You might consider moving to the islands, or switching carriers . Knowing the average cost for car insurance in Hawaii can help you make an informed decision when looking for coverage. Hawaii car insurance rates vary depending on whether you require full coverage or just basic insurance. Minimum coverage in Hawaii is , which is much cheaper. Average Hawaii car insurance rates are $345/year for minimum coverage, and $1127/year for full coverage.
What is the cost of car insurance in Hawaii?
The average cost for insurance in the U.S. for minimum coverage is $565 and full coverage $1,674. Hawaii rates are considerably cheaper, even though your actual cost of coverage can vary depending on individual factors. Hawaii drivers typically pay $1,127 annually to get full coverage and $345 per year for minimal coverage.
Your premiums could be affected by many factors, including your location, driving record, age, carrier choice, and coverage type. Hawaii is different than most other states in that its rates are not affected by strong antidiscriminatory laws which prevent insurance companies from assessing drivers on the basis of credit scores or their age.
Even a small amount of savings on your car insurance premiums each year can help you free up some funds. There are some factors you can control that may affect your Hawaii rates, including the car insurance provider that you choose and your driving habits. Other factors, such as increases due to location, may need to be considered. You might also have to consider other discounts to offset the higher premiums.
Bankrate’s cost-of-coverage findings are based on the variables that impact car insurance premiums.
Hawaii car insurance rates by company
To compare rates, Bankrate compared the best Hawaii car insurance companies. USAA is the most affordable car insurance of the five major companies. USAA doesn’t offer policies for everyone. USAA may only offer car insurance to veterans and military personnel, as well as their families. Because Hawaii has low rates, it is worth looking into the following companies for coverage. They all offer premiums that are well below the national average.
Car insurance in Hawaii by city
Hawaii’s auto insurance rates don’t change as much by borough or city as in other states. The Big Island’s Hilo saw the highest increase in car insurance rates compared to the average after collecting quotes from 20 of the most populous cities. The annual price difference is however very small.
Hawaii car insurance rates based on age
Hawaii is the only state where insurance rates for young drivers are almost the same as those for older drivers. Insurance companies have been forced to maintain fair rates for all drivers, regardless of age, due to anti-discriminatory laws. Teen driver rates in the United States are often double or triple those of more experienced drivers. However, rates for young adults in Hawaii are relatively affordable.
Hawaii car insurance rates for driving record
Negative driving records are the most likely to cause a significant difference in Hawaii car insurance rates. A single traffic ticket or accident in Hawaii can increase your vehicle insurance rate.
How to Save on Hawaii Car Insurance
Hawaii is already one the most affordable places to get car insurance, especially for young drivers who typically have to pay very high rates. You may be able to save even more by following these steps:
- Bundle insurance: If you have both car and renters insurance, the same carrier may lower your premiums.
- Multi-vehicle: If you meet the requirements of the provider, you can keep all your vehicles and drivers on the same policy to save money.
- You can choose a carrier that lowers your deductible for every year you don’t have a claim. This could help you to reduce your out-of pocket costs, provided you keep a clean record.
- Completing a driving course. A ticket for speeding or a moving violation could have the biggest impact on your premiums. After a ticket, it is possible to remove the points from your insurance rates by attending an approved traffic school.
Questions frequently asked
What is the monthly cost of car insurance in Hawaii?
According to Bankrate’s annual average premium findings, the monthly car insurance premiums for Hawaii are $28.75 for minimum coverage and $93.92 full coverage.
Which are the top car insurance companies in Hawaii
The best car insurance company will usually be the one that provides coverage that you can afford. This covers you for vehicle-related expenses such as repairs or replacement costs, if your vehicle is damaged. There are many affordable and well-respected providers in Hawaii. It may not be as difficult to get quotes from providers you like.
