Hawaii’s car insurance laws may be slightly different from those in other states. Hawaii is a state that does not have to be liable for your car’s damages. However, there are a few complexities to this system. The first is that the no-fault part applies only to injuries and not to property damage. While all drivers must still have minimum liability coverage, the state requires personal injury protection (also known as PIP) for all drivers. Many tort states and at-fault states require basic liability coverage.
Even though auto accidents can cause financial damage, it is often impossible to manage without insurance. Without adequate coverage, car accidents can lead to financial ruin. These numbers can be used to illustrate why auto insurance is required by most states for all drivers.
- Roughly 9% of Hawaii drivers are uninsured.
- In 2019, there were 108 traffic deaths in Hawaii.
- In 2018 there were $168 million in costs related to traffic deaths in Hawaii.
Hawaii has laws regarding car insurance
Hawaii auto insurance requirements specify that all drivers must carry minimum liability coverage and personal injury protection insurance. Hawaii’s minimum car insurance covers basic liability. This protects against damages to other people and their property. Personal injury protection, on the other hand, covers you and your passengers for injuries. Hawaii is a state that does not allow drivers to sue each other unless there are serious injuries.
- Minimal liability
- Bodily Injury: $20,000 per Person and $40,000 per Accident
- Property damage: $10,000 per accident
- Personal injury coverage
- $10,000 per person
Hawaii has liability insurance
Hawaii insurance laws, like most states, require minimum liability coverage. This coverage might not be sufficient. Although it meets the legal requirements, drivers may find themselves with higher out-of-pocket costs than they can afford. Some drivers opt to increase their coverage or add additional policy types to their auto insurance plans because of the restrictions on minimum coverage.
Two of the most popular types of coverage are collision and comprehensive insurance. These can provide financial protection beyond what is offered by a minimum coverage plan. Comprehensive insurance covers any damages to your vehicle that occur while it is not being used. If your vehicle is damaged while it is parked in a driveway or parking lot, for example. Collision insurance covers damage to your vehicle while in use, such as hitting another vehicle, tree or curb, or any other object. Many of the top auto insurance companies offer these types of policies.
Is Hawaii a no-fault state?
Hawaii is a state that does not have to pay for your medical bills. This means that Hawaii drivers will have their own insurance to pay for your medical bills and those of your passengers in any accident. The Hawaii no-fault rules apply only to injuries, not property damage. Let’s say you were at fault for an accident. Your policy will cover your medical expenses as well as the property costs of the other driver. Your personal injury coverage will pay for your medical bills as well as those of your passengers. Your property damage liability will also cover the vehicle damages of the other driver.
Driving without insurance in Hawaii can result in severe penalties
Driving without insurance in Hawaii is illegal and can carry severe consequences. Drivers will be fined $500 for the first offense. Each offense that is committed within five years after the previous violation will result in a $500 fine. A three-month suspension of your license can be imposed for the first offense. Additional violations could result in a one-year suspension. Repeat offenses could lead to imprisonment.
Driving without insurance in Hawaii is more costly than auto insurance. Uninsured drivers can end up paying huge out-of-pocket costs if they are responsible for an accident. Your policy will protect you against financial loss in case of an accident. It also protects you from legal penalties and fines.
Additional options for auto insurance in Hawaii
Hawaii’s car insurance laws only require that you have basic liability and protection against personal injury. However, there are many other types of coverage. To gain additional financial security, some drivers opt to go beyond the required coverage. Uninsured motorist coverage and medical payments coverage are two of the most popular types of auto insurance.
- Medical payment coverage covers the medical costs of the insured driver and their passengers. These policies do not usually have a deductible. They follow the driver and not the vehicle. This policy will follow the driver and can pay for medical bills even if they are not due to an auto accident.
- All drivers in Hawaii must have at least the minimum coverage. However, not all do. To deal with the risk of uninsured drivers, some people buy uninsured or underinsured motorist coverage. These policies provide basic liability coverage for other drivers if they are at fault, but not enough to cover their financial obligations.
Questions frequently asked
Which is the best auto insurance company in Hawaii
Because auto insurance is a complex and personal industry, it can be difficult to answer these questions. Different drivers have different needs and the best car insurance companies will offer them different rates. Different drivers have different needs and receive different rates. Consider starting with the Bankrate guide to the best car insurance companies in Hawaii for 2021.
Which is the best car insurance in Hawaii?
Different rates are offered by auto insurance companies to different drivers. The way they calculate rates is what causes this variance. To determine the premiums, providers use a variety of personal data. Variables such as age, location, driving record, insurance score, and other factors are all used to determine premiums. Even so, some companies in Hawaii offer cheaper rates on average than others.
What is the cost of car insurance in Hawaii?
The national average auto insurance cost in Hawaii is slightly lower than the Hawaii average. In Hawaii, on average, a full coverage policy costs $1,127 per year. The average U.S. annual cost of a full coverage policy is $1,674. In Hawaii, the average annual cost of a minimum coverage plan is $345.