Palm trees and hula skirts aren’t enjoyable when you’re not riding through the islands with the proper state-required auto insurance. It’s a crime on the islands, and you certainly don’t want to be a criminal! It dulls the beautiful sunshine just a little bit when you know you’re not 100% legit, and Hawaii is too beautiful to allow this to happen! Auto insurance is mandatory in Hawaii because costs of an accident can easily accrue thousands of dollars. You are responsible for this money if you aren’t insured! Auto insurance keeps you safe, day in and day out, taking care of all of the damages (medical and property) up to a specified, pre-selected amount.
Hawaii Car Insurance Requirements
At a minimum you must have coverage that includes the following:
Bodily Injury coverage: $20,000/$40,000 for all injuries
Personal Injury Protection (PIP): $10,000
Uninsured/Underinsured Motorist coverage: $20,000/$40,000 per accident
Property Damage coverage: $10,000
If you are not comfortable with such low amounts of coverage you can always elect to add higher amounts of coverage.
Optional Car Insurance in Hawaii
In addition to the state-required coverage, optional insurance can also be added to your policy for additional valuable protection. Optional types of car insurance includes:
Collision: Collision coverage provides payment should you have a collision with another vehicle or object, with some restrictions.
Comprehensive: Comprehensive insurance is usually offered packaged with collision coverage. This type of insurance covers costs of an accident caused by damage not caused by another vehicle. This can include theft, fire, flood, or those petrifying volcanos that are known to occur in Hawaii.
This insurance may or may not be beneficial to you. Speaking to an insurance agent will help you learn whether or not these coverages will benefit you.
Factors affecting Hawaii Car Insurance Rates
If you are curious to know, there are several factors that influence the monthly cost of your car insurance coverage. Some of those factors are pre-determined, and some that you have control over. Factors influencing car insurance rates include:
- Age and gender
- Marital Status
- Educational Background
- Driving history
- Type of vehicle that is being insured
- Amount of coverage you want to add to your policy
- The island/area that you live in
Men typically pay a bit more for their coverage while married couples with college degrees are paying less. Any infractions on your driving record can affect the cost considerably. The average driver will pay $1,234 annually to insure their vehicle in Hawaii, which is considerably lower than the national average. Your rates may be higher or lower depending upon the factors listed above.
Hawaii Car Insurance Discounts
While it is mandatory to carry auto insurance in Hawaii, what isn’t mandatory is spending a ton of cash for the coverage. Whether you want state-required coverage or more, there are several discounts that can dramatically crunch your car insurance rates. Those discounts include:
- Multi-Auto discount
- Good Driver discounts
- Multi-Policy discounts
- Passive Restraint discount
- Vehicle Safety discount
- Student Discounts
Auto insurance companies may also offer additional discounts, such as those for being a loyal customer, choosing online bill payment or others. It is a good idea to ask about all available discounts when signing on the dotted line for your policy. This is the best way to get the lowest rates.
Hawaii Car Insurance Quick Facts
Hawaii is one of the more lenient states as far as auto insurance is concerned. While there is not a points system used to accumulate on your driving record, too many accidents or tickets can result in the suspension of your driving privileges.
Hawaii is a no-fault state. This means that the insurance company will pay for the damages of the accident regardless of who is at-fault. While many people find this beneficial, it is important to note that this does limit your abilities to file a lawsuit in the accident.