Home Insurance in Pilot Point, Alaska
The median home value in Pilot Point is $110,000, 54% lower than the Lake and Peninsula Borough median.
The typical home in Pilot Point was built around 1985. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 7% of homes were built before 1960, in line with Lake and Peninsula Borough (7%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Pilot Point is 90% single-family homes and 6% mobile or manufactured homes.
11% of owner-occupied homes in Pilot Point carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 70%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 86% of occupied homes in Pilot Point are owner-occupied.
86% of homes in Pilot Point 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.
Lake and Peninsula Borough has no active NFIP flood policies on file. Its top FEMA-rated hazard is earthquake (Relatively Low). See the full Lake and 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 | $110,000 |
|---|---|
| Median year built | 1985 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 11% |
| 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)