The highways of Erath County are home to about 34,401 private and commercial vehicles. This figure represents around 0.15% of all vehicles registered in Texas.
Nearly 82% of adult drivers in Erath County commute alone, with 1 in 5 of those journeys taking longer than 30 minutes.
It is estimated that 20% of Texas drivers are uninsured, which means that there could be almost 7,000 uninsured vehicles in Erath County alone.
2. Uninsured Driver Coverage remains important across Texas, where 1 out of 5 drivers is uninsured. Uninsured and underinsured auto coverage costs Texans over $900 million per year.
Contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas for a consultation and advice on auto insurance in Erath County.
Similar to the rest of Texas, where the majority of residences are occupied by their owners, Erath County's ≈19,580 housing units are divided between homeowners (over 63%) and renters (at almost 37%). The neighboring counties' housing stock is also predominantly owner-occupied, with Hamilton County leading the way with about 82% owner-occupied housing compared to 18% being rented. Erath County has the lowest homeownership rate at 63%, not too far from the state average of 62%.
In Erath County, more than 1 in every 5 housing units has housing problems due to excessive housing expenses, overcrowding, a lack of plumbing, or kitchen concerns. In approximately 15% of homes, residents spend more than 50% of their income on housing.
Erath County has over 19 thousand housing units in need of insurance. They should all carry at the very least Homeowners or Condo insurance to safeguard the property's owners against loss or damage. Apartment complexes are insured by Commercial property insurance.
With over 7,000 rental units in Erath County, landlords are strongly encouraged to acquire Landlord Insurance, which protects both the property and the landlord against potential liability claims brought by renters.
Tenants usually get renter insurance to protect their belongings from probable damage or loss. Renters' insurance policies cover theft and damage caused by fire, smoke, water, and vandalism. Certain landlords in Erath County may require renters insurance as a condition of the lease.
Contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas for a no-cost consultation and advice on home insurance in Erath County.
Nearly 24% of adults in Erath County lack adequate health insurance coverage. Hamilton County (25%) has the highest adult uninsured rate among the neighboring counties, while Hood and Somervell counties (18%) have the lowest. Gaines County has the highest rate of uninsured adults in the state, at over 36%, while Loving County has the lowest, (≈11%). Texas' average uninsured rate was more than 20% in 2021.
In Erath County, more than 1 in 5 adults report having health difficulties. This equates to more than 7,000 people.
Over 26% of residents in Erath County do not engage in daily physical activity, resulting in a higher than average rate of obesity in the population.
Obesity is pervasive in Erath County, with 34% of residents having a BMI of 30 or higher, considerably higher than the Texas average of roughly 31%. Comanche County has the lowest obesity percentage of nearby counties, at 24%, compared to Palo Pinto County, which has an obesity rate of roughly 41 percent.
At least 3 health insurers in Erath County offer affordable and frequently subsidized ACA health insurance on and off the state health marketplace.
Health insurance is the most important type of insurance, yet approximately 8,800 residents of Erath County do not have it.
Texas is one of the states that allow residents to purchase a variety of health insurance and supplemental plans, making it easier for them to get coverage that fits each person’s particular set of needs: Marketplace ACA health insurance, various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity, Accident & Health, and others.
If low-income residents are unable to purchase health insurance due to the high cost, they should apply for government subsidies, which can drastically reduce the cost of insurance. If you do not have any pre-existing problems, short-term insurance can be an option to save money. (Note: Some short-term insurers may cover select pre-existing conditions after a year or more of coverage.)
Discuss your health insurance needs with a state-licensed Texas health insurance professional with access to a variety of health insurance options available in Erath County.
A Texas health insurance agent analyzes your needs, researches the available options, explains the differences between those options, and assists you with the application process.
Residents of Erath County have an average life expectancy of 79 years, which is the highest within its peer counties and comparable to the state average of 79.2. Among neighboring counties, Hood County ranks second (78.2). Somervell and Bosque Counties have a similar life expectancy as the rest of Texas, (≈77 years old), while Hamilton County has the lowest, (74.9).
In 2022, the Erath County senior (65+ years old) population was estimated at over 6,400.
In 2021, 48% of Americans did not own a life insurance policy.
Life insurance premiums are calculated based on the insured's age at the time coverage begins. The younger you are when you acquire it, the more money you will save on premiums over the policy's duration.
In Erath County, motor vehicle fatality deaths occur at a rate of 22.78 per 100,000 vehicles on the road. This equates to around 8 fatal crashes per year. Alcohol is identified as the primary cause of fatal crashes in Erath County at almost 19% of all driving fatalities.
Funeral costs in and around Erath County vary significantly. The average funeral cost in Erath County is around $3,800, making it one of the most affordable in the surrounding area and in Texas overall. Somervell County has the highest average funeral cost among the neighboring counties, at over $7,600, while Hood and Bosque Counties’ funeral homes have the lowest average cost, of under $5,000.
Given that 46% of Americans die with less than $10,000 in savings, the cost of a basic funeral may be a concern for the family members and friends of Erath County's almost 3,000 seniors. Rather than dealing with their loss, the family's attention must be on finding how to pay.
Apart from burial expenses, the deceased frequently leave behind taxes and other debts for the surviving family members to deal with.
Term Life Insurance and Final Expense Insurance are the most often used life insurance policies for "final expenses" coverage of up to $50,000.
Variations of Term Life Insurance and Whole Life Insurance, particularly Indexed Universal Life (IUL) insurance and Final Expense insurance, are the most often utilized life insurance products to leave money to the family.
Contact a knowledgeable state-licensed life insurance professional for a consultation and advice on life insurance options available in Erath County.
A Texas life insurance agent examines your needs, conducts research on locally available options that meet your needs, discusses how the variations between available options may affect your decision, and aids you with the application process.