USAA is the cheapest home insurance company in Nebraska at $2,566 per year. Farmers ranks second at $3,733 annually and provides coverage to all Nebraska residents. The five most affordable insurers deliver savings between $1,878 and $3,711 compared to the state average.
Cheapest Home Insurance Companies in Nebraska (2026 Rates)
Updated: February 1, 2026
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Key Takeaways: Find Cheap Nebraska Coverage
USAA offers the cheapest homeowners insurance in Nebraska, with average rates of $2,566 per year.
USAA, Farmers, State Farm, American Family and Allstate offer rates 30% to 59% below Nebraska's $6,277 average.
Bundle your home and auto insurance policies to save 10% to 25% on premiums — one of the biggest discounts Nebraska insurers offer.
Who Are the Cheapest Home Insurance Companies in Nebraska?
| USAA | $214 | $2,566 | -59% |
| Farmers | $311 | $3,733 | -41% |
| State Farm | $323 | $3,874 | -38% |
| American Family | $325 | $3,903 | -38% |
| Allstate | $367 | $4,399 | -30% |
*The rates above are for homeowners ages 41 to 60 with good credit and no claims history. Quotes are for a home built in 2000 insured for $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage with a $1,000 deductible.
Cheapest Nebraska Home Insurance Rates by Category
According to our cost research, USAA offers the lowest home insurance rates across all categories in Nebraska. The cheapest provider varies by category, with rates ranging from $1,616 for newer homes to $2,875 for high-risk fire properties.
| Older Homes | USAA | $2,633 |
| Newer Homes | USAA | $1,616 |
| Young Homeowners | USAA | $2,589 |
| Senior Homeowners | USAA | $2,556 |
| High-Risk Fire Homes | USAA | $2,875 |
| Smaller Homes | USAA | $2,287 |
| Larger Homes | USAA | $2,838 |
COMPARE COVERAGE OPTIONS AND SERVICE QUALITY
The cheapest company may not be your best fit. Customer service quality, coverage options and claims handling matter beyond price. Our guide to the best home insurance companies in Nebraska compares insurers across these factors.
Cheapest Homeowners Insurance by Nebraska City
Risk factors differ by location, so insurers price policies differently across Nebraska. USAA offers the cheapest rates in Bellevue and Cambridge, but other insurers may provide better pricing elsewhere in the state.
| Bellevue | USAA | $2,398 |
| Cambridge | USAA | $2,761 |
| Dannebrog | USAA | $2,756 |
| Lincoln | USAA | $2,647 |
| Omaha | USAA | $2,440 |
Most Affordable Nebraska Home Insurance by Coverage Level
Your coverage needs determine which insurer offers the best rate. USAA provides the most affordable homeowners insurance across all coverage levels, from basic $100,000 dwelling coverage at $1,347 annually to premium $1 million dwelling protection.
Data filtered by:
$100K Dwelling / $50K Personal Property / $100K Liability
| USAA | $112 | $1,347 |
| State Farm | $162 | $1,950 |
| Farmers | $192 | $2,309 |
| American Family | $195 | $2,338 |
| Nationwide | $222 | $2,668 |
How to Save on Nebraska Home Insurance
Nebraska homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Bundle Home and Auto Policies
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to Nebraska homeowners.
Increase Your Deductible
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
Improve Your Credit Score
Nebraska allows insurers to use credit-based insurance scores when setting rates. Improving your credit score can save you hundreds of dollars annually on your home insurance premium.
Maintain a Claims-Free History
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Ask About Available Discounts
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Affordable Nebraska Home Insurance: FAQ
Frequently asked questions about the cheapest home insurance in Nebraska:
Does home insurance in Nebraska cover tornado damage?
Yes, standard homeowners insurance in Nebraska covers tornado damage to your home and belongings. Nebraska faces high tornado risk, so having adequate coverage is crucial. Flood damage from storms usually isn't covered and may require separate flood insurance.
Is flood insurance required in Nebraska?
Mortgage lenders require flood insurance if your home sits in a FEMA high-risk flood zone. Outside these zones, the decision is yours. Standard homeowners policies exclude flood damage, and Nebraska's increasing flood risks make this coverage worth considering even when not mandated.
What's the difference between replacement cost and actual cash value coverage?
Replacement cost coverage pays for the rebuilding or replacement of your home at today's prices without factoring in depreciation. Actual cash value coverage subtracts depreciation, giving you less money for repairs. Most Nebraska lenders require replacement cost coverage since it better protects your home investment.
Can I cancel my Nebraska home insurance anytime?
You can cancel your Nebraska home insurance policy anytime, though some insurers charge cancellation fees. You'll receive a prorated refund for the unused premium. Your mortgage lender will need proof of new coverage to avoid any gaps that could affect your loan agreement.
How We Found the Cheapest Home Insurance Companies in Nebraska
Our rate analysis reflects what most Nebraska homeowners need: standard coverage for a typical single-family home built within the past 25 years.
We collected quotes from major insurers using a consistent homeowner profile across Nebraska. This approach shows how each company prices the same coverage by removing variables that make direct comparisons difficult. The base profile represents the most common home insurance scenario in Nebraska.
Standard Coverage Profile:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- $1,000 all-perils deductible
- Home built in 2000
- 3-class fire protection rating
- Good credit
- No claims filed in the past 5+ years
For specialty scenarios like older homes, high-value properties and rural locations, we adjusted variables from this base profile while keeping other factors constant. This shows how specific characteristics affect your rate compared to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.