Average Costs and Cheapest Homeowners Insurance Companies in Nebraska

The most affordable home insurance in Nebraska can vary greatly depending on your needs and circumstances. While Nationwide is the most affordable overall, those with a newer home, a pool or poor credit will find the best rates at Travelers. Additionally, someone with an expensive home could get the lowest premiums at Allstate.

MoneyGeek included thousands of quotes from multiple providers to calculate the average rates and find the cheapest homeowners insurance companies in Nebraska.

If you’re looking to balance affordability with a strong service experience, MoneyGeek also scored the best home insurance companies in Nebraska.

MoneyGeek gathered and averaged thousands of quotes from various providers to help determine the cheapest providers for different dwelling coverage limits.

Someone looking for the cheapest home insurance companies in Nebraska for a baseline dwelling coverage of $250,000 will find Nationwide to be the top option, with policies priced at $2,427 per year.

The cheapest options in Nebraska by dwelling coverage are:

• Cheapest for $100,000: Nationwide
• Cheapest for $250,000: Nationwide
• Cheapest for $500,000: Allstate

If you want to find out how much your insurance will cost for the dwelling coverage you need, toggle the table below. How much dwelling coverage you’ll need depends on the replacement cost of your home.

Home insurance costs can vary greatly depending on how much dwelling coverage you buy. Opting for a higher dwelling coverage limit will require you to pay more upfront, but it also gives you added protection against the risk of any significant damage to your insured property.

In Nebraska, the baseline dwelling coverage amount is $250,000. These policies cost an average annual rate of $2,972. The lowest dwelling coverage amount of $100,000 costs an average of $1,663 per year, while the highest dwelling coverage of $3 million costs around $28,116.

Insurance providers will calculate your homeowners insurance premiums based on many important factors, such as your house’s value, age, location, roofing quality, security devices, safety features and personal property, among others.

If you are interested in seeing how the average cost of homeowners insurance in Nebraska can change, use MoneyGeek’s calculator by adjusting your dwelling coverage limits, deductible and other limits.

MoneyGeek gathered and analyzed thousands of quotes from different providers to help you find the cheapest homeowners insurance in Nebraska if you need $2 million in baseline dwelling coverage.

On average, we found that the most affordable policies are from:

• Allstate: $9,525 per year
• Farmers: $9,543 per year

Premiums can vary depending on your dwelling coverage limits if you own an expensive home. Make sure to shop around and compare quotes from different providers so you can identify the cheapest option that gives you the proper coverage.

MoneyGeek averaged thousands of quotes for a sample home built in 2015 that needs $250,000 in dwelling coverage.

On average, we found that the most affordable homeowners insurance in Nebraska for this type of home are from:

• Travelers: $1,341 per year
• Nationwide: $1,368 per year

Most insurers factor in the age of your home when calculating your premiums and offer lower rates for new homes. Nebraska homes built in 2015 cost, on average, $830 lower in annual premiums compared to homes that were constructed in 2000.

The rates for homes built in 2000 differ from the first section due to a different ZIP code collection process.

The average cost of homeowners insurance in Nebraska for newer homes is $1,761 per year, while the average annual rate for a home constructed in 2000 is $2,591.

Several factors make older homes more expensive to insure. The materials used in building the home might be very costly, difficult to find or require the services of a special builder. The home’s structure and foundation, as well as its plumbing, electrical and roofing systems, might already be faulty and outdated, thus requiring repair or replacement.

MoneyGeek compiled and averaged thousands of quotes to find the cheapest provider in Nebraska for homes with pools.

On average, the best insurance company in Nebraska for homeowners with a pool and baseline dwelling coverage of $250,000 are:

• Travelers: $1,981 per year
• Nationwide: $2,085 per year

Having a well-maintained swimming pool can boost your home’s overall appeal and value, but it can also raise your premiums and require you to pay for additional liability coverage. Aside from increasing the risk of accidents, a pool is also costly to replace.

In some states, having a pool on your property may have a big impact on the cost of your home insurance. However, this is not the case in Nebraska. For a $250,000 dwelling coverage limit, homeowners with a pool pay an average premium rate of $2,592. This is only $1 more than the average premium rate for homeowners without a pool.

MoneyGeek found the cheapest insurer for homeowners in Nebraska with a poor credit record by averaging thousands of quotes.

On average, we found that the most affordable homeowners insurance in Nebraska for residents with bad credit who need $250,000 in dwelling coverage are:

• Travelers: $3,965 per year
• Allstate: $4,435 per year

Insurance providers may use your credit score to calculate the cost of your policy. They do this to check the risk of insuring you. People who have lower credit scores tend to have higher insurance losses and claims payouts.

Your credit score can have an impact on how much you need to pay for your home insurance. Generally, a poor credit background can raise your insurance rates.

On average, Nebraska homeowners with excellent credit pay around $3,373 less per year for insurance than those with bad credit.

The city where you live also plays a role in your insurance costs. MoneyGeek analyzed the cities of Lincoln and Omaha and found average annual rates of $2,498 and $3,327, respectively.

Travelers is the cheapest option in Lincoln and costs roughly $644 less than the city average. Farmers is the cheapest in Omaha and costs around $753 less than the city average.

Click on your city to learn more about the different rates.

Your name, address, phone number and social security number are just some of the basic details you may have to provide your insurance company when 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. All this information is required to get a binding personalized home insurance quote estimate from an insurance company.

You can also choose to get an anonymous quote using MoneyGeek’s Nebraska home insurance calculator. We compiled thousands of quotes from different providers to come up with the average estimated costs.

MoneyGeek analyzed homeowners insurance premiums from seven of the top affordable homeowners 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 $500,000, liability coverage of $100,000 and personal property coverage of $100,000.