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The 5 Best Homeowners Insurance Companies in Nebraska

You should look at your potential costs when choosing home insurance. However, you also need to consider coverage options, customer service quality and the ability of the company to pay claims if you want to find the best homeowners insurance policy in Nebraska that suits your needs.

To make the process easier for you, MoneyGeek has ranked the top five home insurance companies in Nebraska based on factors like costs, J.D. Power customer satisfaction score and their ability to pay claims based on AM Best’s financial stability ratings.


1

NationwideScore: 94

5/5

Affordability

4.3/5

User Satisfaction

4.5/5

Financial Stability

Nationwide provides a detailed online quote tool that makes it easy to get a quote. Additional support for replacement costs, valuables and identity protection can also be purchased. Discounts are available for protected homes and gated communities.

Read MoneyGeek's Nationwide Home Insurance Review

2

FarmersScore: 91

4.7/5

Affordability

4.6/5

User Satisfaction

4/5

Financial Stability

With Famers, you get the chance to customize your policy according to your requirements. Multiple policy combos come with discounts. Tech features include an inventory tool, online quote system, online claim filing and billing along with a mobile app.

Read MoneyGeek's Farmers Home Insurance Review

3

TravelersScore: 90

4.7/5

Affordability

3.9/5

User Satisfaction

5/5

Financial Stability

You can get coverage for dwellings, liability protection, personal property protection and medical coverage for guests with a Travelers policy. If your home is a certified green home, your policy can cover the cost of repair or rebuilding using green materials. Filing claims and bill payments can be done online.

Read MoneyGeek's Travelers Home Insurance Review

4

AllstateScore: 88

4.5/5

Affordability

4.2/5

User Satisfaction

4.5/5

Financial Stability

Allstate has a large local network of agents providing personalized service. There are many options for standard and extended coverage with options for liability protection, personal property coverage and discounts for multiple policies and safe homes. The mobile app supports online claims and bill payments and has a tool for everyday and costly claims.

Read MoneyGeek's Allstate Home Insurance Review

5

State FarmScore: 78

3.4/5

Affordability

4.1/5

User Satisfaction

5/5

Financial Stability

State Farm provides coverage for dwellings, personal property, personal liability and replacement costs. Customers with smart home security systems can get special deals. You can make claims, pay bills and find local agents using the website or mobile app. They also feature a detailed online quoting system.

Read MoneyGeek's State Farm Home Insurance Review

What Is the Average Cost of Homeowners Insurance in Nebraska?

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home insurance is 0.0% more than the average.

Home insurance in Nebraska for a baseline dwelling coverage amount of $250,000 comes at the cost of $2,972 per year on average. This rate is about 41.3% more expensive than the national average of $2,103, costing $868 more on average. Home values, crime rates and several other factors are considered by insurance providers when deciding insurance rates based on individual risk profiles.

Home Insurance Calculator: Estimate the Cost of Homeowners Insurance in Nebraska

When it comes to determining your homeowners insurance costs in Nebraska, your current circumstances and facts can contribute to the process. Your frequency of past claims, your credit score, and your personal property’s value may all affect the insurance premium.

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Home Insurance Calculator

State

Nebraska

Dwelling Coverage

$250,000

Deductible

$500

Liability

$300,000

Personal Property

$50,000

Credit Score

Excellent
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low end

on average

high end

These are annual estimates. Get a personalized quote to determine your costs.

The Cheapest Homeowners Insurance Quotes in Nebraska

If you are on the lookout for cheap homeowners insurance in Nebraska your best option might be Nationwide. For a Nationwide policy, you can expect to pay an average annual amount of $2,427 for a baseline dwelling coverage amount of $250,000. This rate costs about $545 less than the state average per year and comes out at 18.3% cheaper on average. If your home gets damaged by specific causes outlined in the policy like fire, hurricanes, floods or theft, your dwelling coverage usually covers the costs of repairing or rebuilding your home. Compare homeowners insurance quotes to find the most affordable deal for the coverage level you want.

