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Lampasas County

Driving in Lampasas County

Roughly 17,390 automobiles are registered in Lampasas County, which represents 0.07% of all automobiles in the state of Texas.

Five days a week, over 4 out of 5 adults drive to work alone, contributing to traffic congestion. On top of that, almost 36% of those drivers need at least 30 minutes to reach their destination.

According to research, 20% of the drivers in Texas are uninsured, which suggests that nearly 3,500 vehicles in Lampasas County alone may not be protected with an insurance policy.

Auto Insurance Analysis:

  1. Lampasas County has over 17 thousand registered vehicles, and they all need at least the minimum insurance coverage. Non-Owner Car Insurance, Gap Coverage, Comprehensive Auto, and Farm Transportation are only a few of the options that car owners can choose from depending on what vehicles they own and how they utilize them.

  2. Majority of the roads in Lampasas County are rural, and these kinds of roads have less traffic and less potential for vehicular collision. However, rural areas are more prone to animals getting in the way of moving cars. The majority of animal-vehicle crashes in Texas peak twice a day: 5-8 AM, and predominantly 6 PM to midnight. The highest potential of a collision with a deer is in November. Due to this, Lampasas county residents should consider Comprehensive Auto Coverage, which helps with the cost of repairing the car after hitting an animal.

  3. According to research, more than 50% of deer-vehicle collisions in the United States go unreported, which suggests a lack of the appropriate insurance coverage that could’ve reduced the repair costs.

  4. Texas law requires all vehicles to have at least Liability Coverage, which will cover the costs for the repair of the another driver’s vehicle and/or hospital bills if you were proven to be at fault for the accident.

  5. Uninsured Driver Coverage is becoming increasingly important since 1 out of 5 drivers in Texas don’t have auto insurance. Texans spend a total of almost $900 million annually for Uninsured and Underinsured Auto Coverage costs.

To get auto insurance advice in Lampasas County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas.

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Car Insurance in Texas

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Lampasas County Housing

The housing market in Lampasas County consists of approximately 9,715 properties, and people who are looking for an apartment to rent will find it difficult because 77% of the homes are inhabited by the owners. This figure is significantly higher than the state average of 62%.

Among its neighbors, Mills County has the highest percentage of owner-occupied homes at 85%. Bell County has the lowest figure at 54%, which means that almost every other property is a rental.

Approximately 13% of the homes in Lampasas County experience housing issues such as overcrowding, substandard plumbing, or kitchen problems. In approximately 15% of homes, residents spend half of their income on housing expenses.

Housing Insurance Analysis:

  1. Well over 9 thousand homes in Lampasas County need insurance coverage. All owners of these properties should have at least Homeowners, Condo insurance, and/or Business property insurance (for apartment complexes) to protect the underlying financial investment from damage or even loss.

  2. In Lampasas County, over 2 thousand homes are being rented out to tenants. Landlords could take out Landlord Insurance to protect themselves from possible liability claims from the tenants.

  3. On the other hand, tenants could secure a Renters Insurance policy to protect their belongings from damage or loss. The premiums for this type of coverage are quite affordable, and it will cover the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Most, if not all landlords in Lampasas County require Renters Insurance as part of the lease.

Contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas for advice and consultation about Homeowners, Renters, Flood, Condo, and other kinds of home insurance in Lampasas County.

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Residential Insurance in Texas

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Lampasas County Health

Around 19% of Lampasas County residents do not have any kind of health insurance, including children — a figure that is not too far from the state average (21%). But despite this fact, Lampasas County does not have the worst figure in the region:San Saba County has the highest percentage of uninsured adults at 31%, while Coryell County has the lowest figure at 16%.

Statewide, Gaines County has the highest adult uninsured rate at nearly 36%, while Loving County proudly has the lowest percentage at just 11.4%. As of 2021, the average adult uninsured rate in Texas was approximately 20.7%.23% of Lampasas County residents do not exercise, which is the lowest percentage compared to its neighboring counties. However, regarding obesity rate, Lampasas County has the highest percentage along with Burnet County, both at 34%, which is worse than the state average (≈31%). Hamilton County has the lowest obesity rate at 25%.

Roughly 19% of Lampasas County’s population report health problems — which translates to nearly 3,300 residents.

