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Gadsden County

Gadsden County Driving Statistics and Analysis

Gadsden County's roads are home to about 36,380 personal and commercial vehicles. This number is equal to about 0.2% of all the cars that are registered in the state of Florida.

Nearly 86% of adult drivers in Gadsden County commute to work by themselves, and more than half of those commutes last for more than half an hour.

With an estimated 20% of Florida drivers uninsured, about 7,300 vehicles in Gadsden County alone could be uninsured or underinsured.

Nearly every fifth crash in Gadsden County is a hit-and-run.

Motor Vehicle Crashes in Gadsden County

In Gadsden County, automobile fatalities statistically occur at a rate of 21.73 per 100,000 vehicles on the road, resulting in around 8 fatal crashes yearly.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported over 902 crashes in Gadsden County: 11 fatal crashes, with a resultant 11 deaths (including 1 motorcyclist and 2 pedestrians). Alcohol is determined as the main factor for the fatal crashes in Gadsden County in an estimated 39% of all driving fatalities.

Auto Insurance Analysis

  1. Nearly 40 thousand vehicles registered in Gadsden County need insurance coverage. 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. Depending on the type of vehicle and its use, the additional required insurance may be: Private Auto, Commercial Auto, Comprehensive Coverage, Commercial Transportation, Inland Marine, Gap, Ride-sharing, Short term car insurance, and so on.
  2. More than half of Gadsden County is rural, and although vehicles that utilize rural roads are less susceptible to vehicular collisions, wildlife-vehicle collisions are more likely to happen — this is especially true for Florida with its diverse ecosystem, where animals (such as deer, black bears, alligators, and various birds) frequently cross the road. According to a study reported by the Florida Fish and Wildlife Conservation Commission (FWC), there has been a 86% increase in the black bear population in the Eastern Panhandle region of Florida from 2002 to 2015, making rural road crossings more likely. Although Personal Injury Protection coverage can cover your medical expenses and loss of income, having Comprehensive Auto insurance will help with the cost of repairing the car after hitting an animal.
  3. With nearly every fifth crash as a hit-and-run and with 1 out of 5 drivers uninsured, Uninsured Driver Coverage remains important for Gadsden County residents.

To discuss your auto insurance needs and to find affordable car insurance in Gadsden County, contact a knowledgeable Property & Casualty (P&C) insurance agent licensed in the state of Florida.

Gadsden County Housing Statistics and Analysis

Like the majority of Florida, where the homes are mostly (65%) owner-occupied, Gadsden County’s estimated 23,289 housing unit market is composed mostly of Homeowner-occupied units at a rate of approximately 73%, and the remaining 27% are rental units.
Other counties in the region also largely consist of homes inhabited by owners: Calhoun County having the highest Homeowner-occupied rate in the region with more than 81% of its residential real estate occupied by owners. Liberty County is at 75%, while Leon County is almost split in half with 53% owner-occupied / 47% for rent.
Statewide, Sumter County has the largest percentage of owner-occupied houses (almost 90%), while Miami-Dade County has the highest rate of rental properties (49%).
Over 13% of housing units in Gadsden County report housing problems like overcrowding, bad plumbing, or issues with the kitchen. In 1 out of 4 homes, residents spend more than 50% of their income on housing.

Housing Insurance Analysis

  1. Over 20 thousand housing units in Gadsden County need insurance coverage. At a minimum, all owners of these properties should 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 over 6,200 housing units in Gadsden County as rentals, landlords obtain Landlord Insurance, which covers the property itself and from the possible liability claims arising from the tenants and their guests.
  3. Renters insurance Quincy: Tenants buy Renters Insurance coverage to protect their belongings from possible damage or loss while residing in a rented space. Average renters’ insurance is inexpensive and usually covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Some landlords in Gadsden County may require Renters insurance as a condition of the lease.
    For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of insurance in Gadsden 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,
  • researches the locally available plans that fit your needs and is usually able to find better deal than a consumer can find on their own,
  • checks for available savings and bundling discounts,
  • 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)

Gadsden County Health Statistics and Analysis

The percentage of adults in Gadsden County who do not have proper health insurance is around 19%. This rate is identical to the statewide average and the highest among its immediate neighbors. Calhoun County projects the second-highest uninsured adult rate in the region, at over 18%, while Leon County posts the lowest rate, at 14%.
The highest uninsured adult rate in the state of Florida is in Hendry County, with 35% of residents uninsured, while the lowest rate is observed in St. Johns County at under 13% of the adult residents.
More than 1 in 4 adults (≈12,090) in Gadsden County report problems with health.
Nearly 35% of the Gadsden County population do not participate in any physical exercise activities.
Due to the lack of physical activities, about 44% of the Gadsden County residents are considered obese (with a BMI of 30 or more), this is the highest adult obesity rate in the region and across Florida. This is also higher than the Florida average of over 27%. Among the neighboring counties, Leon County reports the lowest – at over 31% of the residents, while approximately 40% of adults from Liberty County may be considered obese.
As of 2022, there were 14 health insurers in Gadsden County, offering affordable and frequently subsidized ACA health insurance on the Florida health marketplace.

