Home Insurance in Richardson County, Nebraska
With a median home value of $100,300, Richardson County is 58% lower than the Nebraska median.
The typical home in Richardson County was built around 1950. About 62% of homes were built before 1960, about 30 points above Nebraska's 32%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Richardson County is 92% single-family homes, 3% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 40% of owner-occupied homes in Richardson County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 77% of occupied homes in Richardson County are owner-occupied. The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 41% of homes in Richardson County are primarily heated with natural gas.
FEMA's National Risk Index lists wildfire (Relatively Low), hail (Relatively Low) and tornado (Relatively Low) as the leading hazards for Richardson County.
As of September 2026, Richardson County has 17 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $100,300 |
|---|---|
| Median year built | 1950 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively Low), Hail (Relatively Low), Tornado (Relatively Low) |
| Active NFIP flood policies (county) | 17 |
| Home insurance premium | $2,142 - statewide average (NAIC, 2023 data) |
Towns and cities
Smaller communities
-
Stella
- Median home value: $62,500
- Median year built: 1939 or earlier
- Owner-occupied share: 78%
-
Verdon
- Median home value: $55,000
- Median year built: 1939 or earlier
- Owner-occupied share: 96%
Sources
- 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)