up button arrow
https://floridainsurance.org is a privately owned website that is not owned or operated by any government agency

Hardee County

Hardee County Driving Statistics and Analysis

The highways of Hardee County are considered home to 21,603 registered private and commercial automobiles. This figure constitutes around 0.12% of all registered vehicles in the entire state of Florida.

More than 82% of drivers in Hardee County travel to and from work alone, and almost a third of those commutes last for more than half an hour to complete.

Approximately 20% of drivers in Florida are uninsured, which means more than 4,000 vehicles in Hardee County alone may be uninsured or underinsured.

Approximately 1 in 6 vehicular accidents in Hardee County is a hit and run.

Motor Vehicle Crashes in Hardee County

Hardee County’s motor vehicle fatalities statistically occur at a rate of 28.73 per 100,000 automobiles on the road: Roughly six fatal crashes yearly.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported around 521 crashes in Hardee County: 15 fatal crashes resulting in 16 deaths (including one motorcyclist). Alcohol is determined as the main factor for the fatal crashes in Hardee County, with approximately 20% of all driving fatalities.

Auto Insurance Analysis

  1. Almost 22 thousand registered vehicles in Hardee County require some type of insurance coverage. Basic Liability and Personal Injury Protection (PIP) are required for all vehicles in the state of Florida for protection against damages you may cause to others during an accident. The additional required insurance will depend on the vehicle type and usage. Some of the available options are Collision Coverage, Farm or Commercial Auto, Comprehensive Coverage, Gap Coverage, Ride-sharing Coverage, etc.
  2. Nearly 4,800 drivers in Hardee County take longer daily commutes, which is one of the main reasons auto insurance rates tend to be higher. If drivers spend an increased amount of time on the road, increasing their chances of getting into a vehicular accident.
  3. With 1 in 6 vehicular crashes in Hardee County reported as a hit and run, and with 20% of drivers being uninsured, Uninsured Driver Coverage becomes crucially important.

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

Hardee County Housing Statistics and Analysis

Hardee County has around 9,900 housing properties, in which the houses are inhabited mostly by homeowners (65%) against renters (35%), mirroring the state-average statistic. Looking at Hardee County’s neighbors, which are also dominated by owner-occupied houses, Highlands County leads the group with a homeowner-occupied rate of around 75% versus 25% for renters, followed by Manatee County, with an owner-occupied rate of roughly 73% and 27% for renters.
Around 16% of Hardee County housing units experience problems like overcrowding, plumbing issues, or kitchen problems. In 25% of homes, residents allocate more than half of their salary to housing alone.

Housing Insurance Analysis

  1. Nearly 10 thousand housing units in Hardee County need insurance coverage. All of these owners should have at least Homeowners, Condo Insurance, and/or Business Property Insurance (for apartment complexes) to safeguard the underlying financial investment from the possibility of damages or total loss.
  2. With more than 3 thousand housing units in Hardee County listed for rent, landlords purchase Landlord Insurance to cover the property itself from possible liability claims that can come from the tenants.
  3. Tenants purchase Renters Insurance coverage to protect their personal property from possible damage or loss. The standard renter's insurance is usually inexpensive and can cover the tenant’s property from theft and damages caused by fire, smoke, water, and vandalism. Some of the landlords in Hardee County require renters insurance as part of the condition of the lease.
    For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of insurance in Hardee County, contact a Property & Casualty (P&C) insurance agent licensed in the state of Florida.
    A Florida P&C insurance agent:
  • Examines your needs and limitations
  • Explores the plans in your area that best suit your needs
  • Examines your current policy to ensure that the coverages reflect the housing market's current requirements and help update if needed
  • Reviews the local plans that meet your requirements and is generally able to discover a better offer than a customer might get on their own
  • Checks for available savings and bundling discount
  • Lays out available options of coverage
  • Describes the effect of the different options once the insurance policy becomes active
  • Helps you with the process of application
  • Does not influence your cost of insurance (Agent’s service is usually paid by the insurer)

