Home Insurance in Bassett, Nebraska
The median home value in Bassett is $86,800, 26% lower than the Rock County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Bassett was built around 1959. About 52% of homes were built before 1960, about 11 points above Rock County's 41%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Bassett is 87% single-family homes, 3% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
28% of owner-occupied homes in Bassett carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Bassett has an owner-occupancy rate of 66% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
47% of homes in Bassett are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Rock County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Rock County had 1 active NFIP flood policy as of September 2026. See the full Rock 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 | $86,800 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Rock County | 1 |
| 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)