Home Insurance in Teller, Alaska
Homes in Teller carry a median value of $38,100 - 82% lower than the Nome Census Area median.
The typical home in Teller was built around 1986. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 3% of homes were built before 1960, about 4 points below Nome Census Area's 7%.
In Teller, the housing stock is 88% single-family homes. The rest are 2-4 unit or other housing types.
In Teller, about 7% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Teller has an owner-occupancy rate of 54% and a vacancy rate of 17%; unoccupied homes typically need a different coverage form.
Most homes in Teller - 94% - 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.
What's the biggest home insurance risk near Teller? FEMA's National Risk Index points to winter weather (Relatively High) in Nome Census Area and 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.
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 | $38,100 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 7% |
| 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)