Best & Cheapest Homeowners Insurance in Omaha, NE For July, 2024
Farmers offers the cheapest home insurance for Omaha homeowners, with an average yearly cost of $2,372.
We’ve saved shoppers an average of $450 per year on their home insurance.
After conducting a thorough examination of home insurance providers in Omaha, Nebraska, we found that Farmers stands out as the most budget-friendly choice, with an average annual premium of $2,372. However, it’s important to note that the best insurer can vary depending on your individual circumstances and preferences.
For instance, if your credit score has been impacted negatively, Allstate remains the most economical option, with an average yearly premium of $4,256. Conversely, for owners of recently constructed homes, Allstate emerges once again as the most cost-effective option, charging $2,240 per year.
Moreover, if you possess valuable personal property requiring protection, Nationwide remains the recommended choice, offering comprehensive coverage at a reasonable rate of $2,920 per year.
Our thorough analysis at Insuranceopedia aims to assist you in finding the ideal match for your home insurance requirements. We evaluate customer ratings, examine personal experiences, and provide comparison charts to furnish you with all the necessary information for making a well-informed decision.
How much is homeowners insurance in Omaha, NE?
In Omaha, Farmers offers the most affordable homeowners insurance rate, priced at $2,372 per year.
As stated below, insurance rates in Omaha exceed both the national average and the average rates for the state of Nebraska.
| Area | Average Monthly Rate |
| National | $1,820 |
| Nebraska | $3,526 |
| Omaha | $3,476 |
Understanding that insurance rates are not standardized is crucial because they can vary significantly based on various factors.
Cheapest Homeowners Insurance in Omaha, NE 2024
Our Methodology
In our pursuit of the most economical home insurance rates in Omaha, we scrutinized data from various home insurance review platforms. These platforms gathered rates from public filings obtained through Quadrant Information Services, and we calculated an average of these rates for our analysis. However, it's crucial to understand that rates from each company can fluctuate frequently and may vary based on your specific circumstances. Furthermore, our comprehensive rating also considers my subjective evaluation. This assessment is based on my fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest homeowners insurance in Omaha, NE
Farmers stands out as the premier option for affordable homeowners insurance in Omaha, Nebraska, offering an average annual rate of $2,372.
| Company | Annual Premium |
| Farmers | $2,372 |
| Allstate | $3,160 |
| Travelers | $3,241 |
| State Farm | $3,332 |
| American Family | $3,407 |
Your insurance premium is influenced by several factors, including your location, the value of your home, and your claims history. Farmers offers a balanced combination of affordability and comprehensive coverage options, making it an attractive choice for homeowners.
Cheapest Homeowners Insurance If You Have Poor Credit
Allstate offers the most affordable option for individuals with poor credit scores, with an average annual rate of $4,256.
| Insurance Company | Average Annual Premium |
| Allstate | $4,256 |
| USAA | $4,270 |
| Farmers | $4,624 |
| State Farm | $6,320 |
| Nationwide | $6,970 |
Your credit score plays a significant role in determining your insurance rates, as insurers use it to evaluate risk. Allstate acknowledges the importance of offering equitable coverage to all individuals, regardless of their financial situations.
Cheapest Homeowners Insurance for Newly Constructed Homes
If you’ve recently bought a newly constructed home, Allstate offers the most budget-friendly option, with an average annual rate of $2,240.
| Insurance Company | Average Annual Premium |
| Allstate | $2,240 |
| Travelers | $2,273 |
| State Farm | $2,423 |
| American Family | $2,439 |
| MetLife | $3,490 |
Newly constructed homes often require unique coverage compared to older properties, and Allstate excels in providing affordable policies tailored to meet these specific needs.
Cheapest Home Insurance Rates for Lots of Personal Property
| Insurance Company | Average Annual Premium |
| Nationwide | $2,920 |
| Allstate | $3,440 |
| State Farm | $3,673 |
| Travelers | $3,699 |
| MetLife | $5,288 |
As your personal property expands, your coverage requirements may increase, potentially resulting in higher premiums. Nevertheless, Nationwide provides comprehensive coverage at fair rates, ensuring that all your belongings are adequately protected.
Best Homeowners Insurance Companies in Omaha, NE
Choosing the right homeowners insurance isn’t just about necessity; it’s a strategic decision. Omaha’s homes, rich in history, are as unique as its residents. Therefore, finding an insurance provider offering comprehensive coverage at competitive rates becomes essential.
To simplify your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Omaha, Nebraska. These companies were assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below to identify the perfect fit for your home insurance needs.
| Company | Annual Premium |
| Farmers | $2,372 |
| Nationwide | $2,684 |
| Allstate | $3,170 |
| Travelers | $3,238 |
| State Farm | $3,357 |
| American Family | $3,409 |
| MetLife | $4,875 |
Average Home Insurance Rates by Zip Codes
The price of home insurance in Omaha, NE can fluctuate significantly based on the zip code. Below are tables presenting rates for various zip codes, indicating both the cheapest and most expensive options for annual premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 68135 | $3,072 |
| 68138 | $2,905 |
| 68198 | $3,699 |
| 68136 | $2,932 |
| 68178 | $3,576 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 68138 | $2,905 |
| 68135 | $3,072 |
| 68136 | $2,932 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 68198 | $3,699 |
| 68182 | $3,726 |
| 68178 | $3,576 |
Average Home Insurance Rates in Omaha, NE by Deductible Amount
The deductible you select for your homeowners insurance policy has a significant impact on premium rates in Omaha, NE. Here’s how average home insurance rates change based on various deductible amounts:
| Deductible | Annual Rate |
| $500 | $3,116 |
| $1,000 | $2,895 |
| $1,500 | $2,801 |
| $2,000 | $2,621 |
| $5,000 | $2,236 |
Average Home Insurance Rates in Omaha, NE By Coverage Amount
The amount of dwelling coverage you choose is a crucial factor that affects your premium, as it represents the maximum sum your insurance company will pay to rebuild or repair your home in the event of damage or destruction.
Below is a comparison chart showing the average annual homeowners insurance premiums for different dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $2,317 |
| $250,000 | $2,893 |
| $300,000 | $3,421 |
| $400,000 | $4,256 |
Average Home Insurance Rates in Omaha, NE by Company
Here’s a comparison table showcasing annual premiums from some of the top providers in Omaha, NE.
| Company | Annual Premium |
| Farmers | $2,372 |
| Nationwide | $2,684 |
| Allstate | $3,170 |
| Travelers | $3,238 |
| State Farm | $3,357 |
| American Family | $3,409 |
| MetLife | $4,875 |
How Much is Homeowners Insurance for Other Cities in Nebraska?
Here’s a detailed comparison chart displaying the most budget-friendly insurance companies and their annual premiums across different cities in Nebraska.
| City | Annual Premium |
| Lincoln | $2,872 |
| Papillion | $2,960 |
| Norfolk | $3,356 |
| Columbus | $3,299 |
Getting Online Homeowners Insurance Quotes in Nebraska
Platforms like Insuranceopedia simplify the process of finding customized coverage to match your needs with just a few clicks. By providing quick online quotes from top-rated insurers, Insuranceopedia allows you to easily compare rates.
Just enter your information, and let us take care of the rest by presenting a range of options tailored to your requirements. This enables you to confidently choose a policy that offers the best value, striking the perfect balance between cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Omaha, NE?
Farmers offers the most affordable homeowners insurance in Omaha, Nebraska, with an annual premium of $2,372.
What is the average cost of home insurance in Omaha, NE?
On average, homeowners insurance in Omaha, Nebraska, costs around $3,476 per year.
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