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Stephens County

Driving in Stephens County

There are over 23 million vehicles that are registered in Texas, and around 7,355 (0.03% of total) automobiles can be found in Stephens County. This number accounts for 0.03% of automobiles registered for commercial and personal use in the state.

Approximately 85% of the vehicles used to commute to work only transport the driver and no one else. Roughly 1 out of 5 of these trips take half an hour to reach their destination, contributing to traffic congestion.

Over 1,400 vehicles in Stephens County alone are possibly driven illegally, as 20% of the automobiles in Texas are uninsured.

Auto Insurance Analysis:

  1. Stephens County has over 7 thousand registered automobiles, and they all need auto insurance coverage. Gap Coverage, Ride-Sharing Coverage, Comprehensive Auto, and CommercialCommerical Transportation are only a few of the options that car owners can choose from depending on what vehicles they own and how they utilize them.

  2. Uninsured Driver Coverage is becoming more and more important since 1 out of 5 drivers in Texas does not have auto insurance. Texans spend nearly $900 million annually on Uninsured and Underinsured Auto Coverage costs.

  3. Auto Liability is required by Texas law, and drivers caught operating a vehicle without one will be fined. If they are a repeat offender, their license may be revoked or suspended, and their vehicle could also be impounded.

To get auto insurance advice in Stephens County, contact an experienced Property & Casualty (P&C) insurance agent licensed in the state of Texas.

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Car Insurance in Texas

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Stephens County Housing

In Stephens County, roughly 8 out of 10 (or 82%) of its 4,983 housing properties are occupied by the owners. This is considerably higher than the owner-occupied rate of the majority of Texas at 62%. This percentage is the highest figure in its region, and people looking for a place to rent in this county may face difficulties finding a property listed for rent.

Looking at Stephens County’s neighbors, Shackelford comes in a close second with an 80% owner-occupied rate, while Palo Pinto and Throckmorton counties have the lowest figure with 73% of the homes inhabited by the owners.

Approximately 13% of homes in Stephens County experience various housing problems like overcrowding, substandard plumbing, or kitchen-related issues. In nearly 15% of homes, residents allocate half of their income to housing expenses.

Housing Insurance Analysis:

  1. Nearly 5 thousand homes in Stephens 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 properties from damage or even total loss.

  2. With almost 1 thousand housing units in Stephens County listed for rent, landlords are advised to purchase Landlord Insurance, which covers the property and any possible liability claims from the tenants.

  3. Tenants secure Renters Insurance, which is quite inexpensive, to protect their belongings from damage or loss. The policy covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Many landlords in Stephens County include Renters Insurance as a lease condition.

Contact a Property & Casualty (P&C) insurance agent licensed in the state of Texas for advice and consultation about Homeowners, Renters, Flood, Condo, and other kinds of home insurance in Stephens County.

A Texas P&C Insurance Agent:

  • analyzes what you need and what your restrictions are,
  • researches the right plans that will address your needs,
  • provides you with the available options of coverage,
  • highlights the differences in the options’ effects once you start using each insurance product
  • helps with the application process
  • does not affect your cost of insurance (The agent’s service is usually paid by the insurer)
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Residential Insurance in Texas

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Stephens County Health

Approximately 1 out of 4 (or 24%) of Stephens County’s adult population under 65 years old do not have proper health insurance coverage. This figure is worse than the state average of 21%, or roughly 1 out 5 residents.

Looking at the region, Stephens, Young, Eastland, and Throckmorton counties all have a 24% adult uninsured rate, while Palo Pinto and Shackelford counties have a 23% average for this category.

In Texas, Gaines County has the highest figure for this demographic at 36%. On the other end of the spectrum is Loving County, with only 11% of its residents not having proper health insurance.

Around 24% of the residents in Stephens County report problems with their health. This translates to nearly 1,800 residents.

It is estimated that approximately 29% of the population in Stephens County does not exercise regularly, which is probably one of the reasons why 35% of its residents are considered obese (with a BMI of 30 or more).

