Home Insurance in Loomis, Nebraska
With a median home value of $144,600, Loomis is 26% lower than the Phelps County median.
The typical home in Loomis was built around 1967. About 45% of homes were built before 1960, about 4 points above Phelps County's 41%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Loomis breaks down to 95% single-family homes.
In Loomis, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Loomis has an owner-occupancy rate of 79% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
60% of homes in Loomis 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.
The statewide average premium for a standard HO-3 homeowners policy in Nebraska is $2,142 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $144,600 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 57% |
| 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)