Home Insurance in St. Michael, Alaska
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in St. Michael was built around 1978. About 0% of homes were built before 1960, about 7 points below Nome Census Area's 7%.
The housing stock in St. Michael is 96% single-family homes.
About 15% of owner-occupied homes in St. Michael have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
St. Michael has an owner-occupancy rate of 68% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
95% of homes in St. Michael 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.
Nome Census Area's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. 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 year built | 1978 |
|---|---|
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 15% |
| 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)