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Castro County

Driving in Castro County

Castro County has approximately 5,690 registered private and commercial automobiles, accounting for approximately 0.02% of all vehicles registered in Texas.

Over 84% of adult drivers in Castro County commute to work on a daily basis, with nearly 22% of those commutes lasting more than 30 minutes.

It is estimated that 20% of Texas automobiles are uninsured, implying that there may be over 1,100 uninsured and underinsured automobiles in Castro County alone.

Auto Insurance Analysis:

  1. Castro County has more than 5,000 registered automobiles, all of which are required to have insurance coverage. Depending on the type of vehicle and its intended usage, the required insurance may include Private Auto, Commercial, Auto Liability, Commercial Inland Marine, and other types of coverage.

  2. Increased daily commutes can result in an increase in auto insurance costs, as they increase the amount of time a driver spends on the road. Increased exposure to the road raises the risk of a motor vehicle collision.

  3. In Texas, 1 in 5 drivers is uninsured or underinsured, making Uninsured Driver Coverage nearly mandatory. Each year, Texans spend more than $900 million on uninsured and underinsured auto coverage.

If you have questions or require guidance about Auto insurance in Castro County, contact a Texas-licensed Property & Casualty insurance agent.

Castro County Housing

Castro County has approximately 3,173 housing units, with the majority of them being occupied by homeowners (64%) rather than renters (36%), similarly to the Texas-average of 62/38. The neighboring counties are mostly made up of owner-occupied homes, with Lamb County leading the way with over 71% owner-occupied dwellings, while Hale County, on the lower end, offers the largest portion of real estate for rent in the area (62/38).

Nearly 1 in 10 housing units in Castro County have housing problems as a result of high housing costs, overcrowding, a lack of plumbing, or kitchen issues.

Housing Insurance Analysis:

  1. Castro County has over 3 thousand dwelling units that require insurance coverage. At the very least, they should all carry Homeowners or Condo insurance to safeguard the property's owners against loss or damage.

  2. With over 1,000 rental units in Castro County, landlords usually get Landlord Insurance, which protects both the property and the landlord from liability claims.

  3. Renters Insurance is usually purchased by tenants in order to protect their personal items from potential damage or loss. Typical renters insurance protects the property against theft, damage caused by water, smoke, fire, and vandalism, among other things. Renters Insurance may also be required by the landlord as a condition of the lease agreement.

For consultation and assistance on Homeowners, Renters, or Business property insurance in Castro County, contact a Texas-licensed Property & Casualty insurance agent.

Castro County Health

Castro County has one of the lowest rates of proper health insurance coverage in the state, as well as among its immediate neighbors. More than 1 out of 4 adults (est. 29%) and approximately 16% of all children in Castro County do not have health insurance. Among neighboring counties, Parmer County has the second-highest adult uninsured rate, at over 28%. Randall County has the lowest uninsured adult population in the area, at 13%. Gaines County has the highest percentage of uninsured adults in the state of Texas, at nearly 36%, while Loving County has the lowest, at closer to 11%. As of 2021, Texas's average adult uninsured rate was near 21% mark.

More than 1 in 4 adults in Castro County reports having health problems.

21% of the Castro County population do not participate in physical exercise activities.

Around 29% of Castro County residents are classified as obese, which is lower than the state average of 31.4% in Texas. Among the neighboring counties, Swisher County has the lowest obesity rate at 20% of residents, whereas Parmer County has over 37%.

At least 2 health insurers in Castro County offer affordable ACA health insurance that is frequently subsidized, both on and off the state marketplace.

Health Insurance Analysis:

  1. Health insurance is a critical insurance coverage, and nearly 2,000 people in Castro County lack it.

  2. Texas is one of the few states in the United States that allows for multiple types of health insurance and supplemental products, making it easier for residents to obtain coverage through the ACA-compliant (Group or Individual) health insurance, various types of short-term insurance (up to three years in coverage), hospital indemnity, accident & health, and so on.

  3. If lower-income residents are unable to purchase health insurance due to the high cost, they are encouraged to apply for government subsidies, which can drastically reduce the cost of insurance. If you do not have any pre-existing conditions, short-term insurance may be a viable option for you to consider (note: some multi-year short-term Texas plans may cover selective pre-existing conditions after a full year of coverage).

Contact a health insurance agent licensed in the state of Texas for a consultation and information regarding health insurance in Castro County.

Castro County Mortality and the End of Life Statistics

Average life expectancy for the residents of Castro County is around 79.5 years old, which is higher than the Texas average of 79.2. Among the neighboring counties, the average life span ranges between Swisher County - 75.3 (as the lowest) and Randall County’s 79.2 years old (in line with the state average). Statewide - Presidio County has the highest life expectancy in Texas, at 88.8, while Donley County has the lowest, at 72.8.

As of 2022, Castro County had over 1,000 senior (65 and older) residents.

Life Insurance Facts:

  1. In 2021, about 48% of Americans did not have an active life insurance policy of any type.

  2. Due to the fact that life insurance rates are calculated based on the insured's age at the initiation of the policy, the younger you are when you purchase the policy, the more money you can save in premiums over the length of the policy's duration.

Motor Vehicle Fatalities in Castro County

Motor vehicle fatality deaths in Castro County statistically occur at a rate of 18.46 per 100,000 vehicles on the road: 1 fatal crash per year.

In 2020, 116 collisions and 1 fatality were reported in Castro County by the Texas Department of Transportation (TxDoT). Around 38% of all driving fatalities in Castro County are determined to have been caused by alcohol.

Final Expenses - Castro County Funeral Home Cost

Funeral costs vary significantly in and around Castro County. Castro County's average funeral cost is over $6,000, which is close to the state's average of $6,200. Among the neighbors, Randall County’s funeral cost is closer to $5,200, while Lamb County's funeral homes are in line with the state averages.

Life Insurance Analysis:

  1. Given that 46% of Americans die with assets averaging less than $10,000, the cost of a basic funeral can become a source of concern, putting a possible financial strain on the family and friends who are left to mourn. Instead of grieving their loss, the family must concentrate on finding a way to pay.

  2. In addition to funeral expenses, the departed frequently leave behind taxes and other debts that must be paid by the surviving family members.

  3. Term Life Insurance and Final Expense Insurance are the most often used life insurance products to cover "final expenses" up to $50,000.

  4. The most often utilized life insurance policies for leaving money to heirs are variations on Term Life Insurance and Cash Value Life Insurance, such as Whole Life, Indexed Universal Life (IUL) insurance, and Final Expense insurance.

Contact a life insurance agent licensed in the state of Texas for a consultation and guidance on life insurance in Castro County.