Menard County
Driving in Menard County
Menard County is home to an estimated 1,673 private and commercial vehicles. This number accounts for approximately 0.007% of all vehicles registered in the entire state of Texas.
Approximately 66% of adult drivers in Menard County drive to work alone, and more than one-fourth of those commutes last for over 30 minutes.
It is estimated that 20% of Texas drivers are uninsured and about 300 vehicles in Menard County alone are uninsured.
Auto Insurance Analysis
Nearly 2 thousand,000 vehicles registered in Menard County need insurance coverage. Liability coverage is required for all vehicles on the road, to protect others from damages arising from accidents. The required insurance depends on the type of vehicle and its use. Some automotive insurance that residents may avail of are: Private Auto, Farm Auto, Comprehensive Coverage, Farm Transportation, Inland Marine, and more.
Virtually all of Menard County is rural, and 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 a collision with a deer is in November. Due to this, Menard county residents should consider Comprehensive Auto Coverage, which helps with the cost of repairing the car after hitting an animal.
Uninsured Driver Coverage becomes increasingly important where 1 out 5 drivers in Texas are uninsured. Residents spend nearly $900 million annually to pay for Uninsured and Underinsured Auto Coverage.
For consultation and advice on Auto insurance in Menard County, contact a Property & Casualty (P&C) insurance agent licensed in Texas.
Menard County Housing
Majority (62%) of homes in Texas are owner-occupied. Similarly, Menard County’s approximately 1,745 housing unit market is composed of 69% homeowner-occupied units and 31% rented units. The neighboring counties largely consist of homes occupied by owners as well, with Schleicher County leading at almost 79% owner-occupied rate and around 21% of homes available for or inhabited by tenants.
13% of housing units in Menard County experience housing problems due to overcrowding, issues with plumbing, or kitchen-related issues. In approximately 15% of homes, residents spend more than half of their income on housing.
Housing Insurance Analysis
Nearly 2 thousand housing units in Menard 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 possible loss or damage.
With over 500 rented housing units in Menard County as rentals, landlords obtain Landlord Insurance, which covers the property itself and from possible liability claims arising from the tenants and their guests.
To protect their belongings from damage or loss, tenants apply for Renters Insurance coverage. On average, it is inexpensive and it usually covers the tenant from theft and property damages caused by fire, smoke, water, and vandalism. Some landlords may require Renters insurance as a condition of the lease.
For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of insurance in Menard 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 and provides you with locally available coverage plans that fit your needs, explains to you the differences between the options and how they will affect you once you start using each insurance product, and assists you with the application process. The agent’s service is usually paid by the insurer, which will not affect the cost of insurance for the insured.
Menard County Health
Proper health insurance coverage rate in Menard County is among the worst rated in the nation and one of the worst among its immediate neighbors. More than 27% (≈1 in 4) of Menard County residents under 65 years old do not have proper health insurance coverage. Among the neighboring counties, Mason County (over 28%) has the highest adult uninsured rate, while Tom Green County (over 16%) has the lowest adult uninsured rate. In the state of Texas, the highest uninsured adult rate is in Gaines County, at nearly 36%, while the lowest rate is observed in Loving County at just 11.4%. In 2021, the average adult uninsured rate in Texas was around 21%.
More than 1 in 5 adults in Menard County report problems with health.
Over 25% of the Menard County population do not participate in physical exercise activities.
Around 28% of the Menard County residents are considered obese (with a BMI of 30 or more), which is lower than the Texas average of 31.4%. Among the neighboring counties, Concho County reports the lowest – at 18% of the residents, while 29% of adults from Kimble County and Tom Green County may be considered obese.
At least 4 health insurers in Menard County offer affordable and frequently subsidized ACA health insurance, on and off the state marketplace.
Health Insurance Analysis
Health insurance is the most important insurance coverage. However, more than 400 residents of Menard County lack this necessity.
Unlike other states, Texas allows the sale of multiple types of health insurance and supplemental health insurance. This makes it convenient for Menard County residents to obtain coverage that fits their specific needs (both medically and financially). They can choose fromGroup or Individual Marketplace ACA health insurance, various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity insurance, Accident & Health, etc.
If health insurance is a luxury, low-income consumers are generally advised to apply for government subsidies, which can substantially lower the cost of insurance.
Short-term health insurance may provide alternative cost-savings plans if you do not have pre-existing conditions. (*Some Texas multi-year short term health insurance plans may cover certain 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 to the Menard County residents.
A Texas health insurance agent analyzes your needs and restrictions, researches and provides you with locally available coverage plans that fit your needs, and explains to you the differences between the options and how they will affect you once you start using each insurance product. The agent assists you with the application process and at any time you need to make a change to the policy or shop for replacement coverage.
Menard County Mortality and the End of Life Statistics
The average life expectancy for the residents of Menard County is around 75.5 years old, which is lower than the Texas average of 79.2. Among the neighboring counties, Sutton County shows a longer life span, at 83.3. while Menard County and Kimble County (75.3 years) have the shortest life spans. Across all of Texas, Presidio has the highest life expectancy at 88.8, while Donley County has the lowest expected life span at 72.8 years old.
Life Insurance Facts
In 2022, 47% of Americans did not own any type of active Life insurance policy.
Life insurance premiums factor in the age of the insured when the policy begins, among other things. The younger you get life insurance, the more you save on premiums over the course of the policy.
Approximately 17% of the adults in Menard County smoke, and this habit will definitely increase the life insurance premiums of these individuals by up to 4 times compared to non-smokers. A smoker’s life expectancy is deemed shorter, making them more of a risk than non-smokers.
Motor Vehicle Fatalities in Menard County
In 2020, the Texas Department of Transportation (TxDoT) reported 53 crashes in Menard County, with a resultant 1 fatality.
Final Expenses – Menard County Funeral Home Cost
Funeral expenses in and around Menard County vary drastically. The average price of a funeral in Menard County is around $3,300, which is the lowest cost in its region. Among the neighbors of Menard County, Tom Green County reports the highest average funeral cost of almost $7,700 - significantly higher than the state’s average of $6,200. Funeral homes in McCulloch County, on the other hand, tend to cost around $5,500.
Compared with the rest 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
Considering that 46% of Americans die with savings of less than $10,000, some Menard 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 find a way to pay for the services. (Note: If funeral services are paid using life insurance, most funeral homes require the policy to be “assignable” to other beneficiaries.)
Apart from the burial costs, the family has to pay for taxes and other debts incurred by the deceased.
Term Life Insurance and Final Expense Insurance are popular life policies that cover "final expenses" up to $50,000. Speak to a licensed agent about senior life insurance options.
The usual life insurance policies to leave money to the family are variations of: Term Life Insurance and Cash Value insurance, such as Whole Life insurance, Indexed Universal Life (IUL) insurance, and Final Expense.
To learn more on life insurance options in Menard County, discuss with a state-licensed and experienced life insurance professional who has access to multiple insurers for comparison.
