Lincoln Homeowners Insurance

The Zebra
Aug. 26, 2019

Find affordable home insurance in Lincoln


Home insurance is a hugely important part of owning a home. Along with personal property, homeowners insurance covers your dwelling against many different perils, including fire, wind damage, vandalism, and theft. With the relative frequency of such events -- along with the high cost of rebuilding or repairing damages to a home -- getting homeowners coverage is a wise investment.

The cost of home insurance coverage depends on myriad factors, including the value of the dwelling, the value of your personal items, and the materials used to construct the home. Location also plays a role in determining the price of your homeowners insurance policy. In areas prone to perils likefrozen pipes, hail, windstorms, or wildfires, home insurance policies may be more expensive to account for the extra risk. Find out more about the specifics of home insurance coverage.

Finding the cheapest home insurance in Lincoln starts with shopping around and comparing policies. Take a look at the summary below showing average homeowners insurance rates in Lincoln to begin your home insurance search with as much info as possible. Remember: your homeowners insurance rates may vary based on your coverage limits and other factors.


Lincoln, Nebraska, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Home insurance in Lincoln by insurance company

What you pay for homeowners insurance in Lincoln will depend on the insurance company you get your policy through. The most affordable home insurance in Lincoln is Metropolitan offering average annual rates at just $78,752 per year. This is considerably cheaper than the city’s average homeowners premium of $2,561.

Begin your search for a home insurance policy by reviewing the cheapest companies in Lincoln, Nebraska, listed below.


AFFORDABLE HOME INSURANCE COMPANIES IN LINCOLN
CompanyAverage Annual Rate
Metropolitan$78,752
State Farm$106,244
Iowa Farm Bureau$116,809
American Family$118,995
Allstate$197,480

Average home insurance costs in Lincoln by coverage level

The amount of homeowners coverage you select has an impact on your insurance premiums. In Lincoln, carrying $200K dwelling coverage costs an average of $1,855, while carrying additional coverage up to $400K costs $3,211 per year.


HOMEOWNERS INSURANCE RATES IN LINCOLN — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$1,855
$400K Dwelling$3,211

Speak with a homeowners insurance expert

Lincoln home insurance rates by ZIP code

Home insurance costs can vary depending on what part of Lincoln in which you live. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.

If you're looking for the cheapest homeowners insurance premiums in Lincoln, take at look at the 68506 ZIP code. In the 68506 area, homeowners coverage usually costs just $2,462 a year — a full $99 less than the Lincoln average. Find the best places to live in Lincoln for cheap home insurance by looking at the table below.


AFFORDABLE ZIP CODES FOR HOMEOWNERS INSURANCE IN LINCOLN
ZIP CodeAverage Annual Home Insurance Rate
68506$2,462
68510$2,470
68526$2,485

On the other hand, some areas of Lincoln face higher homeowners insurance costs, on average. Such areas might face a higher probability of perils such as severe weather and fires. Similarly, they may also have a higher amount of crimes such as burglary or vandalism. An average annual rate of $2,667 makes 68532 the most expensive ZIP code in Lincoln for home insurance.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN LINCOLN
ZIP CodeAverage Annual Home Insurance Rate
68532$2,667
68524$2,639
68528$2,633

Looking for a money-saving tip for insurance in Lincoln? Try bundling

You might want to consider purchasing your auto and homeowners policies through the same company if you are looking to save on overall insurance costs . Bundling homeowners and auto insurance can be a good money-saving option. By bundling your policies, Lincoln homeowners could see annual savings of 6% on average.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN LINCOLN
CompanyAvg. Annual Auto Insurance Rate (Bundle)
GEICO$541
State Farm$552
North Carolina Farm Bureau$662
Erie$700
AmTrust NGH$769

A great way to save on insurance is to bundle your home and auto policies with the same insurance company. Call 855-493-9728 to speak with an insurance expert today.


Need homeowners insurance?