Home Insurance in Hubbell, Nebraska
Homes in Hubbell carry a median value of $41,700 - 66% lower than the Thayer County median.
The median home in Hubbell was built in 1939 or earlier. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 85% of homes were built before 1960, about 29 points above Thayer County's 56%.
Housing in Hubbell breaks down to 100% single-family homes.
About 31% of owner-occupied homes in Hubbell have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Hubbell has an owner-occupancy rate of 91% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Most homes in Hubbell - 77% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Hubbell? FEMA's National Risk Index points to hail (Relatively High) in Thayer County and Thayer County had 18 active NFIP flood policies as of September 2026. See the full Thayer 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 | $41,700 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 91% |
| Share of owner-occupied homes with a mortgage | 31% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Thayer County | 18 |
| 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)