Levy County

Levy County Driving Statistics and Analysis

Approximately 35,406 personal and commercial cars consider Levy County highways their home. This figure amounts to approximately 0.2% of all automobiles registered in the entire state of Florida.

Nearly 81% of adult drivers in Levy County commute to and from their places of employment unaccompanied and more than half of those commutes need over 30 minutes to complete.

With an estimated 20% of Florida drivers uninsured, about 7,100 vehicles in Levy County alone could be uninsured or underinsured.

Nearly every sixth crash in Levy County is a hit-and-run.

Motor Vehicle Crashes in Levy County

Vehicular fatalities in Levy County statistically occur at a rate of 37.28 per 100,000 vehicles on the road: roughly 13 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported over 638 crashes in Levy County: 15 fatal crashes, with a resultant 15 deaths (including 2 motorcyclists). Alcohol is determined as the main factor for the fatal crashes in Levy County in an estimated 36% of all driving fatalities.

Auto Insurance Analysis

1. Over 35 thousand vehicles registered in Levy 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 or Ranch Auto, Comprehensive Coverage, Commercial or Ranch Transportation, Collision Coverage, Gap, Short-term car insurance, and so on.
2. With nearly every sixth crash as a hit-and-run and with 1 out of 5 drivers uninsured, Uninsured Driver Coverage remains important for Levy County residents.
3. The majority of Levy 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 an increase in the black bear population in 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.

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

Levy County Housing Statistics and Analysis

Levy County's estimated 21,569 housing units are divided between homeowners (78%) and renters (22%). This homeownership rate is higher than the Florida State average of 65%.
Other counties in the region also largely consist of homes inhabited by owners: Gilchrist County with more than 83% of its residential real estate occupied by owners, Citrus County at 82%, while Alachua County is nearly split in half at 55% owner-occupied / 45% for rent. This means that every other housing unit is a rental.
In all of Florida, Sumter County has the most homes occupied by owners (nearly 90%) while Miami-Dade County offers the highest percentage of its real estate as rentals (49%).
In Levy County, nearly 14% of dwelling units experience housing problems like overcrowding, bad plumbing, or issues with the kitchen. In an estimated 1 out of 4 homes, residents spend more than 50% of their income on housing expenses.

Housing Insurance Analysis

1. Over 20 ohousand housing units in Levy 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 almost 5 thousand housing units in Levy 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 Williston: Tenants buy Renters Insurance coverage to protect their belongings from possible damage or loss. 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 Levy County may require Renters insurance as a condition of the lease.
4. Levy 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 Levy 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 Levy County need to maintain appropriate insurance coverage to protect their property against possible loss and damage from wind and water damage.
   For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of insurance in Levy 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,
• researches the locally available plans that fit your needs,
• 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)

Levy County Health Statistics and Analysis

In Levy County, about 21% of adult residents lack proper health insurance coverage, which is higher than the Florida average (≈19%) and the highest in the region. Neighboring counties’ uninsured rate from lowest to highest: Alachua County (over 13%), Citrus County (over 18%), Dixie County and Gilchrist County tied at (over 19%), and Marion County as the second-highest in the region at (21%). 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.
Close to 1 in 4 adults (≈10,364) in Levy County report problems with health.
Nearly 37% of the Levy County population do not participate in physical exercise activities.
Approximately 33% of the Levy County residents are considered obese (with a BMI of 30 or more), which is higher than the Florida average of over 27%. Among the neighboring counties, Alachua County reports the lowest obesity rate – at over 27% of the residents, while almost 38% of adults from Gilchrist County may be considered obese.
As of 2022, there were 14 health insurers in Levy 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 over 7 thousand residents of Levy 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 Levy 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 low-income residents fail to purchase health insurance due to its high cost, they are generally advised to apply for government-funded health insurance subsidies, which can significantly lower 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 Levy 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.

Levy County End of Life Statistics and Analysis

Levy County has an average life expectancy of around 75.5 years. This figure is almost identical to its immediate neighbor, Dixie County, averaging 75.4 years — the shortest average lifespan in the region. Alachua County, on the other hand, posts the longest average in the area, with 79.2 years, almost at par with the Florida State average of 80 years.
Statewide, the lowest life span is seen in Union County, at under 69 years old, while Collier County’s 86-year average is the longest.
In 2022 there were approximately 10,778 seniors (65 and older) residing in Levy County.

Life Insurance Facts

1. In 2022, 47% of Americans did not have an active life insurance policy of any type.
2. The insured’s age at the beginning of the policy is among the basis of life insurance premiums. Hence, if you obtain it at a younger age, you’ll save more in premiums over the duration of the policy.
3. Over 25% of the adults in Levy County smoke, and this habit will likely affect the life insurance costs of about 8,600 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.

Levy County Final Expenses Statistics and Analysis

Funeral expenses in and around Levy County vary drastically. The average price of a funeral in Levy County is around $5,900, which is at par with the Florida state average (of $5,900). Among the neighbors of Levy County, Marion County has the highest average funeral cost of almost $6,500, while Alachua County has the lowest average in the region, with $5,700.
Statewide, Collier County tends to have the most expensive funerals (≈$9,600), while Putnam County and DeSoto County have the lowest, both closer to $4,600.

Life Insurance Analysis

1. With 46% of Americans dying with savings of less than $10,000. Families and friends of a deceased Levy 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. Aside from the burial costs, the deceased frequently leave taxes and other debt behind, which the family needs to settle. 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 Levy County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

Levy County - Business

Commercial insurance needs vary between each of the estimated 1 thousand business establishments in Levy County. The three largest job-creating sectors, accounting for nearly 55% of all employment in the county in 2021 were:

• Trade, Transportation and Utilities (22.1%)
• Government (20.4%)
• Leisure and Hospitality (12.4%)

Commercial Insurance Analysis

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.

To assess your business insurance needs in Levy 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.