Home Insurance in Broken Bow, Nebraska
Homes in Broken Bow carry a median value of $133,200 - 16% lower than the Custer County median.
The typical home in Broken Bow was built around 1962. About 49% of homes were built before 1960, about 3 points below Custer County's 52%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Broken Bow breaks down to 79% single-family homes and 12% apartments in buildings with 5+ units.
About 52% of owner-occupied homes in Broken Bow have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 57% of occupied homes in Broken Bow are owner-occupied. The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Broken Bow, 50% of homes are primarily heated with natural gas.
Custer County had 42 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively Moderate). See the full Custer County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Nebraska carries a statewide average premium of $2,142 per year.
Key figures
| Median home value | $133,200 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Custer County | 42 |
| Home insurance premium | $2,142 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)