Home Insurance in Savoonga, Alaska
Homes in Savoonga carry a median value of $100,000 - 53% lower than the Nome Census Area median.
The typical home in Savoonga was built around 1982. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 8% of homes were built before 1960, in line with Nome Census Area (7%).
The housing stock in Savoonga is 98% single-family homes.
About 9% of owner-occupied homes in Savoonga have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Savoonga has an owner-occupancy rate of 99% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
Most homes in Savoonga - 97% - 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.
FEMA rates Nome Census Area's overall risk as Very Low, led by winter weather (Relatively High). Nome Census Area had 37 active NFIP flood policies as of September 2026. See the full Nome Census Area home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $100,000 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 99% |
| Share of owner-occupied homes with a mortgage | 9% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Nome Census Area | 37 |
| 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)