Home Insurance in Hollywood, Florida
Homes in Hollywood carry a median value of $410,600 - close to the Broward County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Hollywood was built around 1969. About 28% of homes were built before 1960, about 17 points above Broward County's 11%.
The housing stock in Hollywood is 49% single-family homes, 42% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
59% of owner-occupied homes in Hollywood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 59% of occupied homes in Hollywood are owner-occupied.
Most homes in Hollywood - 87% - are primarily heated with electricity.
What's the biggest home insurance risk near Hollywood? FEMA's National Risk Index points to hurricane (Very High) in Broward County and Broward County had 227,930 active NFIP flood policies as of September 2026. See the full Broward County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Florida, the statewide average premium for a standard HO-3 homeowners policy is $2,779 per year (NAIC, 2023 data).
Key figures
| Median home value | $410,600 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Broward County | 227,930 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
- Dania Beach
- Pembroke Park
- Hallandale Beach
- West Park
- Aventura
- Golden Beach
- Sunny Isles Beach
- North Miami Beach
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)