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Pasco County

Driving in Pasco County

It is estimated that 490,023 private and commercial vehicles registered in Pasco County frequent its busy roads. This figure accounts for 2.71% of all the automobiles in Florida.

Around 8 in 10 adult drivers in Pasco County drive to and from work alone, and half of these commuters require 30 minutes or more to reach their destination.

Since 20% of Florida drivers are uninsured, around 98,000 vehicles in Pasco County could be uninsured or underinsured.

More or less every fourth vehicle crash in Pasco County is a hit and run.

Motor Vehicle Crashes in Pasco County

Deaths caused by vehicular collisions in Pasco County statistically occur at a rate of 17.69 per 100,000 vehicles on the road: more or less 87 fatal crashes per year.

In 2021, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) reported over 8,152 crashes in Pasco County: 95 fatal crashes that caused 106 deaths (including 18 motorcyclists). Alcohol is determined as the main factor for the fatal crashes in Pasco County in about 21% of all driving fatalities.

Auto Insurance Analysis

  1. Over 490 thousand vehicles registered in Pasco 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 vehicle owners and its use. These are: Commercial Transportation, Comprehensive, Ride-sharing, Collision, and so on.

  2. More than 260 thousand individuals operating a separate vehicle in one area increases insurance premium rates. The more vehicles that utilize the roads of Pasco County at the same time, the higher the chances of a vehicular accident taking place.

  3. The long daily commute of roughly 170 thousand Pasco County residents is another factor that increases auto insurance premium rates. Being on the road for an extended period increases the likelihood of a vehicular collision.

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

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

Pasco County Housing

Pasco County’s estimated 263,240 housing unit market primarily consists of owner-occupied homes at a rate of 72%, and 28% are for renters. Pasco County’s housing market is comparable to the majority of Florida, where 65% of homes are inhabited by the owners.

The same can be said for Pasco County’s immediate neighbors, with Sumter County topping the group with a 90% owner-occupied rate, and Hillsborough County at the bottom of the list at 59% owners and 41% renters.

About 15% of the residential real estate in Pasco County experience 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 260 thousand housing units in Pasco 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 approximately 74 thousand housing units in Pasco 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 Dade City: 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 Pasco County may require Renters Insurance before putting pen to paper on a lease.

  4. Pasco County is located on the coast, not far from one of the main hurricane formation areas in the Gulf of Mexico. Hurricanes bring in primarily wind and flood damage. The highest probability of a hurricane occurrence in Pasco 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 Pasco 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 Pasco 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)

Pasco County Health

About 18% of the adults in Pasco County do not have proper health insurance coverage, which is almost the same as the Florida state average of 19%. In the region, Hernando County and Polk County have the highest uninsured adult rate, both at 19%, while Sumter County has the lowest figure at 13%.

1 in 5 adults in Pasco County are in poor health — this translates to over 117,000 adult residents. This is partially due to the fact that among the adult population, 22% smoke, 22% drink too much alcohol, and close to 30% of the total population does not exercise regularly despite the fact that about 86% have access to areas where physical exercise can be done.

The average obesity rate (BMI of at least 30) in Florida is approximately 27%, which is lower than Pasco County’s figure of 31%. Looking at the neighbors, Polk County has the highest obesity rate at 37%, while Hillsborough County has the lowest at 26%.

In 2022, there were 14 health insurers in Pasco 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 80 thousand residents (below 65 years old) of Pasco County lack this necessity.

  2. Florida residents have the option to purchase multiple types of health insurance and supplemental plans. This makes it easier for them to obtain coverage that fits their 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, Accident & Health, etc.

  3. If a low-income individual does not have the funds to take out a health insurance policy, they can apply for government subsidies that could significantly lower the total cost 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 Pasco 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.

Pasco County Mortality and the End of Life Statistics

The majority of Floridians have a life expectancy of around 80.2 years, and Pasco County is not too far from this figure with an average lifespan of 77.8 years old. Looking at the neighbors, Sumter County has the longest life expectancy at 80.4 years old, while Hernando County has the shortest at 77.2 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 132,000 seniors (65 and older) residing in Pasco 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 when determining the life insurance premium rate of the applicant. As the age goes up, so do the premium rates. This is why securing a policy as early as possible can save the policyholder money in premiums.

  3. Over 21% of the adults in Pasco County smoke, and this habit will increase the life insurance premiums of over 98,000 adults by up to 4 times compared to non-smokers. A person who smokes is more likely to develop fatal diseases that makes them a higher risk to life insurance carriers.

Final Expenses – Pasco County Funeral Home Cost

A traditional funeral in Pasco County could cost around $5,200, which is not too far from the Florida state average of $5,900. Looking at the neighboring counties, Hernando County has the most expensive funerals at approximately $7,500, followed by Pinellas County at $7,200. Funerals in Sumter County are the most affordable with an average cost of $4,700.

Statewide, Collier County has the most expensive funeral cost average in Florida ($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 members and friends of nearly 60 thousand Pasco County senior residents could possibly delay their grieving process as they have to ensure that the 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. On top of the burial costs, the departed often pass away with unsettled debts and taxes 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 Pasco County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.

Pasco County - Business

Commercial insurance needs vary between each of the over 12 thousand business establishments in Pasco County. The three largest job-creating sectors, accounting for nearly 56% of all employment in 2020 were:

  • Manufacturing (22.8%)

  • Professional and Business Services (20.5%)

  • Government (13.4%)

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. Nearly 3 thousand professional services and consulting businesses in Pasco 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 Pasco County, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers.