Affordable Home Insurance in Nebraska
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What drives home insurance rates in Nebraska
Average homeowners premium, 2023
$2,142
The average homeowners policy in Nebraska cost $2,142 for a year of coverage in 2023, against $1,737 nationally.
Claims paid per premium dollar, 2023
56.9¢
Home insurers in Nebraska paid 56.9 cents in claims for every premium dollar in 2023; the median state was 64 cents.
Severe weather events, 2024
622
NOAA logged 115 tornado, 447 large-hail and 60 flash-flood event reports in Nebraska in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.
Natural-hazard loss rank
#34
FEMA ranks Nebraska #34 of 51 for expected annual loss from natural hazards; severe storm / hail accounts for 31% of that loss, and hail and wind damage are covered under most policies.
- Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
- Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
- Severe weather events, 2024: NOAA Storm Events Database, 2024
- Natural-hazard loss rank: FEMA National Risk Index
Largest home insurers in Nebraska
The ten insurer groups that wrote the most home premium in Nebraska in 2025, with their share of the state total of $1.6 billion.
| # | Insurer group | Market share | Premiums written |
|---|---|---|---|
| 1 | State Farm Group | 24.18% | $388 million |
| 2 | Allstate Insurance Group | 10.6% | $170 million |
| 3 | American Family Insurance Group | 9.73% | $156 million |
| 4 | Fmne Insurance Co. | 9.3% | $149 million |
| 5 | Iowa Farm Bureau Group | 8.53% | $137 million |
| 6 | United Services Automobile Association Group | 5.7% | $92 million |
| 7 | Auto Owners Group | 5.63% | $91 million |
| 8 | Nationwide Corp Group | 4.88% | $78 million |
| 9 | Travelers Group | 4.19% | $67 million |
| 10 | Farmers Insurance Group | 4.13% | $66 million |
Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.
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