What are the Hawaii minimum auto insurance coverage requirements? How does one find cheap Hawaii car insurance rates? What does one need to know before comparing Hawaii car insurance quotes online? Read this Hawaii car insurance guide to get a quick primer on car insurance in Hawaii and then get started saving yourself some money with a low cost Hawaii auto insurance policy!
What The state bird of Hawaii, the Nene, is monomorphic, meaning both male and female birds are alike in appearance. This can get confusing if you're trying to tell one Nene from another, but it doesn't have to be confusing when it comes to shopping around for car insurance in Hawaii.
Many people who live in Hawaii believe that they have little control over what they pay for car insurance. Some Hawaiians think that the insurance companies and state regulatory agencies control policies. This just isn't true, but there are some minimum state requirements for car insurance in Hawaii.
Hawaii is a no-fault state when it comes to car accidents. This means that if there is a car accident, each driver's medical expenses will be covered by their own car insurance policy, regardless of who was responsible for causing the accident.
There are some exceptions to the no-fault policy such as medical expenses in excess of the established amount. That's why all car owners in Hawaii are required to carry liability car insurance. The minimum required by the State of Hawaii is $20,000 for bodily injury suffered by a single occupant of a car, $40,000 for the combined medical expenses of all the car occupants, and $10,000 to cover any property damage resulting from the accident. The property damage car insurance provides coverage for damages to the car of the other driver, fences, mailboxes, and public property. The driver who caused the accident will be responsible for any expenses beyond the $10,000 limit. Therefore, it might be wise to carry more than the minimum amounts required on your car insurance policy in Hawaii .
Personal injury protection is also required on car insurance plans issued in Hawaii. This personal injury coverage pays for all reasonable and necessary medical expenses for you and your passengers. The minimum amount required is $10,000, but you might want to increase that amount to protect yourself, and your financial assets.
Some banks in Hawaii that provide car loans may require you to carry two other types of coverage; collision and comprehensive. Collision insurance pays for damage to your car if you're involved in an accident with another car or object. Comprehensive insurance protects you and the bank from any damage done to your car due to hail, fire, or theft.
If the value of your car is less than the amount owed to the bank that originally financed the car, you are then eligible to purchase “gap coverage". Gap coverage on your car insurance policy literally bridges the gap between what you owe on your car, and what your car is actually worth.
While not required by the State of Hawaii, it's highly recommended that you purchase uninsured/underinsured car insurance in addition to your other coverage. Many drivers in all states, not just Hawaii, fail to comply with the state requirement that all cars be insured. Even if you have a no-fault car insurance in place, if you're involved in a hit and run, or an accident with an uninsured or underinsured driver, you could be left with huge financial responsibility.
Remember, the state motto of Hawaii is Ua mau ke ea o ka aina i ka pono, “The life of the land is perpetuated by righteousness". So do the moral and just thing and purchase car insurance if you live or drive in Hawaii, but be smart about it. Shop around and compare prices. Good deals on car insurance in Hawaii are available. With a little effort on your part, you will be buying peace of mind for you and your family. Get started comparing cheap auto insurance quotes today!