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Montgomery County

Driving in Montgomery County

In Montgomery County, approximately 508,111 vehicles are registered for both commercial and private use. These registered vehicles account for approximately 2.17% of all registered vehicles in Texas.

In Montgomery County, over 300,000 adult drivers commute to work every day, with roughly two-thirds of those commutes lasting more than 30 minutes.

Over 20% of vehicles in Texas are uninsured, which means that there could be more than 100,000 uninsured or underinsured vehicles in Montgomery County.

In Texas, car insurance serves as "proof of financial responsibility," and driving without it is illegal.

Auto Insurance Analysis:

  1. More than 500,000 vehicles registered in Montgomery County are in need of auto insurance. The compulsory insurance may range from Private Auto, Commercial or Farm Auto, Auto Liability, Commercial Inland Marine, etc. The auto insurance may also depend on the type of a vehicle and its use.

  2. Longer daily commutes can raise auto insurance costs because they increase the amount of time a driver spends on the road. The longer the driver is on the road, the greater the chance of a car accident. To summarize, the level of risk influences the cost of auto insurance.

  3. The majority of Montgomery County residents drive alone, which increases traffic on the road and causes insurance premiums to rise.

  4. Because one out of every five drivers in Texas is either uninsured or underinsured, Uninsured Driver Coverage is becoming increasingly important. Texans spend over $900 million per year on Uninsured and Underinsured Motorist coverage.

Contact a Property & Casualty insurance agent licensed in the state of Texas if you need consultation and advice on Auto insurance in Montgomery County.

Montgomery County Housing

Just like the rest of Texas, where most homes are owner-occupied, Montgomery County's approximately 252,816 housing unit market is split between homeowners (71%) and renters (29%). The surrounding counties are mostly made up of owner-occupied homes also, with San Jacinto County leading the way with nearly 81% homeownership and Walker County coming in last with only 51%.

Overcrowding, a lack of plumbing, and/or poor kitchen conditions affect nearly 1 in every 7 housing units in Montgomery County.

Housing Insurance Analysis:

  1. Over 250,000 housing units in Montgomery County should be insured. All housing units should be covered by Homeowner's insurance to protect the owner's property against loss or damage (Homeowners or Condo). Apartment complexes and condo associations are covered by Business Property insurance.

  2. Over 70,000 housing units in Montgomery County are rentals, which property owners should insure with Landlord Insurance. Landlord insurance protects the property and its owner from potential liability issues.

  3. Tenants typically obtain Renters Insurance to protect their belongings from potential damage or loss. The standard Renter's Insurance protects the property from theft and damage caused by water, fire, smoke, and vandalism. Landlords may also require renter's insurance as a condition of the lease.

Contact a Property & Casualty insurance agent licensed in the state of Texas for consultation and advice on Homeowners insurance or Renters insurance in Montgomery County.

Montgomery County Health

In terms of health insurance rates, Montgomery County ranks lower than the state average. An estimated 17% of adults and children are uninsured. This figure is lower than the 20.7% state average (in 2021).

When it comes to residents without health insurance, Harris County and Waller County rank the highest among its neighboring counties, both posting an uninsured rate of near 24%. In contrast, Montgomery County has the lowest uninsured rate. Gaines County, on the other hand, has the highest uninsured adult rate in Texas, at nearly 36%, while Loving County has the lowest, at around 11%.

In Montgomery County, one 1 of every 6 adults has a health problem. Around 18% of the population is physically inactive, contributing to an obesity rate of about 29%, which is significantly lower than the Texas average of 32%. Gaines County has the highest obesity rate of any of its peer counties, at 41% of its total adult population. In contrast, Montgomery County is said to have the lowest obesity rate among its neighbors.

There are at least 4 insurers in Montgomery County that offer affordable and regularly subsidized ACA health insurance, in and out the state marketplace.

Health Insurance Analysis:

  1. Health insurance is the most important type of insurance, and nearly 100,000 Montgomery County residents do not have it.

  2. Texas is one of the states in the United States that provides a wider range of health insurance and supplemental product options, making Texas healthcare more accessible: ACA-compliant Group and Individual marketplace health insurance, various types of short-term insurance (up to 3 years in coverage), hospital indemnity, accident and health, and so on.

  3. Health insurance can be prohibitively expensive, particularly for those with low incomes, so they are advised to apply for government subsidies, which can significantly reduce the cost of insurance. Short-term insurance may be an option if you do not have any pre-existing conditions. (Please keep in mind that some multi-year short-term plans may cover specific pre-existing conditions after a full year of coverage.)

Contact a health insurance agent licensed in the state of Texas if you need consultation and advice on health insurance in Montgomery County.

Montgomery County Mortality and the End of Life Statistics

Montgomery County residents' average life expectancy is estimated to be around 79.6 years old, which is slightly higher than the Texas state average of 79.2 years old. Among the neighboring counties, Harris County has the longest life expectancy at 79.9 years old, while Liberty County has the shortest at 74.1 years old. Presidio County, on the other hand, has the highest average life expectancy in Texas, with an average lifespan of 88.8 years. Donley County has the lowest life expectancy, with a life expectancy of 72.8 years.

Montgomery County had nearly 87,000 senior (65 and older) residents on record as of 2022.

Life Insurance Facts:

  1. In 2021, 48% 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 at inception of the policy, so the younger you are when you obtain it, the more you can save in premiums over the course of the policy period.

Motor Vehicle Fatalities in Montgomery County

An estimated 59 fatal crashes occur on Montgomery County roads each year, at a rate of 11.78 per 100,000 vehicles on the road.

According to the Texas Department of Transportation (TxDoT), in 2020, Montgomery County had 8,527 crashes, with 56 fatalities. Alcohol was the leading cause of over 30% of all traffic fatalities.

Final Expenses - Montgomery County Funeral Home Cost

In Texas, a traditional funeral can cost anywhere between $5,000 and $12,000, with the price including basic service fees, casket, embalming, transportation, viewing, and burial. The average funeral cost in Texas is $6,200, while the average funeral cost in Montgomery County is $7,300.

Among the neighboring counties, Walker County tends to have the most affordable funeral services, at around $5,000, while Harris County has the most expensive, at $8,200.

Life Insurance Analysis:

  1. Nearly 46% of Americans die with less than $10,000 in life savings, which means that nearly 40,000 senior citizens in Montgomery County may be putting an unnecessary burden on their family and friends with basic funeral expenses. For example, instead of mourning the loss of their deceased loved ones, the family must find a way to pay.

  2. Aside from the cost of the burial, the deceased may have left taxes and debts for the family to deal with.

  3. Term Life Insurance and Final Expense Insurance are the most commonly used life insurance policies that cover "final expenses" up to $50,000.

  4. 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 life insurance agent licensed in the state of Texas if you need consultation and advice on life insurance in Montgomery County.