Learn Proven Techniques to Save on Hollywood Car Insurance

I can’t think of anyone who enjoys paying for car insurance, particularly when the cost is way too high.

Multiple insurers compete for your insurance dollar, so it can be very hard to choose a company to get the lowest rate

If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this information. Choosing the best insurance company for you in Hollywood is quite easy. Nevertheless, Florida car owners must comprehend how insurance companies price insurance differently and use this information to your advantage.

Comprehensive Car Insurance Comparison in Hollywood, FL

There are several ways you can shop for car insurance and some are less labor-intensive and much quicker. You can waste a few hours (or days) talking to insurance companies in Hollywood, or you could use the web to achieve your goal.

The majority of car insurance companies belong to a marketplace where insurance shoppers complete one form, and each company provides a quote based on that information. This prevents consumers from doing repetitive form submissions for each company.

To find out what other companies charge click here to start a free quote.

The only downside to pricing coverage this way is you cannot specify which insurance companies you will receive quotes from. If you prefer to choose specific providers to request quotes from, we put together a list of the cheapest car insurance companies in Florida. Click here to view list.

It’s up to you how you get prices quotes, just double check that you are using identical coverage limits and deductibles for each price quote. If each company quotes different limits and deductibles on each one it will be impossible to find the best deal in Hollywood. Quoting even small variations in insurance coverages may cause a big price difference. Just keep in mind that more quotes helps you find better pricing.

Don’t miss out on these money-saving discounts

Companies offering auto insurance don’t always publicize every discount very clearly, so we break down some of the best known and the harder-to-find car insurance savings.

  • Distant Student – Children who live away from home and do not have a car may qualify for this discount.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Own a Home – Being a homeowner may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • No Accidents – Claim-free drivers pay less as compared to bad drivers.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.

It’s important to understand that many deductions do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way.

To see a list of insurance companies with discount car insurance rates in Florida, click here.

Learn How to Buy Car Insurance Cheaper

It’s important that you understand some of the elements that help determine your car insurance rates. Understanding what impacts premium levels helps enable you to make changes that can help you get much lower annual insurance costs.

The following are a partial list of the pieces that factor into your rates.

  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles reduce injuries and fewer injuries translates into savings for insurance companies and thus lower rates.
  • Having a spouse can save you money – Getting married actually saves money on car insurance. Having a significant other usually means you are more responsible it has been statistically shown that drivers who are married are more cautious.
  • Your location affects your rates – Being located in a small town can save you money when talking about car insurance. Drivers in populated areas have to deal with traffic congestion and much longer commute distances. Less people living in that area means fewer accidents as well as less vandalism and auto theft.
  • A clean driving record saves money – Careful drivers have lower premiums compared to drivers with tickets. Even a single ticket can boost insurance rates by as much as thirty percent. Drivers who have flagrant citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Do you know you’re credit rating? – Your credit score is a huge factor in determining what you pay for car insurance. If your credit is lower than you’d like, you could save money insuring your by improving your rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with poor credit.
  • Drive less and save money – The more miles you rack up on your car in a year’s time the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles based on how the vehicle is used. Cars used primarily for pleasure use get more affordable rates as compared to vehicles used primarily for driving to work. Double check that your car insurance policy properly reflects how each vehicle is driven.
  • Men are more aggressive – The statistics show women are more cautious behind the wheel. Now that doesn’t mean men are worse drivers. Men and women are in accidents at a similar rate, but the males tend to have more serious accidents. They also receive more costly citations such as DWI and reckless driving.
  • Protect yourself with liability coverage – Liability coverage is the coverage that protects you in the event that a court rules you are at fault for causing damage or personal injury in an accident. It provides legal defense which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so do not skimp.

More tips and info about car insurance can be found at the Florida Office of Insurance Regulation website. Consumers can read consumer alerts, find disaster information, file complaints about an insurance agent or broker, and read enforcement actions against agents and companies.

Misconceptions in car insurance advertisements

Allstate and Progressive regularly use ads in print and on television. All the companies make an identical promise of big savings if you move your coverage to them. How does each company claim to save you money? This is how they do it.

Hollywood FL car insurance quote

All the different companies have a preferred profile for the driver they prefer to insure. For example, a profitable customer might be between 25 and 40, has no tickets, and has excellent credit. Any driver who matches those parameters will get very good rates and as a result will probably cut their rates substantially.

Drivers who don’t qualify for the “perfect” profile will be charged higher prices which usually ends up with business going elsewhere. Company advertisements say “customers who switch” not “everybody who quotes” save that kind of money. That’s the way companies can truthfully claim big savings. That is why you need to get as many comparisons as possible. It’s not possible to predict the company that will have the lowest rates.

Buy online or local, you save

While you’re price shopping online, do not skimp on coverage in order to save money. There are a lot of situations where someone sacrificed physical damage coverage and learned later that it was a big mistake. The proper strategy is to find the BEST coverage for the lowest price while still protecting your assets.

Lower-priced car insurance can be sourced both online and also from your neighborhood Hollywood agents, so you should compare both to have the best selection. Some companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.