How Much Does Car Insurance Cost in Hollywood, FL?
Comparing car insurance quotes in Hollywood has never been easier with the help of InsuranceQuotes. By utilizing their platform, individuals can easily access a vast network of local and national insurance providers to find the cheapest auto insurance policy rates that suit their needs. With the aim to save both time and money for its users, InsuranceQuotes offers a seamless and reliable service for those looking to secure affordable car insurance options in Hollywood. Their professional and informative tone ensures that individuals are well-informed about all available choices, enabling them to make an informed decision based on their specific requirements.
How much should you expect to pay on average for car insurance in Hollywood?
Average Hollywood Car Insurance Rates:
- State Minimum Liability: You can expect to pay $155 a month or $1,861 a year.
- Full Coverage: You can expect to pay $467 a month or $5,601 a year.
InsuranceQuotes cost rates are pulled from our real-time auto insurance database from recent quotes in Hollywood – Rates are based on a used car driver who is single, middle aged & has a clean driving record. Read on to learn about the cheapest local rates filtered by insurance providers, new cars, vehicle types and age.
Cheapest Car Insurance Providers in Hollywood?
- In Hollywood on average the cheapest auto insurance providers are GEICO, State Farm and Direct Auto.
- State minimum liability car insurance starts at $93 a month or $1,119 a year.
- Full coverage car insurance costs around $337 a month or $3,451 a year.
Here is a breakdown of average costs from the cheapest local insurance providers in Hollywood from our data set of used-car drivers who are single, middle aged and have a clean driving record.
| Insurance Provider: | Minimum Liability: | Monthly: | Full Coverage: | Monthly: |
|---|---|---|---|---|
| GEICO | $1,119 | $93 | $4,048 | $337 |
| State Farm | $1,181 | $98 | $3,069 | $256 |
| Direct Auto | $1,645 | $137 | $5,713 | $476 |
| Allstate | $1,819 | $152 | $6,003 | $500 |
| Progressive | $1,832 | $153 | $4,354 | $363 |
How Much Car Insurance is Required in Florida?
In Florida, here is the amount of auto insurance coverage that is required by the state to operate a vehicle legally:
- Personal Injury Protection (PIP):
- $10,000 in PIP coverage is required.
- Property Damage Liability (PDL):
- $10,000 in PDL coverage is required.
Florida is a “no-fault” state, which means that drivers are required to carry PIP coverage to help pay for their own medical expenses and those of their passengers regardless of who is at fault in an accident.
The minimum coverage required in Florida (i.e., PIP and PDL) might not be sufficient to cover all expenses in the event of a severe accident. Additional coverage beyond the state’s minimum requirements may be advisable for better financial protection.
When purchasing car insurance in Florida, consider factors such as the value of your assets, your driving habits, potential risks, and your budget.
How to Save Money on Auto Insurance Policies
You can save money on your auto insurance by:
- Getting quotes from different companies and comparing prices.
- Taking a Defensive Driving Course to lower your rates.
- Asking about discounts for security features, such as anti-lock brakes, air bags, and passive restraint systems.
- Seeking companies that offer bundle discounts for home and auto insurance.
If you are older than 18 and you haven’t bought auto insurance before, you may have to pay higher rates. However, you can save money by asking about discounts that may be available to you. For inexperienced and younger drivers, these include discounts for good grades and driving safely.
