Hollywood, FL Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Hollywood, FL, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Top 5 Car Insurance Companies in Hollywood, FL, by Market Share
The average cost of auto insurance in Hollywood, FL, is $2,009. Car owners in Hollywood can save more by comparing multiple auto insurance quotes from different car insurance companies. The cost of auto insurance depends on numerous factors ranging from the make and model of the car to the driver’s age. Auto insurance in Hollywood is much higher than the cost of insurance in neighboring places such as Aventura and Hallandale Beach.
Zimlon explores the list of the top 5 auto insurance companies in Hollywood, FL, based on market share.
GEICO:
GEICO leads the way in Florida, with a market share of 25.23%. It has 5,160,726 direct premiums written, and 5,081,055 direct premiums earned. GEICO continues to bring innovations into the field of insurance, the latest being its virtual assistant, KATE. GEICO has an A.M. Best rating of A++ and a J.D. Power score of 827/1000 in Florida.
PROGRESSIVE:
Progressive is second on this list, with an A.M. Best Rating of A+ and a J.D. Power score of 809/1000. It has a massive 3,749,329 direct premiums written, and 3,582,160 direct premiums earned, earning Progressive a market share of 18.30% in Florida.
STATE FARM:
State Farm has a market share of 14.70%, with a J.D. Power score of 834/1000, in Florida. The company also has an A.M. Best rating of A++. State Farm has 3,014,788 direct premiums written, and 3,047,953 direct premiums earned in Florida. State Farm makes it easy to shop for insurance with an immensely customer-friendly online portal.
ALLSTATE:
Allstate has 1,897,567 direct premiums written and 1,880,647 direct premiums earned. The company has a market share of 9.28% in Florida. Allstate also has an A.M. Best rating of A+ and a J.D. Power score of 847/1000.
USAA:
USAA completes this list, with a market share of 7.07%. It has 1,445,356 direct premiums written, and 1,431,650 direct premiums earned. USAA has an A.M. Best rating of A++ and a J.D. Power score of 898/1000. This is the highest score in Florida.
Factors that can influence the cost of car insurance in Hollywood, FL are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Hollywood, FL Auto Insurance Rates
- Hollywood, FL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Hollywood, FL
- Multi Vehicle Insurance Savings in Hollywood, FL
- How Credit Score Affects Car Insurance Rates in Hollywood, FL
- How DUI Affects Auto Insurance Premiums in Hollywood, FL
- Top Auto Insurance Agents Near Hollywood, FL
- How Driving Violations Affect Auto Insurance Rates in Hollywood, FL
- Hollywood, FL Auto Insurance Discounts on Anti Theft Feature
- Hollywood, FL Auto Insurance Company Reviews
Hollywood, FL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Hollywood, FL with that of other cities in and around Hollywood.
| Hollywood | Pembroke Park | Aventura | Hallandale Beach | West Park | Dania Beach | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $2,009 | $2,045 | $1,922 | $1,680 | $2,140 | $2,163 |
Hollywood, FL Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Hollywood, FL based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Hollywood | $1,589 | $1,342 |
| Dania Beach | $1,254 | $1,059 |
| Pembroke Park | $1,930 | $1,630 |
| Hallandale Beach | $1,367 | $1,154 |
| West Park | $2,009 | $1,697 |
| Golden Beach | $1,496 | $1,263 |
| Aventura | $1,755 | $1,482 |
| Broadview Park | $1,539 | $1,300 |
Hollywood, FL Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Hollywood, FL usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $6,519 |
| 20 Years | $2,581 |
| 30 Years | $1,988 |
| 40 Years | $1,913 |
| 50 Years | $1,772 |
| 60 Years | $1,796 |
| 70 Years | $2,091 |
Hollywood, FL Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Hollywood, FL can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $3,455 | $563 |
| 3 Vehicles | $5,183 | $844 |
| 4 Vehicles | $6,911 | $1,125 |
Savings on 2 Vehicles bundle:$563
Savings on 3 Vehicles bundle:$844
Savings on 4 Vehicles bundle:$1,125
Hollywood, FL Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Hollywood, FL.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Hollywood | $2,009 | $3,144 |
| Dania Beach | $2,163 | $3,385 |
| Pembroke Park | $2,045 | $3,201 |
| Hallandale Beach | $1,680 | $2,629 |
| West Park | $2,140 | $3,349 |
| Golden Beach | $1,567 | $2,452 |
| Aventura | $1,922 | $3,008 |
| Broadview Park | $2,122 | $3,321 |
Hollywood, FL Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,724 |
