What to Know about Homeowners Insurance

in Nebraska

Facts about Home Insurance in Nebraska

Unlike car insurance, homeowners insurance is not required by law. However, lenders will require you to have it if you have a mortgage or have taken out a home equity loan. Home insurance is important because it can protect you against many of the risks you face as a homeowner in Nebraska. This includes severe storms, tornadoes, hail, blizzards, fires, property crimes, and even liability lawsuits.

More Nebraska home insurance facts

  • Nebraska sees an average of 55 tornadoes a year.
  • With 420 hailstorms, NE ranked #3 in the US in 2017.
  • Approximately 50 wildfires occur in this state each year.
  • Blizzards in NE can dump as much as 2 feet of snow in a day.

Average Cost of Homeowners Insurance in Nebraska

On average, American’s pay $1,173 a year for their home insurance. In Nebraska, rates are generally higher with an average cost of $1,369, making this the 11th most expensive state for coverage. Your rates can be influenced by factors like the size, age, and value of your home, the burglary rate and weather risks in your ZIP code, and even your credit score. Comparison shopping can save you hundreds of dollars by enabling you to find the best price for a suitable policy.

Average Price of Homeowners Insurance

average cost of home insurance in nebraska chart

Why Choose an Independent Insurance Agent?

  • Local independent agents have your best interests at heart
  • These agents provide professional, personalized service
  • You can turn to your agent for help if you need to file a claim

Find an independent agent in Nebraska

I was going to change my homeowners insurance carrier, so I searched for quotes online from different insurance companies. I Googled for independent insurance agents near me, and found TrustedChoice.com. Their website was easy to navigate and their agent options were just what I was looking for. The company that I chose also provided great service.

five stars Sydney of Lincoln, NE Consumer Affairs

What Does a Homeowners Insurance Policy Cover?

Your home insurance is designed to cover the costs associated with many of the risks you face as a property owner in Nebraska. With a comprehensive policy, you can rest assured that your insurance can prevent you from facing a large financial loss due to a variety of hazards ranging from storms to vandalism.  

  1. Covers against weather damage: From heavy winds to hailstorms, severe weather events can cause extensive damage to your house. Your policy can cover the cost to repair, rebuild, or replace your property if it is damaged by weather.
  2. Covers against accidental damage: Accidents happen. Maybe a kitchen fire got out of control, or perhaps your water pipes froze and burst while you were visiting family over the holidays. Your home insurance can cover your losses.
  3. Covers against property crimes: Although the burglary rate in Nebraska is lower than the national average, your home and property may be vulnerable to theft. Homeowners insurance can cover the cost to replace stolen or damaged items.
  4. Coverage against liability lawsuits: Homeowners insurance includes personal liability coverage to protect you from instances such as: if a guest is severely injured on your property, your dog bites a neighbor, or you are sued for libel or slander.
  5. Covers temporary living expenses if your house is uninhabitable: Severe damage, such as may be caused by a fire or a tornado, can make your home unlivable. Your insurance can cover the cost of a hotel and miscellaneous expenses.

Flood damage is not covered by homeowners insurance. If you live in a flood zone or are at risk for flash flooding, be sure to ask your insurance agent about supplementing your home coverage with a flood insurance policy through the National Flood Insurance Program (NFIP).

Top Insurance Companies that Support Independent Agents in Nebraska

There are currently 294 independent insurance agents in Nebraska who are ready to help. Independent agents are free to work with several different insurance companies, so they can provide you with a variety of customized home insurance quotes that you can review and compare. Let a local independent agent help you find the coverage you need at a price you can afford.

Why go Independent

Why Go Independent when looking for Homeowners Insurance?

  • Agents Find the Best Insurance
  • Insurance You Can Understand
  • Multiple Quotes