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

Nassau County

Nassau County Driving Statistics and Analysis

The roads of Nassau County are considered home to around 78,718 private and commercial vehicles. This number represents around 0.44% of all vehicles registered in the entire state of Florida.

Over 84% of adult drivers in Nassau County commute to work by themself, and around half of those commutes last for more than 30 minutes.

With an estimated 20% of Florida drivers uninsured, roughly 15,740 vehicles in Nassau County alone could be uninsured or underinsured.

Approximately every 5th crash in Nassau County is a hit and run.

Motor Vehicle Crashes in Nassau County

Motor vehicle fatalities in Nassau County statistically occur at a rate of 21.11 per 100,000 vehicles on the road: approximately 17 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported over 1,191 crashes in Nassau County: 11 fatal crashes, with a resultant 11 deaths (including 1 motorcyclist). Statistically, about 36% of all driving fatalities in Nassau County involve alcohol.

Auto Insurance Analysis

  1. Over 78 thousand vehicles registered in Nassau 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, and so on.
  2. The longer daily commute of nearly 28,400 Nassau County residents raises the cost of auto insurance because it increases the amount of time a driver spends on the road, which in return increases the chances of getting into a possible car accident.
  3. With every fifth of crashes as a hit-and-run and with 1 out of 5 drivers uninsured, Uninsured Driver Coverage is increasingly important for Nassau County residents.

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

Nassau County Housing Statistics and Analysis

Just like the majority of Florida, Nassau County’s estimated 45,340 housing unit market is split between Homeowner-occupied at 80% and Renters at 20% - much higher than the Florida average of 65%.

The neighboring counties largely consist of homes occupied by owners as well. Following Nassau County, Baker County also has a higher rate than Florida’s average with more than 75% of its residential real estate occupied by owners. Duval County has the lowest figure having 57% owner-occupied and 43% of its housing for rent — this means that almost every other housing property is inhabited by or available for tenants to move into.

About 13% of housing units in Nassau County experience housing problems, overcrowding, poor 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 45 thousand housing units in Nassau 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 9 thousand housing units in Nassau County as rentals, landlords obtain Landlord Insurance, which covers the property itself and the possible liability claims arising from the tenants and their guests.
  3. 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 Nassau County may require Renters insurance as a condition of the lease.
  4. Nassau 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 Nassau 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 Nassau 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 Nassau 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,
  • 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)

Nassau County Health Statistics and Analysis

Over 13% of adult residents lack proper health insurance coverage in Nassau County. This is a better figure since it is lower than the state average of approximately 19%. Next to Nassau County, Baker County has 14% uninsured adult residents. Duval County, on the other hand, has 17% uninsured adult residents - the highest in the region. In 2021, the average adult uninsured rate in Florida was around 19.2%.
More than 1 in 6 adults (or around 16,000 residents) in Nassau County report problems with health.
Approximately 24% of the Nassau County population are not participating in any physical exercise activities, which contributes to why around 30% of its residents are considered obese (with a BMI of 30 or more). Its neighboring counties, Duval County and Baker County have an obesity rate of 32% and 38%, respectively. All areas have a higher obesity rate than the Florida average of over 27%.
As of 2022, there were 14 health insurers in Nassau 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 10 thousand adult residents of Nassau 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 Floridians 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 not being purchased due to unaffordability, low-income consumers are generally advised 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 options available to Nassau 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.

Nassau County End of Life Statistics and Analysis

The average life expectancy for the residents of Nassau County is between 77 and 78 years old, which is a couple of years shorter than the Florida average of 80 years old. Its neighboring counties, Duval County and Baker County, both have an average life expectancy of 76 years old for their residents - the lowest in the region.
In 2022 there are approximately 21,500 seniors (65 and older) residing in Nassau 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. The younger you are when you get it, the more you save in premiums over the course of the policy.
  3. Nearly 20% of the adults in Nassau County smoke, and this habit will definitely increase the life insurance premiums of more than 15,000 adults 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.

Nassau County Final Expenses Statistics and Analysis

The average price of a funeral in Nassau County is around $6,350, which is more costly than the Florida state average of $5,900. Duval County also has a more costly average of about $6,100, while an average funeral cost in Baker County is $4,900 - the lowest among the neighboring counties.

Life Insurance Analysis

  1. With 46% of Americans dying with savings of less than $10,000, nearly 10 thousand Nassau County senior residents could be placing an unnecessary and frequently unbearable financial burden on family and friends. Instead of grieving their loss, the family must concentrate on finding a way to pay. (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.
  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 in Nassau County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

Nassau County - Business

Commercial insurance needs vary between each of the nearly 2,500 business establishments in Nassau County. The three largest job-creating sectors, accounting for over 54% of all employment in the county in 2020 were:

  • Education and Health Services (20.3%)
  • Manufacturing (18.5%)
  • Government (15.2%)

Commercial Insurance Analysis

  1. Manufacturing businesses usually require insurance coverage for:
  • Production facilities and property
  • Employees’ health and safety
  • Product liability coverage to protect the company itself if its product hurts the consumer, etc.
  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 Nassau County, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers.