Best and Cheapest Renters Insurance in Nebraska for 2024

Sometimes renters are required by their landlord to buy renters insurance in Nebraska. But even if you aren’t required, it’s still a helpful and important coverage to have. It’s important to know that your landlord’s insurance covers the building you’re renting while renters insurance covers your personal belongings and provides liability protection. A common misunderstanding is that renters don’t need renters insurance because their landlord has insurance, but both policies have different and important purposes.

So if you want to ensure you’re properly covered while renting, it’s important to find one of the best Nebraska renters insurance companies. But where do you start? In the table above, you can sort through all the renters insurance companies ranked on Clearsurance. The rating next to each company — the insurer’s Clearsurance score — is based exclusively on the thousands of ratings provided by customers. Note: Only those companies with at least 25 renters insurance reviews are eligible to appear in the best Nebraska renters insurance rankings.

Interested in learning more about one of the companies on the list of the best renters insurance companies in Nebraska? You can visit the company’s profile page to find more information about the company and read reviews to learn from the experiences of other policyholders.

On this page:

• Nebraska renters insurance rates
• Average cost of renting in Omaha
• Renters insurance for Nebraska college students
• Nebraska property crime statistics

What are your coverage options on a renters insurance policy?

Just like any other policy, you can usually customize your renters insurance coverage to get exactly what you need. A basic policy contains some form of the following types of coverage:

• Personal property coverage – This type of coverage pays the replacement cost for the personal items you keep in your apartment should they be damaged or destroyed. The policy will usually have a list of covered losses or perils, so make sure to look this over closely.

• Liability coverage – Liability insurance pays for medical expenses if someone is injured in your apartment.

• Loss of use coverage – Loss of use pays for your hotel and food expenditures when you are unable to stay in your apartment because of damages. This may also be called additional living expense coverage or temporary living expenses coverage.

Beyond these basic coverage options, you may also be able to purchase extra protection like identity theft protection, guest medical payments coverage, and other optional coverages.

People who keep expensive items in their rental unit, like musical instruments, jewelry, or sports equipment, may wish to increase their coverage limits for additional protection.

Who offers the best Nebraska renters insurance rates?

Out of some of the most popular Nebraska renters insurance companies, Farm Bureau offers the cheapest Nebraska renters insurance rates, on average.

While Nebraska renters insurance rates depend on factors specific to you and your apartment, insurance rates also depend on the company you choose. Some companies may offer renters insurance in Nebraska for a cheaper rate than others. In the table below, you can see average Nebraska renters insurance rates from some of the largest companies in the state.

These average renters insurance rates are based on a policy with $30,000 in personal property coverage (with a $500 deductible), $100,000 in personal liability and $1,000 in medical payments to others. The rates displayed should only be used for comparative purposes as individual rates in Nebraska will differ. Rate data is provided by Quadrant Information Services.

How much does rent cost in Omaha?

Average rent of an apartment in Omaha, Nebraska, costs $883 per month in Omaha, though the average monthly cost to rent an apartment in the city varies based on location.

One of the pricer neighborhoods is Gifford Park with an average monthly rate of $1,082, but the average monthly rate in Bedford Place is $645.

The size of the apartment also affects the cost. On average, studio apartments cost of $646 per month while one-bedroom apartments cost $787 and three-bedroom apartments cost $1,161 per month. While renting in Omaha, you should consider purchasing a renters insurance policy to protect your personal belongings from perils such as theft or fire.

Do Nebraska college students need renters insurance?

If you’re attending a college or university in Nebraska, you may end up living in an on-campus dorm or renting an off-campus apartment. There are a few things for college students renting housing in Nebraska to consider in order to protect their personal belongings.

Typically, college students who live in dorms located on the college campus are covered by their parents homeowners insurance policy. That’s usually only the case for students who live on campus, though. Nebraska college students who rent apartments off campus should consider a renters insurance policy because their items won’t be covered under their parents’ policy, and without a renters insurance policy, they won’t have any protection.

College students will most likely have roommates in the apartment they rent. It’s not advised that students share renters insurance policies with roommates. Rather, each student should have their own renters insurance policy to protect their own belongings.

What are Nebraska's property crime statistics?

Theft and vandalism or malicious mischief are among the 16 perils a standard renters insurance policy protects you from. So, how does crime in Nebraska compare to other states around the country? The FBI published the following statistics on crime in Nebraska for 2016:

• Property crime - 43,163
• Burglary - 6,444
• Larceny theft - 31,994

When compared to the national average rate per 100,000 inhabitants, all three crime statistics for Nebraska rank below the national average.

How can you save money on your renters insurance in Nebraska?

While the cost of renters insurance may be more affordable than other types of insurance, no one wants to pay more than they have to. So what are the different ways you can lower your Nebraska renters insurance premium and have some extra spending money?

Here are the top 5 ways to save on your renters insurance:

• Raise your deductible
• Ask about potential renters insurance discounts
• Bundle your policies
• Determine the value of your personal property
• Pay in full by check

If you bundle your auto policy with a homeowners or renters insurance policy with the same insurance company, you will usually receive a multi-policy discount (this might also be available for bundling with other insurance products, such as a life insurance policy or boat insurance policy). Some insurance carriers also reduce your monthly premium for safety devices in your apartment, such as a smoke detector, protective devices like burglar alarms, or for setting up automatic payments.

A wide range of discount options may be available, so make sure to ask renters insurance providers about your options when you're shopping around for quotes. If you're looking for the most affordable rate, get an online quote for a renters policy from at least three companies before making a decision.

How does Clearsurance rate and rank the best renters insurance companies in Nebraska?

Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:

• Price
• Customer Service
• Claim service
• Likelihood to renew

The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better.

The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings.

Do you need a renters insurance guide?

As we mentioned above, there’s common misconceptions regarding what is and isn’t covered by a renters insurance policy. Before you purchase a policy from one of these best renters insurance companies in Nebraska, it’s important to understand what your policy covers. For example, did you know that many renters insurance policies include liability protection in the event a non-resident is injured on the property. Plus, if your apartment becomes uninhabitable from an incident, some policies may cover your expenses as you find temporary housing.

We want to make sure you’re equipped with a proper knowledge of renters insurance, so check out our renters insurance guide. Looking for more educational information about renters insurance? Check out our renters insurance blog for more information and topics related to renters insurance.