Among the neighbors, Palo Pinto County has the highest obesity rate at 41%. This means that 2 out of 5 residents in Palo Pinto County have a BMI of at least 30. Throckmorton County, on the other hand, has a 24% obesity rate (roughly 1 out of 4).

There are at least 2 health insurers in Stephens County that offer affordable and frequently subsidized ACA health insurance on and off the state marketplace.

Health Insurance Analysis:

  1. Almost 2 thousand Stephens County residents do not have proper health insurance coverage despite the fact that this is the most important type of insurance.

  2. The sale of multiple types of health insurance and supplemental products is permitted in Texas, which makes the shopping process for the best coverage that fits your specific needs (both medically and financially) much easier. Texans can get coverage through 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. Those who cannot afford the out-of-pocket costs of health insurance can apply for government subsidies that can significantly lower or even eliminate these costs.

  4. Short-Term Insurance is another way to save money if you do not have any pre-existing conditions. (If you have had your policy for a year or more, pre-existing conditions may be covered by some Texas multi-year short-term health insurance.)

Discuss your health insurance needs with a state-licensed Texas health insurance professional to go over your best health insurance options in Stephens County.

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Health Insurance in Texas

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Stephens County Mortality and the End of Life Statistics

The average life expectancy of all Texans is 79.2 years old, and Stephens County residents are not too far from this figure, with an average of 76.4 years. In the region, Shackelford County has the longest life expectancy with an 82.3-year average, and Young County, incidentally, has the shortest figure at 74.9 years old.

Statewide, Presidio County has the highest average at 89 years, and Donley County has the lowest life expectancy rate at 73 years old.

In 2022, there were approximately 1,800 seniors (65 and older) living in Stephens County.

Life Insurance Facts:

  1. In 20221, 48% of Americans did not own any kind of life insurance coverage.

  2. A person’s age is correlated with their life insurance premiums rates. If the age goes up, so do the premiums. This is why young adults are advised to take out a policy as early as possible to save a considerable sum in the long run.

  3. Approximately 1 out of 5 adults in Stephens County smoke, and this means that over 1 thousand residents could pay life insurance premiums that are 4 times more expensive than a non-smoker’s. Smoking greatly affects the cost of life insurance as it is considered a risky habit for insurance carriers.

  4. Whole Life Insurance also has a cash value component, meaning that after a stated period, the policyholder can use the funds to borrow against, for emergency expenses, or as a tax-free retirement income.

Motor Vehicle Fatalities in Stephens County

Motor vehicle fatalities in Stephens County occur at a rate of 27.22 per 100,000 vehicles on the road, averaging 2 fatal crashes per year.

In 2020, the Texas Department of Transportation (TxDoT) reported 106 crashes in Stephens County, which led to 2 fatalities. Around 14% of the fatal car crashes in Stephens County involved alcohol.

Final Expenses – Stephens County Funeral Home Cost

A traditional funeral in Stephens County will cost a family around $6,500, which is a little bit more expensive than the average cost in Texas ($6,200). In the area, Shackelford County has the most expensive average at $6,700, while Eastland County is at par with the state average of $6,200.

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 assets, thiswhich presents a problem for the family and friends of the deceased as they will have to set aside their mourning to come up with the money to pay for the funeral.

  2. Aside from the funeral costs, the deceased often leave unsettled debts and unpaid taxes for their family to deal with. Understandably, this adds to the family’s financial woes, given that they are already spending a large sum on the funeral.

  3. Term Life Insurance and Final Expense Insurance are the most common life insurance policy types to cover "final expenses" up to $50,000.

  4. There are different kinds of insurance policies that can help the bereaved family through financial assistance. Such life insurance policies can be Term Life Insurance and variations of Permanent Life Insurance: Whole, Indexed Universal Life, and others.

To get advice regarding life insurance in Stephens County and help lighten the load for your family - reach out to a Texas-licensed knowledgeableexperienced life insurance agent with access to multiple insurers. Such an agent can help you evaluate your needs and then offer you multiple solutions to fill them.

The use of a Texas insurance agent typically does NOT incur additional costs to the insured.

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

Life Insurance in Texas

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