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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 groupMarket sharePremiums written
1State Farm Group24.18%$388 million
2Allstate Insurance Group10.6%$170 million
3American Family Insurance Group9.73%$156 million
4Fmne Insurance Co.9.3%$149 million
5Iowa Farm Bureau Group8.53%$137 million
6United Services Automobile Association Group5.7%$92 million
7Auto Owners Group5.63%$91 million
8Nationwide Corp Group4.88%$78 million
9Travelers Group4.19%$67 million
10Farmers Insurance Group4.13%$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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