Home Insurance in Hazard, Nebraska
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Hazard was built around 1944. About 62% of homes were built before 1960, about 13 points above Sherman County's 49%.
Housing in Hazard breaks down to 98% single-family homes and 2% mobile or manufactured homes.
In Hazard, about 75% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 85% of occupied homes in Hazard are owner-occupied.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Hazard - 70% - are primarily heated with natural gas.
What's the biggest home insurance risk near Hazard? FEMA's National Risk Index points to hail (Relatively High) in Sherman County and Sherman County had 5 active NFIP flood policies as of September 2026. See the full Sherman County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Nebraska carries a statewide average premium of $2,142 per year.
Key figures
| Median year built | 1944 |
|---|---|
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 75% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Sherman 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)