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68516 Homeowners Insurance Rate Quotes

Are you shopping for homeowners insurance quotes in 68516? Our rates are very competitive for homeowners living in Lincoln, NE. Many homeowners based out of your 68516 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our homeowners insurance quotes are free and our Nebraska licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 68516 should appear in the zip code field ready to go. For Lincoln, NE Home Insurance Rate Quotes click to review the best rates and service online!

68516 Average Premium is Rated: Very High!

Homeowners living in 68516 can easily save up to 40% off the average home insurance premium of $1158 a year by comparing rates with us at GetHomeInsuranceQuotes.com. You don't have to do the research to find the best company, rate and coverage options. We have already done this for you. We have 12 major carriers in Lincoln that are all very competitive and have the best rate and coverage option available. All you need to do is request quotes online for zip code 68516 and we will help you compare prices and apply all available discounts. If you want savings and also need help deciding which policy is best for you, than let us help you compare multiple rates today!

Get Multiple Home Insurance Rates in 68516!

68516 Home Insurance Average Premiums

Local 68516 homeowners insurance quotes comparison

$908 /yr.

Shows Zip Code: 68516 lowest rates with discounts applied on average.

For the 68516, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$908 /yr.
Average Coverage:$1158 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1458 /yr.

What is the average home insurance cost for a home in 68516?

  • • The average homeowners insurance premium paid annually for a home in 68516 is around $1158 per year.

What does it cost on average per month for home insurance in 68516?

  • • Homeowners in 68516 pay a monthly average cost per month around $97.00.

What kind of discount could I get if I combine my home and auto insurance together in 68516?

  • • Autoowners in 68516 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Lincoln area, check out other zip codes nearby 68516.
Review average rates in another zip code:
68520 homeowners insurance rates
68510 homeowners insurance rates
68508 homeowners insurance rates
68517 homeowners insurance rates
68527 homeowners insurance rates
68503 homeowners insurance rates
68505 homeowners insurance rates
68516 homeowners insurance rates
68512 homeowners insurance rates
68524 homeowners insurance rates

Home Replacement Cost Coverage in 68516

Average Building Cost Per Square Foot in 68516: $140

Location: Lincoln, Nebraska (Lancaster County)

Average Square Footage in 68516: 1,929 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 68516 before you start any project. Lincoln homeowners pay on average around $140 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 68516 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 68516 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,929 sq. ft. and the average cost to rebuild the home in this area is around $140 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Lincoln area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1401,929$270,100
Additional Upgrades & Added Features$1751,929$337,625
Major Home Updates or Advancements$2101,929$405,150

It's important to understand that when you estimate your replacement cost of your home in the 68516 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 68516

Best Home & Auto Insurance Agencies in 68516

Allstate Insurance Company - Mitchell Happ

Address: 5521 Shady Creek Ct Lincoln, NE 68516
Phone:
Website: http://www.allstateagencies.com/mitchhapp/Welcome/
Info:

Farmers Insurance Group - Agents- Kelly Fisher

Address: 4316 S 48th St Lincoln, NE 68516
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Chuck Severin - Farm Bureau Financial Services

Address: 5445 Red Rock Ln, Ste 200 Lincoln, NE 68516
Phone:
Website: http://www.chuckseverin.fbfs.com/
Info:

Lichti, Mitchell - Farmers Insurance

Address: 6221 S 58th St, #F Lincoln, NE 68516
Phone:
Website: http://www.farmersagent.com/mlichti/
Info:

Stewart- Tim Agency Inc

Address: 6731 La Salle St Lincoln, NE 68516
Phone:
Website:
Info:

Housing Demographics for 68516

Population Review for 68516 Zip Code

For the city of Lincoln, the population within 68516 has increased to over 50,830 residents in population size. The current population total is 47,448. We have broken down the population based on race below. In 68516, there are over 23021 in male population and 24427 females.

PopulationValues
Total Population47,448
White Population41312
Black Population933
Hispanic Population1983
Asian Population1720
Hawaiian Population19
Indian Population162
Other Population589
Male Population23021
Female Population24427
Population Estimate50830

Household Data for 68516

The average number of homes in 68516 is around 18,961, there are an average of 2.49 per household. The average house value according to local real estate values is around $270,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode18,961
Persons Per Household2.49
Average House Value$270,100
Income Per Household$92651
Median Age39.0
Median Age Male37.9
Median Age Female40.0
68516 DetailsValues
StateNE
State Full NameNebraska
City TypeP
City Alias Abbreviation
Area Code402
CityLincoln
City Alias NameLINCOLN
CountyLancaster
County FIPS109
State FIPS31
Time Zone6
Day Light SavingY
MSA4360
PMSA
CSA339
CBSA30700
CBSA_DIV
CBSA_TypeMetro
CBSA_NameLincoln, NE
MSA_NameLincoln, NE MSA
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1356
Number Of Employees15797
Business First Quarter Payroll150591
Business Annual Payroll649550
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population302157
CBSA Division Population0
Congressional District01
Congressional LandArea8879.02
Delivery Residential20414
Delivery Business1027
Delivery Total20661
Preferred Last Line KeyW19933
Classification Code
Multi-County
CSA NameLincoln-Beatrice, NE
CBSA_DIV_Name
City State KeyW19933
Land Area18.917000
Water Area0.033000
City Alias Code
City Mixed CaseLincoln
City Alias Mixed CaseLincoln
Box Count0
SFDU8023
MFDU1511
State ANSI31
County ANSI109
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number305160
Unique ZIP Name
SSA State County Code28540
Medicare CBSA Code30700
Medicare CBSA NameLincoln, NE
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseLancaster

Nebraska Homeowners Insurance News & Information

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    Family relax on the couch. Happy beautiful young parents are smiling, hugging and playing with them kids at home together Governor DeSantis recently asked the legislature for over $600 million to help lower homeowners insurance in his 2025-26 budget request. The budget proposal asks for $590 million to go towards the My Safe Florida Home […]

  • North Carolina Homeowners’ Insurance Premiums May See a 15% Increase Posted on Thursday 23rd January, 2025

    The base rate for North Carolina homeowners insurance will be headed up by an average of 15% by the middle of 2026. The rate increases are part of a settlement that was reached with the insurance industry by the North Carolina Insurance Department. The state Insurance Commissioner Mike Causey recently announced the rate increase agreement […]

  • 2025 Florida Home Insurance Rates Could Increase Posted on Tuesday 14th January, 2025

    While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future.  According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]