Hawaii mandates car insurance policies for drivers. To assist car owners in selecting an appropriate policy, Hawaii offers an online calculator which estimates costs based on factors like age, driving history and coverage level required. MoneyGeek has also conducted extensive analyses on major insurers to give you an idea of what you should expect when shopping for insurance policies in Hawaii.
Hawaii minimum liability policies cost around $109 annually while full coverage policies that include collision and comprehensive coverage cost approximately $233 annually. Your exact rate may differ depending on various factors so it is always wise to get estimates from leading carriers for their personalized estimates.
At Hawaii Car Insurance we know the main factors influencing car insurance premiums are your driving record, coverage level chosen and whether or not teen drivers are included on your policy. In addition, your type of car and where it resides are factors to be taken into account as some areas have higher premiums due to congested roadways leading to accidents or theft or vandalism and higher vehicle rates can likewise impact premiums.
Younger drivers in Hawaii tend to pay more for car insurance as they lack experience behind the wheel and face an increased risk of an accident due to inexperience. Furthermore, their lack of experience makes them more prone to speeding or engaging in risky behaviors while driving.
Poor driving records will inevitably increase their car insurance premiums in Hawaii and most other states, often substantially so. Even one at-fault accident or speeding ticket can make your premium skyrocket, potentially making getting insurance impossible altogether, making maintaining a clean driving history all the more important.
Other key factors affecting Hawaii car insurance premiums include your vehicle’s make and model; some models are more costly to repair or more likely to be stolen than others, leading to higher premiums; however, you could save money by opting for used models that still offer plenty of value.
MoneyGeek’s analysis of car insurance providers in Hawaii revealed that Geico and USAA offer some of the most cost-effective deals for drivers with poor driving records, while Travelers and State Farm are great options for all driver profiles. As well as offering cost-effective policies at all levels for all drivers, many providers also provide additional services that may benefit customers, such as new car replacement and roadside assistance; low mileage discounts; good student discounts and bundling home/renters policies with the same company can often bring even further reduced premiums overall rates!