Home Insurance in Palisade, Nebraska
With a median home value of $81,300, Palisade is 16% lower than the Hitchcock County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Palisade was built in 1939 or earlier. About 72% of homes were built before 1960, about 13 points above Hitchcock County's 59%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Palisade is 94% single-family homes and 4% mobile or manufactured homes.
About 49% of owner-occupied homes in Palisade have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 91% of occupied homes in Palisade are owner-occupied.
61% of homes in Palisade are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Hitchcock County's top FEMA-rated hazard is hail (Relatively Low), per FEMA's National Risk Index. Hitchcock County had 1 active NFIP flood policy as of September 2026. See the full Hitchcock County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Nebraska, the statewide average premium for a standard HO-3 homeowners policy is $2,142 per year (NAIC, 2023 data).
Key figures
| Median home value | $81,300 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 91% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Hitchcock County | 1 |
| 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)