Home Insurance in Bertrand, Nebraska
The median home value in Bertrand is $145,100, 26% lower than the Phelps County median.
The typical home in Bertrand was built around 1959. About 50% of homes were built before 1960, about 10 points above Phelps County's 41%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Bertrand, the housing stock is 93% single-family homes, 3% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
50% of owner-occupied homes in Bertrand carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Bertrand has an owner-occupancy rate of 89% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Bertrand, 83% of homes are primarily heated with natural gas.
Phelps County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Phelps County had 5 active NFIP flood policies as of September 2026. See the full Phelps 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 | $145,100 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Phelps 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)