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Madison County

Driving in Madison County

Madison County's roadways are home to an estimated 11,384 private and commercial vehicles. This figure represents around 0.05% of all vehicles registered in the state of Texas.
Approximately 80% of drivers in Madison County drive alone to work, with over a quarter of those commutes lasting more than 30 minutes.
Roughly 20% of Texas drivers are uninsured, according to estimates, with more than 2,000 uninsured vehicles in Madison County alone.

Auto Insurance Analysis:

  1. Over 11 thousand vehicles registered in Madison County need to obtain insurance. Depending on the type of vehicle and its intended usage, the following insurance policies may be required: Private Auto, Commercial Auto, Auto Liability, Commercial Transportation Inland Marine, and so on. All vehicles on the road must have Liability Insurance.
  2. Uninsured Driver Coverage is becoming increasingly critical in Texas, where 1 out of every 5 drivers is uninsured. Texans pay roughly $900 million each year in uninsured and underinsured driver coverage.
  3. Majority of Madison County roads are rural. Rural roads have less traffic and less potential for a vehicular collision. Meanwhile, rural areas are more prone to animals getting in the way of moving cars. 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 a collision with a deer is in November. Due to this, Madison county residents should consider Comprehensive Auto coverage, which helps in repairing the damage after hitting an animal.
    For consultation and advice about auto insurance in Madison 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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Madison County Housing

The approximately 5,457 housing units in Madison County are occupied by 74% homeowners and 26% renters. Its housing market is dominated by owner-occupied homes, just like the majority of Texas (≈62%). The neighboring counties are primarily made up of owner-occupied homes, with Leon and Grimes counties leading the way with 77% and 76% homeownership, respectively.

Walker and Brazos counties, on the other hand, have a lot of properties listed for rent. In Walker County, almost every other house is a rental (49%), while in Brazos County, there are more homes listed for rent (53%) than homes inhabited by the owners.

Due to high housing costs, overcrowding, a lack of plumbing, or kitchen difficulties, nearly 19% of housing units in Madison County are stated to be having serious housing challenges. In approximately 15% of homes, residents spend more than 50% of their income on housing.

Housing Insurance Analysis:

  1. In Madison County, there are around 5 thousand housing units that need insurance coverage. At the very least, they should all have Homeowner's Insurance to protect the property owners from loss or damage.

  2. Madison County has about 1,400 rental units. Landlords should consider acquiring Landlord Insurance, which protects both the property and the landlord from potential liability claims from renters.

  3. Tenants should get Renters Insurance to protect their belongings from any damage or loss. Renters' insurance typically covers valuables against theft as well as damage caused by fire, smoke, water, and vandalism. Some Madison County landlords may mandate renters insurance as a condition of the lease.

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

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Residential Insurance in Texas

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Madison County Health

Although not the worst in terms of health insurance when compared to its neighbors, Madison County has at least 1 out of every 4 adults, and roughly 12% of all children not having proper health insurance coverage.

With roughly 26% of adults uninsured, Leon County leads the neighboring counties, while Madison County takes the second spot with 24%. Brazos County has the lowest adult uninsured rate in the region, with 18%.

In Texas, Gaines County has the highest number of uninsured people at over 36%, while Loving County has the lowest rate at 11.4%. Texas' average adult uninsured rate was around 20.7% in 2021.

In Madison County, more than 1 out of every 5 adults has a health problem. That is over 2,600 Madison County residents.

About 28% of Madison County’s population do not engage in physical exercises.

The obesity rate (with a BMI of 30 or more) in Madison County is around 30% which is almost the same as Texas’ average of roughly 31%. Houston County has the lowest rate among nearby counties, with about 28% of its population suffering from obesity. In Grimes County, about 41% of the population is obese.

At least 4 health insurers in Madison County offer affordable and regularly subsidized ACA health insurance both on and off the state marketplace.

Health Insurance Analysis:

  1. Health insurance is the most important type of insurance, and almost 3 thousand Madison County residents do not have proper coverage.

  2. Texas is one of the states that allows different types of health insurance and additional goods to be sold. This makes it easier for Texans to choose the coverage that meets their unique needs (both physically and financially): 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. If low-income citizens can't afford health insurance, they should seek government subsidies, which can help them save a lot of money.

  4. If you don't have any pre-existing problems, Short-term insurance may be an option for you. (Note: Short term insurance may cover some pre-existing conditions after a year 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 to the Madison County residents.

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Health Insurance in Texas

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Madison County Mortality and the End of Life Statistics

Madison County's average life expectancy is 75.9 years, which is lower than the Texas average of 79.2. Brazos County has the highest life expectancy among neighboring counties, with an average of 80 years old. Presidio County has the longest life expectancy in Texas, with an average of 88.8 years, while Donley County has the lowest, with an average of 72.8 years.

In 2022 there were approximately 2,300 seniors (65 and older) residing in Madison County.

Life Insurance Facts:

  1. In 2022, 47% of Americans did not get any active life insurance policies.

  2. Life insurance premiums are calculated based on the insured's age at the start of the policy, among other factors. If you purchase life insurance while you are young, you will pay lower premiums over the length of the policy.

Motor Vehicle Fatalities in Madison County

Motor vehicle fatalities occur at a rate of 30.42 per 100,000 vehicles on the road in Madison County, or about 4 fatal crashes each year.

In 2020, the Texas Department of Transportation (TXDoT) reported 297 total crashes in Madison County, resulting in 6 fatalities. Alcohol has been found to be the major cause of fatal crashes in more than 11% of all traffic fatalities in Madison County.

Final Expenses – Madison County Funeral Home Cost

The cost of a funeral in Madison County varies substantially. Madison County has an average funeral cost of roughly $6,500 — which is higher than the state average of $6,200. Looking at the neighboring counties, Brazos County also has an average funeral cost of $6,500, while funeral homes in Walker County charge an average of $5,000.

In the entire state of Texas, Polk County has the highest average funeral cost at $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 less than $10,000 in savings, the cost of a simple funeral can be a concern, putting an unnecessary and often awful strain on family and friends. Rather than grieving over their loss, the family must focus on figuring out how to pay.

  2. Aside from the cost of burial, the deceased frequently leave behind taxes and other bills for the family to pay.

  3. Term Life Insurance and Final Expense Insurance are the most popular life insurance policies for covering "final expenses" up to $50,000.

  4. 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 health insurance agent licensed in the state of Texas for consultation and advice about health insurance in Madison County.

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

Life Insurance in Texas

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