Lamar County has approximately 39,334 vehicles registered for both commercial and private use. This number represents an estimate of 1 in 10,000 of all registered vehicles in Texas.
Every day, over 83% of Lamar County drivers commute to work, with almost a fifth of those commutes lasting more than 30 minutes.
More than 20% of Texas vehicles are uninsured, implying that almost 8,000 Lamar County vehicles can be either uninsured or underinsured.
Liability car insurance is required in Texas as "proof of financial responsibility," and driving without it is illegal.
Lamar County has nearly 40,000 registered vehicles that require auto insurance. Private automobile insurance, commercial or farm automobile insurance, commercial inland marine insurance, and other forms of insurance may be required. Auto insurance may also be affected by the type of vehicle and its intended use.
In Texas, where one out of every five drivers is uninsured or underinsured, uninsured driver coverage is becoming increasingly important. The cost of uninsured and underinsured motorist coverage in Texas exceeds $900 million per year.
Contact a Property & Casualty insurance agent who is licensed in Texas if you need advice and assistance with Lamar County auto insurance.
The housing market in Lamar County, which has approximately 23,103 units, is divided between 64%(homeowners) and 36%(renters). The state average in Texas is closer to a 62/38 split. The surrounding counties are mostly owner-occupied homes as well, with Delta County leading the way with more than 78% homeownership rate, while Lamar County closing in last.
Nearly 1 in 6 housing units in Lamar County suffers from overcrowding, a lack of plumbing, and/or poor kitchen conditions.
Lamar County has over 23,000 housing units that require insurance. All housing units should be covered by homeowner's insurance to protect the owner's property from loss or damage (Homeowners or Condo). Apartment complexes are covered by Business Property insurance, while condo association buildings themselves are covered by a Business condo association insurance
Landlord Insurance should be obtained by property owners in Lamar County, which has more than 8,000 rental units. Landlord insurance protects both the property and its owner from potential liabilities.
Tenants typically purchase renters insurance to protect their belongings from potential damage or loss. The standard Renter's Insurance policy covers theft as well as damage caused by water, fire, smoke, and vandalism. Landlords may require renter's insurance as a condition of the lease.
Contact a Lamar County Property & Casualty insurance agent who is licensed in Texas for consultation and advice on Homeowners insurance or Renters insurance.
Lamar County's health insurance rating is the worst-rated among its neighboring counties. Uninsured adults and children account for approximately 22% of the population. This figure is higher than the state average of 20.7% (in 2021). Fannin County ranks second among neighboring counties behind only Lamar County in terms of residents without health insurance, with an uninsured rate of around 22%. Delta County, on the other hand, has the lowest percentage of uninsured residents, estimated to be around 19%. Gaines County has the highest uninsured adult rate in Texas, approaching 36% while Loving County has the lowest, around 11%.
More than 1 in 5 adults in Lamar County have a health problem, and over 2/5 of the population is physically inactive, contributing to a 34% obesity rate, which is higher than the Texas average of 32%. Red River County has the highest obesity rate of any peer county, at 40%. Delta County, on the other hand, is said to have the lowest obesity rate in the area, at 29%.
In Lamar County, at least 1 insurer offers affordable and regularly subsidized ACA health insurance, both in and out of the state marketplace.
Contact a health insurance agent licensed in the state of Texas for consultation and advice on Lamar County health insurance.
The average life expectancy in Lamar County is estimated to be 74.8 years old, which is lower than the Texas state average of 79.2 years old by a large margin. Fannin County appears to have the highest life expectancy among neighboring counties, at 75.4 years old, nearly a year longer than Lamar County, while Red River County appears to have the lowest, at 74.2 years old. Presidio County has the highest average life expectancy rate in the state, at 88.8 years, and with an average of 72.8 years, Donley County has the lowest life expectancy.
In 2022, Lamar County had roughly 10,000 senior citizens (65 and older).
In 2021, 48% of Americans did not have any type of active life insurance policy.
Premiums for life insurance are calculated based on the insured's age at the start of the policy, so the younger you are when you buy it, the less you will have to pay in premiums over the policy period.
On Lamar County roads each year, an average of 9-10 fatal crashes occur, resulting in a fatal crash rate of 23.89 per 100,000 vehicles on the road.
According to the Texas Department of Transportation (TxDoT), Lamar County had 996 crashes in 2020, with 11 fatalities. Alcohol was responsible for over 13% of all traffic fatalities.
Funeral costs in and around Lamar County vary slightly. The average funeral cost in Lamar County is reported to be nearly $6,000, making it the second-lowest cost in the surrounding area. Among Lamar County's neighbors, Fannin County has the highest average funeral cost of more than $6,000, closer to the state average of $6,200. On the other hand, Red River has the lowest funeral home cost at under $5,000.
Nearly 46% of Americans die with less than $10,000 in life savings, which means that almost 5,000 Lamar County senior citizens may be putting an additional burden on their family and friends with basic funeral expenses. Instead of grieving the loss of a loved one, the family must figure out how to pay.
In addition to burial costs, the deceased may have left behind taxes and debts for the surviving family to deal with.
The most common life insurance policies that cover "final expenses" up to $50,000 are term life insurance and final expense insurance.
The most common life insurance policies that allow money to be left to family members are Term Life Insurance and Cash Value Life, such as Whole Life Insurance, Indexed Universal Life (IUL) Insurance, and Final Expenses.
Contact a Texas-licensed life insurance agent if you need life insurance consultation and advice in Lamar County.