Best homeowners insurance in Nebraska (2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best and cheapest home insurance companies in Nebraska.

Headshot of Rachael Brennan

By

Rachael BrennanSenior Editor & Licensed Auto Insurance ExpertRachael Brennan is a senior editor and a licensed auto insurance expert at Policygenius. Her work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.

Edited by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.
|

Reviewed by

Ian Bloom, CFP®, RLP®Ian Bloom, CFP®, RLP®Certified Financial PlannerIan Bloom, CFP®, RLP®, is a certified financial planner and a member of the Financial Review Council at Policygenius. Previously, he was a financial advisor at MetLife and MassMutual.

Updated|3 min read

Expert reviewedExpert reviewedThis article has been reviewed by a member of ourFinancial Review Council to ensure all sources, statistics, and claims meet the highest standard for accurate and unbiased advice.Learn more about oureditorial review process.

Policygenius content follows strict guidelines for editorial accuracy and integrity. Learn about our editorial standards and how we make money.

Homeowners insurance in Nebraska may be expensive, but nearly year-round threats of natural disasters — from tornadoes and lightning storms to heavy snowfall — make a good policy worth the price tag. 

The average cost of homeowners insurance in Nebraska is $3,510 per year or $293 a month. This is around 100% higher than the national average of $1,754. 

Compare home insurance rates in Nebraska

Start calculator

Compare the best homeowners insurance companies in Nebraska

Of the companies we looked at, American Family had the lowest home insurance rate in Nebraska, with an average yearly cost of $1,916 — $2,651 less than the statewide average. 

American Family also scored highly for customer and claims satisfaction with J.D. Power, along with both State Farm and Nationwide.

Policygenius analyzed thousands of quotes from the 5 largest Nebraska insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Nebraska residents to find the best homeowners insurance in Nebraska.

Company

Best for...

Average monthly cost

Policygenius rating

State Farm

High customer service ratings

$338

4.8 out of 5

American Family

Lowest rates

$160

4.5 out of 5

Nationwide

Coverage options

$449

4.5 out of 5

Farmers

Discounts

$215

4.5 out of 5

Allstate

Short term rental owners

$291

4.4 out of 5

Best for customer service: State Farm

award icon

2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Offers earthquake insurance

Wind/hail deductible

Offers wildfire insurance

Why we chose itchevron icon

State Farm is one of the best home insurance companies in Nebraska thanks to its large selection of policy options, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • Save up to $1,127 per year when you bundle your home and auto insurance

  • Excellent line-up of policy add-ons, including extended replacement cost coverage

Cons

  • No longer sells home insurance policies in California

  • 20% more complaints filed with the NAIC than other companies of its size

More detailschevron icon

Why we chose State Farm

State Farm is one of the best home insurance companies in Nebraska, especially if you want to add coverage to a basic policy. State Farm lets homeowners get extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, and more.

State Farm's customer service is highly rated, too. The company has received high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. It has also received the highest rating possible from A.M. Best for financial strength and stability.

How do State Farm home insurance rates compare to the Nebraska average?

The average cost of home insurance from State Farm in Nebraska is $4,052 per year, which is 15% more expensive than the statewide average.

How to get a quote

Online through State Farm or by contacting your local State Farm agent.

Best for low rates: American Family

award icon

2024 Policygenius award winner

American Family

American Family home insurance

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers extended replacement cost

Offers flood insurance

Bundle home & auto

Why we chose itchevron icon

American Family is one of the best home insurance companies in Nebraska, especially for people who want to add coverage to a basic policy. AmFam also has high customer service ratings and several discounts.

Pros and conschevron icon

Pros

  • Affordable rates and 11 available discounts

  • Ranked #2 in J.D. Power’s 2022 U.S. Home Insurance Study

  • Diminishing deductible feature to lower out-of-pocket claim costs

Cons

  • Only available in 19 states

  • Offers online quotes, but requires talking to an agent to complete the process

More detailschevron icon

Why we chose American Family

American Family is one of the top home insurance companies in Nebraska. You can customize your American Family policy with up to 15 additional coverage options — including inland flood, equipment breakdown, and service line coverage.

The most affordable coverage in Nebraska, AmFam's many discounts (including paying your premiums all at once, opting for paperless billing, and signing up for automatic payments) can make your premiums even cheaper.

How do American Family home insurance rates compare to the Nebraska average?

The average annual cost of American Family home insurance in Nebraska is $1,916 per year, which is 45% cheaper than the statewide average.

How to get a quote

Online with American Family or by contacting a local agent

Best for coverage options: Nationwide

award icon

2024 Policygenius award winner

Nationwide

Nationwide logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Mobile app

New homebuyer discount

Offers extended replacement cost

Why we chose itchevron icon

Nationwide offers an impressive selection of home insurance coverages for both standard and high-net worth Colorado homes, offering extended and guaranteed home replacement coverages and broad "all-risks" coverage for your home and personal belongings.

