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Osceola County

Driving in Osceola County

Osceola County has around 330,778 registered private and commercial vehicles calling its roads their home, and this figure represents 1.83% of all Florida-registered vehicles.

Virtually all (4 out of 5) of the adult drivers in Osceola County commute to and from work alone in their vehicles, and around 62% of these drivers take more than half an hour to reach their destination — this percentage is the highest in the state of Florida.

About 20% of Florida-based drivers do not have auto insurance coverage, and this suggests that 66,000 vehicles in Osceola County could possibly be uninsured or underinsured. Additionally, roughly every 5th traffic accident in Osceola County is a hit and run.

Motor Vehicle Crashes in Osceola County

Deaths caused by vehicular collisions in Osceola County statistically occur at a rate of 13.87 per 100,000 vehicles on the road: more or less 45 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported 6,647 crashes in Osceola County: 49 fatal crashes that led to 61 deaths (including 10 motorcyclists). Alcohol is determined as the main factor for the fatal crashes in Osceola County in about 1 out of 5 of all driving fatalities.

Auto Insurance Analysis

  1. Roughly 330 thousand vehicles registered in Osceola 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. Aside from the mandatory minimum, other types of coverage could also be purchased depending on the choice of vehicle owners and its use: Collision Coverage, Comprehensive, Ride-sharing, Commercial Auto, and so on.

  2. Close to 200 thousand individuals operating a separate vehicle in one area increases insurance premium rates. Thousands of cars sharing the roads of Osceola County at the same time raises the probability of a vehicular collision.

  3. The long daily commute of roughly 153 thousand (the highest in Florida) Osceola County residents is another factor that spikes up auto insurance premium rates. Being on the road for an extended period increases the likelihood of a vehicular collision.

  4. With every 5th crash as a hit-and-run and with 20% of drivers uninsured, Uninsured Driver Coverage remains essential for Osceola County residents.

To discuss your auto insurance needs in Osceola 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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Osceola County Housing

Just like the majority of Florida, Osceola County’s approximately 186,497 housing units are mostly inhabited by the individuals and families that own them, at a rate of 62%. This figure is comparable to Florida’s average of 65%.

Osceola County’s neighbors are also primarily made up of owner-occupied homes, with Indian River County leading the group with a 79% owner-occupied rate. Orange County, on the other hand, has the lowest rate at 55% — this means that nearly half of the residential properties are rentals.

About 22% of the housing properties in Osceola County encounter housing problems, overcrowding, substandard plumbing, or kitchen problems. In 1 out of 4 homes, residents dedicate more than 50% of their income to housing expenses.

Housing Insurance Analysis

  1. More than 186 thousand residential units in Osceola County need insurance coverage. At a minimum, all owners of these properties ought to 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 approximately 70 thousand homes in Osceola County as rentals, landlords take out Landlord Insurance, which covers the property itself and the possible liability claims arising from the tenants and their guests.

  3. Renters insurance Kissimmee: Tenants buy Renters Insurance coverage to protect their belongings from possible damage or loss. Typically, renters’ insurance is affordable and usually covers the tenant's property from theft and damages caused by fire, smoke, water, and vandalism. Some landlords in Osceola County may require Renters Insurance before putting pen to paper on a lease.

For consultation and advice about Homeowners, Renters, Condo, Flood, and other types of property insurance in Osceola 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,

  • 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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Osceola County Health

Approximately 18% of the adults in Osceola County do not have proper health insurance coverage, which is comparable to Florida’s average of 19%. Looking at Osceola County’s neighbors, Okeechobee County has the highest uninsured adult rate, while Brevard County has the lowest at 16%.

Nearly 1 out of 4 adults (≈95,000) in Osceola County are in poor health. This is partially due to the fact that among the adult population, 17% smoke, 17% drink too much alcohol, and over 29% of the total population does not exercise regularly despite the fact that about 78% of the population have access to areas where physical exercise can be done.

Physical inactivity is one of the key factors why 32% of the adults in Osceola County are considered obese (with a BMI of 30 or more) — lower than the Florida average of 27%. Among the neighboring counties, Polk County has the highest obesity rate at 37%, while Orange County and Indian River County have the lowest rates, both at around 27%.

