Hawaii law mandates drivers must carry liability insurance to cover other people’s expenses when they cause an accident, but many also opt to add comprehensive and collision coverage as extra layers of protection against damages to their own vehicles. You may also opt for higher or lower limits which will have an effect on premium costs – whatever coverage options best meet your needs, it is always a wise idea to make informed choices to ensure you don’t overpay.
Hawaii car insurance costs an average annual cost of $1,306, significantly lower than the national average of $2,014. Your costs may depend on factors like driving history and claims experience as well as vehicle type and coverage limits you select.
Every city is affected differently by car insurance rates, depending on factors like accident rate, theft rates and average mileage. Drivers in areas with higher crime rates usually pay more for auto insurance compared to safer cities; similarly for drivers with prior speeding tickets or DUI convictions that raises rates even without being at-fault in an incident.
Driver age and gender also have an effect on car insurance premiums. Younger drivers typically face greater accident risks, leading to a spike in rates over time. Conversely, as older drivers gain experience on the road their rates usually decline with time; however they may start increasing again once some aspects of aging interfere with driving ability.
Credit scores and personal data can have an effect on car insurance premiums, with certain states permitting insurance companies to consider a driver’s credit score when setting rates while others don’t. Insurers may also take other policies into consideration such as homeowners or boat insurance when setting premiums; and their choice of vehicle, safety features and deductible can all have an effect.
Compare quotes from multiple insurance providers in Hawaii using our free online tool and gain a better idea of your potential costs. After answering a few simple questions, our tool will match you up with top-rated insurers that best suit your specific needs – this process may save time and money when combined with home or condo policies for discounts; or use this article on how to lower car insurance rates as further resources on saving.