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Hamilton County

Hamilton County Driving Statistics and Analysis

Hamilton County is home to an estimated 11,914 private and commercial automobiles. This figure accounts for approximately 0.07% of all vehicles registered in the entire state of Florida.

Over 82% of adult drivers in Hamilton County commute to work by themselves, and over a quarter of those commutes last for over 30 minutes.

With an estimated 1 out of 5 of Florida drivers uninsured, about 2,400 automobiles in Hamilton County alone could be uninsured or underinsured.

Roughly every sixth crash in Hamilton County is a hit and run.

Motor Vehicle Crashes in Hamilton County

Motor vehicle fatalities in Hamilton County statistically take place at a rate of 21.00 per 100,000 automobiles on the road: approximately 3 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported over 370 crashes in Hamilton County: 5 fatal crashes, with a resultant 5 deaths. Alcohol is determined as the main factor for the fatal crashes in Hamilton County in an estimated 36% of all driving fatalities.

Auto Insurance Analysis

  1. Nearly 12 thousand vehicles registered in Hamilton 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, Farm Auto, Comprehensive Coverage,** Farm Transportation**, *Inland Marine*, *Gap*, *Ride-sharing*, *Short-term car insurance*, and so on.

  2. The majority of Hamilton 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 92% increase in the black bear population in northern 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 every sixth of crashes being a hit-and-run and with 20% of drivers uninsured, Uninsured Driver Coverage is increasingly important for Hamilton County residents.

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

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Car Insurance in Florida

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Hamilton County Housing Statistics and Analysis

Majority (65%) of homes in the state of Florida are owner-occupied. Similarly, Hamilton County’s estimated 5,883 housing unit market is split between Homeowner-occupied at 68% and Rental units at 32%.

All of the neighboring counties are also dominated by owner-occupied homes, with Suwannee County leading the group with 74% of its homes inhabited by the owners. Columbia County has the second-highest figure at around 73.7% (with roughly 26.3% of homes as rental units). Next to Columbia County is Madison County with 73.6% of its residential real estate occupied by owners.

Nearly 15% of housing units in Hamilton County experience housing problems, overcrowding, poor plumbing, or issues with the kitchen. In 25% of homes, residents spend more than half of their income on housing.

Housing Insurance Analysis

  1. An estimated 6 thousand housing units in Hamilton 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 roughly 1,900 housing units in Hamilton 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 Jasper: To protect their belongings from damage or loss, tenants buy Renters Insurance coverage. On average, it is inexpensive and it usually covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Some landlords in Hamilton County may require Renters insurance as a condition of the lease.

For consultation and to get a quote on Homeowners, Renters, Condo, Flood, and other types of insurance in Hamilton 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 a 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)

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Residential Insurance in Florida

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Hamilton County Health Statistics and Analysis

In Hamilton County, over 18% of adult residents lack proper health insurance coverage, which is comparable to the Florida state average (≈19%). Among its neighbors, Suwannee County (22%) has the highest uninsured adult rate, followed by Madison County which has the same figure as Hamilton County. Across Florida, Hendry County has the highest uninsured adult rate at 35%, while St. Johns County has the lowest figure at 13%.

More than 1 in 4 adults (or nearly 4,100 residents) in Hamilton County report problems with health.

An estimated 37% of the Hamilton County population do not participate in physical exercise activities.

Approximately 40% of the Hamilton County residents are considered obese (with a BMI of 30 or more), which is higher than the Florida average of over 27% and the highest in the region. Among the neighboring counties, only Columbia County is below the state average (about 27%) while all areas are above the Florida average: Suwannee County has the second-highest reported adults with obesity with around 39% and Madison County comes next with 36% of its residents considered obese.

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

Health Insurance Analysis

  1. Health insurance is the most important insurance coverage, and over 2 thousand residents of Hamilton 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 Hamilton 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. If health insurance is considered unaffordable, low-income consumers are generally encouraged to apply for government subsidies, which can substantially lower the cost of 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 plans available to Hamilton County residents.

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.

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Health Insurance in Florida

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Hamilton County End of Life Statistics and Analysis

Average life expectancy for the residents of Hamilton County is between 76 and 77 years old, which is lower than the state average in Florida (80). Among the neighboring counties, Columbia County shows longer life spans at 79, adding around 2 to 3 years on top of Hamilton County. On the other hand, Madison County and Suwannee County (75) have the lowest average life expectancies among the neighboring counties.

Collier County (86) has the highest average life expectancy in the state, while the lowest life span in Florida is seen in Union County, at under 69 years old.

In 2022 there were over 2,600 seniors (65 and older) residing in Hamilton County.

Life Insurance Facts

  1. In 2022, 47% of Americans do not own any type of active life insurance policy.

  2. Life insurance premiums factor in the age of the insured when the policy begins, among other things. The younger you get life insurance, the more you save in premiums over the course of the policy.

  3. Nearly 28% of the adults in Hamilton County smoke, and this habit will definitely increase the life insurance costs of these individuals by up to 4 times compared to non-smokers. A smoker’s life expectancy is deemed shorter, making them more of a risk than non-smokers.

  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.

Hamilton County Final Expenses Statistics and Analysis

The average price of a funeral in Hamilton County is around $6,900 which is a more expensive average than the Florida state average (of $5,900), and the highest funeral cost in the immediate region. Among the neighboring counties, Columbia County has the second-highest average funeral cost of almost $5,400, while Suwannee County has the lowest cost at over $5,000.

Life Insurance Analysis

  1. With 46% of Americans dying with savings of less than $10,000, the families and friends of Union County senior residents may have to set aside their mourning as they have to focus their energies on making sure their loved one’s funeral will be paid for. (Note: If using 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. Term Life Insurance and Final Expense Insurance (also known as Burial insurance) are the most frequently used life policies to cover final expenses up to $50,000.

  4. The usual life insurance policies to leave money to the family are 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 in Hamilton County and to get life insurance quotes, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

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Life Insurance in Florida

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Hamilton County - Business

Commercial insurance needs vary among each of the over 200 business establishments in Hamilton County. The three largest job-creating sectors, accounting for over 58% of all employment in the county in 2020 were:

  • Government (36%)

  • Manufacturing (14.6%)

  • Education & Health Services (8%)

Commercial Insurance Analysis

  1. Manufacturing businesses usually require insurance coverage for:

    • Production facilities and property

    • Employees’ health and safety

Product liability coverage protects the manufacturer itself if their product hurts the consumer and a claim or a lawsuit is filed against the company.

  1. Health providers usually get medical malpractice coverage according to the amount of damage their work can cause to the patients.

To assess your business insurance needs in Hamilton 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.

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Commercial Insurance in Florida

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