Home Insurance in Oak, Nebraska
With a median home value of $22,300, Oak is 77% lower than the Nuckolls County median.
The typical home in Oak was built around 1980. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 47% of homes were built before 1960, about 16 points below Nuckolls County's 63%.
Housing in Oak breaks down to 100% single-family homes.
In Oak, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Oak has an owner-occupancy rate of 100% and a vacancy rate of 24%; unoccupied homes typically need a different coverage form.
Most homes in Oak - 88% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Oak? FEMA's National Risk Index points to hail (Relatively High) in Nuckolls County and Nuckolls County had 6 active NFIP flood policies as of September 2026. See the full Nuckolls 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 | $22,300 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Nuckolls County | 6 |
| 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)