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Best Home Insurance Companies in Nebraska (2021)

From summer tornadoes to damaging winter snowstorms, Nebraska homeowners can face a variety of weather perils throughout the year. Fortunately, a home insurance policy can protect your home against damages from these covered events. Keep reading to learn about the top home insurance companies in the state.

Large suburban home with white paint, stone detailing, large green yard, and flowerbeds. Adobe

Whether you live in Omaha or near the Oglala National Grassland, your home is likely your biggest investment, and purchasing home insurance can provide peace of mind and protect your home after an unexpected disaster damages your property or belongings.

The This Old House Reviews team spent hours researching providers, compiling a list of the best home insurance companies in Nebraska and comparing them on key factors such as policy coverage, customer service, and company reputation. We also gathered cost information and included sample quotes for homes in three different cities in the state to give you an idea of what your quoted premiums might look like.

We ultimately recommend calling 855-948-5219 or using the online tool below to get the most accurate pricing and compare rates based on your information and property details.

Nebraska’s Top 3 Home Insurance Companies

  1. Best Overall: Allstate
  2. Most Customizable Coverage: Farmers
  3. Most Experience: Travelers
To get a free Travelers home insurance quote call: 844-204-3517

1. Best Overall: Allstate

With a score of 98.1 out of 100, Allstate is our top recommendation for its overall impressive policy coverage, customer service, reputation, and unique benefits that set the company apart from the competition. From an easy quote process that includes a home value estimation tool and a network of more than 13,000 insurance agents available 24/7 to an extensive list of add-ons and a handful of discount opportunities, this provider checks all the boxes.

Get a free home insurance quote from Allstate by filling out this quick form on the company’s website.

Allstate also provides the following benefits:

  • Includes family members in liability coverage
  • Offers a comprehensive water backup additional coverage option with customizable limits of $5,000, $10,000, or $25,000
  • Features the Claim RateGuard benefit, which prevents your premium from increasing after filing a claim

Allstate Sample Pricing

City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
House square footage 1,500 2,000 2,100
Year built 1986 1999 1993
Dwelling limit $200,000 $275,000 $325,000
Personal property coverage 60% of dwelling 75% of dwelling 60% of dwelling
Liability coverage $100,000 $300,000 $100,000
All-peril deductible $2,500 $2,500 $2,500
Wind/hail deductible $2,500 $2,500 $2,500
Monthly premium $154.00 $213.00 $438.00

2. Most Customizable Coverage: Farmers

In addition to receiving a high score of 94.4 out of 100 in our review, Farmers adds value to the home insurance market by providing the most customizable policies. Customizing your coverage helps you control your premium amounts and ensures you get the exact coverage you need.

For example, Farmers is one of the only companies that gives you the option to insure the dwelling of your home for under 100% of its value in addition to offering personal property and other structures coverage options up to 200% of your dwelling limit.

Customize your home insurance policy by entering your property details into Farmer’s online quote tool.

Farmers also stands out for the following reasons:

  • Includes claim forgiveness with each policy, which prevents your premium from increasing after being claims-free with Farmers for five years
  • Has an add-on for coverage matching, which replaces undamaged property with the same materials used to replace damaged property during a claim
  • Covers off-premises belongings up to 5%, 10%, or 15% of the policy’s personal property limit

Farmers Sample Pricing

City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
House square footage 1,500 2,000 2,100
Year built 1986 1999 1993
Dwelling limit $200,000 $275,000 $325,000
Personal property coverage 75% of dwelling 75% of dwelling 75% of dwelling
Liability coverage $100,000 $300,000 $100,000
All-peril deductible $1,500 $1,500 $1,500
Wind/hail deductible $2,500 $2,500 $2,500
Monthly premium $174.53 $243.42 $220.14

3. Most Experience: Travelers

Scoring a 93.6 out of 100, Travelers is the most experienced home insurance company compared to the other providers in this review and has more than 160 years of industry experience. Travelers also offers nine deductibles, ranging from $1,000 to $50,000, to help policyholders customize their premiums.

