Columbus Homeowners Insurance

Your Complete Guide to Columbus, NE Homeowners Insurance

The small city of Columbus serves as the county seat of Nebraska’s Platte County. Residents of this agricultural city enjoy events like the Platte County Fair and thoroughbred horse racing, and they have a strong sense of community. If you are a homeowner in Columbus, it is important that you protect your investment with a comprehensive home insurance policy. When you are shopping for the best insurance coverage for your home, an independent insurance agent can help. Find an agent near you to learn more.

Cost of Homeowners Insurance in Nebraska

  • National yearly premium average: $1,173
  • Nebraska yearly premium average: $1,369
  • 11th most expensive premium in the US

While these average rates can give you a general idea of what your policy will cost, home insurance costs will vary from one homeowner to the next. This is because each insurance company determines rates individually based on several specific factors. Details such as the size and value of your home as well as the building materials used in its construction can play a role in how much you pay. Other factors can include the crime rate in your ZIP code and your home’s distance from a fire station.

Each insurer has a different method for calculating rates, so comparing quotes lets you choose the policy that provides the best value for your money. Independent insurance agents can help you find the best rate and may even be able to help you get discounts by bundling your coverage with your car insurance.

Second Home and Vacation Home Insurance

Some residents of Columbus own more than one home. Whether it is a vacation home in Florida or an investment property that you use for rental income, these additional homes need to be covered as well. Insurance companies use different methods to calculate rates for properties that do not serve as your primary residence. They will want to know if you leave the property vacant and unattended for long periods of time or if you have tenants occupying it. 

The added risks associated with second homes and vacation homes can often mean higher insurance rates. A local independent insurance agent can explain the coverage needs associated with your additional property and can help you find an affordable home or landlord insurance policy to meet those needs.

Burglary Rate in Columbus, Nebraska

Home insurance is designed to cover you against property crimes, including burglary. There are about 60 burglaries reported in Columbus every year.

  • Number of burglaries per 1,000 homes in the US: 4.69
  • Number of burglaries per 1,000 homes in Nebraska: 3.38
  • Number of burglaries per 1,000 homes in Columbus: 2.64

The burglary rate in Nebraska is lower than the national average, and in Columbus, it is even lower. This is good news for area homeowners, since it can have a positive influence on home insurance rates. In the event that you discover your house has been broken into, first ensure that you and your family are safe, and then report the crime to the local authorities. You will need a copy of the police report and a list of your lost or damaged items when you file an insurance claim.

Catastrophic Events in Nebraska

  • Number of declared disasters in Nebraska: 60
  • Avg. number of tornadoes per year in Nebraska: 54.6
  • Avg. amount of property damage per year in NE: $698,557,000
  • 1 in 15 insured homes has a claim each year.

A catastrophic weather event, like a tornado or severe storm, can cause expensive damage to area homes. Your homeowners insurance policy is designed to cover the damage associated with these events. One notable exception is flooding, which may occur if the Loup River overflows. The only way to protect your investment against this risk is to supplement your home insurance with a flood insurance policy through the National Flood Insurance Program (NFIP). An independent insurance agent can help you get this important coverage.

What Are the Risks in Columbus, NE?

As a homeowner in Columbus, you are most at risk for damage caused by severe storms. These storms can damage roofs, topple trees, and, in extreme cases like tornadoes, destroy homes. Other risks you should be aware of include accidental fires and liability lawsuits. A liability lawsuit may occur in cases such as if your dog bites your neighbor or if a visitor tumbles down some stairs you’d been meaning to repair. Fortunately, your home insurance policy does include liability insurance coverage.

Why Work with an Independent Insurance Agent?

Local independent insurance agents understand the coverage needs of residents in Columbus because they live in your community. These agents can help you compare rates on suitable insurance policies so that you can be sure that you are getting your home insurance at the best price.

Find an agent in or near Columbus to get answers to your insurance-related questions and to start comparing home insurance quotes.

Sources © 2020, Consumer Agent Portal, LLC. All rights reserved.

http://www.naic.org/prod_serv/AUT-PB-14.pdf

https://www.census.gov/quickfacts/

http://www.city-data.com

http://www.neighborhoodscout.com

© 2020, Consumer Agent Portal, LLC. All rights reserved.

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