Home Insurance in Indianola, Nebraska
With a median home value of $91,000, Indianola is 43% lower than the Red Willow County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Indianola was built around 1954. About 55% of homes were built before 1960, about 4 points above Red Willow County's 51%.
The housing stock in Indianola is 89% single-family homes and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 50% of owner-occupied homes in Indianola have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 86% of occupied homes in Indianola are owner-occupied.
In Indianola, 82% of homes are primarily heated with natural gas.
Red Willow County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Red Willow County had 14 active NFIP flood policies as of September 2026. See the full Red Willow 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 | $91,000 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Red Willow County | 14 |
| 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)