8 Best Renters Insurance Companies in Nebraska of 2023

While having renters insurance isn’t mandated by state law in Nebraska, it is strongly recommended because of its financial protection, and many landlords do require it. Landlords often write into their rental agreement that tenants must maintain renters insurance to protect their personal property because the landlord’s property insurance doesn’t provide that protection to renters.

Fortunately, most major insurers that provide renters insurance make their policies available in larger cities in Nebraska like Omaha, Lincoln, and Bellevue and smaller cities and towns such as Grand Island, Kearney, and Fremont.

According to PropertyNest research, the average basic renters insurance cost in Nebraska is $17.92 a month.

PropertyNest has evaluated many renters insurance companies in Nebraska, and we’ve come up with what we believe are the best in some major categories, including the lowest premium, best customer service, and best discounts.

Compare Renters Insurance Rates in NE

The Best Renters Insurance Companies in Nebraska

• Allstate: Best For Senior Renters
• Liberty Mutual: Best Policy Discounts
• Toggle Renters Insurance: Best for Policy Customization
• Progressive: Best For Additional Coverage Options
• Travelers: Best For Online Experience
• State Farm: Best For Lowest Premium
• Amica Mutual: Best for Customer Service
• GEICO: Best For Availability

Allstate Renters Insurance: Best For Senior Renters

Many seniors who are renters gravitate towards Allstate because of the discount they provide for retired renters aged 55+. The discount can be up to 25%, which can be helpful for senior renters living on a fixed income.

In addition to its senior discount, Allstate offers a healthy lineup of additional coverages for renters:

• Identity theft restoration: helps cover legal fees, lost wages, and other related expenses incurred while recovering your identity.
• Scheduled personal property: covers more risks to your personal property (like accidental loss) and may increase the coverage limits on specific, high-value items like jewelry or musical instruments.
• Flood insurance: Allstate offers flood insurance, which can be important to Nebraska renters living near rivers or lakes.
• Business property coverage: For those renters operating a business out of their home, this protects items used as business samples or for sale.

Read a full Allstate renters insurance review.

Allstate Renters Insurance Discounts

Allstate has five discounts that are available with its renters insurance:

• Bundle discount: for having both renters and auto insurance with Allstate.
• Safe home discount: up to a 15% discount for having a fire alarm and security system.
• Easy pay plan: a 5% discount for setting up automatic payment of your premium.
• 55 and retired discount: up to a 25% discount for senior retirees.
• Claim-free discount: save up to 20% if you’ve never filed a renters insurance claim.

Liberty Mutual: Best Policy Discounts

Like every insurer we reviewed, Liberty Mutual offers discounts that can help you save money on your renters insurance. However, we found several of Liberty’s discounts to be unique among the renters policies we reviewed:

• Purchasing a policy online: Liberty, unlike many insurers selling renters insurance, allows you to buy a policy online. To help keep the cost of issuing your renters insurance policy lower by not using the services of an agent, Liberty will discount your rates.
• Getting a quote before your current policy expires saves Liberty Mutual money if they can underwrite your renters insurance policy before your current policy expires (if you have one). They perceive you as being a lower risk. In consideration of this, they discount your rates.

Read a full Liberty Mutual renters insurance review.

Liberty Mutual Renters Insurance Discounts

In addition to the two discounts detailed above, Liberty also offers these discounts:

• Affinity discount: You’ll pay less if your college, workplace, or professional organization participates in Liberty’s affinity discount program.
• Claims-free discount: If you haven’t filed a renters insurance claim in the last five years before signing up for coverage.
• Multi-policy discount: Bundling your renters and auto insurance saves you money with Liberty Mutual.
• Preferred payment discount: For enrolling in automatic bill payment.
• Safety devices discount: When you have deadbolts, a fire extinguisher, smoke alarm, burglar alarm, or sprinkler system.

Toggle Renters Insurance: Best for Policy Customization

Toggle is a relatively new company in the renters insurance space, having begun operations in 2018. Though that’s young in years for an insurance company, Toggle is a subsidiary of a well-known brand, Farmers, which has been around since 1928.