To get a free Travelers home insurance quote call: 844-204-3517

The company also features a Decreasing Deductible benefit, which credits your account with $100 towards your deductible for each year that you don’t file a claim. Since there’s no maximum to this benefit, you could potentially pay $0 out of pocket when you need to file a claim.

Get a free quote from Travelers by filling out this simple form on the company’s website.

We were also impressed with Travelers for the following reasons:

  • Offers a unique add-on for equipment breakdown coverage, which pays to replace systems or appliances after an unexpected mechanical or electrical failure
  • Doesn’t include a separate deductible for wind or hail damage, which will save you money during a claim from one of those perils
  • Provides medical payments to others coverage options up to $10,000, which is $5,000 more than most competitors

Travelers Sample Pricing

City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
City (ZIP code) Omaha (68147) Lincoln (68524) Grand Island (68803)
House square footage 1,500 2,000 2,100
Year built 1986 1999 1993
Dwelling limit $200,000 $275,000 $300,000
Personal property coverage 75% of dwelling 75% of dwelling 75% of dwelling
Liability coverage $100,000 $300,000 $100,000
All-peril deductible $2,500 $2,500 $2,500
Wind/hail deductible N/A N/A N/A
Monthly premium $186.34 $294.38 $312.04

Our Conclusion

Since home insurance rates are based on a variety of factors, including your credit score, claims history, and age, as well as your property’s ZIP code, size, and construction type, we recommend getting quotes from at least three providers to compare rates before purchasing a policy.

Consider Allstate for the best overall coverage and endorsement options, Farmers for the most customized policy, and Travelers for a trustworthy and experienced provider with flexible deductibles.

Call 855-948-5219 or use the free quote tool below to find other home insurance providers in your ZIP code:

Compare Homeowners Insurance Companies in Nebraska

Provider Allstate Farmers Travelers
Provider Allstate Farmers Travelers
Get a free quote Allstate.com Farmers.com Travelers.com
Our score 98.1 94.4 93.6
Personal property coverage limits 60% or 75% of dwelling 40%–200% of dwelling 25%–100% of dwelling
Liability coverage limits $100,000, $200,000, $300,000, $500,000 $100,000, $300,000, $500,000, $1 million, $2 million $100,000, $300,000, $500,000
Sample premium* $154.00 $174.53 $186.34
Discounts available 6 4 5
Unique add-ons Roof surfaces extended coverage, water backup protection, green improvements Building ordinance coverage, marring to metal materials coverage, replacement cost coverage Equipment breakdown coverage, Decreasing Deductible benefit
Customer service 24/7 24/7 for claims, limited hours for customer service 24/7 for claims
BBB rating** A+ A- A+

*Based on sample quotes we received on a 1,500-square-foot single-family house in Omaha, Nebraska

**Figures pulled from the companies’ Better Business Bureau (BBB) profiles as of May 24, 2021

Nebraska Homeowners Insurance Coverage

Here are six common coverage types found in a Nebraska homeowners insurance policy:

