Hawaii is a stunning island state that provides residents with much to enjoy and see, from stunning beaches and lush scenery, to heavy traffic congestion on its roadways and overcrowded parking garages. Therefore, having adequate car insurance policies in place to protect both yourself and your vehicle in case of accidents is vitally important in Hawaii.
Hawaii car insurance costs depend on a range of rating factors, from your driving record and coverage choices, as well as whether or not teen drivers are added to the policy, to age of vehicle (younger drivers typically pay more). Furthermore, insurance premiums in different regions of Hawaii often differ significantly due to varied traffic conditions.
Hawaii State law mandates minimum liability coverage requirements of $20,000 in bodily injury liability per person and $10,000 property damage liability as well as personal injury protection (PIP). To be fully protected, however, consider purchasing additional liability or comprehensive/collision coverage; average premium for full coverage policies in Hawaii is around $1306 annually.
No matter the type of coverage you select, it’s crucial that you understand how car insurance rates in Hawaii are determined. The table below details key rating factors influencing these premiums as well as their uses in premium calculations.
As Hawaii is a no-fault state, PIP insurance covers your medical costs and lost wages after an accident regardless of who was at fault. Furthermore, this policy offers up to $10,000 of repair coverage should your vehicle become damaged in an incident. While this coverage can help cover these expenses effectively, having sole PIP may limit your ability to pursue at-fault parties for damages.
Hawaii car insurance costs can also be affected by traffic violations on your record, particularly speeding tickets and repeat offenses. A single ticket could increase by an appreciable amount while repeat offenders may see much larger spikes.
Your vehicle type and quality also play a factor when it comes to car insurance in Hawaii. While newer models typically have lower premiums than their older counterparts, its exact amount will depend on both how valuable your model is and your state-mandated minimum limits for insurance policies.
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