Insurance Cost in Hollywood, Florida

Compare average insurance rates in Hollywood for 2026

Home
$4902
/year
Auto
$3021
/year
Health
$633
/month
Life
$25
/month
Renters
$26
/month

Home Insurance in Hollywood, FL

The average cost of homeowners insurance in Hollywood, Florida is $4,902 per year in 2026. This compares to the state average of $4,300 per year.

$4,902 per year (avg in Hollywood)
$3192 FL avg: $4,300 $8550

Factors Affecting Home Insurance in Hollywood

Home Value
Average: $390,000
Weather Risk
high
Flood Zone
35% of properties
Cost Index
1.14 (100 = national avg)
Hurricane Zone: Hollywood is located in a hurricane-prone area. Home insurance premiums may include wind and storm surcharges. Coastal surcharges may apply to properties near the shoreline.

Home Insurance Coverage Comparison

Coverage Tier Dwelling Coverage Personal Property Liability Est. Annual Cost
Basic (HO-1) $312,000 $156,000 $100,000 $3,676
Standard (HO-3) $390,000 $195,000 $300,000 $4,902
Premium (HO-5) $487,500 $292,500 $500,000 $6,617

Auto Insurance in Hollywood, FL

The average annual cost of auto insurance in Hollywood is $3,021, compared to the Florida state average of $2,650.

$3,021 per year (avg in Hollywood)
$1938 FL avg: $2,650 $4332
Minimum Coverage in Florida: 10/20/10
No-Fault State: Florida is a no-fault insurance state. This means your own insurance pays for your injuries regardless of who caused the accident. Personal Injury Protection (PIP) coverage is required, which can increase premiums.

Auto Insurance Coverage Comparison

Coverage Level Liability Collision Comprehensive Est. Annual Cost
Liability Only State Minimum None None $1,661
Full Coverage 100/300/100 $500 deductible $500 deductible $3,021
Premium 250/500/250 $250 deductible $250 deductible $3,927

Health Insurance in Hollywood, FL

The average monthly health insurance premium in Hollywood is $633 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.

$633 per month (avg individual plan)

Health Insurance Plan Tiers

Plan Tier Avg Monthly Premium Typical Deductible Out-of-Pocket Max Best For
Bronze $455 $7,000 $9,100 Healthy, low usage
Silver $633 $4,500 $9,100 Moderate usage
Gold $791 $1,650 $8,700 Regular medical needs
Platinum $949 $0 $4,500 High usage / families

Life Insurance & Renters Insurance in Hollywood

💰 Life Insurance

$25
per month (20-year term, $500K)

Life insurance rates in Florida are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $25/mo for a 20-year term policy with $500,000 coverage.

🏢 Renters Insurance

$26
per month (avg in Hollywood)

Renters insurance in Hollywood covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.

Insurance Cost Calculator for Hollywood

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$390,000
2022
35
2
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Frequently Asked Questions

The average home insurance cost in Hollywood, FL is $4,902 per year for a standard HO-3 policy. Rates range from $3,192 to $8,550 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Hollywood is $3,021 per year for full coverage. Liability-only coverage averages around $1,359 per year. Florida requires minimum coverage of 10/20/10.
Insurance costs in Hollywood are above the national average (cost index: 1.14). Home insurance averages $4,902/yr and auto insurance $3,021/yr. Higher costs are driven by hurricane exposure, significant flood zones (35% of homes).
Key factors include: local cost of living (index: 1.14), hurricane exposure, significant flood zones (35% of homes), average home values ($390,000), your personal claims history, credit score, and no-fault insurance laws in Florida.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Hollywood residents can potentially save $1,585+ per year.
Florida requires minimum auto liability coverage of 10/20/10 (bodily injury per person / per accident / property damage in thousands). As a no-fault state, PIP coverage is also required.

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Insurance Costs in Nearby Cities

Jacksonville, FL

Home Insurance $2,162/yr
Auto Insurance $1,692/yr

Palm Bay, FL

Home Insurance $2,438/yr
Auto Insurance $1,908/yr

Bonita Springs, FL

Home Insurance $2,438/yr
Auto Insurance $1,908/yr

Miami, FL

Home Insurance $2,829/yr
Auto Insurance $2,214/yr

Forest Park, GA

Home Insurance $2,070/yr
Auto Insurance $1,620/yr

Newport News, VA

Home Insurance $2,162/yr
Auto Insurance $1,692/yr

Thomaston, GA

Home Insurance $2,070/yr
Auto Insurance $1,620/yr

Powdersville, SC

Home Insurance $2,139/yr
Auto Insurance $1,674/yr

Last updated: March 2026. Data sourced from state insurance departments, NAIC, and industry averages.