Anchorage, AK Home Insurance - Analysis On Quotes, Rates & Agents

Anchorage, AK Insurance Rates:

vHome Insurance undertook a detailed analysis of the cost of insurance in different cities of the country. This analysis helped in narrowing down the list of the top home insurance providers in Anchorage, AK. The average cost of insurance in Anchorage, AK is $1003. The following analysis stresses the importance of comparing multiple quotes. Enter your Zip Code in the banner below to get instant home insurance quotes.

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Average Home Insurance Premium in Anchorage, AK

National Average Premium State Average Premium Anchorage Average Premium
$1,438 $931 $1,003

Top Home Insurance Companies in Anchorage, AK | Back to Top

The following is a list of home insurance companies that provide the best home insurance quotes in Anchorage, AK.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
Safeco $1,020 $1,224 $1,591 $2,195
Allstate $1,484 $1,781 $2,315 $3,195
Umialik $1,090 $1,308 $1,700 $2,346
State Farm $1,344 $1,613 $2,097 $2,893

Anchorage, AK Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 269.24
$150,000 To $174,999 448.75
$175,000 To $199,999 563.11
$200,000 To $249,999 716.26
$250,000 To $299,999 998.38
$300,000 To $399,999 1,376.27
$400,000 To $499,999 1,583.16
$500,000 To $749,999 2,026.44
$750,000 To $999,999 2,343.08
$1000,000 To $1499,999 2,580.55
$1500,000 To $2000,000 2,770.53

Visual Guide for Anchorage, AK Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Anchorage, AK | Back to Top

Home Insurance Company Near Anchorage, AK Homeowners Insurance Agency Near Anchorage, AK Address
Allstate Pat Blakney 3555 Arctic Blvd # 3, Anchorage, AK, 99503
Allstate Roy Briley 1577 C St Ste 102, Anchorage, AK, 99501
State Farm Art Dorsey 9191 Old Seward Hwy Ste 6, Anchorage, AK, 99515-2032
State Farm Art Mathias 3900 Arctic Blvd Ste 102, Anchorage, AK, 99503-5780
State Farm Glenn Marlin 172 S Lamont Circle Ste C, Wasilla, AK, 99654

List of Anchorage, AK Home Insurance Agents by Companies

Anchorage, AK Homeowners Insurance Rates Based on Claims Filed | Back to Top

A discount of $120.36 on the home insurance premium is offered to Anchorage, AK homeowners who have no previous history of claims filed, Anchorage, AK homeowners with one claim have to file an additional home insurance rate of $50, while Anchorage, AK homeowners with 2 claims have to pay $130 more for their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -120 883
One Claim +50 1,053
Two Claim +130 1,133

Anchorage, AK Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
99516 411,300 963
99515 288,100 1,017
99502 278,600 933
99517 277,500 963
99507 268,400 1,016
99501 249,700 1,015
99504 244,700 953
99518 230,000 973
99503 224,500 953
99508 223,000 973

Factors Affecting Home Insurance Premiums in Anchorage, AK

Anchorage, AK homeowners pay an average home insurance premium of $1003. Homeowners in Anchorage, AK can lower their home insurance premiums by considering various factors. vHomeInsurance lists the factors that could help homeowners reduce their home insurance premiums.

Anchorage, AK Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 724
3 Bedroom 1,138
4 Bedroom 1,189
5 Bedroom 1,758

Anchorage, AK Home Insurance Premiums for Different Deductibles | Back to Top

Anchorage, AK Homeowners with a deductible of $500 pay a higher amount for home insurance, while Anchorage, AK homeowners who pay a deductible of $2500 pay a lower amount on their home insurance, as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 991
$1000 Deductible 896
$1500 Deductible 844
$2000 Deductible 766
$2500 Deductible 720

Anchorage, AK Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Anchorage, AK pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 782
Year 30 Old 1,018
Year 40 Old 1,029
Year 50 Old 1,041
Above Year 50 1,051

Anchorage, AK Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 140 863
Masonry 50 953
Brick 50 953
Superior 90 913
Hail Resistant Roof 20 983

Top Saving Tips on Anchorage, AK Homeowners Insurance | Back to Top

Anchorage, AK Homeowners can earn discounts on homeowners insurance based on the construction type of their home. Homes that are built using damage-resistant materials are considered a safe bet for home insurance companies. Anchorage, AK Homeowners can also choose to bundle their home and auto insurance policies to further reduce their home insurance premium. Apart from this, senior citizens also receive substantial discounts from home insurance companies. Homes equipped with home security devices are less prone to burglaries. As a result, Anchorage, AK homeowners receive attractive discounts from home insurance companies.

