Home Insurance in Gustavus, Alaska
Homes in Gustavus carry a median value of $330,600 - 26% higher than the Hoonah-Angoon Census Area median.
The typical home in Gustavus was built around 1995. About 5% of homes were built before 1960, about 12 points below Hoonah-Angoon Census Area's 17%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Gustavus breaks down to 93% single-family homes and 3% mobile or manufactured homes.
About 25% of owner-occupied homes in Gustavus have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 47%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 82% of occupied homes in Gustavus are owner-occupied.
Most homes in Gustavus - 73% - are primarily heated with fuel oil. Homes heated with fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Gustavus? FEMA's National Risk Index points to earthquake (Relatively Low) in Hoonah-Angoon Census Area and Hoonah-Angoon Census Area had 1 active NFIP flood policy as of September 2026. See the full Hoonah-Angoon Census Area home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Alaska is $1,216 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $330,600 |
|---|---|
| Median year built | 1995 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 25% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Hoonah-Angoon Census Area | 1 |
| 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)