Home Insurance in Callaway, Nebraska
With a median home value of $149,100, Callaway is 6% lower than the Custer County median.
The typical home in Callaway was built around 1971. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 40% of homes were built before 1960, about 12 points below Custer County's 52%.
In Callaway, the housing stock is 93% single-family homes, 4% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Callaway, about 45% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Callaway has an owner-occupancy rate of 66% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Most homes in Callaway - 60% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Custer County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Custer County had 42 active NFIP flood policies as of September 2026. 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 | $149,100 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 45% |
| 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)