurance to Median Rent Ratio:  1.0%

  • Average household size of renter-occupied unit :  2.54

Anchorage Renters Insurance as a Percentage of Rent

Anchorage Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 1,360 3.0% $1234
$500 to $749 3,493 8.0% $1909
$750 to $999 10,453 26.0% $2659
$1,000 to $1,499 13,056 33.0% $3784
$1,500 or more 9,832 25.0% $5434

Rent Affordability in Anchorage:

Approximately 38.0% (15,620) of households are spending more than 35% of their income on gross rent in Anchorage

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 4,600 11.0%
15.0 to 19.9 percent 5,852 14.0%
20.0 to 24.9 percent 5,409 13.0%
25.0 to 29.9 percent 4,883 11.0%
30.0 to 34.9 percent 4,435 10.0%
35.0 percent or more 15,620 38.0%

Anchorage Renters Insurance Discounts:

Anchorage Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Anchorage, AK Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 19,608 48.0% $13.9
2 vehicles available 13,351 32.0% $20.85
3 or more vehicles available 3,089 7.0% $27.8

Anchorage Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 2,596 6.0% $110
60 to 64 years 1,678 4.0% $88
65 to 74 years 1,554 3.0% $71
75 years and over 1,073 2.0% $55

Protective device discount in Anchorage Up to :  $20

Claims-free discount in Anchorage Up to :  $27

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