up button arrow
https://texasinsurance.org is a privately owned website that is not owned or operated by any government agency

Knox County

Driving in Knox County

Knox County roads are called home by nearly 2,901 private and commercial vehicles. This figure accounts for an estimated 0.012% of all registered vehicles in the entire state of Texas.

Over 81% of adult drivers in Knox County commute to work by themself, and almost 16% of them commute for over 30 minutes.

It is estimated that 20% of the vehicles in the whole state of Texas are uninsured, and nearly 600 automobiles in Knox County could be uninsured or underinsured.

Auto Insurance Analysis:

  1. Nearly 3 thousand vehicles registered in Knox County need insurance coverage. Liability coverage is required by Texas law for all vehicles to protect other parties on the road from any damage you may cause during accidents. Private Auto, Farm Auto, Comprehensive Coverage, Farm Transportation, Inland Marine, and other auto insurance may be required depending on its intended usage.

  2. With 1 out 5 drivers uninsured in Texas, Uninsured Driver Coverage becomes increasingly important. Texans spend nearly $900 million annually to pay for Uninsured and Underinsured Auto Coverage.

  3. Virtually all of Knox County is rural, and the roads in rural areas have less traffic and less potential for vehicular collisions. However, vehicles going through rural roads are more prone to Animal-Vehicle Collisions (AVCs). The majority of crashes into animals in Texas peak twice a day: 5-8 AM, and predominantly 6 PM to midnight. The highest potential of collision with a deer is in November. Due to this, Knox county residents should consider Comprehensive Auto Coverage, which helps with the cost of repairing the car after hitting an animal.

To discuss your auto insurance in Knox County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas.

Knox County Housing

Knox County’s total housing unit market of over 2,027 wherein it is split between Homeowner-occupied with 83% and Renters with only 17%. Knox County’s owner-occupied rate is significantly higher than the Texas average of 62%.

The neighboring counties largely consist of homes occupied by owners led by Knox County and Foard County with 83%. The rest of the neighboring counties such as Haskell County, Stonewall County, Baylor County, and Throckmorton County all consist of 72-75% owner-occupied. King County, on the other hand, rents out 66% of its limited real estate.

Around 10% of housing units in Knox County experience housing problems, overcrowding, issues with plumbing or with the kitchen. In approximately 15% of homes, residents spend more than half of their income on housing.

Housing Insurance Analysis:

  1. Over 2 thousand housing units in Knox County need insurance coverage. All owners of these properties should have Homeowners, Condo insurance, and/or Business property insurance (for apartment complexes) at least, for protection of their underlying financial investment from possible loss or property damage.

  2. Landlords in Knox County obtain Landlord Insurance, which covers the property itself and from possible liability claims arising from the tenants and their guests.

  3. On the other hand, tenants buy Renters Insurance coverage for the protection of their belongings from possible damage or loss. There are landlords who require Renters insurance as a condition of the lease. Renters' insurance is averagely inexpensive and covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism.

For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of insurance in Knox County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas.

A Texas P&C Insurance Agent:

  • analyzes your needs and restrictions,
  • researches the locally available plans that fit your needs,
  • provides you with the available options of coverage,
  • explains how the differences between the options affect you once you start using each insurance product
  • assists you with the application process
  • does not affect your cost of insurance. (agent’s service is usually paid by the insurer)

Knox County Health

Around 25% of Knox County residents under 65 years old do not have health insurance coverage — a figure that is significantly higher than the Texas average of around 21% (in 2021). Compared Knox County to neighbors, Haskell County has the highest uninsured adult rate at 27%, while Baylor County has the lowest, at around 16%. The highest uninsured adult rate in the state of Texas is in Gaines County, at nearly 36%, while the lowest rate is observed in Loving County at closer to 11%.

Almost 1 out of 4 adults or 25% in Knox County report problems with health.

21% of the Knox County population do not engage in physical exercise activities.

There is roughly 26% who are considered obese in Knox County (with a BMI of 30 or more), which is lower than the Texas average of 31%. Among the neighboring counties, Stonewall County and King County report the lowest both at 20% of the residents, while almost 28% of adults from Foard County and Haskell County are considered obese.

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

Health Insurance Analysis:

  1. Over 700 residents of Knox County lack the most necessary insurance which is Health insurance.

  2. It is easier for the residents of Texas to acquire coverage that suits their specific needs, as Texas is among the states that are open for selling multiple types of health insurance and supplemental health insurance: Group or Individual Marketplace ACA health insurance, various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity insurance, Accident & Health insurance, etc.

  3. If health insurance can’t be acquired due to high costs, low-income consumers are generally advised to apply for government subsidies, which can considerably lower the cost of insurance.

  4. Short-term health insurance can possibly be an alternative way to save if there are no pre-existing health conditions. (*Some Texas multi-year short term health insurance plans may cover certain pre-existing conditions after a year or more of coverage)

Contact a knowledgeable Texas-licensed health insurance agent to access your health insurance needs and to provide you with several coverage options to choose from.

Knox County Mortality and the End of Life Statistics

The average life expectancy for the residents of Knox County is around 74.5 years old, which is much lower than the Texas average of 79.2. Among the neighboring counties, Haskell County shows longer life spans, adding more than 3 years on top of Knox County. Baylor County, on the other hand, has the shortest average at 73.8 years. The highest life expectancy in the state of Texas is seen in Presidio County at 88.8, and the lowest expected life span is in Donley County, at 72.8 years old.

Life Insurance Facts:

  1. In 2022, 47% of Americans did not have an active life insurance policy of any type.

  2. Life insurance premiums are based on the age of the insured during the acquisition of the policy, among other factors. The younger you are when you get it, the more you save in premiums over the course of the policy.

  3. Approximately 19% of the adults in Knox County smoke and this will result in an increase in life insurance premiums by up to 4 times compared to non-smokers.

Motor Vehicle Fatalities in Dallas County

In 2020, the Texas Department of Transportation (TxDoT) reported over 27 crashes in Knox County, which resulted in 4 fatalities. Alcohol is determined as the main factor for the fatal crashes in Knox County in over 33% of all driving fatalities.

Final Expenses – Knox County Funeral Home Cost

The average price of a traditional funeral in Knox County is approximately $6,700, which is higher than the Texas average of $6,200, and it is the most expensive among the neighbors. Haskell County has the more affordable funeral cost average at $5,600, while funeral homes in Throckmorton County are usually closer to $6,300.

Among all the Texas counties, Polk County has the highest average funeral cost of $10,900, while Kenedy and Willacy Counties have the most affordable average, both at around $3,200.

Life Insurance Analysis:

  1. With 46% of Americans dying with savings of less than $10,000, some Knox County senior residents could be placing the unnecessary and frequently unbearable financial burden on family and friends. Instead of grieving their loss, the family must concentrate on finding a way to afford the funeral. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)

  2. Not only the burial costs are usually left by the deceased for the family to take care of, but there are also possibly taxes and other debts as well. Speak to a licensed agent about senior life insurance options.

  3. The most commonly used life insurance policies to leave money to the family are the variations of: Term Life Insurance and Cash Value insurance, such as Whole Life insurance, multiple types of Universal Life insurance, and Final Expense (FE).

To find out more about life insurance options in Knox County, speak with a state-licensed and experienced life insurance professional who has access to multiple insurers for comparison.