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

Health Insurance Analysis

  1. Health insurance is the most important type of insurance coverage, and over 63 thousand residents (below 65 years old) of Osceola County lack this necessity.

  2. Florida residents have the ability to purchase multiple types of major medical health insurance and supplemental plans that pick up the slack for the main policy. This makes it easier to obtain coverage that fits each individual’s specific needs (both medically and financially): Group or Individual Marketplace ACA health insurance, Various types of Short-term insurance (up to 3 years in coverage), Hospital Indemnity, Critical Illness, Accident & Health, etc.

  3. Health insurance can be expensive and low-income individuals may not have the funds to take out a policy. They are generally advised to apply for government subsidies to reduce the out-of-pocket costs of health 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 Osceola County residents. Offerings of health insurance 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.

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Health Insurance in Florida

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Osceola County Mortality and the End of Life Statistics

Osceola County residents have an average lifespan of 79.7 years old — which is similar to the Florida average of 80.1 years. In the region, Indian River County has the longest average at 81.1 years, and Okeechobee County has the shortest at 76.3 years.

In the whole state of Florida, Collier County has the longest life expectancy average at 86 years old, while Union County has the shortest at 69 years.

In 2022 there were approximately 53,000 seniors (65 and older) residing in Osceola County.

Life Insurance Facts

  1. In 2022, 47% of Americans did not have an active life insurance policy of any type.

  2. Age is a significant factor that affects life insurance premium rates. As the applicant grows older, the cost of life insurance becomes more expensive. So securing a life insurance policy at a young age is one way to save money on premiums.

  3. Over 17% of the adults in Osceola County smoke, and this habit will likely negatively affect the life insurance premiums of over 51,000 adults by up to 4 times compared to non-smokers. A smoker is considered more susceptible to developing fatal diseases that make them a higher risk to life insurance carriers.

  4. Besides the death benefit, which the beneficiaries receive after your death, you can use life insurance while still alive to:

    • Use for retirement income replacement that comes free of the federal income tax and to

    • Help pay the costs of terminal illnesses.

    Osceola County - Funeral Expenses Statistics and Analysis

A traditional funeral in Florida costs around $5,900, and the average cost in Osceola County is significantly higher than this figure (≈$7,300) — this is also the most expensive average in the region. Among the neighbors, Polk County is second to Osceola County, with an average of $6,200, while Indian River County tends to have the most affordable funerals in the region, at about $4,800.

Statewide, Collier County has the most expensive funeral cost average in Florida at $9,600, while Putnam County and DeSoto County have the lowest, both at $4,600.

Life Insurance Analysis

  1. With 46% of Americans dying with savings of less than $10,000, the family and friends of approximately 25 thousand Osceola County senior residents may have to put their grief on hold to make sure that the funeral expenses will be dealt with. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)

  2. On top of the burial costs, the departed often leave outstanding loans and taxes for the family to take care of.

  3. In most cases, Term Life Insurance and Final Expense Insurance can help cover “final expenses” with a death benefit of up to $50,000.

  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 Osceola County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison on a case by case basis.

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Life Insurance in Florida

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Osceola County - Business

Commercial insurance needs vary between each of the over 8 thousand business establishments in Osceola County. The three largest job-creating sectors, accounting for nearly 57% of all employment in 2020 were:

  • Manufacturing (22.1%)

  • Education & Health Services (18.6%)

  • Professional and Business Services (17.0%)

Commercial Insurance Analysis

  1. Manufacturing businesses usually require insurance coverage for:

    • Employees’ health and welfare

    • Production facilities, tools, supplies, and other property

    • Product liability coverage to protect the company itself if their product hurts the consumer, etc.

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

  3. Nearly 2 thousand professional services and consulting businesses in Osceola County can benefit from professional liability insurance, also known as Errors and Omissions insurance (E&O insurance). E&O insurance protects their clients in case the professional advice they give causes damages or losses.

To assess your business insurance needs in Osceola County, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers.

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Commercial Insurance in Florida

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