Reeves County
Driving in Reeves County
Reeves County has an estimated 12,768 registered private and commercial vehicles, which accounts for 0.05% of all vehicles in Texas.
More than 81% of adult drivers in Reeves County drive alone to work, with over 2,084 of them commuting for 30 minutes or more.
It is estimated that 20% of Texas drivers are uninsured and over 2,000 vehicles in Reeves County alone are uninsured.
Auto Insurance Analysis:
Over 12 thousand vehicles registered in Reeves County need some type of insurance coverage. Depending on the type of vehicle and its use, the required insurance may be Private Auto, Commercial Auto, Comprehensive Coverage, Commercial Transportation, Inland Marine, etc. Auto Liability, on the other hand, is required by Texas law.
With 1 out of 5 drivers uninsured in Texas, Uninsured Driver Coverage becomes increasingly important. Texans spend nearly $900 million annually to pay for Uninsured and Underinsured Auto Coverage.
To discuss your auto insurance in Reeves County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas.
Reeves County Housing
Like the majority of Texas, where the majority of homes are owner-occupied, Reeves County's estimated 4,797 housing unit market favors homeowners (72%) over renters (28%). The bordering counties are mostly made up of owner-occupied homes as well, with Jeff Davis County leading the way with an 82% owner-occupied rate, while Loving County trailing behind with 63% of its residential real estate inhabited by the families or individuals that own them.
13% of housing units in Reeves County experience housing problems, overcrowding, issues with plumbing, or with the kitchen. In approximately 15% of homes, residents spend more than 50% of their income on housing.
Housing Insurance Analysis:
Almost 5 thousand dwelling units need insurance in Reeves County. Home and condo owners should at the very least have Homeowners or Condo Insurance to protect themselves against property loss or damage.
With over 1,000 rental units in Reeves County, owners of those properties are generally advised to purchase Landlord Insurance, which protects the property as well as the landlord from potential liability claims brought by renters. Apartment complexes are covered by Business Property insurance.
Tenants can protect themselves by purchasing Renters Insurance, which is substantially less expensive than homeowner's insurance because it only covers the renter’s property. Property theft/loss, vandalism, smoke, sewer backup damage, water, and fire are all covered by renters' insurance. It also protects a tenant from being held liable if someone is injured on the premises.
Discuss your Home insurance needs and options with a state-licensed Property & Casualty (P&C) insurance professional. A Texas P&C insurance agent analyzes your needs, researches viable options of coverage, explains the subtleties between the possible options, and assists you with the application process. The agent usually continues to be the client’s preferred link to the insurer, for the duration of the policy.
Reeves County Health
In Reeves County, approximately 22% of adults do not have proper health insurance. It is a percentage point higher than the state average (≈21%). Among its neighbors, Jeff Davis County has the highest rate of uninsured adult residents (27%), while Loving County has the lowest with 11%. In fact, Loving County’s figure is the lowest across Texas, and Gaines County has the highest at 36%.
Approximately 28% of the Reeves County population are in poor health, this represents over 3,500 residents reporting problems with their health.
About 1 in 4 residents of Reeves County population do not participate in physical exercise activities.
Around 29% of the Reeves County residents are considered obese (with a BMI of 30 or more), which is less than the Texas average of 31.4%. Among the neighboring counties, Jeff Davis County reports the lowest obesity – at 26% of the residents. On the other hand, Pecos County has the highest at 39%.
At least 2 health insurers in Reeves 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 and over 3,000 residents of Reeves County lack this necessity.
Texas is among the states that allow the sale of multiple types of health insurance and supplemental products. This makes it easier for Texans to obtain coverage that fits their specific needs (both medically and financially): Marketplace ACA health insurance, Various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity, Accident & Health, etc.
If you do not have pre-existing conditions, Short term insurance may be an option. (Note: 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 in Reeves County.
Reeves County Mortality and the End of Life Statistics
The average life expectancy for the residents of Reeves County is around 78.3 years old, which is lower than the Texas average of 79.2. Among Reeves County neighbors, the county with the highest life expectancy is Jeff Davis County with 84.2. The county with the lowest life expectancy among its neighbors is Ward County with 75.7. The highest life expectancy in the state of Texas is seen in Presidio County at 88.8, and the lowest expected life span is in Donley County, at 72.8 years old.
In 2022 there were 1,908 seniors (65 and older) residing in Reeves County.
Life Insurance Facts:
In 2022, 47% of Americans did not have an active life insurance policy of any type.
Life insurance premiums are based on the age of the insured when the policy begins. The younger you are when you get it, the more you save in premiums over the course of the policy.
Motor Vehicle Fatalities in Reeves County
Motor vehicle fatalities in Reeves County statistically occur at a rate of 32.41 per 100,000 vehicles on the road: approximately 4-5 fatal crashes per year.
In 2020, the Texas Department of Transportation (TxDoT) reported 422 crashes in Reeves County. 10 crashes resulted in 13 fatalities. Alcohol has been determined to be the primary cause of fatal crashes in Reeves County in almost 16% of all driving fatalities.
Final Expenses – Reeves County Funeral Home Cost
The average price of a funeral in Reeves County is almost $7,500, which is the highest cost in the surrounding area. Among the neighbors of Reeves County, Pecos County also has the same average price as Reeves County.
Across 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:
With 46% of Americans dying with savings of less than $10,000, Reeves County senior residents could be placing an unnecessary and frequently unbearable financial burden on family and friends. Instead of grieving their loss, the family must concentrate on finding a way to pay. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)
Besides the burial costs, the deceased frequently leave taxes and other debt behind for the family to take care of.
The most frequently used life insurance policies to cover “final expenses” up to $50,000 are: Term Life Insurance and Final Expense Insurance.
The most commonly used life insurance policies to leave money to the family are the variations of: Term Life Insurance and Cash Value insurance, such as Whole Life insurance, Indexed Universal Life (IUL) insurance, and Final Expense.
Speak with a knowledgeable Texas-licensed insurance professional about life insurance options in Reeves County.
