Home Insurance in Wrangell, Alaska
The median home value in Wrangell is $296,400, close to the Wrangell City and Borough median.
The typical home in Wrangell was built around 1976. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 23% of homes were built before 1960, in line with Wrangell City and Borough (23%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Wrangell is 66% single-family homes, 9% apartments in buildings with 5+ units and 14% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 41% of owner-occupied homes in Wrangell have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Wrangell has an owner-occupancy rate of 59% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
68% of homes in Wrangell are primarily heated with electricity. 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 rates Wrangell City and Borough's overall risk as Very Low, led by winter weather (Very Low). Wrangell City and Borough has no active NFIP flood policies on file. See the full Wrangell City and Borough 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 | $296,400 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Winter Weather (Very 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)