Why you can trust The Zebra
How to get affordable renters insurance in Alaska
Renters insurance is an important form of insurance. It keeps your belongings safe in the event your rental property suffers damage from a common incident. A renters policy protects personal items from fire, smoke damage, a wind storm, theft, vandalism, and a number of other mishaps.
Unlike auto insurance, renters policies aren’t governed by state legislation. Even still, there are substantial differences in the cost of renters insurance policies by state. Renters insurance rates by state may differ depending on the number and cost renters insurance claims made statewide, and depend on the value of the belongings being insured.
Getting a renters policy in Alaska is less expensive than the national average. The average annual cost of renters insurance in Alaska is $111, $73 less expensive than the average across America.
The easiest way to get an affordable renters insurance policy in Alaska is to compare rates and consider policies from as many insurers as possible. Find out typical renters insurance rates in Alaska via the below data. Remember: your rates will vary, depending on your coverage limits and the valuation of your belongings.
- Rates by company
- Rates by city
- Rates by coverage level
- Bundling discounts
- Frequently asked questions
Renters insurance prices in Alaska differ depending on which insurer you use. Country offers the best deal on renters insurance in Alaska, at just $81 per year. This beats the state average cost of $111, providing a 27% price break on average policy costs statewide.
Start searching for cheap renters insurance by checking out the cheapest Alaska renters insurance carriers, listed below.
AFFORDABLE RENTERS INSURANCE COMPANIES IN ALASKA
|Insurance Company||Average Yearly Rate in Alaska|
Renters insurance rates in Alaska vary depending on the city. Prices depend on locally specific variables such as the number of claims filed nearby, meaning your specific ZIP code impact how much you pay.
The best renters insurance rates in Alaska are in Sitka. The average renters insurance policy in Sitka runs only $103 per year — $109 less than the average Alaska rate. Reference the below table to see the cheapest cities in Alaska for renters insurance.
CHEAPEST CITIES FOR RENTERS INSURANCE IN ALASKA
|City||Average Annual Renters Insurance Rate|
Searching for information about renters insurance for a specific city? Have a look at our list of the biggest cities in Alaska.
The cost of your renters insurance policy will be influenced by the amount of coverage you opt to carry. Common renters insurance coverage tiers are $25,000 and $50,000 property coverage. In Alaska, the annual cost differential between these options is roughly $34. If you can afford to insure your personal property at this additional expense, it's an option worth considering.
|Coverage Level||Average Annual Rate in Alaska|
If you want to save on insurance, consider purchasing your renters and car insurance policies from the same company. A renters and auto insurance bundle in Alaska can save you a substantial sum each month on your auto insurance policy. Bundling policies in Alaska results in yearly savings of $63.
CAR AND RENTERS BUNDLING DISCOUNTS IN ALASKA
|Avg. Annual Rate (No Bundle)||Avg. Annual Rate (w/ Bundle)||Annual Savings ($)||Annual Savings (%)|
Is renters insurance required in Alaska?
Although renters insurance is not required in Alaska by state law, your landlord may require it. Outside of this, it's generally a good idea to have this coverage considering the benefits and the low cost.
What does Alaska renters insurance cover?
A basic policy in Alaska will cover your contents, your liability, loss of use, i.e., additional living expenses, and medical payments to others.
About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.