
How much is Flood Insurance in Alaska?
The average cost per policy in Alaska through the NFIP is $589.13. ​Depending on where you live, this average could vary substantially! If you're interested in a quote for a private flood insurance policy to compare costs to the NFIP, we offer both! Quote online to compare costs and coverages side-by-side with our quick online quote tool.
Average Costs through the NFIP
City | Average Cost per Policy |
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Anchorage | $393.57 |
Fairbanks | $541.46 |
Juneau | $426.13 |
Sitka | $1,507.09 |
Ketchikan | $1,616.84 |
Kenai | $631.82 |
Bethel | $540.54 |
Homer | $534.42 |
Valdez | $435.16 |
Seward | $794.05 |
Prices as of 11/30/24.
Our Private Flood Insurance Prices are Often Lower!
Our private flood insurance averages are often much lower than those shown above! Get a quote online and find out how much we can save you.
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Not sure if private flood is right for you? We quote both NFIP and private flood insurance online! Instantly compare prices and coverage side-by-side. It’s fast, easy, and 100% online.

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NFIP vs. Private Flood Insurance
Does my homeowners insurance cover flooding?
Standard homeowners insurance generally excludes flood coverage. Obtaining a flood insurance policy is typically left up to the homeowner. If you're looking to get a policy, we offer a 100% online process. You can get a quote started here!
Do I need flood insurance in AK?
Flooding in Alaska is a serious concern—even for homes far from rivers or the coast. The state’s unique climate and rugged terrain create several flood risks, including rapid snowmelt, heavy rainfall, and dangerous ice jams. During sudden warming periods, snowmelt can raise river levels quickly, leading to ice jams that block waterways and trigger flash flooding. These events can strike with little warning, causing significant damage to homes and infrastructure. Flood insurance offers critical protection against these unpredictable threats.
The first step in assessing your flood risk is to find out if you're a flood zone. Enter your address on our FEMA Flood Zone Map lookup tool.
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If you're ready to get coverage from the most common natural disaster, the first step is obtaining an instant flood insurance quote. Simply click the button below to get started!

How to Get Flood Insurance Without a Flood Elevation Certificate.
Quality flood insurance is available without the added expense and trouble of getting an elevation certificate. FloodPrice can compare the rates for both private flood insurance and the NFIP to make sure you are getting the right coverage for the best price. Check out our quote page now to find out what coverage we can offer.
Flood Insurance Pricing Changes in Alaska
The NFIP recently adjusted its pricing system called Risk Rating 2.0. Their view of risk assessment now aligns more closely with practices that private carriers implemented years earlier.
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As a result, most policyholders in Alaska have seen changes to their premiums. According to FEMA, approximately 66% of policyholders nationwide were projected to see price increases with the updated pricing methodology.
Why did FEMA Implement Risk Rating 2.0?
FEMA moved away from antiquated pricing based on flood zones and elevation certificates, and toward assessing each individual property. These adjustments are intended to more accurately reflect each property's unique flood risk. The following are considered by the NFIP when calculating your premium:
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Distance to water (river, coast, etc.)
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Cost to rebuild
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Flood frequency and types (coastal, riverine, and heavy rain)
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Ground elevation and foundation type
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Historical claims and mitigation efforts

Compare NFIP with Private Flood Insurance Premiums Online
At FloodPrice, you can compare NFIP and Private Flood Insurance quotes side-by-side with our quick online quote tool. This makes it easier to find a policy that fits your budget and your needs. While private policies often offer more flexibility and may be less expensive for some, the NFIP still offers robust coverage, especially in high-risk or FEMA-regulated zones.