The roads that connect and go across the towns of Yoakum County are home to approximately 6,892 registered personal and commercial vehicles. This number represents 0.03% of all the vehicles in the entire state of Texas.
Roughly 74% of the drivers that commute to and from work daily are alone in their cars, and 1 out of 5 of these individuals are behind the wheel for at least half an hour.
With approximately 20% of the drivers in Texas uninsured, nearly 1,400 vehicles in Yoakum County alone could be uninsured or underinsured.
Yoakum County has nearly 7 thousand registered automobiles, and depending on the type of vehicle, and how it is utilized, car owners could purchase Ride-Sharing Coverage, Gap Coverage, Comprehensive Auto, and Commercial Transportation, among others.
Approximately 20% of Texas drivers are uninsured. Hence, Uninsured Driver Coverage is becoming more important. Texans spend nearly $900 million annually on Uninsured and Underinsured Auto Coverage costs.
In Texas, Auto Liability Coverage is mandated by state law, and driving without this coverage is a crime. Violators will be fined, and repeat offenders could have their vehicles seized, and their driving licenses revoked or suspended.
To get auto insurance advice in Yoakum County, contact an experienced Property & Casualty (P&C) insurance agent licensed in the state of Texas. Agents may have access to multiple insurers, and they can help you evaluate your needs.
There are around 3,080 housing properties inside Yoakum County, and approximately 78% of them are occupied by the families and individuals that own them, while only 22% are available for tenants to occupy.
Comparing the owner-occupied rates in the region, Yoakum and Cochran Counties both have the highest figure (both at 78%). While Gaines County has the second spot with a 77% owner-occupied rate, and Terry County has the lowest percentage with 70%.
Roughly 1 out of 7 homes in Yoakum County experience housing issues, overcrowding, poor plumbing, or kitchen-related problems. In nearly 15% of homes, residents allocate half of their income to housing expenses.
Around 3 thousand homes in Yoakum 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.
With about 1 thousand housing units in Yoakum County listed for rent, landlords are advised to purchase Landlord Insurance, which covers the property and any possible liability claims coming from the tenants.
Tenants obtain Renters Insurance to protect their personal belongings from damage or loss. The average cost of this coverage is usually quite affordable, and it covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Many landlords in Yoakum County include Renters Insurance as a requirement of the lease.
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 Yoakum County.
Over 26% of Yoakum County’s residents (or ≈2,000 residents) do not have proper health insurance coverage, and this percentage is higher than the state average of 21%. Compared to the neighboring counties, Yoakum and Terry counties’ adult uninsured rate is the lowest in the group, and Gaines County has the highest percentage at 36%. In fact, Gaines County’s adult uninsured rate is the highest in the state.
On the other end of the spectrum is Loving County, with only 11% of its residents not having proper health insurance.
Nearly 1 out of 4 residents in Yoakum County report problems with their health, which means that over 1,400 residents are in poor health.
Approximately 21% of the population does not exercise regularly, which is a significant factor that affects the residents’ health and fitness.
About 30% of Yoakum County’s residents are considered obese (with a BMI of 30 or more), and this rate is not too far from the state average of 31%. In the region, Gaines County has the figure with a 35% obesity rate, while Cochran County has the lowest at 27%.
At least 2 health insurers in Yoakum County offer affordable and frequently subsidized ACA health insurance on and off the state marketplace.
More than 2 thousand Yoakum County residents do not have proper health insurance coverage despite the fact that this is the most important type of insurance.
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.
Government subsidies are available for individuals who cannot afford health insurance coverage. They can reach out to a licensed health insurance agent for assistance regarding the application process.
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 Yoakum County.
The average life expectancy in Texas is around 79.2 years old, and Yoakum County’s average (78.2) is only a year shorter than this number. In the region, Gaines County has the longest life expectancy at 79 years old, and Yoakum County comes in a close second. Terry County has the shortest average at 74.7 years old.
Statewide, Presidio County has the highest average at 89 years, and Donley County has the shortest life expectancy rate at 73 years old.
In 2022, there were more than 1,000 seniors (65 and older) living in Yoakum County.
In 2021, 48% of Americans did not own any kind of life insurance coverage.
Life insurance premiums are affected by multiple factors, and age is among the most significant ones. As the potential policyholder grows older, the premiums go up. So taking out a policy as early as possible can save the insured a significant sum in the long run.
Approximately 17% of the adults in Yoakum County smoke, and this habit will definitely increase the life insurance premiums of these individuals by up to 4 times compared to non-smokers.
Whole Life Insurance also has a cash value component, meaning that after a stated period, the policyholder can use the funds to pay for premiums, emergency expenses, or a tax-free retirement income stream.
Motor vehicle fatalities in Yoakum County occur at a rate of 50.53 per 100,000 vehicles on the road, averaging 3 to 4 fatal crashes per year. Around 18% of the fatal car crashes in Yoakum County involved alcohol.
A traditional funeral in Texas can cost between $5,000 and $12,000, while the average across the state is around $6,200, which includes basic service fees, casket, embalming, transportation, viewing, and burial.
In the region, a traditional funeral in Gaines County will cost around $5,800, while $6,200 is the average price of a funeral in Terry County.
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.
With 46% of Americans dying with less than $10,000 in assets, the family and friends of the deceased may possibly have to delay their mourning process as they have to prioritize coming up with the money to pay for their loved one’s funeral.
The deceased could also possibly leave unsettled accounts 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.
Term Life Insurance and Final Expense Insurance are the most common life insurance policy types to cover "final expenses" up to $50,000.
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 Yoakum County and help lighten the load for your family - reach out to a Texas-licensed experienced 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.