| Excellent (740-799) | $1,968 |
| Good (670-739) | $2,093 |
| Average (580-669) | $2,731 |
| Poor (300-579) | $3,277 |
Hollywood, FL Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Setnor Byer Insurance & Risk | Travelers | 900 S PINE ISLAND RD STE 300, PLANTATION, 33324 | 954-382-4350 |
| Setnor Byer Insurance & Risk | Travelers | 900 S PINE ISLAND RD STE 300, PLANTATION, 33324 | 954-382-4350 |
| Karl E Wright | State Farm | 4286 S University Dr, Davie, 33328-3007 | 954-475-9773 |
| Fred Griffin | State Farm | 7320 Griffin Rd Ste 100, Davie, 33314-4105 | 954-587-8008 |
| Goodway Insurance | None | 2500 E Beach Blvd Ste 501 Bch, Hallandale, 33009 | None |
| Acg South Insurance Agency Llc | Travelers | 20801 BISCAYNE BLVD, MIAMI, 33180 | 800-597-2221 |
| Jonathan Boliere | Allstate | 1908 S University Dr, Davie, 33324 | (954) 370-1200 |
| Tina Teague | State Farm | 1331 N. Palm Ave, Pembroke Pines, 33026 | 954-432-3341 |
| Southstate Insurance Agency Inc | Travelers | 676 W PROSPECT RD, FT LAUDERDALE, 33309 | 954-630-0221 |
Hollywood, FL Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$88 | $2,097 |
| Driver's Failure In Showing Documents | +$195 | $2,204 |
| Driving With An Expired Registration | +$207 | $2,216 |
| Driving At A Considerably Slow Pace | +$436 | $2,445 |
| Using A Cellphone While Driving | +$460 | $2,469 |
| Running A Red Light | +$468 | $2,477 |
| Speeding | +$492 | $2,501 |
| Driving A Vehicle Without The Required Permission | +$625 | $2,634 |
| Driving With An Expired/Suspended License | +$1,354 | $3,363 |
Hollywood, FL Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,929 |
| Active Disabling Device | $1,929 |
| Tracking Device | $1,888 |
| Passive Disabling Device | $1,868 |
Latest Auto Insurance Reviews in Hollywood, FL | Back to Top
UsaaSame reason as with the homeowners insurance. Their rates and deductibles are amazing and other companies wont even attempt to beat them. Filing claims is really easy and stress free.
State FarmI have the same insurance for both, so I'm equally as satisfied with both of the forms of coverage on my plan.
AllstateI WOULD RECOMMEND IT TO THE RELATIVES AND MY WHOLE FRIENDS AND OTHERS.
State Farmi really very satisfied about their service and so i recommended them for car insurance.good policy very good premium given by them.
AllstateIt is hard enough dealing with a car situation. All you need is a quick fix and maybe a new car rental until your car will be fixed and repaired
Travelersthey offer coverage that is similar to most major insurance companies. I get emails about what is included in my car insurance - some of which I wasn't aware of
MercuryThe customer service here is fantastic because we have a small town local office with the friendliest people ever. They are polite and go out of their way for you without asking. Love these people.
MercuryThe customer service here is fantastic because we have a small town local office with the friendliest people ever. They are polite and go out of their way for you without asking. Love these people.
GeicoI think that the legal language on some of the documents can be a little hard to understand. Also, while the company offered the cheapest premiums, I think the rate is still high considering my driving record.
UsaaUSAA's auto insurance prices are very fair when compared other companies although they might not be the lowest in the market. I believe in the quality of the insurance rather than the price.
Safeco InsuranceI really like the value we get. We have a low rate and great coverage. We also have an umbrella policy that provides piece of mind.
GeicoMy auto insurance company is pretty comparable to other companies in cost and coverages offered. I prefer them over other companies because they have a local office and they're customer service is great.
Allstateoverall I feel that allstate is one of those best bang for your bucks company's where my dollar really stretches and I get a phenomenal bit of coverage for my home and auto
AaaYou can't get to talk to the same customer service representative.
ProgressiveThey are great, my son had a accident and they did not drop me, just raised the premium on his side of insurance. Gave me the option to take him off and add back later if need be.
GeicoGeico is really good to find a great deal with all the bonus of coverage. I think that they try to work for their customers not against them.
Citizens Property InsuranceBeing able to communicate through email is great. Having the ability to text chat and face time is paramount. Being we live in the country, it takes a while to get anywhere.