Updated: December 4, 2024
Advertising & Editorial Disclosure
COUNTRY Financial offers the best value and affordability for home insurance in Alaska. State Farm is the best option for insuring an expensive home. Our comparisons use a $100,000 dwelling coverage limit, but other coverage amounts can impact your premium.
MoneyGeek also evaluated the cheapest home insurance in Alaska for those prioritizing cost over service quality.
In Alaska, COUNTRY Financial stands out as the best overall homeowners insurance provider, earning a MoneyGeek score of 91 out of 100 for its affordability and value, with annual premiums averaging $539. The runner-up is State Farm, with a MoneyGeek score of 85 out of 100, offering superior service for those with more expensive homes, at an annual premium of $824. Homeowners should balance cost and service quality when selecting a provider to ensure the best coverage for their needs.
In Alaska, COUNTRY Financial offers the most affordable homeowners insurance, priced at $539 per year. Umialik Insurance serves as the runner-up for those prioritizing cost over service quality.
For the best customer service in Alaska, State Farm stands out as the top homeowners insurance provider with a stellar MoneyGeek score of 100 out of 100. If you're considering alternatives, COUNTRY Financial is the runner-up with a MoneyGeek score of 71 out of 100.
Why Trust MoneyGeek? We analyzed data from the Alaska Division of Insurance and Quadrant Information Services to identify the best homeowners insurance options in the state.
Home insurance rates in Alaska represent the latest quotes as of July 2024.
COUNTRY Financial offers the best homeowners insurance in Alaska. Consider the top providers below:
Homeowners have many insurance options, each varying in cost and customer service. It's crucial to balance affordability and quality to find the best policy for your needs.
COUNTRY Financial is the top choice for comprehensive and cost-effective insurance, with an average annual premium of $539. Its offerings include coverage for earthquake damage and a welcome discount for new policyholders.
State Farm leads in service quality for home insurance in Alaska. For dependable service, consider the top-rated providers below:
High service quality ensures timely responses and reliable claims support, especially after stressful events like natural disasters.
State Farm offers excellent service quality, with a perfect customer satisfaction score of 65 out of 65. Its average annual premium is $824.
Key benefits include coverage for updating a home to meet current building codes after a covered loss and for protecting against damage from earthquakes or mudslides.
COUNTRY Financial is the best option for affordable home insurance in Alaska. Here are the best cheapest homeowners insurance companies:
Considering the average cost of home insurance in Alaska, choose a provider that balances affordability with quality service, which is crucial when making a claim for unexpected damage.
COUNTRY Financial scores an impressive 75 out of 75 for affordability, with an average annual premium of $538. Ideal for budget-conscious homeowners, COUNTRY Financial offers discounts for bundling policies and having no recent claims.
State Farm offers the best insurance in Alaska for those with expensive homes. Here are the top options for homeowners seeking $1 million dwelling coverage.
Finding insurance that balances cost with comprehensive protection is crucial for high-value homes requiring extra protection.
State Farm is the top insurance provider for expensive homes, with an affordability score of 40 out of 55 and an average annual premium of $4,355. Bundling policies can reduce premiums.
State Farm offers coverage options like scheduled personal property, which protects valuable items like jewelry, and backup of sewer or drain, which covers damage from sewer or drain backups.
COUNTRY Financial is the best veteran homeowners insurance provider in Alaska.
The best home insurance for veterans addresses challenges like frequent moves and deployments, ensuring comprehensive protection for homes and valuables.
COUNTRY Financial is the top home insurance choice for veterans, earning full points for affordability (55 out of 55) and coverages (10 out of 10). Its average annual premium is $539.
The company provides discounts for new policyholders, newly purchased homes and loyal customers. Its scheduled personal property coverage allows policyholders to insure high-value items separately.
The best homeowners insurance companies balance adequate coverage and reliable customer service with affordable premiums. Find the right policy for you with these steps:
Determine how much home insurance coverage you need. Consider your property's value, location and personal belongings.
Look into reputable insurers, focusing on their track records, customer service, response times and financial stability.
Compare home insurance quotes and coverage options with your needs and budget to balance comprehensive protection and affordability.
Analyze each policy's deductibles, exclusions and the claims process that affect coverages and out-of-pocket costs.
An unbiased insurance agent can clarify policy details, provide personalized advice and help you navigate the insurance market.
Choosing the best homeowners insurance provider depends on your needs and budget. To help you decide, we've answered common questions about home insurance in Alaska.
COUNTRY Financial is the overall best home insurance provider in Alaska with a MoneyGeek score of 85 out of 100.
COUNTRY Financial offers the cheapest homeowners insurance in Alaska, with an average annual premium of $539. Homeowners who qualify for discounts may further reduce costs.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
