Home Insurance in Waverly, Nebraska
The median home value in Waverly is $316,600, 15% higher than the Lancaster County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Waverly was built around 1996. About 10% of homes were built before 1960, about 15 points below Lancaster County's 24%.
The housing stock in Waverly is 95% single-family homes and 5% apartments in buildings with 5+ units.
About 66% of owner-occupied homes in Waverly have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 81% of occupied homes in Waverly are owner-occupied.
74% of homes in Waverly are primarily heated with natural gas.
What's the biggest home insurance risk near Waverly? FEMA's National Risk Index points to strong wind (Very High) in Lancaster County and Lancaster County had 1,051 active NFIP flood policies as of September 2026. 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 | $316,600 |
|---|---|
| Median year built | 1996 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 66% |
| 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)