Renters insurance is an affordable way for Nebraskans to protect their belongings. For just a few dollars per month, you'll be covered in case of an emergency.
Compare Renters Insurance Quotes from Providers in Nebraska
The cheapest renters insurance we found in Nebraska was just $9 per month. Read on for our top choice, plus alternate recommendations.
Best renters insurance for most people: State Farm
- The best prices we found in Nebraska
- Well-reviewed customer service
- Unimpressive coverage options
State Farm is the best renters insurance company for most people in Nebraska. It had the lowest prices we found statewide and great customer service too.
The average price we found for renters insurance from State Farm was $9 per month. That's 36% lower than the average price statewide, saving you $60 per year. It was also $2 less per month than the second-cheapest option, Nationwide.
We liked State Farm's customer service ratings too. It received a 0.38 complaint index from the National Association of Insurance Commissioners (NAIC), meaning that it received only 38% as many complaints as could be expected for an insurer of its size. That indicates customers tend to be happy with its service. It also received a perfect 5/5 from J.D. Power in its customer satisfaction survey.
The biggest disappointment regarding State Farm is that it doesn't have much in the way of coverage options. While it offers a few extras like valuable items coverage and extended liability, it lacks replacement cost — one of the most appealing coverage options to renters.
Best coverage options: Nationwide
- The most coverage options
- Below-average prices
- Not as affordable as our top pick
For renters who want to customize their insurance policy with a lot of extras, we recommend Nationwide. In addition to affordable rates, Nationwide had the most compelling range of optional protections.
The typical price for coverage at Nationwide was $11 per month. That's 25% lower than the average statewide but still $2 more expensive than our top pick.
Coverage options abound at Nationwide: In addition to typical extras like identity theft protection, it also had replacement cost coverage and water backup protection, which may be essential if you have sewer problems.
Customer service is also good at Nationwide. It received a complaint index score of 0.38 from the NAIC — the same as our top pick. That means it received only 38% as many complaints as a typical insurance company. However, it didn't fare as well on J.D. Power's insurance survey — it scored only 2/5.
Best for low coverage amounts: Farmers
- Low minimum coverage limits
- Well-rated customer service
- High prices per dollar of coverage
- Limited coverage options
For people who don't own much property and want to have very small coverage limits, we recommend Farmers. It had the lowest coverage limits available among the companies we considered: as low as $4,000.
If you don't own much stuff, lowering your limits can be a good way to reduce your monthly insurance bills. However, we don't recommend lowering your limit below the value of your property — going lower means you won't be fully protected in case the worst happens.
Unfortunately, if you're looking for a standard amount of coverage, you're likely to pay more at Farmers. While we didn't collect quotes for the lowest $4,000 coverage limit, its monthly price of $24 for $30,000 of coverage was much more expensive than competing insurers. We weren't very impressed with its coverage options, either. For renters looking for the absolute lowest rate, we recommend starting with our top two picks before checking out Farmers.
How we chose the best renters insurance companies in Nebraska
To evaluate renters insurance companies in Nebraska, we considered three main criteria: affordability, coverage options and service.
- Affordability: Does the insurer charge a fair price for its coverage?
- Coverage options: Does the insurer offer a wide range of useful coverage options?
- Customer service: Are customers generally happy with the service they receive?
Affordability: Finding cheap renters insurance in Nebraska
Choosing the right renters insurance companies can make a big difference in your wallet. While the average monthly price for renters insurance in Nebraska was $14, we found that the cheapest option, State Farm, was less than half the price of the most expensive option, Farmers.
Here is a full breakdown of the cheapest renters insurance options in Nebraska:
|Insurer||Average cost||% difference from average|
Our selected levels of coverage were:
- Personal property coverage: $30,000
- Liability coverage: $100,000
- Medical payments coverage: $1,000
- Deductible: $500
- Loss of use: $0
Coverage options: Comparing renters insurance policies and benefits
Every renter's coverage needs are different — some people might need extra liability protection, while others might need coverage for valuables. We looked for renters insurance companies that offer a wide range of coverage options that are likely to be useful for many renters.
Here are a few renters insurance coverage options to consider:
- Replacement cost coverage: Pays for the full cost to replace a destroyed or stolen item, without factoring in depreciation.
- Identity theft protection: Pays for expenses associated with having your identity stolen, such as legal fees or lost wages due to addressing the issue.
- Valuable items coverage: Covers the full cost of expensive items like jewelry or musical instruments, which may not be covered by a typical renters insurance policy.
In addition, all the companies we considered offered the following standard coverages.
- Personal property coverage: Pays to repair or replace property that is stolen, damaged or destroyed due to a covered peril.
- Additional living expenses: Pays for a hotel or other temporary living arrangement if your home is uninhabitable.
- Liability coverage: Pays for monetary damages to others that you're responsible for, like if your dog injures someone.
- Medical payments coverage: Pays for medical expenses of others due to injuries that happen on your property, regardless of who is at fault. Pays out before liability coverage.
Customer service: Evaluating insurer quality in service and claims
Dependable service from your renters insurance company is essential, particularly when filing a claim. Good service will mean you're paid promptly and fairly after you've filed a claim, and your questions will be answered throughout the process.
To evaluate renters insurance customer service, we consider three main metrics: the NAIC Complaint Index, J.D. Power's renters insurance satisfaction survey and AM Best's Financial Strength Rating (FSR).
|Insurer||NAIC Complaint Index||J.D. Power rating||AM Best FSR|
- NAIC Complaint Index: This score compares the size of an insurance company with the number of complaints it's received. A lower score means customers have filed fewer complaints and are likely to be happier with their service. The national average score is 1.00.
- J.D. Power rating: This rating is based on a national survey of renters insurance customers, asking how satisfied they are with their insurance. Ratings are out of five, and a higher score indicates better satisfaction.
- AM Best FSR: This letter grade describes the overall financial health of an insurer. Grades range from A++ to D, and a higher grade indicates that an insurer will have a better financial ability to pay claims, even during times of high claim demand or economic downturn.
Nebraska renters insurance: Costs by city
The cost of renters insurance can vary based on where you live. Residents of a city that frequently experiences tornadoes or flooding might pay more for renters insurance; residents of a city with very low crime rates might pay less.
We found a very narrow range of renters insurance costs in Nebraska. The typical monthly cost of coverage varied by only a dollar or less by city.
|City||Average||% difference from average|
|South Sioux City||$14||-1.85%|
|Offutt AFB (officially Bellevue)||$14||0.08%|
|Chalco (officially Omaha)||$15||2.02%|
To compare the cost of renters insurance in Nebraska with other states, see our full study of renters insurance costs.
To find the absolute best price possible for renters insurance, we collected renters insurance quotes from four major insurers for addresses in 25 cities across the state of Nebraska. In all cases, our sample renter lives alone and has not had any recent renters insurance claims. He's protected himself with $30,000 of personal property coverage with a $500 deductible, plus $100,000 of liability protection.