Finding auto insurance in Hawaii can be a challenge. So many factors go into determining what auto insurance premiums should cost, and it is important to find the best car insurance in Hawaii for your needs. AutoinsurenceIT took all of these factors into consideration when looking at auto insurance providers in Hawaii, and found that many affordable options are available to help you save money on premium payments. You may even save up to $811 by comparing rates from multiple providers!
Cheapest Minimum Liability Car Insurance Companies and Quotes in Hawaii
Vehicle owners are required to have auto insurance in Hawaii. They can find the cheapest car insurance a minimum liability coverage policy that meets the state’s car insurance requirements. The cheapest providers of minimum coverage in Hawaii are:
- USAA: $297 per year (Only people in the military or have been in the military can use this.)
- GEICO: $333 per year
The most expensive car insurance for minimum coverage is Progressive, costing $739 per year on average. Kids in the passenger seat of your vehicle may save you up to $811 a year. The following chart includes estimated yearly prices based on various factors and should serve as a guideline for comparing quotes from Hawaii’s most affordable providers. These estimates are only for an average driver in the state, so they shouldn’t be used to compare different car insurance rates.
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A typical minimum coverage policy in Hawaii covers only bodily injury, property damage liability, and personal injury protection. A driver wishing to cover damages to their own car or protect against higher liability costs should buy a full coverage policy instead.
Cheapest Coverage Car Insurance in Hawaii
Your primary goal is to find the cheapest rate for car insurance. A full-coverage policy with higher liability limits and comprehensive collision insurance will ensure you’re protected against most road accidents in Hawaii. However, it will cost more than a minimum coverage policy, so make sure you can afford the larger premium payment. The cheapest car insurance companies in Hawaii for full coverage are:
- GEICO: $646 per year
- USAA: $657 per year (only available to current and former military members)
The most expensive car insurance in Hawaii comes from Progressive, with rates averaging $1,457 yearly.
Average Comprehensive And Collision Rates In Hawaii
The insurance rates are different for everyone. An example is estimating how much you might pay with comprehensive and collision coverage on an individual basis, which includes $100,000 in bodily injury liability per person ($300k total), $100,000 property damage coverage per accident ($200k total)
Best Car Insurance Companies in Hawaii for 2021
Based on AutoinsurenceIT’s data, The best auto insurance companies in Hawaii for most drivers are:
- Best Overall: GEICO
- Runner-up: State Farm
USAA has been recognized as the best auto insurance company in Hawaii for a second year running by Autoinsuranceit’s rating system. By only providing coverage to military members, veterans, and their families USAA is not listed as “best overall”. In addition to this recognition, it was reported that Hawaiian residents save an average of $1,249 per policyholder yearly because they can purchase cheaper non-USAA policies without sacrificing quality or safety standards.
To find the best car insurance companies in Hawaii, Insneed to look at factors like affordability (e.g., ability to pay claims, customer service quality), financial strength, and more. By comparing quotes from some of these top-rated providers, you could save as much as $811 annually on your premium payments. Insneed conducted a study comparing price, customer satisfaction, and financial strength ratings. The company ranked Hawaii’s top affordable car insurance provider and saved money by getting quotes from multiple companies. While USAA scores highly in many areas, this provider is only available to military members and their families.
List of the Largest Insurance Companies in Hawaii
The three biggest insurers in Hawaii are GEICO, State Farm and USAA. Market share is calculated as the number of premiums written by an insurance company divided by the total number of premiums written in the state. A large provider can pay out claims without hassle but may not have affordable rates or policies that best suit your needs.
How to Compare Cheap Hawaii Car Insurance Quotes Online
Most insurance companies in Hawaii have a website where you can get the insurance price.
- Understand the coverages you need in order to compare quotes more effectively. For example, if one provider offers a comprehensive collision plan with no deductible, make sure to use the same coverage level as other providers.
- Getting quotes from USAA, GEICO, and State Farm could help you find the cheapest company for your liability coverage. The prices vary significantly between these three providers; some are up to $811 cheaper than other companies in Hawaii.
What Is the Average Cost of Auto Insurance in Hawaii?
What are the factors that affect how much you pay for car insurance? If you’re a 40-year-old male living in Virginia with an average history, your premiums would be around $2,800. But if this person was female and lived in Pennsylvania instead of Virginia they could expect their costs to go down by about $1,000 per year because women tend to have lower accident rates than men.
Car insurance premium costs vary according to several unique factors which can include gender identity or location type (urban/suburban). To demonstrate a typical case AutoinsurenceIT calculated average 100/300/100 comprehensive and collision coverage cost estimates for people who live in different parts of America like New York City vs Philadelphia but also
- Average Driver: $1,066
- DUI: $3,346
- Speeding Ticket: $1,253
- Poor Credit Score: $0
- Seniors: $1,066
- Students: $995
What You Need to Know
Hawaii has one of the lowest rates for uninsured drivers because they require insurance on all motor vehicles registered in their state. Only 10% drive without auto coverage, which is less than half the national average! Motorcycle and motor scooter drivers are exempt from the personal injury protection (PIP) requirement but must still purchase the minimum bodily injury liability insurance.
Motorcycles and motorcycles can’t make claims on their own for injuries sustained while driving, so it’s no surprise that they’re also exempted from PIP requirements. Still, these riders need to buy a similar level of property damage coverage as other motorists to avoid getting hit with fines when something goes wrong, like if you scratch somebody else’s car or break one of its windows by accident.
Proof of Insurance in Hawaii
In Hawaii, it is a requirement to have a valid Hawaiʻi motor vehicle insurance identification card in your vehicle. If you do not and police stop you, you can be ticketed with penalties.
Minimum Liability Insurance Requirements in Hawaii
In Hawaii, you need to buy the following minimum coverage:
- You need $10,000 in personal injury protection to cover your medical expenses for things like getting hurt. This is no matter who is at fault.
- You will be liable for third-party medical expenses up to $20,000 per person if you are at fault.
- You should have $40,000 in insurance coverage for people hurt in an accident.
- If you are at fault, you must have $10,000 worth of insurance for the damage you do to other people’s property.
Your insurance agent must legally inform you about uninsured and underinsured motorist coverage. If you choose not to buy this type of cover, make sure it’s in writing so there are no misunderstandings down the line!
How Much Coverage Do You Need in Hawaii?
Liability coverage should be as high as possible; $100,000 per person and $300,000 per accident are recommended. To keep premiums down, you should stagger the time between coverage purchases to take advantage of lower rates. Maintaining a clean driving record can also reduce your premiums. Not only does driving less help keep gas prices down, but it also lowers your car insurance premiums! Driving infrequently could mean 15-25% off in some cases.
It may be time to buckle up and take a long way home if you want lower rates on your auto insurance. Drivers who drive often can save a bundle by taking care of their cars properly and using them sparingly – that’s old school for budgeting wisely with what you have available now so future needs are met more easily!
Conclusion
If you live in Hawaii, finding affordable car insurance is a challenge. So many factors go into determining what auto insurance premiums should cost, and it’s important to find the best car insurance for your needs. Luckily Insneed has considered all of these factors when looking at auto insurers in Hawaii and found many affordable options available to help save money on premium payments. You may even save up to $811 by comparing rates from multiple providers! Hopefully, this guide helped you with some ideas about how to get the best deal possible on your next policy purchase. good luck & may God bless you!
