Home Insurance in Akutan, Alaska
Homes in Akutan carry a median value of $93,300 - 31% lower than the Aleutians East Borough median.
The typical home in Akutan was built around 1990. About 5% of homes were built before 1960, about 8 points below Aleutians East Borough's 14%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Akutan, the housing stock is 88% single-family homes and 2% apartments in buildings with 5+ units.
7% of owner-occupied homes in Akutan carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 56% of occupied homes in Akutan are owner-occupied. The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 100% of homes in Akutan are primarily heated with fuel oil.
Aleutians East Borough's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Aleutians East Borough has no active NFIP flood policies on file. See the full Aleutians East Borough home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Alaska carries a statewide average premium of $1,216 per year.
Key figures
| Median home value | $93,300 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 7% |
| Top county hazard | Earthquake (Relatively Low) |
| Home insurance premium | $1,216 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)