Learn more about the state of Hawaii and its car insurance situation below. Continue reading to discover basic information about Hawaii, average insurance rates, accident statistics, car insurance laws and minimums in the state, and how to find cheap auto insurance in the “Aloha State.”
An Intro To Hawaii
Hawaii is comprised of a chain of 132 islands. We typically think of the eight main islands once we think of Hawaii. This is not surprising since the other 124 islands only total about 3 square miles in land area.
Hawaii is home of the whole world’s most active volcano, the crater of Kilauea on Mauna Loa. Towering volcanoes, sandy beaches, and lush valleys lure thousands of tourists annually to this tropical heaven.
Hawaii is one of the most ethnically and racially diverse state of any state in the union, a mix that includes Caucasians, Americans of Japanese ancestry, and Polynesians, amongst others. Native Hawaiians have held on to many of the customs and traditions regardless of the influx of non-natives through recent years. Statehood had been proposed many times throughout Hawaii’s history, but it wasn’t until 1959 that Hawaii became the 50th state of the United States.
Hawaiian Insurance Rates
No one can deny the truth it is not affordable to live in Hawaii, though permanent residents definitely have an edge over tourists as it pertains to purchasing day to – day items. Insurance is surprisingly unaffected, however, by either the Aloha State’s geographical peculiarities or its reputation for high living costs. Based on the National Association of Insurance Commissioners, the typical cost of Hawaii auto insurance is $873 a year (placing it only over the national average of $795); the hottest home insurance policy throughout the nation, the HO-3, costs an average of $776 a year in Hawaii and $804 a year nationally. These averages say very little about individual coverages, nevertheless they do illustrate one important bit of advice very well: Hawaiians do not pay much more or much less for common insurance policies than mainland Americans.
Hawaii Auto Accident Stats
Insurance may be more expensive than average in the state of Hawaii thanks to their high rate of auto accidents. The state of Hawaii has one of the greatest auto accidents in america. Based on the Hawaii DMV, the auto accident rates have been steadily growing over the past ten years. Fatalities from auto accidents have been on a slow increase too. In the year 2000, there were 132 deaths in Hawaii from auto accidents. In 2009, there were 163. Hawaiian officials have been looking at the reasons for this increase, since deaths have been growing. They’ve found that alcohol and substance influence and driving aggression topped the list of causes.
Hawaii Auto Insurance Requirements
Considering these accident statistics, having motor vehicle insurance is essential to owning a motor vehicle in Hawaii. Hawaii State law requires that your vehicle be insured through the entire motor vehicle registration period and that you possess a valid Hawaii motor vehicle insurance identification card in you motor vehicle at all times. You may be fined and ticketed should you use a vehicle without the necessary motor vehicle identification card.
If you do not have insurance on your motor vehicle, you have to concede the registration certificate and license plates to the county director of finance. And when you do this, you will not have the capacity to drive the vehicle.
Hawaii Insurance Minimums
- $20,000/40,000 in Bodily Injury Liability Coverage
- $10,000 in Personal Injury Protection Coverage
- $10,000 in Property Damage Liability Coverage
- $20,000/40,000 in Underinsured Motorist Coverage (optional)
- $20,000/40,000 in Uninsured Motorist Coverage (optional)
This means that in Hawaii, your minimum motor vehicle insurance coverage must have protection for you and your passengers of $10,000 per person personal injury protection benefits. This is for paying medical and rehabilitative costs.
Your mandatory coverages also comprise a $20,000 per person/$40,000 per accident bodily injury liability and a $10,000 per occurrence property damage liability. These cover damages for the injured party when you’re at fault in an injury.
Optional coverages and choices you may purchase include: collision and comprehensive, uninsured and underinsured coverages, wage loss, alternative care (including healing approaches like naturopathy, acupuncture and faith healing), death benefits (coverage range from $25,000 to $100,000), funeral benefits, (the coverage is $2,000), PIP deductible and PIP managed care.
Getting Cheap Auto Insurance In Hawaii
The best approach to compare vehicle insurance rates in Hawaii is to see an auto insurance comparison site where you are able to get rate estimates from multiple insurance firms in a single spot. All you do is fill out a simple form, wait for the estimates, compare them, then choose the one.
Other ways to save money on your auto insurance include:
- Increasing your deductible. This could save your hundreds of dollars per year on your own insurance.
- Getting discounts. Request your insurance company about all the reductions you are eligible for and contain them in your policy.
- Losing your comprehensive and collision coverage. In case your vehicle is worth less than your insurance premium plus your deductible, consider dropping your collision and comprehensive coverage altogether.
Whether you live in Maui or Oahu, forautoinsurancequotes.com can help you save on your car insurance rates. To get a free Hawaiian auto insurance quote, scroll up to the top of this page and enter your zip code to begin. We will give you the most competitive rates from all the top insurance providers in Hawaii.