Home Insurance in Seldovia, Alaska
The median home value in Seldovia is $197,200, 39% lower than the Kenai Peninsula Borough median.
The typical home in Seldovia was built around 1979. About 23% of homes were built before 1960, about 19 points above Kenai Peninsula Borough's 4%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Seldovia breaks down to 86% single-family homes, 4% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Seldovia, about 24% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Seldovia has an owner-occupancy rate of 85% and a vacancy rate of 41%; unoccupied homes typically need a different coverage form.
Most homes in Seldovia - 55% - 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.
FEMA rates Kenai Peninsula Borough's overall risk as Relatively Moderate, led by earthquake (Relatively High). Kenai Peninsula Borough had 354 active NFIP flood policies as of September 2026. See the full Kenai Peninsula Borough 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 | $197,200 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 24% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Kenai Peninsula Borough | 354 |
| 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)