Home Insurance in Ketchikan Gateway Borough, Alaska
The median home value in Ketchikan Gateway Borough is $393,300, 11% higher than the Alaska median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Ketchikan Gateway Borough was built around 1977. About 29% of homes were built before 1960, about 21 points above Alaska's 8%.
In Ketchikan Gateway Borough, the housing stock is 60% single-family homes, 16% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 62% of owner-occupied homes in Ketchikan Gateway Borough have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Ketchikan Gateway Borough has an owner-occupancy rate of 69% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
In Ketchikan Gateway Borough, 45% of homes 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's National Risk Index lists winter weather (Relatively Low), earthquake (Very Low) and coastal flooding (Very Low) as the leading hazards for Ketchikan Gateway Borough. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Ketchikan Gateway Borough had 94 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $393,300 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top hazards (FEMA National Risk Index) | Winter Weather (Relatively Low), Earthquake (Very Low), Coastal Flooding (Very Low) |
| Active NFIP flood policies (county) | 94 |
| Home insurance premium | $1,216 - statewide average (NAIC, 2023 data) |
Towns and cities
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)