There are at least 4 health insurers in Lampasas County that offer affordable and frequently subsidized ACA health insurance on and off the state marketplace.

Health Insurance Analysis:

  1. Despite the fact that health insurance is the most important kind of insurance, more than 3 thousand residents from Lampasas County lack proper coverage.

  2. The Texas insurance market allows the sale of multiple types of health insurance and supplemental products. So taking out a policy that fits the insured’s specific needs (both medically and financially) is much easier. Texans can take out Group or Individual Marketplace ACA health insurance, Various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity, Accident & Health, etc.

  3. Some individuals opt not to get health insurance as they cannot afford it. These individuals can apply for government subsidies that help lighten the load financially.

  4. Short-term Insurance is another way to save money if you do not have any pre-existing conditions. (If you have had your policy for a year or more, pre-existing conditions may be covered by some Texas multi-year short-term health insurance.)

Discuss your health insurance needs with a knowledgeable state-licensed Texas health insurance professional to go over your best health insurance options in Lampasas County.

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Health Insurance in Texas

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Lampasas County Mortality and the End of Life Statistics

The seniors of Lampasas County have a life expectancy of 79 years, and the same number goes for the majority of Texas. Among its immediate neighbors, Hamilton County has the shortest life expectancy at 75 years, while Lampasas, San Baba, and Burnet Counties have the highest average at 79 years.

Across Texas, Presidio County has the highest average at 89, and Donley County has the lowest life expectancy at 73 years old.

In 2022, there were approximately 4,459 seniors (65 and older) living in Lampasas County.

Life Insurance Facts:

  1. In 2021, 48% of Americans did not own any kind of life insurance coverage.

  2. It is a misconception that young people do not need life insurance. Getting a policy at a young age, while the insured is still healthy and unlikely to pass away, can save them a lot of money. Premiums for life insurance go up as the potential policyholder gets older.

  3. Nearly 1 out of 5 of Lampasas County residents smoke, and this habit will spike up the premiums of well over 2 thousand individuals. A smoker’s life insurance premiums are up to 4 times more expensive than a non-smoker's, as their life expectancy is deemed shorter. (Note: It can take up to 5 years of not smoking, to be able to qualify for the preferred “non-smoker” rating.)

  4. Whole Life Insurance also has a cash value component, meaning that after a stated period, the policyholder can borrow against the funds for emergency use or to pay for life insurance premiums.

Motor Vehicle Fatalities in Lampasas County

Motor vehicle fatalities in Lampasas County occur at a rate of 27.51 per 100,000 vehicles on the road, averaging 4 to 5 fatal crashes annually.

In 2020, the Texas Department of Transportation (TxDoT) reported 289 crashes in Lampasas County, which led to 4 fatalities. 1 out of 10 fatal car crashes in Lampasas County involved alcohol.

Final Expenses – Lampasas County Funeral Home Cost

The average price for a modest funeral in Lampasas County will cost the bereaved family around $6,100, which is not too far from the state average of $6,200. However, this amount is not the least expensive in the region.

Burnet County has the most affordable funeral cost average at $6,000, while Bell County has the most expensive at roughly $6,600.

Life Insurance Analysis:

  1. With 46% of Americans passing away with less than $10,000 in assets, the cost of a standard burial for over 2 thousand Lampasas County residents could fall on the shoulders of the deceased person’s friends and family. Instead of mourning their loss, they have to figure out how to pay for the funeral.

  2. On top of burial expenses, the deceased could possibly leave unpaid taxes and unsettled debts, which adds to the mourning family’s woes.

  3. Term Life Insurance and Final Expense Insurance are the most common life insurance policy types to cover "final expenses" up to $50,000.

  4. There are different kinds of insurance policies that can help the bereaved family through financial assistance. Such life insurance policies can be Term Life Insurance and variations of Permanent Life Insurance: Whole, Indexed Universal Life, and others.

To get advice regarding life insurance in Lampasas County and help lighten the load for your family - reach out to a Texas-licensed experienced life insurance agent with access to multiple insurers. Such an agent can help you evaluate your needs and then offer you multiple solutions to fill them.

The use of a Texas insurance agent typically does NOT incur additional costs to the insured.

Texas Insurance, Life Insurance, Term Life vs. Cash Value Insurance

Life Insurance in Texas

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