Deciphering which companies offer the lowest-priced car insurance rates in Hollywood calls for a tad more effort thank just comparing rates from one or two companies.

Every auto insurer has a proprietary method to set their prices, so let's take a look at the car insurance companies with the most affordable rates in Hollywood, FL. It's important that you understand Florida car insurance rates are influenced by many factors that control the price of your policy. Turning one year older, getting married, or having an at-fault accident may generate price changes resulting in some companies being cheaper than competitors.

Rankings for the cheapest car insurance companies in Florida
Rank Company Cost Per Year
1 USAA $948
2 Electric $1,712
3 Amica $1,764
4 Progressive $1,775
5 Mercury $1,914
6 Travelers $1,945
7 Allied $1,945
8 Esurance $2,020
9 State Farm $2,047
10 Auto-Owners $2,085
11 GEICO $2,172
12 Allstate $2,317
13 21st Century $2,373
14 Windhaven Insurance $2,549
15 Safeco $2,898
16 Hanover $2,964
17 MetLife $2,988
18 Liberty Mutual $3,039
19 United Automobile $3,457
20 Direct General $3,942
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USAA generally has some of the cheapest car insurance rates in Hollywood at around $948 annually. This is $1,500 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Mercury would also make the list of some of the cheapest Hollywood, FL insurance companies.

As illustrated above, if you currently have a policy with Progressive and switched to Electric, you may realize a yearly price reduction of approximately $63. Insureds with Mercury may save as much as $202 a year, and Travelers policyholders might cut rates by $233 a year.

Remember that these premiums are averages for all ages of drivers and types of vehicles and are not factoring in a specific location in Hollywood. So the car insurance company that fits your needs best may not even be in the top 21 companies in the list above. That points out the importance of why you need to get auto insurance quotes using your own specific driver and vehicle information.

For drivers in Hollywood, one of the more important things that help determine car insurance rates is where you choose to live. Cities with more crime and/or more people will most likely pay more, whereas less populated areas tend to receive slightly lower rates.

The next table shows the highest-priced places in Florida to purchase auto insurance in. Hollywood is ranked at #7 with a yearly premium of $2,604 for the average policy, which is about $217 monthly.

How much does car insurance cost in Hollywood, FL?
Rank City Annual Rate
1 Hialeah $3,630
2 Miami Gardens $3,277
3 Miami $3,273
4 Miami Beach $3,043
5 Miramar $2,709
6 West Palm Beach $2,679
7 Hollywood $2,604
8 Pompano Beach $2,595
9 Coral Springs $2,574
10 Tampa $2,558
11 Fort Lauderdale $2,475
12 Davie $2,473
13 Pembroke Pines $2,431
14 Brandon $2,298
15 St. Petersburg $2,286
16 Clearwater $2,172
17 Spring Hill $2,039
18 Orlando $2,029
19 Jacksonville $2,020
20 Port St. Lucie $1,994
21 Cape Coral $1,860
22 Lakeland $1,827
23 Tallahassee $1,801
24 Palm Bay $1,786
25 Gainesville $1,646
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Prices are estimated as specific Hollywood zip code can lower or raise prices considerably.

The type of vehicle you are buying coverage for is one of the largest considerations when trying to find cheap coverage in Hollywood. Vehicles with lower acceleration and performance, good safety features, or a positive history of liability claims will cost much less to insure than fast, unsafe models.

The information below shows car insurance costs for the more affordable vehicles to insure in Florida.

Cheapest Vehicles to Insure in Hollywood, FL
Insured Vehicle Estimated Cost for Full Coverage
Ford Escape XLS 2WD $1,898
Honda Accord LX-P 4-Dr Sedan $2,074
Honda CR-V LX 4WD $2,079
Toyota Prius $2,102
Dodge Grand Caravan CV $2,121
Ford F-150 XLT Crew Cab 2WD $2,323
Honda Odyssey EX-L W/Navigation $2,363
Nissan Rogue S 2WD $2,403
GMC Sierra SLE Regular Cab 4WD $2,406
Volkswagen Jetta SE 4-Dr Sedan $2,416
Chevrolet Equinox LTZ AWD $2,406
Ford Fusion SE 4-Dr Sedan $2,413
Jeep Wrangler Unlimited Sahara 4WD 4-Dr $2,431
Chevrolet Silverado 3500HD LT Crew Cab 2WD $2,450
Toyota Camry LE $2,456
Jeep Grand Cherokee Laredo 2WD $2,461
Toyota Tacoma 2WD $2,468
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Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in specific zip code location which can affect premiums substantially.

By looking at the data, vehicles like the Ford Escape, Honda Accord, and Honda CR-V are some of the most affordable vehicles to insure for drivers in Hollywood.

Get discount Hollywood auto insurance rates

Auto insurance companies that offer quotes in Hollywood may also give you discounts that could reduce prices by as much as 35% or more if you can meet the requirements. Popular insurance companies and their possible discounts can be read below.

The example below compares insurance prices with and without discounts applied to the rates. The information is based on a male driver, a clean driving record, no claims, Florida state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with accident-free, anti-theft, marriage, passive restraint, defensive driving course, and multiple policy discounts applied. When discounts are applied, the average amount saved each year on insurance in Hollywood is 28% or $486.

The information below demonstrates how deductible levels can influence yearly insurance costs when trying to find cheap insurance in Hollywood. The premiums are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

A 50-year-old driver could pocket $344 a year by increasing from a $100 deductible to a $500 deductible, or save $518 by changing to a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could drop their prices as much as $1,126 each year just by using higher deductibles. If you make the decision to raise deductibles, it is a good idea to have plenty of savings on hand to allow you to pay the extra out-of-pocket expense, which deters some people from using high deductibles.

How to find the cheapest car insurance in Hollywood

It is possible to find better rates, and here are many thrifty solutions that can help drivers get cheap coverage.

The last tip is extremely important, as was stressed in the prior article. Prices charged by auto insurers fluctuate constantly, so you should be ready to buy from a new company if a lower price can be found.

Having a favorite company is fine, but is isn't recommended if that loyalty ends up costing money that could be going to better use. It takes less than five minutes to compare rates and find cheaper car insurance in Hollywood.