Home Insurance in Cold Bay, Alaska
The typical home in Cold Bay was built around 1989. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 12% of homes were built before 1960, about 2 points below Aleutians East Borough's 14%.
In Cold Bay, the housing stock is 87% single-family homes and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
Almost no owner-occupied homes in Cold Bay carry a mortgage.
The vacancy rate is 45%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 13% of occupied homes in Cold Bay are owner-occupied.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Cold Bay - 100% - are primarily heated with fuel oil.
Aleutians East Borough has no active NFIP flood policies on file. Its top FEMA-rated hazard is earthquake (Relatively Low). 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.
In Alaska, the statewide average premium for a standard HO-3 homeowners policy is $1,216 per year (NAIC, 2023 data).
Key figures
| Median year built | 1989 |
|---|---|
| Owner-occupied share | 13% |
| Share of owner-occupied homes with a mortgage | 0% |
| 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)