Health Insurance Analysis

  1. Health insurance is the most important insurance coverage, and nearly 7 thousand residents of Gadsden County lack this necessity.
  2. Florida is among the states that allow the sale of multiple types of health insurance and supplemental products. This makes it easier for Gadsden County residents 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.
  3. Low-income health insurance: If health insurance is not being purchased because of its high price, low-income residents of Gadsden County are generally advised to apply for government-funded health insurance subsidies, which can greatly reduce the health insurance cost.
  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 plans available to Gadsden County residents. Offerings of health insurance coverage and its pricing 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.

Gadsden County End of Life Statistics and Analysis

The average life expectancy for the residents of Gadsden County is between 76 and 77 years old, and this is the second-longest lifespan in the region, with Leon County as the highest at 79 years old. Gadsden county’s average life expectancy is lower than the state average in Florida (80). Among the neighboring counties, Jackson County shows the shortest life span at 74 years old. The lowest life span in Florida is seen in Union County, at under 69 years old.
In 2022 there were approximately 8,424 seniors (65 and older) residing in Gadsden County.

Life Insurance Facts

  1. In 2022, 47% of Americans did not have an active life insurance policy of any type.
  2. Life insurance premiums are based on the age of the insured when the policy begins, among other factors. That is why young adults are generally advised to take out a policy while they are still young and healthy to save money in premiums over the course of the policy.
  3. Nearly 23% of the adults in Gadsden County smoke, and this habit will likely affect the life insurance costs of about 8,100 adults who may have to pay by up to 4 times compared to non-smokers. A smoker’s life expectancy is deemed shorter, making them more of a risk than people who do not smoke.
  4. Permanent Life Insurance also has a cash value component, which can be used while the insured is still alive: to borrow against, for emergency expenses, or as a tax-free retirement income.

Gadsden County Final Expenses Statistics and Analysis

Funeral expenses in and around Gadsden County vary drastically. The average price of a funeral in Gadsden County is around $5,300, which is lower than the Florida State average ($5,900). Among the neighbors of Gadsden County, Liberty County has the highest average funeral cost of over $7,000, while Jackson County has the lowest average funeral cost in the region at $5,200.

Life Insurance Analysis

  1. With 46% of Americans dying with savings of less than $10,000. Families and friends of a deceased Gadsden County resident may have to shoulder the funeral expenses. Instead of grieving their loss, the family must concentrate on finding a way to pay. (Note: If using senior life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)
  2. Besides the burial costs, the deceased frequently leave taxes and other debt behind for the family to take care of. Discuss your senior life insurance options with licensed Florida professionals.
  3. The most frequently used life insurance policies to cover “final expenses” up to $50,000 are: Term Life Insurance and Final Expense Insurance.
  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, Indexed Universal Life (IUL) insurance, and Final Expense (FE).
    To find out more about life insurance options and to get life insurance quotes in Gadsden County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

Gadsden County - Business

Commercial insurance needs vary between each of the roughly 930 business establishments in Gadsden County. The three largest job-creating sectors, accounting for nearly 43% of all employment in the county in 2021 were:

  • Government (21%)
  • Trade, Transportation and Utilities (14.6%)
  • Manufacturing (6.9%)

Commercial Insurance Analysis

  1. Retail businesses typically insure all business-owned or leased property and the employees. Besides that, every customer-facing operation typically requires liability insurance, in case the visitor gets hurt on the premises or by using the product. If the business stores and transports goods, it needs inventory insurance and inland marine coverage.
  2. Manufacturing businesses usually require insurance coverage for:
  • Production facilities and property
  • Employees’ health and safety
  • Product liability coverage to protect the company itself if their product hurts the consumer, etc.

To assess your business insurance needs in Gadsden County and to get a commercial insurance quote, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers and premium finance options. Always try to compare at least 2 or 3 options before deciding on the coverage.