Parker County has approximately 120,710 vehicles registered for both commercial and private use. These registered vehicles account for approximately 0.5% of all registered vehicles in Texas.
Almost 77,000 adult drivers in Parker County commute to work every day, with approximately 3-5 of those commutes lasting more than 30 minutes.
Over 20% of Texas vehicles are uninsured, which means Parker County could have over 24,000 uninsured or underinsured vehicles.
In Texas, having car insurance is required as "proof of financial responsibility," and driving without it is illegal.
More or less 120,000 vehicles registered in Parker County are in need of auto insurance. The compulsory insurance may range from Private Auto, Commercial or Farm Auto, Commercial Inland Marine, etc. The auto insurance may also depend on the type of a vehicle and its use. Auto Liability coverage is required for every behice on the road.
Longer daily commutes can raise auto insurance rates by increasing the amount of time a driver spends behind the wheel. The longer a driver drives, the more likely he or she will be involved in a car accident.
The majority of Parker County residents drive alone, which contributes to traffic congestion and raises insurance rates.
Because one out of every five drivers in Texas is uninsured or underinsured, uninsured driver coverage is becoming increasingly important. Texans spend more than $900 million per year on Uninsured and Underinsured Motorist coverage.
If you need consultation and advice on Auto insurance in Parker County, contact a Property & Casualty insurance agent licensed in the state of Texas.
Parker County's approximately 54,437 housing unit market is split between homeowners (79%) and renters (21%), similar to the rest of Texas, where most homes are owner-occupied. The Texas state average for homeowners and renters is close to a 5-3 ratio (62/38). The surrounding counties are mostly made up of owner-occupied homes as well, with Parker County having the highest homeownership and Tarrant County having the lowest with only 61%.
Overcrowding, a lack of plumbing, and/or unsanitary kitchen conditions affect nearly one out of every eight housing units in Parker County.
Parker County's health uninsured rates are lower than the state average. Uninsured adults and children make up approximately 17% of the population. This figure is significantly lower than the 20.7% state average (in 2021). Palo Pinto County has the highest uninsured rate among neighboring counties, with approximately 23% of residents without proper health insurance. Parker County, on the other hand, has the lowest rate of uninsured residents. Gaines County has the highest rate of uninsured adults in Texas, approaching 36%, while Loving County has the lowest, around 11%.
One out of every six adults in Parker County has a health problem. Approximately a quarter of the population does not engage in physical activity, contributing to almost 1/3 of the population being obese, which is similar to the Texas average of 32%. Wise County has the highest obesity rate of any peer county, accounting for a staggering 45% of the adult population. Tarrant County, on the other hand, is said to have the lowest obesity rate among its neighbors, projected at 30%.
In Parker County, at least 2 insurers provide affordable and regularly subsidized ACA health insurance, both in and out of the state marketplace.
The most essential type of insurance is health insurance, and over 22,000 Parker County residents do not have it.
Texas is one of the states in the country that offers a broader 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.
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. (Keep in mind that some multi-year short-term plans may cover specific pre-existing conditions after a full year of coverage.)
If you need consultation and advice on health insurance in Parker County, contact a Texas-licensed health insurance agent.
Parker County's average lifespan is estimated to be around 78.6 years old, which is slightly lower than the Texas state average of 79.2 years old. Tarrant County has the highest life expectancy among neighboring counties, at 79.3 years old, nearly a year older than Parker County, and Wise County on the other hand, has the lowest, at 76.5 years old. Presidio County has the state's highest average life expectancy, at 88.8 years. Donley County has the lowest life expectancy, with a life expectancy of 72.8 years.
Parker County had nearly 24,000 senior (65 and older) residents on record as of 2022.
In 2021, 48% of Americans did not have any type of active life insurance policy.
Life insurance premiums are based on the insured's age at the start of the policy, so the younger you are when you get it, the less you will have to pay in premiums over the course of the policy period.
Approximately 23-24 fatal crashes occur on Parker County roads each year, at a rate of 19.24 per 100,000 vehicles on the road.
In Texas, a traditional memorial service can cost between $5,000 and $12,000, which includes the basic service fees, casket, embalming, transportation, viewing, and burial. The average memorial service cost in Texas is $6,200, while the average memorial service cost in Parker County is $9,000. Hood County has the most affordable memorial service costs (near $5,000) among neighboring counties, while Parker County has the most expensive memorial service costs.
Nearly 46% of Americans die with less than $10,000 in life savings, which means that over 11,000 Parker County senior citizens may be putting an undue burden on their family and friends with basic funeral expenses. For example, rather than mourning the loss of a loved one, the family must find a way to pay.
Aside from burial expenses, the deceased may have left behind taxes and debts for the family to deal with.
Term Life Insurance and Final Expense Insurance are the most commonly used life insurance policies that cover "final expenses" up to $50,000.
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.
For consultation and advice on life insurance options available in Parker County, contact a knowledgeable and state-licensed life insurance professional with access to multiple insurers and insurance plans to fit a variety of needs.