Volusia County
Driving in Volusia County
Around 468,954 registered vehicles in Volusia County are utilized for personal and business purposes by the residents, and this total represents 2.59% of all the automobiles in Florida.
Roughly 8 in 10 adult drivers in Volusia County drive to work by themselves, and 35% of these commuters take half an hour to complete each trip.
With 20% of Florida drivers being uninsured, approximately 98,000 vehicles in Volusia County could be uninsured or underinsured.
Approximately every third vehicle crash in Volusia County is a hit and run.
Motor Vehicle Crashes in Volusia County
Deaths caused by vehicular collisions in Volusia County statistically occur at a rate of 18.54 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 10,494 crashes in Volusia County: 125 fatal crashes that led to 136 deaths (including 47 motorcyclists). Alcohol is determined as the main factor for the fatal crashes in Volusia County in about 22% of all driving fatalities.
Auto Insurance Analysis
Close to 470 thousand vehicles registered in Volusia 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.
More than 265 thousand individuals operating a separate vehicle in one area increases insurance premium rates. The more vehicles that utilize the roads of Volusia County at the same time, the higher the probability of a traffic accident.
The long daily commute of roughly 116 thousand Volusia 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.
With every 3rd crash as a hit-and-run and with 20% of drivers uninsured, Uninsured Driver Coverage remains vital for Volusia County residents.
To discuss your auto insurance needs in Volusia County, contact a knowledgeable Property & Casualty (P&C) insurance agent licensed in the state of Florida.
Volusia County Housing
Just like the majority of Florida, Volusia County’s estimated 270,925 housing properties are mostly inhabited by the owners at a rate of 70% — higher than the Florida average of 65%. In Volusia County, 3 out of 10 homes are either available for or occupied by renters.
All of Volusia County’s neighbors’ respective housing markets are also dominated by owner-occupied homes with Flagler County leading the group at a rate of 76%, while Seminole County has the lowest figure at 65%, more in line with the rest of the state average.
About 17% of the residential real estate in Volusia 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
More than 270 thousand housing units in Volusia 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.
With approximately 81 thousand housing units in Volusia County as rentals, landlords take out Landlord Insurance, which covers the property itself and from the possible liability claims arising from the tenants and their guests.
Renters insurance Deltona: 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 Volusia County may require Renters Insurance before putting pen to paper on a lease.
Volusia 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 Volusia 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 Volusia 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 Volusia 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)
Volusia County Health
The average uninsured adult rate in Florida is around 19%, and Volusia County almost has the same figure at 18%. In the region, Putnam County has the highest uninsured adult rate at 22%, followed by Marion County at 21%. On the other end of the spectrum is Seminole County with 15%, followed by Brevard County at 16%.
19% of adults in Volusia County are in poor health — this translates to over 109,000 adult residents reporting health problems. This is partially due to the fact that among the adult population, 21% smoke, 23% drink too much alcohol, and close to 29% of the total population does not exercise regularly despite the fact that about 89% of the population have access to areas where physical exercise can be done.
About 32% of the adult population in Volusia County are considered obese (with a BMI of 30 or more) — this figure is higher than the Florida average of 27%. In the region, Putnam County has the highest figure at 39%, while Seminole County has the lowest at 26%.
In 2022, there were 14 health insurers in Volusia County offering affordable and frequently subsidized ACA health insurance on the Florida health marketplace.
Health Insurance Analysis
Health insurance is the most important type of insurance coverage, and over 82 thousand residents (below 65 years old) of Volusia County lack this necessity.
Florida residents are permitted 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.
Health insurance costs can be too much for low-income individuals, but they can apply for government subsidies to lower these costs.
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 Volusia 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.
Volusia County Mortality and the End of Life Statistics
The average life expectancy in Volusia County is roughly 76.8 years old — a couple of years short of the Florida average of 80.1 years. Among the neighboring counties, Seminole County has the longest life expectancy at 80.6 years old, while Putnam County has the shortest at 73.9 years old.
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 141,000 seniors (65 and older) residing in Volusia County.
Life Insurance Facts
In 2022, 47% of Americans did not have an active life insurance policy of any type.
Age weighs heavily on life insurance premium rates. The higher the age, the higher the cost of life insurance. This is why young adults are generally advised to secure a life insurance policy as soon as they can afford it, in order to save a significant sum, in the long run.
Over 21% of the adults in Volusia 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 make them a higher risk to life insurance carriers.
Final Expenses – Volusia County Funeral Home Cost
Volusia County funerals on average cost $5,200 — not too far from Florida’s average of $5,900. Looking at Volusia County’s neighbors, Marion County has the most expensive funerals, about $6,500, while Putnam County has the most affordable funeral cost average at $4,600, in fact, it’s one of the most affordable in the state of Florida.
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
With 46% of Americans dying with savings of less than $10,000, the family members and friends of approximately 65 thousand Volusia County senior residents could possibly delay their grieving process as they have to focus their energies on making sure the funeral of their loved one will be paid for. (Note: If using life insurance as payment for the funeral services, most funeral homes require the policy to be “assignable”)
On top of the burial costs, the departed often leave unsettled debts and taxes for the family to take care of.
The most frequently used life insurance policies to cover “final expenses” up to $50,000 are: Term Life Insurance and Final Expense Insurance.
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 Volusia County, speak with a knowledgeable state-licensed and experienced life insurance professional who has access to multiple insurers and plan types for comparison.
Volusia County - Business
Commercial insurance needs vary between each of the over 12 thousand business establishments in Volusia County. The three largest job-creating sectors, accounting for nearly 54% of all employment in 2020 were:
Professional and Business Services (20.9%)
Manufacturing (19.4%)
Education and Health Services (14.2%)
Commercial Insurance Analysis
Over 3 thousand professional services and consulting businesses in Volusia 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.
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.
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 Volusia County, speak with a knowledgeable Florida-licensed commercial insurance agent with access to multiple insurers.
