Home Insurance in King Cove, Alaska
Homes in King Cove carry a median value of $99,800 - 26% lower than the Aleutians East Borough median.
The typical home in King Cove was built around 1978. About 15% of homes were built before 1960, about 2 points above Aleutians East Borough's 14%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in King Cove is 58% single-family homes, 24% apartments in buildings with 5+ units and 12% mobile or manufactured homes.
About 17% of owner-occupied homes in King Cove have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
King Cove has an owner-occupancy rate of 56% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in King Cove - 99% - are primarily heated with fuel oil. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
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 | $99,800 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 17% |
| 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)