The tables below contain the complete list of discounts that Anchorage, AK homeowners can take advantage of to increase their savings.

Anchorage, AK Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 171 832
Retiree Discount (Senior Citizen Discount) 140 1,143
Newly Constructed Home 221 782

Anchorage, AK Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 90 913
Fire Extinguishers 80 923
Smoke Detectors 90 913
Sprinkler System 130 873
Fire Alarm 70 933
Burglar Alarm 90 913
Lightning Protection 40 963

Latest Home Insurance Reviews

Liberty Mutual
The cost of the premium did increase this year, but is still in line with other companies, so overall I am okay with what I am paying for coverage.
State Farm
I am completely satisfied because they offer everything I want and feel is important to have. I have not shopped around or compared them to any other company in the recent past. I have been with them for years.
State Farm
I have few issues with State Farm. They are usually very helpful. The cost of auto insurance can be a little high occasionally but overall it is worth it for the service you receive.
State Farm
I never have an issue getting in touch with my agent or a support professional. Online or via phone, I often have excellent experiences.
State Farm
I am not inundated with materials or communication but I also do not feel like I am ignored or an afterthought to the company. Overall everything is fine
Liberty Mutual
The prices for insurance seem just like other companies, low at the beginning and then rise higher each year. However, the cost right now is not that high and service has been good so far.
Liberty Mutual
I believe Liberty Mutual customer service is great. I have had no issues with their service.
State Farm
The only thing I guess I dislike is the price. Everything can always be lower. However, you do pay for what you get and I can't complain about that.
State Farm
I disliked when the company offered us a credit card. We took but it made us fall way behind in payments.
They don't care about customers. They just want you to pay the premium and then go away. Give them your money and don't ever file a claim.
State Farm
My complaints would be the lack of available discounts or other ways to save on overall insurance costs and the usability of the website. If each of the components could be improved upon I would rate the company as superior for customer service and product innovation.
State Farm
There is nothing that I do not like about this company. I find them to be very professional and very kind as well.
there is not anything that I think that I dislike about my company other than having to pay them the money. they do everything that I want when I want it in a way that is convenient for me
State Farm
When compared to other insurance providers, this company customer service is so good.The proposal of claim and the time of claim is really good. They are passing the claim very quickly.
They are there to help when you have a claim or to help solve problems such as billing. They are efficient.
The companies have sub-par customer service and really needs to update their technology for younger generations.
The rate could be lower but then again that would only lower claim payouts, you get what you pay for in most cases.
State Farm
Overall, I have no major complaints. The options for old homes are a slip, they've given me a good rate for the coverage I have, and customer service is great
Sometimes there is not much time to pay the monthly rate. I'll only have a few days to do so upon receiving the statement.
I would recommend them because they're a large company and they are very thorough in what they do.
State Farm
Country Financial
I get my homeowners insurance through country companies. they have been my insurance provider for around fifteen years and across two residences.
We didn't really compare various. policies. We already use them for multiple other things like car insurance. We were good with the policy they provided and we were sure to ensure everything we needed was included.
The policy offerings are about the same as other home insurance company offerings. There are a few discounts offered for various issues, but I'm not sure how much of a difference it really makes.
The customer service department ofAllstate is absolutely amazing. Since they are a smaller company serving a Midwestern rural population primarily they are much more personal.
I would recommend Allstate because they have always been very responsive when I have needed them & they are one of the few companies that will insure homes in our area due to the extreme weather conditions we tend to have.