Hardee County Health Statistics and Analysis

Nearly 1 in 4 (≈24%) adults in Hardee County lack proper health insurance coverage, which is higher than the Florida average of apprx. 19%. Hardee County’s uninsured adult percentage is the second-worst among its neighbors, with DeSoto County having the highest rate of almost 30%, while the lowest is in Hillsborough County, closer to 17%. Statewide, the highest uninsured adult rate is seen in Hendry County, with 35%, while St. Johns County has the lowest, at under 13%.
Roughly 1 in 3 adults (or over 8,500 residents) in Hardee County experience health problems.
Furthermore, over 36% of Hardee County inhabitants do not engage in any form of physical activity, contributing to the fact that nearly 40% of the population is obese (with a BMI of 30 or more). Hardee County’s obesity rate is the highest among its immediate neighbors, with Polk County coming in second at 36.5%, while the lowest is in Manatee County, at 26.3%.
As of 2022, there were 14 health insurers in Hardee County offering affordable and frequently subsidized ACA health insurance on the Florida health marketplace.

Health Insurance Analysis

  1. Health insurance is the most crucial type of insurance coverage, and almost 5 thousand Hardee County residents do not have this necessity.
  2. Florida allows the purchase of multiple types of health insurance and supplemental products. This is very convenient for Floridians to obtain coverage that fits their specific needs (both medically and financially). Some of the insurance options are 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. Not everyone has the luxury of purchasing health insurance due to its high price. As such, the government generally advises low-income consumers to apply for its subsidies to lower the cost of insurance significantly.
  4. Short-term Insurance may offer an alternative option if you do not have a preexisting condition. (*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 Hardee 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.

Hardee County End of Life Statistics and Analysis

Hardee County residents have an average lifespan of 79.7 years, which is lower than the Florida average of 80.2 years. Compared to Hardee County’s neighbors, the longest average life expectancy is in Manatee County, with 81.7 years, while the shortest is observed in Highlands County at only 78.3 years.
Across the state of Florida, the longest expected life span is in Collier County, with an average of 86 years, while Union County records the shortest at only 69 years.
In 2022 there were approximately 4,700 seniors (65 and older) residing in Hardee County.

Life Insurance Facts

  1. In 2022, 47% of Americans did not have an active life insurance policy of any type.
  2. Age is considered a significant factor that affects the cost of life insurance policies, among others. The best time to purchase it is at an early young age, as it will allow you to save money in premiums over the course of the policy.
  3. Over 24% of the Hardee County adults smoke. With this habit, it can definitely increase the life insurance premiums of more than 4,800 adults by up to 4 times compared to non-smokers. Life-threatening diseases are attached to a smoker's life, 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.

Hardee County - Funeral Expenses Statistics and Analysis

Hardee County’s average funeral cost is around $5,300, which is lower than the Florida state average of $5,900. Among Hardee County’s neighbors, Hillsborough County records the highest average funeral cost, at $6,600, while the most affordable funeral cost within the area and across Florida is in DeSoto County, at roughly $4,600, Collier County reports the highest funeral cost in the entire state of Florida, with around $9,600.

Life Insurance Analysis

  1. Approximately 46% of Americans pass away with less than $10,000 in savings, which means senior residents of Hardee County could be placing an unfortunate burden financially on their family and friends. Instead of mourning their loss, they’ll need to find ways to settle funeral balances. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)
  2. The deceased often leaves unpaid taxes and other debts that the family needs to take care of, aside from the funeral costs.
  3. The most utilized life insurance policies that cover final expenses for up to $50,000 are Term Life Insurance and Final Expense Insurance (FE).
  4. The most common life insurance policies that 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 Hardee County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

Hardee County - Business

Hardee County is home to nearly 600 business establishments, each one with different commercial insurance needs. The three largest job-creating sectors that account for nearly 55% of all employment in the county in 2020 were:

  • Government (24.9%)
  • Manufacturing (15.8%)
  • Professional and Business Services (14%)

Commercial Insurance Analysis

  1. Manufacturing facilities usually require insurance coverage for:
  • Production areas and the property stored there,
  • Employees’ health and safety
  • Product liability coverage protects the company itself in case the product hurts someone.
  1. Professional services and consulting businesses in Hardee County can benefit from Errors and Omissions insurance (E&O Insurance), which is professional liability insurance that protects their clients in the event that professional advice causes damages or losses.
    Evaluate your business insurance needs and to get a commercial insurance quote in Hardee County by speaking with a knowledgeable commercial insurance agent licensed in Florida who has access to multiple insurers and premium finance options.