Toggle’s strength lies in allowing the insured to customize their renters insurance policy, or “Toggle Up,” as the company calls it. Toggle’s basic coverage provides $1,000 of coverage for your personal belongings, $100,000 of renters liability coverage, which can be paid if someone sues you for injuring them or damaging their belongings, and personal injury liability coverage, which pays for legal fees if you are sued for libel, slander, or wrongful entry.

You start to “Toggle On” when you want more than the basic level’s personal property maximum coverage of $1,000. You can raise your policy’s limits by as much as:

• Technology (phones, computers, TVs, etc.): up to $10,000
• Creative gear (musical instruments, cameras, etc.): up to $10,000
• Fashion and jewelry (jewelry, clothing, shoes, etc.): up to $10,000
• Furniture and appliances (sofas, beds, washers and dryers, etc.): up to $20,000
• Collectibles (antiques, artwork, fine wines, etc.): up to $10,000

Toggle also offers “Side Hustle” coverage to protect your equipment used in your side hustle (but not ride-share driving).

Toggle’s basic coverage also covers flood and earthquake damage in Nebraska.

Toggle Renters Insurance Discounts

Toggle offers only one discount at this time.

• Decreasing deductible: your deductible is reduced yearly for not filing a claim the previous year.

Progressive: Best For Additional Coverage Options

Progressive renters insurance not only has all of the standard coverage you’d expect in a renters policy (personal property coverage, liability insurance, medical payments coverage, additional living expense), but it also has the best additional coverage of the insurers we reviewed. These options include:

• Home computer coverage: insures your computer and other related equipment (printer, modem, etc.) from damage, except for everyday wear and tear. It also covers a personal computer used for business.
• Personal liability: protects you from liability for offenses that caused personal injuries to others, such as libel, slander, invasion of privacy, wrongful entry or eviction, and false arrest.
• HomeShield package: increases your coverage limits on certain items like collectibles (comic books, trading cards, memorabilia, etc.) from $1,000 to $2,500 for theft or loss.
• Water backup and sump discharge or overflow: covers your personal property from damage caused by the overflow from a sump pump, sewer, or drain.

Progressive renters insurance also has a standard “single deductible” feature, meaning you’ll only pay one deductible for losses to your renters or auto insurance with Progressive.

Read a full Progressive renters insurance review.

Progressive Renters Insurance Discounts

Progressive has five discounts you might qualify for:

• Secured/gated community discount: if you live in a gated community with an entrance having a 24-hour security guard or passkey access.
• Paperless discount: for receiving documents by email.
• Quote in advance discount: for getting a quote at least three days before your policy starts.
• Pay in full discount: for paying your entire premium upfront
• Bundle discount: when you have your car and renters insurance with Progressive.

Travelers: Best For Online Experience

Many Nebraska residents prefer managing their renter policy online rather than through an insurance agent. Travelers’ website makes it easy to manage your policy on their website. You can pay your premium, file and track claims, change your coverage limits, or have a live chat with a Travelers representative during business hours. You can also get quotes and learn the basics about renters insurance.

Travelers’ mobile app also comes in handy for paying your bill, setting up automatic payments, viewing policy information, and reporting and tracking claims. You can also file a claim on the website or by calling Travelers' direct claims line.

Read a full Travelers renters insurance review.

Travelers Renters Insurance Discounts

Travelers’ discounts are in-line with their competitors, including:

• Bundling: having more than one Travelers’ policy can save you 5% on your auto policy.
• Claim-free: not submitting a claim for a specified period.
• Protective devices: for having protective devices in your rental, including sprinkler systems, home security systems, or certain smart-home devices.

State Farm: Best For Lowest Premium

If you’re searching for ways to stretch your budget and want the lowest-cost renters insurance in Nebraska, State Farm will be a desirable option. We found their annual premium of $91 (based on a single person with a one-bedroom apartment) to be the lowest of the insurers we evaluated.

Even though State Farm has the lowest premium in the Cornhusker state, you won’t be skimping on quality. State Farm policies measure up in terms of coverage, including:

• Personal property: This includes damage from fire, smoke, and water damage, including that caused by appliances or plumbing; bad weather that Nebraska residents often face, like snow, ice, sleet, windstorms, and lightning; and crimes such as theft and vandalism.
• Liability: State Farm renters insurance protects you from a lawsuit filed by someone who suffered bodily injury or property damage while visiting you at your rental. This may include medical expenses and legal defense costs.
• Loss of use: If your apartment, condo, or home can’t be lived in because of a covered loss, State Farm will pay for living expenses such as lodging and other expenses associated with living elsewhere for up to two years.
• Medical payments to others: pays up to $1,000 per injury to someone injured while visiting you, regardless of who was at fault.