Pros and conschevron icon

Pros

  • Multiple high-quality coverage options

  • Highly rated for claims satisfaction with J.D. Power

  • Available in most states

Cons

  • Below-average customer satisfaction and digital experience ratings

  • Won’t cover Airbnbs or other short-term rentals

More detailschevron icon

Why we chose Nationwide

Nationwide customers in Nebraska can choose from extended or guaranteed replacement cost coverages to increase their home's structural protection and ensure they have enough dwelling coverage to rebuild after a disaster. If your home is damaged or destroyed by a covered event, Nationwide's signature "better roof replacement" coverage will replace your roof with stronger materials than what you had before.

Keep in mind that both of these additional coverages don't come standard with Nationwide — you need to pay extra for them — and with Nationwide's already somewhat high premiums in Nebraska, the thought of paying for even more coverage may give some homeowners pause. But if you're looking for the best in comprehensive protection and claims satisfaction, Nationwide seems like a no-brainer.

How do Nationwide home insurance rates compare to the Nebraska average?

The average cost of Nationwide home insurance in Nebraska is $5,382 per year, which is around 53% more expensive than the annual statewide average of $3,510.

How to get a quote

Online through Policygenius or Nationwide

Best for discounts: Farmers

award icon

2024 Policygenius award winner

Farmers

Farmers Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers extended replacement cost

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Farmers is one of the best home insurance companies in Nebraska for those who want to add coverage to their policies. Farmers also has a range of discounts, slightly cheaper-than-average rates, and high claims satisfaction scores.

Pros and conschevron icon

Pros

  • 12+ discounts to save on rates

  • Extended and guaranteed replacement cost for your home

  • Shave $50 off your deductible each year you’re with Farmers

Cons

  • Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

More detailschevron icon

Why we chose Farmers

Farmers is one of the best home insurance companies in Nebraska, especially if you want to add coverage to a basic policy. Optional coverages from Farmers include guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.

Farmers also earned a high score in J.D. Power’s 2022 claims satisfaction study (though it scored below average on J.D. Power’s overall customer satisfaction and digital experience surveys). Plus, Farmers receives fewer complaints than average, according to the National Association of Insurance Commissioners.

How do Farmers home insurance rates compare to the average in Nebraska?

The average cost of Farmers home insurance in Nebraska is $2,576 per year, which is 27% cheaper than the state's average annual premium.

How to get a quote

Online through Farmers

Best for short-term rental owners: Allstate

award icon

2024 Policygenius award winner

Allstate

Allstate logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.4

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Whether you’re looking for basic or comprehensive home insurance coverage, Allstate is a standout option. Airbnb hosts may also like Allstate thanks to HostAdvantage — its affordable short-term rental coverage that can be easily added to any policy.

Pros and conschevron icon

Pros

  • High-quality and flexible policy options

  • Numerous discounts and features that help you save

  • Below-average customer complaints

Cons

  • No longer sells home insurance policies in California

  • Below-average digital experience rating with J.D. Power

More detailschevron icon

Why we chose Allstate

Allstate's lower-than-average premiums, high customer satisfaction ratings, and excellent coverage options make it one of the top choices for homeowners insurance in Nebraska.

Allstate also offers a few discounts that will be easy for many people to qualify for, like discounts for setting up automatic payments, bundling policies, and signing up for coverage before your current policy expires.

How do Allstate home insurance rates compare to the Nebraska average?

The average annual cost of an Allstate home insurance policy in Nebraska is $3,494 per year, on par with the statewide average.

How to get a quote

Online through Policygenius or Allstate, or by contacting a local Allstate agent.

Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Compare home insurance rates in Nebraska

Start calculator

How much is homeowners insurance in Nebraska?

The average cost of homeowners insurance in Nebraska is $3,510 per year, or roughly $293 a month, for an insurance policy with $300,000 in dwelling coverage. This is 100% higher than the national average of $1,754 per year.

Nebraska homeowners insurance rates by city

Looking at average home insurance costs for the 15 most popular insurers in Nebraska, we found that the cheapest homeowners insurance companies in the state are American Family and Farmers.

Home insurance rates depend largely on the size, age, and value of your home. Older homes are more expensive to insure because they are less sturdy and may require outdated materials to make repairs. Large homes and high-value homes will also need more expensive repairs and cost more to rebuild. In Nebraska, the high risk of severe weather also drives up the cost of home insurance. 

Here’s a look at the average cost of home insurance in the 20 largest cities in Nebraska.

City

Average monthly cost

Average annual cost

Difference from state average (%)

Omaha

$286

$3,436

-2%

Lincoln

$239

$2,868

-18%

Bellevue

$261

$3,126

-11%

Grand Island

$325

$3,898

11%

Kearney

$327

$3,929

12%

Fremont

$276

$3,311

-6%

Norfolk

$279

$3,352

-5%

Hastings

$322

$3,861

10%

Columbus

$274

$3,287

-6%

Papillion

$246

$2,946

-16%

North Platte

$304

$3,648

4%

La Vista

$246

$2,947

-16%

Scottsbluff

$362

$4,338

24%

South Sioux City

$252

$3,026

-14%

Beatrice

$283

$3,401

-3%

Lexington

$307

$3,686

5%

Gretna

$251

$3,012

-14%

Gering

$367

$4,403

25%

York

$291

$3,494

0%

Alliance

$361

$4,331

23%

Collapse table

Nebraska homeowners insurance rates by coverage amount

The table below highlights the average annual premium in Nebraska for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.

Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.

Dwelling coverage limit

Average annual cost

$100,000

$1,742

$200,000

$2,660

$300,000

$3,510

$400,000

$4,369

$500,000

$5,184

Compare home insurance rates in Nebraska

Start calculator

Cheapest homeowners insurance companies in Nebraska

The amount you pay for homeowners insurance primarily depends on your home's replacement cost and how much dwelling coverage it requires. You may also find that companies set rates differently depending on how much coverage is in your policy.  For example, a company that offers cheapest home insurance rates for a home with a low dwelling coverage limit may charge relatively high premiums for a home with high dwelling coverage limits. That's why it's so important to compare quotes from multiple companies.

 Here's the average annual premium from several insurance companies in Nebraska.

Company

Average annual cost

American Family

$1,916

Farmers

$2,576

Farmers Mutual of Nebraska

$2,708

USAA

$3,044

Allstate

$3,494

Farm Bureau Insurance

$3,738

State Farm

$4,052

Foremost

$4,122

Nationwide

$5,382

Travelers

$10,817

Collapse table

Cheapest Nebraska homeowners insurance if you have poor credit

Nebraska allows insurance companies to use your credit rating to help set your rates. Homeowners with lower credit scores should expect to pay higher rates for their homeowners insurance.

Below are the homeowners insurance rates for Nebraska residents with poor credit.

Company

Average annual cost

American Family

$2,772

Farmers Mutual of Nebraska

$3,210

Allstate

$4,238

USAA

$4,265

Farmers

$4,624

Farm Bureau Insurance

$4,991

Nationwide

$6,317

State Farm

$6,968

Foremost

$7,010

Travelers

$37,613

Collapse table

Cheapest Nebraska homeowners insurance if you have an older home

The age of your home is one of the factors that impacts your insurance rates. Here are the rates for older homes in Nebraska by company.

Company

Average annual cost

Farmers

$2,442

American Family

$2,743

Allstate

$3,058

USAA

$3,077

Farmers Mutual of Nebraska

$3,089

Farm Bureau Insurance

$3,585

Foremost

$4,021

State Farm

$4,052

Nationwide

$4,515

Travelers

$13,417

Collapse table

Cheapest Nebraska homeowners insurance if you have a history of claims

Filing multiple claims can impact your homeowners insurance rates. Here are the average rates for homeowners who have filed multiple claims.

Company

Average annual cost

Farmers Mutual of Nebraska

$3,089

Farmers

$3,185

American Family

$3,923

USAA

$4,051

State Farm

$4,625

Allstate

$4,628

Nationwide

$7,135

Foremost

$10,226

Farm Bureau Insurance

$11,473

Travelers

$13,920

Collapse table

How to buy homeowners insurance in Nebraska

Finding the right home insurance is a matter of getting the coverage you need for a fair price. Here are some steps for shopping for home insurance in Nebraska:

5 steps to purchase home insurance in Nebraska

  1. Reach out to a licensed Policygenius agent. If you have questions about how much or what type of coverage you need, a Policygenius agent can help.

  2. Consider purchasing flood insurance. Floods can cause major damage to your home even when you’re not in a flood zone. Ask a Policygenius about your options for flood insurance.

  3. Figure out how much you can afford to pay for your deductible. Even though a higher deductible can lower your premium, it won’t save you much money if you have to file multiple claims in a short period of time. Be sure you're choosing a deductible you can afford to pay out of pocket. 

  4. Compare quotes from a Policygenius agent. A Policygenius agent can help you compare quotes from different companies to determine which policy offers the best coverage for the most affordable price.

  5. Choose your policy, sign it, and pay your first premium. Once you’ve chosen your policy, a Policygenius agent can take care of the rest. 

Compare home insurance rates in Nebraska

Start calculator

Frequently asked questions

What is the average cost of homeowners insurance in Nebraska?

The average cost of homeowners insurance in Nebraska is $4,567 per year or $381 a month.

Why do home insurance companies ask about trampolines?

Trampolines can increase the likelihood for injuries on your property, which can lead to liability claims. Because of this, insurance companies tend to charge higher rates to homeowners with trampolines in their yards.

What are some things that affect your homeowners insurance cost?

The cost of your homeowners insurance is based on several factors. The age, size, and value of your house all determine the cost to repair or rebuild it and will affect yhour premiums. Where you live is an important factor, too. Areas with high crime or frequent storms or flooding will often see higher premiums. Insurance companies also charge more for customers with poor credit, swimming pools, and even certain dog breeds.

How can I reduce the cost of homeowners insurance?

Most insurance companies offer a variety of discounts that can bring down the cost of your premium. Choosing a higher deductible can also reduce your home insurance rate. One of the best things you can do to make sure you’re getting the most affordable rate is to shop around and compare quotes from several cmopanies.

Author

Rachael Brennan is a senior editor and a licensed auto insurance expert at Policygenius. Her work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.

Editor

Pat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

Questions about this page? Email us at .