Home Insurance in Lincoln, Nebraska
With a median home value of $264,000, Lincoln is close to the Lancaster County median.
The typical home in Lincoln was built around 1982. About 25% of homes were built before 1960, in line with Lancaster County (24%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Lincoln is 64% single-family homes, 29% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
64% of owner-occupied homes in Lincoln carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 56% of occupied homes in Lincoln are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Lincoln - 64% - are primarily heated with natural gas.
Lancaster County had 1,051 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Very High). See the full Lancaster 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 | $264,000 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Lancaster County | 1,051 |
| 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)