State Farm is a top-rated insurer, earning AM Best’s highest marks for superior financial strength and claims-paying ability.

Read a full State Farm renters insurance review.

State Farm Renters Insurance Discounts

State Farm has several discounts available to renters insurance policyholders:

• Multipolicy: you’ll save money if you bundle your renter's insurance policy with a State Farm auto insurance policy.
• Home alert protection: you can get a discount for installing a smoke detector, burglar alarm, or home security system in your rental.

Amica Mutual: Best for Customer Service

Also competitively priced for renters insurance in Nebraska, Amica’s strength is its customer service. While local agents sell Amica, you’ll primarily rely on the company when it comes to managing your account and handling claims. This is where Amica company shines.

Amica’s customer satisfaction ratings are very favorable. According to the National Association of Insurance Commissioners, the company received fewer complaints than expected for its size.

Founded in 1907, Amica also has strong financial ratings, earning a superior rating from AM Best for financial strength.

Read a full Amica Mutual renters insurance review.

Amica Renters Insurance Discounts

Amica offers renters a fair number of discounts, including:

• E-discount: a discount for signing up to receive policy information and bills electronically.
• AutoPay discount: making your payments through automatic bank draft or debit earns a discount.
• Multi-policy discount: you can save up to 15% by getting renters and auto insurance with Amica.
• Loyalty discount: for staying with Amica for more than two years.
• Claim-free discount: receive a discount for remaining claim-free for three or more years.

GEICO: Best For Availability

GEICO renters insurance is readily available in Nebraska through a vast network of brokers representing the company and other insurers. No matter where you live in Nebraska, you’ll find an agent representing GEICO.

For Nebraskans who are contemplating moving to another state, GEICO is also a good choice because the company sells renters insurance in all fifty states and Washington, D.C. This lets you take your coverage with you to another state and not have to go through the process of choosing another company, which could help you with a claim-free discount in the future.

GEICO itself does not provide you with the coverage you purchase from them. Instead, they serve as a broker with over twenty companies they partner with, including well-known companies such as Travelers and Liberty Mutual. (Note that when you buy renters insurance from GEICO, you don’t get to choose the insurer you’re matched with).

GEICO Renters Insurance Discounts

Discounts with GEICO will vary based on the insurer they match you with. However, GEICO does offer this standard discount:

• Bundle discount: you’ll receive a discount on renters insurance if you also have car insurance with GEICO.

Important Considerations When Shopping for Renters Insurance

When shopping for renters insurance in Nebraska, renters should consider several important factors to ensure they choose the right coverage for their needs. Here are some key points to keep in mind:

Coverage Options

Renters should carefully review the coverage options offered by different insurance providers. Look for policies that offer comprehensive protection for your personal belongings, liability coverage, additional living expenses in case of a temporary relocation, and medical payments coverage.

Coverage Limits

Assess the value of your possessions and select a policy with appropriate coverage limits. Ensure your policy provides sufficient coverage to replace your belongings in the event of theft, damage, or loss.

Deductibles

Consider the deductibles associated with different policies. A higher deductible can lower your premium but may result in higher out-of-pocket costs in the event of a claim. Evaluate your financial situation and choose a deductible that aligns with your budget and risk tolerance.

Liability Coverage

Liability coverage is crucial in case someone gets injured on your rented property. Ensure the policy provides adequate liability coverage to protect you from potential legal and financial liabilities.

Additional Coverage Options

Depending on your specific needs, explore additional coverage options such as water damage, identity theft, and pet liability coverage. Assess your risks and select the additional coverages that best suit your situation.

Cost and Affordability

Compare the premiums different insurance companies offer while considering the coverage and deductibles provided. Keep in mind that the cheapest option may not always provide the most comprehensive coverage, so strike a balance between cost and coverage.

Insurance Provider Reputation

Research the reputation and financial stability of insurance providers. Look for companies with a strong track record of customer service and prompt claims handling to ensure a smooth experience in case you need to file a claim.