  • Dwelling coverage—This coverage pays to rebuild, repair, or replace your house after a covered peril, such as a fire or thunderstorm. Dwelling coverage is usually equal to 100% or more of your home’s overall estimated value, which can be determined by an appraiser or through a home value estimation tool on a home insurance company’s website.
  • Other structures coverage—This coverage protects buildings or structures that aren’t considered part of your house, such as fences, detached garages, or storage sheds. The amount for this coverage type usually falls around 10% of your dwelling limit.
  • Personal property coverage—No matter where you live in Nebraska, your personal belongings are always at risk of being damaged, stolen, lost, ruined, or vandalized. Luckily, your home insurance provider will reimburse you for their replacement cost or depreciated value. You can typically customize your limit for this category, but most policies start at around 60%–75% of the dwelling limit.
  • Loss of use coverage—After a severe peril impacts your home, you’ll likely need to temporarily relocate from your house while it’s being rebuilt or repaired. Loss of use coverage is also considered temporary living expenses coverage, since it pays for any added costs you accrue during this time, such as hotel fees or extra gas from your new commute.
  • Personal liability coverage—If you’re responsible for an accident or injury on your property, home insurance covers this scenario by paying for any related medical bills or legal fees up to your chosen amount, which is usually between $100,000 and $300,000. Consider purchasing more liability coverage if you anticipate having guests over frequently to ensure full coverage.
  • Medical payments to others coverage—Similar to liability coverage, this coverage pays for medical bills for a visitor who gets injured on your property when you’re not responsible for the incident. This coverage limit is usually lower than the other categories at around $1,000–$5,000.

Factors To Consider Before Buying Homeowners Insurance

Here are some factors to consider when shopping for your homeowners insurance policy:

  • Home value—Understanding your home’s value is one of the most important steps of purchasing a home insurance policy, since it determines how much dwelling coverage you need. If you purchase less dwelling coverage than what your property is worth, you could be undercovered during a claim, resulting in excessive out-of-pocket expenses. Each of the providers in this review has useful estimation tools on their websites to help you determine the value of your home, but we recommend speaking to a professional appraiser to get the most accurate estimate.
  • Endorsements—Also known as add-ons, floaters, or riders, endorsements are additional coverage options that allow you to customize your policy. For instance, you could purchase extra coverage with Allstate to help pay for energy-efficient upgrades to your systems, or you can add equipment breakdown coverage to your Travelers policy to pay for repairs or replacements to your systems due to an unexpected mechanical or electrical failure.
  • Discounts—If you have a home security system, fire alarm, or another protective device installed in your home, you could qualify for savings from each of these providers. Additionally, since each provider also sells auto insurance, you could receive lower premiums for bundling with a car insurance policy.

Our Methodology

The This Old House Reviews team values accuracy, transparency, and trust. With that in mind, we created a thorough, objective rating system to score each home insurance company based on the following six factors:

  • Coverage (30)
  • State availability (7.5)
  • Customer service (15)
  • Technology (12.5)
  • Reputation (20)
  • Additional benefits (15)

Our Reviews team has a full-time researcher who collects and regularly updates data points from every company to help us compare them on key factors such as coverage, service, and dependability. Read more on our methodology here.

FAQs About Homeowners Insurance in Nebraska

How much does home insurance in Nebraska cost?

According to the Insurance Information Institute (III), the average cost of homeowners insurance in Nebraska in 2018 was $1,569 per year or $130.75 per month, which is significantly higher compared to the national average of $1,249 per year or $104.08 per month.

Based on the sample quotes we received in various cities across Nebraska, you can expect monthly home insurance costs to be around $150–$300 depending on your personal information in addition to your house’s location, building type, age, size, and other factors.

What are common natural disasters in Nebraska?

The most common natural disasters in Nebraska include tornadoes, floods, blizzards, and snowstorms.

Does homeowners insurance cover floods?

Although home insurance is built to protect your home from damaging perils, floods are not included in policies from any provider. Because of this, the National Flood Insurance Program (NFIP) sells separate flood insurance policies in many participating areas around the country.

Flood insurance is sold either directly through the program or by other businesses through its underwriting program. When getting a homeowners insurance quote, check with an insurance agent to see if NFIP flood insurance policies are available in your ZIP code.

Is home insurance required in Nebraska?

Although home insurance can save you thousands of dollars and keep your home safe, it’s not legally mandatory for homeowners in any state. However, many mortgage lenders require borrowers to purchase a policy with a certain amount of coverage to ensure the property will be protected after an unexpected event that damages or destroys it.

To share feedback or ask a question about this article, send a note to our Reviews team at reviews@thisoldhousereviews.com.