Home Insurance in Fairmont, Nebraska
The median home value in Fairmont is $73,600, 51% lower than the Fillmore County median.
The typical home in Fairmont was built around 1946. About 56% of homes were built before 1960, about 5 points above Fillmore County's 51%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Fairmont breaks down to 87% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 40% of owner-occupied homes in Fairmont have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Fairmont has an owner-occupancy rate of 84% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in Fairmont - 62% - are primarily heated with natural gas. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Fillmore County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Fillmore County had 5 active NFIP flood policies as of September 2026. See the full Fillmore County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Nebraska is $2,142 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $73,600 |
|---|---|
| Median year built | 1946 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Fillmore County | 5 |
| 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)