Discounts and Bundling Options

Inquire about available discounts such as multi-policy discounts or discounts for safety features in the rented property. Additionally, consider bundling your renters insurance with other policies, such as auto insurance, to save on premiums potentially.

By considering these factors and conducting thorough research, Nebraskan renters can find the right renters insurance policy that offers adequate coverage and peace of mind. It's advisable to consult with insurance professionals and compare quotes from multiple providers to make an informed decision.

What Are the Top Risks for Nebraskan Renters?

Renters insurance is essential for Nebraskans not only to protect their belongings but also to safeguard against various environmental risks that can pose a threat to their rented homes. Here are three significant environmental risks that highlight the importance of renters insurance in Nebraska:

Severe Weather Events

Nebraska is prone to severe weather conditions, including thunderstorms, tornadoes, and hailstorms. These weather events can cause significant damage to rental properties, leading to the destruction or loss of personal belongings. Renters insurance provides coverage for weather-related damage, ensuring you can recover financially if your possessions are damaged or destroyed by these environmental risks.

Flooding

Flooding is a common environmental risk in Nebraska, particularly near rivers and low-lying regions. While landlords are typically responsible for the structural damage caused by flooding, renters flood insurance is crucial for protecting your personal belongings. It can cover the cost of repairing or replacing damaged items, such as furniture, electronics, and clothing, in the event of a flood.

Standard renters insurance doesn't normally cover damage or loss from an environmental flood but can cover damage from rain and plumbing issues. If flooding is one of your top concerns, you should consider an insurance company that offers a flood endorsement for your renters policy. You can also add on a flood policy through FEMA's National Flood Insurance Program (NFIP).

Fire Hazards

Fires can occur unexpectedly and cause extensive damage to rental properties. Whether it's due to electrical faults, kitchen accidents, or other causes, fires pose a significant risk to renters. Renters insurance offers coverage for fire damage, allowing you to recover financially and replace your belongings if they are destroyed or damaged by fire.

Renters insurance is necessary for Nebraskans to mitigate the financial risks associated with environmental hazards. By securing renters insurance, you can protect your personal belongings from severe weather events, flooding, fires, and other environmental risks that may occur during your tenancy. Knowing that you have financial protection and support in the face of unforeseen circumstances provides peace of mind, allowing you to recover and rebuild in the aftermath of an environmental disaster.

Conclusion

When it comes to renters insurance, Nebraskans want the best coverage they can find at an affordable rate. All of the insurers we reviewed here are financially sound and offer top-tier, comprehensive coverage. But you may find that one company meets your needs better than the others. The editors of PropertyNest are confident that whichever company you choose will provide you with the peace of mind and financial security you’re looking for.

How We Selected the Best Renters Insurance Companies in Nebraska

While price is always a consideration, many other factors should be considered when purchasing renters insurance. For Nebraska, we selected insurers using five criteria we believe indicate which companies are the best for Nebraska renters.

Price

The cost of renters insurance is affected by many things, including your policy’s deductible, coverage limits, past claims, experience as a renter, and credit history. Regardless of how much coverage you need, we recognize that the rising cost of renting and inflation make keeping costs down a priority. In selecting the best insurance companies for renters insurance in Nebraska, we chose insurers that provide a good value at an affordable price.

Discounts

Renters insurance discounts can help reduce your premium, particularly if you can bundle other products like your auto insurance. Protective device discounts were also standard for most of the insurers we compared.

Coverage

To be protected adequately, you need to buy enough coverage to replace your belongings if they’re stolen or destroyed. For our best renters insurance in Nebraska, we prioritized insurance companies that provide excellent standard coverage, plus a selection of endorsements and add-ons to help you customize your coverage.

Customer Support

Filing a renters insurance claim can be stressful and time-consuming, and low premiums are not a substitute for the lack of customer support when you need it most. We selected insurers with multiple support layers to qualify for our list, including online customer portals, mobile apps, or 24/7 phone support.

Technology

Technology plays an increasingly important role in purchasing and servicing insurance policies. Many insurers are scaling back on the number of agencies they have to reduce costs and meet customer demand for online sales and service. Because of this, we highlighted companies with up-to-date websites, mobile apps, and online customer support.