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Escambia County

Driving in Escambia County

Approximately 266,985 private and commercial vehicles traverse the busy roads of Escambia County daily, and this fleet of vehicles represents about 1.48% of all the registered vehicles in Florida.

Only the driver is being transported in roughly 3 in 4 Escambia County vehicles used for daily commutes to work, and about 25% of these vehicles spend more than 30 minutes on the road.

About 1 in 5 Florida-based drivers do not have auto insurance coverage, and this implies that around 53,000 vehicles in Escambia County could possibly be uninsured or underinsured. Aside from this, around every 4th traffic accident in Escambia County is a hit and run.

Motor Vehicle Crashes in Escambia County

Deaths caused by vehicular collisions in Escambia County statistically occur at a rate of 17.17 per 100,000 vehicles on the road: approximately 46 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported 6,608 crashes in Escambia County: 74 fatal crashes that caused 78 deaths (including 8 motorcyclists). Studies have shown that in 22% of traffic-related fatalities, alcohol was a significant factor.

Auto Insurance Analysis

  1. Roughly 267 thousand vehicles registered in Escambia County are required to have at least the mandatory coverages. Basic Liability and Personal Injury Protection (PIP) coverages are required for all vehicles on the road to protect others from the damage you may cause in an accident. Aside from the mandatory minimum, the vehicle type and its use may prompt vehicle owners to purchase additional coverage such as: Private Auto, Non owners car insurance, Gap, Inland Marine, Commercial Auto, Short term car insurance, and so on.

  2. About 152 thousand individuals operating a separate vehicle in one area increases insurance premium rates. The more vehicles using Escambia County roads at the same time, the higher the likelihood of a vehicular collision.

  3. Roughly 49 thousand Escambia County residents are on the road for extended periods, which increases their auto insurance premiums. The more time a driver spends on the road, the higher the possibility of getting involved in a traffic accident.

  4. With every 4th crash as a hit-and-run and with 20% of drivers uninsured, Uninsured Driver Coverage remains essential for Escambia County residents.

To discuss your auto insurance needs in Escambia County, contact a knowledgeable Property & Casualty (P&C) insurance agent licensed in the state of Florida.

Escambia County Housing

Escambia County’s estimated 146,640 homes are mostly inhabited by the owners, at a rate of 62% — close to the Florida average of 65%. This means that around 4 out of 10 homes in Escambia County are rentals. Escambia County’s neighbor, Santa Rosa County has a higher homeowner-occupied rate at 78%.

About 13% of the homes in Escambia County encounter housing problems, overcrowding, substandard plumbing, or kitchen problems. In 1 out of 4 homes, residents dedicate more than 50% of their income to housing expenses.

Housing Insurance Analysis

  1. Around 147 thousand residential units in Escambia County need insurance coverage. At a minimum, all owners of these properties ought to have Homeowners, Condo insurance, and/or Business property insurance (for apartment complexes) to protect the underlying financial investment from possible loss or damage.

  2. With approximately 55 thousand homes in Escambia County as rentals, landlords take out Landlord Insurance, which covers the property itself and the possible liability claims arising from the tenants and their guests.

  3. Renters insurance Pensacola: Tenants buy Renters Insurance coverage to protect their belongings from possible damage or loss. Typically, renters’ insurance is affordable and usually covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Some landlords in Escambia County may require Renters Insurance before putting pen to paper on a lease.

  4. Escambia County is located on the coast, not far from one of the main hurricane formation areas in the Atlantic Ocean. Hurricanes bring in primarily wind and flood damage. The highest probability of a hurricane occurrence in Escambia County is between early June and the end of November. Every Florida resident should be aware of the procedures and safeguards set in place by the local County and State agencies. All homeowners, landlords, and renters in Escambia County need to maintain appropriate insurance coverage to protect their property against possible loss and damaged property from wind and water.

For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of property insurance in Escambia County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Florida.

A Florida P&C insurance agent:

  • analyzes your needs and restrictions,

  • reviews your current policy, to make sure that the coverages are reflective of the current needs and housing market- helps to update, if needed,

  • checks for available savings and bundling discounts,

  • researches the locally available plans that fit your needs,

  • provides you with the available options of coverage,

  • explains how the differences between the options affect you once you start using each insurance product

  • assists you with the application process

  • does not affect your cost of insurance. (agent’s service is usually paid by the insurer)

Escambia County Health

About 16% of Escambia County’s adults lack proper health insurance coverage, and this percentage is not far from Florida’s average of 19%. Escambia County’s next-door neighbor, Santa Rosa County, has a 14% uninsured adult rate. Across Florida, Hendry County has the highest figure at 35%, while St. Johns County has the lowest rate at 13%.

Approximately 1 out of 5 (≈60,000) Escambia County residents experience health issues. This is partially due to the fact that among the adult population, 20% smoke, 21% drink too much alcohol, and around 29% of the residents do not exercise regularly, even though 73% of the population have access to places where physical exercise can be done.