Cheapest Homeowners Insurance by Dwelling Coverage

Dwelling Coverage:

$250,000

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  • Company
    Amountper year
  • 1. Nationwide
    $2,427
  • 2. Farmers
    $2,590
  • 3. Travelers
    $2,630
  • 4. Allstate
    $2,724
  • 5. American Family
    $3,365

Best Cheap Homeowners Insurance Companies for Expensive Homes

If you own an expensive home in Nebraska, it can be a good idea to look for the best home insurance policy you can find for your peace of mind. For a $2 million home in Nebraska, the most affordable home insurance option can be Allstate’s policy with an average premium of $9,525 per year. Similar policies from other providers can sometimes cost three times as much, so you stand to gain by comparing quotes.

Cheapest Homeowners Insurance Companies for High-Value Homes

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  • Company
    Amountper year
  • 1. Allstate
    $9,525
  • 2. Farmers
    $9,543
  • 3. American Family
    $14,596
  • 4. State Farm
    $20,124
  • 5. Nationwide
    $20,624

Best Homeowners Insurance Companies if You Have a Pool

Your coverage needs and insurance premiums can increase if you have a pool attached to your home in Nebraska. Different providers can offer different insurance rates. The most affordable option in Nebraska for an average dwelling cost of $250,000 can be Travelers with an average annual cost of $1,981.

Cheapest Homeowners Insurance for Pool Home

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  • Company
    Amountper year
  • 1. Travelers
    $1,981
  • 2. Nationwide
    $2,085
  • 3. Allstate
    $2,194
  • 4. Farmers
    $2,592
  • 5. American Family
    $3,228

Cheapest Home Insurance in Nebraska if You Have Poor Credit

In Nebraska, insurance companies can consider your credit score to be an important metric while deciding on insurance premium costs. Having a poor credit score might be a proportional increase in your premiums. Travelers might be the cheapest policy for people in Nebraska with poor credit with an average cost of $3,965 per year for a baseline dwelling coverage amount of $250,000.

Cheapest Homeowners Insurance for Poor Credit

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  • Company
    Amountper year
  • 1. Travelers
    $3,965
  • 2. Allstate
    $4,435
  • 3. Nationwide
    $4,493
  • 4. American Family
    $5,259
  • 5. State Farm
    $7,690

How to Get Homeowners Insurance Quotes in Nebraska

Your name, address, phone number and social security number are just some of the basic details you may have to provide your insurance company while getting home insurance in Nebraska. The company may also need to know the value of your home, its age, how it was constructed, and if a security system is in use. These factors help the company come up with your personalized quote for your premium.

Insurance Rates

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Other Considerations for Homeowners Insurance in Nebraska

Quite a few other factors can also be important in deciding your annual home insurance costs. Crime statistics, home value, and weather data tend to feature in these considerations. For example, Nebraska ranks 29th in the country on the list of property crime rates, per 100,000, with 40,126 property crimes and 5,494 violent crimes according to a 2018 FBI study. As far as home value is concerned, the state ranks 38th overall, with a typical average value of $175,884 per home.

Emergency preparedness is always a good idea, especially for those emergencies brought on by natural calamities and hazardous weather conditions. If you understand the risks inherent to where you live you can get the relevant insurance coverage.


Do You Need Hail Insurance in Nebraska?This is an icon

It can be a good idea to include coverage for hail damage in Nebraska’s home insurance policy. The state experienced more than 400 hail events in 2019 and had the country’s third-most hail loss claims from 2017 to 2019.

Do You Need Flood Insurance in Nebraska?This is an icon

Flood damage can also be an area of concern in Nebraska. About 9.1% or 102.000 homes are at risk of experiencing flood damage. Some insurance companies might not provide flood damage and you can consider a National Flood Insurance Program (NFIP) policy run by the government if your community participates. You can also consider buying an incremental private policy for a larger average amount.

Methodology

MoneyGeek analyzed homeowners insurance premiums from 16 of the top insurance companies in Nebraska that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Nebraska. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.

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