If you’re a resident of Hawaii, it’s important that you know the car insurance rates in your area. You can save hundreds of dollars annually by comparing quotes from different providers. However, rates vary by city and region, and there are a number of factors that can affect them.
While the population is one of the major factors in how much car insurance costs, other factors also come into play. Your driving record and the type of car you drive are two factors that can greatly affect the cost of your policy. You can also take advantage of various discounts.
In Hawaii, drivers can participate in the Drive Safe & SaveTM program to receive a 30% discount on their auto insurance if they meet certain criteria. This is especially helpful for young drivers, as most states charge them higher rates for being a young, inexperienced driver.
Insurers can also calculate your premium based on your credit history. This helps determine the reliability of a company. If you have a bad credit history, it can cause you to pay a higher premium.
Another factor that can increase your insurance costs is driving under the influence of alcohol or drugs. If you have a DUI, you will face the highest insurance rates of any traffic violation. If you are convicted of a DUI, you can expect your annual premium to rise by an average of $1113.
The state has a minimum liability insurance requirement, which is $10,000 property damage liability for each accident and $20,000 bodily injury liability per person. You can choose to purchase comprehensive coverage, which can protect your vehicle in the event of an accident with an uninsured motorist. This type of policy may be a good investment if you live in an area with high rates of vandalism or other risks.
In Hawaii, you can also get discounts for owning a home, being a student, being a good driver, and if you’ve been insured for a specific period of time. Additionally, you may qualify for a multi-vehicle discount. If you own several vehicles, you may also be able to get a discount on all your policies.
The best providers of car insurance in Hawaii are Geico and USAA. In the past, these companies were ranked as the cheapest in the country, and both have a reputation for offering a wide range of discounts. In addition to great prices and customer service, these providers also offer excellent claims handling.
Other companies in the top five in Hawaii include Progressive and 21st Century. All five providers received superior ratings from AM Best.
The best car insurance companies in Hawaii combine great service with a fair price. These providers don’t have large advertising budgets, and they focus on providing a superior product.
If you’re a young driver, you’ll find that Geico’s rates are the cheapest in the state. In fact, their monthly rates are 45% less than the national average. They also offer a wide variety of discounts, including roadside assistance, emergency road service, mechanical breakdown insurance, and rental car reimbursement.