The fact that more than a quarter of Escambia County’s residents do not exercise regularly contributes to Escambia County’s 29% obesity rate (BMI of 30 or more) — this rate is higher than the Florida average of 27%. Santa Rosa County has 31% of its population considered obese.

In 2022, there were 14 health insurers in Escambia County offering affordable and frequently subsidized ACA health insurance on the Florida health marketplace.

Health Insurance Analysis

  1. Health insurance is the most important type of insurance coverage as its function is to pay for expenses that keep you alive and healthy. But despite this fact, over 43 thousand residents (below 65 years old) of Escambia County do not have proper health insurance coverage.

  2. Florida residents have the ability to purchase multiple types of major medical health insurance and supplemental plans that pick up the slack for the main policy. This makes it easier to obtain coverage that fits each individual’s specific needs (both medically and financially): Group or Individual Marketplace ACA health insurance, Various types of Short Term insurance (up to 3 years in coverage), Hospital Indemnity, Critical Illness, Accident & Health, etc.

  3. Low-income Escambia County residents who cannot afford health insurance can apply for government-funded assistance programs to significantly lower the out-of-pocket cost of health insurance.

  4. If you do not have pre-existing conditions, short-term insurance may provide an alternative saving path. (* Some Florida 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 knowledgeable state-licensed Florida health insurance professional with access to a variety of health insurance options available to Escambia County residents. Offerings of health insurance may differ between zip codes.

A Florida health insurance agent: analyzes your needs and restrictions, researches the locally available plans that fit your needs, provides you with the available options of coverage, and explains how the differences between the options affect you once you start using each insurance product. The agent assists you with the application process, and at any time you need to make a change to the policy or shop for replacement coverage.

Escambia County Mortality and the End of Life Statistics

The average life expectancy in Florida is 80.1 years old, and Escambia County’s average is around 5 years shorter at 75.3 years. Santa Rosa County residents are expected to live longer than compared to those who call Escambia County their home, with an average life span of 77.7 years.

In Florida, Collier County has the longest life expectancy average at 86 years old, and Union County has the shortest at 69 years.

In 2022 there were approximately 55,000 seniors (65 and older) residing in Escambia County.

Life Insurance Facts

  1. In 2022, 47% of Americans did not have an active life insurance policy of any type.

  2. The higher the age of a life insurance applicant, the higher their premiums will be. This is why young adults are generally advised to secure a policy as early as possible, to save money on premiums.

  3. Roughly 20% of the adults in Escambia County smoke, and this habit will likely negatively affect the life insurance premiums of over 51,000 adults by up to 4 times compared to non-smokers. A smoker is considered more susceptible to developing fatal diseases that make them a higher risk to life insurance carriers.

  4. Permanent Life Insurance also has a cash value component, which can be used while the insured is still alive. The Living Benefits allow you to borrow against the policy for emergency expenses, to draw on as a tax-free retirement income, or to pay for insurance premiums.

Escambia County - Funeral Expenses Statistics and Analysis

A traditional funeral in Escambia County can cost around $6,000, which is not that far from the Florida average of $5,900. Santa Rosa County also has a $6,000 funeral cost average. Across Florida, Collier County has the most expensive funeral cost average at $9,600, while Putnam County and DeSoto County have the lowest, both at around $4,600.

Life Insurance Analysis

  1. With 46% of Americans dying with savings of less than $10,000, the family and friends of approximately 25 thousand Escambia County senior residents may have to put their grief on hold to make sure that the funeral expenses will be settled. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)

  2. Aside from the funeral cost, the departed often leave outstanding loans and taxes for the family to deal with, which adds more to the family’s financial problems.

  3. In most cases, Term Life Insurance and Final Expense Insurance can help cover “final expenses” with a death benefit of up to $50,000.

  4. 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, Universal Life insurance types, and Final Expense (FE).

To get advice regarding life insurance in Escambia County and help lighten the load for your family after your passing - reach out to a Florida-licensed, knowledgeable life insurance professional who has access to multiple insurers and plan types for comparison on a case-by-case basis.

Escambia County - Business

Commercial insurance needs vary between each of the over 9 thousand business establishments in Escambia County. The three largest job-creating sectors, accounting for approximately 51% of all employment in 2020 were:

  • Professional and Business Services (18.1%)

  • Manufacturing (18.0%)

  • Government (15.0%)

Commercial Insurance Analysis

  1. Close to 2 thousand professional services and consulting businesses in Escambia County can benefit from professional liability insurance, also known as Errors and Omissions insurance (E&O insurance). E&O insurance protects their clients in case the professional advice they give causes damages or losses.

  2. Manufacturing businesses usually require insurance coverage for:

    • Employees’ health and welfare

    • Production facilities, tools, supplies, and other property

    • Product liability coverage to protect the company itself if their product hurts the consumer, etc.

To assess your business insurance needs in Escambia County, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers and premium financing options.