Best & Cheapest Homeowners Insurance in Omaha, NE For June, 2024

Nationwide offers the cheapest home insurance for Omaha homeowners, with an average yearly cost of $2,684.

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Updated: 05 May 2024
Written by
Bob Phillips
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After conducting a thorough examination of home insurance providers in Omaha, Nebraska, we found that Nationwide stands out as the most budget-friendly choice, with an average annual premium of $2,684. 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 $4,865. Conversely, for owners of recently constructed homes, Allstate emerges once again as the most cost-effective option, charging $2,265 per year.

Moreover, if you possess valuable personal property requiring protection, Nationwide remains the recommended choice, offering comprehensive coverage at a reasonable rate of $2,918 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, Nationwide offers the most affordable homeowners insurance rate, priced at $2,684 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 $2,980
Omaha $3,340

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

Cheapest Homeowners Insurance, Omaha, 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.

66

Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

40+

Research Hours

Cheapest homeowners insurance in Omaha, NE

Nationwide stands out as the premier option for affordable homeowners insurance in Omaha, Nebraska, offering an average annual rate of $2,684.

Company Annual Premium
Nationwide $2,684
Allstate $3,170
Travelers $3,238
State Farm $3,357
American Family $3,409

Your insurance premium is influenced by several factors, including your location, the value of your home, and your claims history. Nationwide 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 $4,865.

Insurance Company Average Annual Premium
Allstate $4,865
Nationwide $4,978
State Farm $7,630
MetLife $11,514
Farmers $12,415

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 $2,265.

Insurance Company Average Annual Premium
Allstate $2,265
Travelers $2,293
State Farm $2,421
American Family $2,438
MetLife $3,482

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

If you own a significant amount of personal property, Nationwide offers the most affordable rates, averaging $2,918 per year.

Insurance Company Average Annual Premium
Nationwide $2,918
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 $2,590
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 $3,067
68138 $2,904
68198 $3,697
68136 $2,931
68178 $3,578

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
68138 $2,904
68135 $3,067
68136 $2,931

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
68198 $3,697
68182 $3,726
68178 $3,578

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 $3,115
$1,000 $2,894
$1,500 $2,799
$2,000 $2,601
$5,000 $2,230

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 $2,315
$250,000 $2,890
$300,000 $3,420
$400,000 $4,255

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 $2,590
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?

Nationwide offers the most affordable homeowners insurance in Omaha, Nebraska, with an annual premium of $2,684.

What is the average cost of home insurance in Omaha, NE?

On average, homeowners insurance in Omaha, Nebraska, costs around $3,340 per year.

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