Lincoln ,NE Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Lincoln, NE homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Lincoln, NE is $2735. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Lincoln, NE. VHome Insurance will help you navigate the world of homeowners insurance coverages in Lincoln, NE.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $11,094 |
| $200,000 | $1,860 |
| $300,000 | $2,297 |
| $400,000 | $3,501 |
| $500,000 | $4,403 |
Home insurance costs in Lincoln can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 068503 | $3,466 |
| 68508 | $3,379 |
| 68517 | $3,926 |
| 68532 | $4,002 |
| 68523 | $4,043 |
| 68526 | $3,953 |
| 68520 | $4,006 |
| 68527 | $4,069 |
| 68512 | $3,722 |
| 68516 | $3,771 |
| 68506 | $3,615 |
| 68522 | $3,571 |
| 68510 | $3,577 |
| 68521 | $3,592 |
| 68528 | $3,579 |
| 68505 | $3,574 |
| 68502 | $3,565 |
| 68524 | $3,562 |
| 68507 | $3,549 |
| 68504 | $3,497 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Lincoln, NE, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,804 |
| $1000 Deductible | $2,508 |
| $1500 Deductible | $2,366 |
| $2500 Deductible | $2,133 |
| $5000 Deductible | $1,805 |
| Home Insurance Company Near Lincoln, NE | Homeowners Insurance Agency Near Lincoln, NE | Address |
|---|---|---|
| NA | Easter & Associates, Inc. | 810 Central Ave Nebraska City, Nebraska City, NE, 68410 |
| Travelers | All American -Bellevue | 2221 MADISON STREET, BELLEVUE, NE, 68005 |
| Allstate | Jones Ins Agency | 601 N 6th St, Beatrice, NE, 68310 |
| Travelers | Penner Insurance Agency | 2205 N. 6Th Street, Beatrice, NE, 68310 |
| Travelers | Rensing Insurance | 11904 Arbor St Ste 203, Omaha, NE, 68144 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lancaster County, Nebraska | $121 | $161 | $242 |
| Lancaster precinct, Lancaster County, Nebraska | $137 | $182 | $273 |
| Yankee Hill precinct, Lancaster County, Nebraska | $133 | $177 | $265 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Lincoln, NE | 6.1% | 17.4% |
| Lancaster County | 5.95% | 17.02% |
| Lancaster | 3.87% | 13.89% |
| Yankee Hill | 4.9% | 14.72% |
| Lincoln Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 556 | 1.0% | $335 |
| $200 to $299 | 1,021 | 2.0% | $785 |
| $300 to $499 | 7,263 | 17.0% | $1235 |
| $500 to $749 | 15,624 | 36.0% | $1910 |
| $750 to $999 | 10,634 | 25.0% | $2660 |
| $1,000 to $1,499 | 5,905 | 13.0% | $3785 |
| $1,500 or more | 1,328 | 3.0% | $5435 |
| Streets in Lincoln Area | Homeowners Insurance Cost |
|---|---|
| W Park Ave, Shady Creek Ct, Leisure Pl, Dale Dr, Turnberry Cir, NW Palm Ct, Colonial Dr, N 100th Cir, S 91st St, Topaz Ct | $1,139 |
| Woodlawn Rd, W Greenfield St, W Furrer Ave, Helen Witt Dr, Saint Paul Ave, N Mockingbird Ln, Meadow Lark Cir, W Elba St, Windmill Dr, N Harrison St | $1,025 |
| N 139th St, Spring Meadow Ct, Fiene Blvd, Casey Ln, Mahoney Dr, N 24th St, Wittstruck Rd, Allen St, Little Creek Pl, N 90th St | $991 |
| N 100th St, Normal Blvd, Ryley Ln, Fall Creek Rd, Turner St, NW 126th St, W Claire Ave, Heide Ln, S 85th Pl, Cross Creek Rd | $1,014 |
| Regina Ct, NW Dahlia Dr, SW 56th St, Whittier St, S 63rd St, S 61st St, Fran Ave, W Cleveland Ave, S Cotner Blvd, Pear St | $1,030 |
| Lowell Ave, W Benton St, Trenridge Rd, Blackberry Cir, Prairie Rim Rd, SW 40th St, Colfax St, 140th, Woodleigh Ln, State Spur 55E | $992 |
| E 7th St, Blue Heron Dr, Burton St, NW 2nd St, Goldenrod Ln, W Switchgrass Rd, S Knights Ln, Browning Ct, Brittany Pl, Stephanie Ln | $989 |
| Fairfield St, Bolton Rd, Co Rd 140, Blackbird Ln, Neerpark Dr, Wendover Ave, N 58th Ct, Shenandoah Ct, Elm St, W South St | $934 |
| Fawn Ct, Waterfront Pl, Manatt St, Oakwood Rd, Forbes Ct, Culwells Rd, N 131st St, Firth Rd, Sandalwood Dr, S 7th St | $1,041 |
| N 37th St, Willow St, Jacquelyn Cir, Pella Rd, SW 37th St, SW 10th Cir, Cherry Hill Blvd, Union Hill Cir, W Condor Ln, Co Rd 2500 | $1,022 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Lincoln | $144 to $147 |
| Lancaster County | $145 |
| Lancaster | $163 |
| Yankee Hill | $159 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $2,200 |
| Yearly Lincoln Homeowner Insurance Premium Example | $600 | $400 |
| Out of Pocket Expense During Claim | $1,200 | $2,200 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $6,000 | $5,400 |
| Net Savings to Lincoln Home Owner from High Deductible Plan | $600 | |
| Scenario | Lincoln, NE Home Replacement Value MORE than Home Value | Lincoln, NE Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $152,000 | $93,000 |
| Insurance Premium based on Replacement Value | $675 | $425 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $38,000 | Risk Exposure from Under Insuring Coverage is $21,000 |
| Premium Impact | Insurance cheaper by $75/year | Insurance costlier by $175/year |
| Insurance Company | Liberty Mutual | Allstate | Amica Mutual Insurance Company |
| Monthly Premium | 176 | 30 | 58 |
| Year Built | 1979 | 1993 | 1964 |
| Home Details | 5 Beds, 4 Baths | 3 Beds, 2 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $350000-$400000 | $100000-$125000 | $250000-$300000 |
| Deductible | $500- $1000 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |