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 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 |
|---|---|---|---|
High customer service ratings | $338 | 4.8 out of 5 | |
Lowest rates | $160 | 4.5 out of 5 | |
Coverage options | $449 | 4.5 out of 5 | |
Discounts | $215 | 4.5 out of 5 | |
Short term rental owners | $291 | 4.4 out of 5 |
Best for customer service: State Farm
2023 Policygenius award winner
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Offers earthquake insurance
Wind/hail deductible
Offers wildfire insurance
Why we chose it
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 cons
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 details
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
2023 Policygenius award winner
American Family
4.5
Offers extended replacement cost
Offers flood insurance
Bundle home & auto
Why we chose it
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 cons
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 details
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
2023 Policygenius award winner
Nationwide
4.5
Bundle home & auto
Mobile app
New homebuyer discount
Offers extended replacement cost
Why we chose it
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 cons
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 details
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
2023 Policygenius award winner
Farmers
4.5
Offers extended replacement cost
Bundle home & auto
Smart home discounts
Why we chose it
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 cons
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 details
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
2023 Policygenius award winner
Allstate
4.4
Bundle home & auto
Smart home discounts
Why we chose it
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 cons
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 details
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.
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% |
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 |
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 |
|---|---|
$1,916 | |
$2,576 | |
Farmers Mutual of Nebraska | $2,708 |
$3,044 | |
$3,494 | |
$3,738 | |
$4,052 | |
$4,122 | |
$5,382 | |
$10,817 |
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 |
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 |
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 |
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:
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.
