Hollywood ,FL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Hollywood, FL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Hollywood, FL is $2008. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Hollywood, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Hollywood, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $803 |
| $200,000 | $1,365 |
| $300,000 | $1,687 |
| $400,000 | $2,570 |
| $500,000 | $3,233 |
Home insurance costs in Hollywood can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 033019 | $2,061 |
| 33028 | $2,013 |
| 33027 | $1,940 |
| 33026 | $1,915 |
| 33021 | $1,932 |
| 33025 | $1,893 |
| 33020 | $1,873 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Hollywood, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,059 |
| $1000 Deductible | $1,841 |
| $1500 Deductible | $1,737 |
| $2500 Deductible | $1,566 |
| $5000 Deductible | $1,325 |
| Home Insurance Company Near Hollywood, FL | Homeowners Insurance Agency Near Hollywood, FL | Address |
|---|---|---|
| NA | Dtrt Insurance Group, Inc. | 2265 W Hillsboro Blvd Ste B Deerfield Beach, Deerfield Beach, FL, 33442 |
| Travelers | East Coast Insurance Group Inc | 612 N FEDERAL HWY, BOYNTON BEACH, FL, 33435 |
| Travelers | Floridian Discount Insurance Agency | 2230 N FEDERAL HWY, BOCA RATON, FL, 33431 |
| Travelers | Keystone Insurance Group Inc | 21301 POWERLINE RD STE 312, BOCA RATON, FL, 33433 |
| Allstate | Penelope Wimberly | 3960 Hypoluxo Rd Ste 201, Boynton Beach, FL, 33436 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Dania Beach city, Florida | $146 | $195 | $292 |
| Pembroke Park town, Florida | $138 | $184 | $276 |
| Hallandale Beach CCD, Broward County, Florida | $144 | $192 | $288 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Hollywood, FL | 5.6% | 18.1% |
| Dania Beach | 5.46% | 20.85% |
| Pembroke Park | 7.56% | 23.45% |
| Hallandale Beach | 6.28% | 17.63% |
| Hollywood Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 764 | 2.0% | $1234 |
| $500 to $749 | 3,668 | 13.0% | $1909 |
| $750 to $999 | 7,738 | 28.0% | $2659 |
| $1,000 to $1,499 | 10,003 | 36.0% | $3784 |
| $1,500 or more | 4,666 | 17.0% | $5434 |
| Streets in Hollywood Area | Homeowners Insurance Cost |
|---|---|
| Josie Billie Ave, SE 32nd St, N 69th Ave, SW 16th Ave, N 60th Way, Violet Dr, N 13th Ct, N 65th Ter, Teepee Trl, Allen St | $1,164 |
| Dawson St, Orange St, NW 60th Way, SE 13th Ter, SE 23rd St, N 40th St, Hollywood Mall, S 12th Ave, E Okomo, Owens Ct | $1,555 |
| NW 14th Way, Mariner Ct, S Highland Ct, E Okomo Dr, Lucille Dr, SE 26th St, A St, Cherrypalm Ln, S 44th Ave, N 61st Ave | $1,210 |
| Hillcrest Ln, N North Lake Dr, Spinnaker Dr, Coral Way, South St, W Coral Way, W Okomo Dr, N 51st Ave, Isadore Mizell State Rte, SE 3rd Ln | $1,101 |
| S 58th Ter, SW 45th Ct, Essex Rd, Rose Dr, Lyontree St, E Deer Run, N 38th Ave, W Osceola Cir, Carriage Dr, N 41st Ave | $1,164 |
| SW 17th Ave, Chestnut Ln, Queen Palm Ct, Minnesota St, Park Rd, N 45th Ave, Banyon Ct, Crocus Ter, Hidden Harbour St, SE 32nd St | $1,276 |
| N 40th Ave, N 40th Ave, Pin Oak St, Emerson Dr, SE 21st Ave, Harbor Vw W, S 24th Ter, N Trafalgar Cir, Lakewood Ln, SW 20th Way | $1,238 |
| N 62nd Ave, S 23rd Ave, SE 22nd St, N 17th Ave, 33rd Ter, N 17th Ave, N 12th Ct, Mangrum Ct, N 59th Ter, N 36th Ct | $1,108 |
| Canella Ln, Shoreline Way, Emerald Pointe Dr, SE 24th St, Phippen Waiters Rd, S 66th Ave, Indiana St, N 37th Ave, Davie Rd Exd, N 34th Ave | $1,257 |
| N 37th St, Trl End, SW 38th Way, Harbor Beach Pkwy, Barbados Blvd, N 52nd Ave, W Dania Beach Blvd, N 57th Ave, Heather Ln, SW 33rd Ln | $1,134 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Hollywood | $176 to $179 |
| Dania Beach | $175 |
| Pembroke Park | $165 |
| Hallandale Beach | $173 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | Southern Fidelity Insurance | $4,105 |
| 150,000 | 27 | NO | Tower Hill Select Insurance | $6,531 |
| 150,000 | 27 | YES | American Integrity Insurance | $2,327 |
| 150,000 | 27 | YES | Florida Peninsula Insurance | $3,148 |
| 150,000 | 27 | YES | Tower Hill Preferred Insurance | $2,835 |
| 150,000 | 27 | YES | Tower Hill Prime Insurance | $2,040 |
| 150,000 | 27 | YES | United Property & Casualty Insurance | $2,276 |
| 300,000 | 12 | NA | Castle Key Indemnity Company Insurance | $3,251 |
| 300,000 | 12 | NA | First Protective Insurance | $3,509 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $2,200 |
| Yearly Hollywood Homeowner Insurance Premium Example | $4,100 | $3,900 |
| Out of Pocket Expense During Claim | $1,200 | $2,200 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $34,000 | $33,400 |
| Net Savings to Hollywood Home Owner from High Deductible Plan | $600 | |
| Scenario | Hollywood, FL Home Replacement Value MORE than Home Value | Hollywood, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $196,500 | $138,000 |
| Insurance Premium based on Replacement Value | $4,175 | $2,925 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $34,500 | Risk Exposure from Under Insuring Coverage is $24,000 |
| Premium Impact | Insurance cheaper by $525/year | Insurance costlier by $725/year |
| Insurance Company | GEICO Insurance | Liberty Mutual | State Farm |
| Monthly Premium | 186 | 316 | 467 |
| Year Built | 1983 | 1977 | 1960 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $150000-$175000 | $175000-$200000 | $250000-$300000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | $500 Deductible |