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Hawaii auto insurance laws are quite complicated. Because Hawaii is a no fault state, insurance laws on the island can be confusing. The no fault system only applies to bodily injuries. However, drivers can sue the other party if they have medical bills that exceed $5,000.
Drivers in Hawaii who do not have insurance face penalties like fines, imprisonment and license suspension. Depending on the court’s verdict, they may even have to surrender their license plates and registration certificates. Insurance companies automatically notify the government if a driver’s insurance has lapsed or been canceled. Drivers caught without the required minimum coverage will have to pay fines that can be as much as $1,000 to $2,000.
Although Hawaii state laws do not require comprehensive, collision and underinsured and uninsured motorist coverage, all drivers should purchase minimum liability coverage. This includes $20,000 per person for bodily injury and $40,000 for bodily injury per accident if multiple people are injured. Hawaii drivers should also purchase $10,000 in property damage coverage and another $10,000 for personal injury protection. There are no exemptions to this rule. All drivers in Hawaii should meet these requirements so that they can drive legally.
The Hawaii Department of Insurance oversees the state’s insurance industry. They issue licenses for car insurance companies and watch over their ratings and operations. They have the power to investigate all complaints related to insurance. Through this agency, Hawaii drivers can get reliable information about car insurance companies so that drivers can choose the most reliable ones. Hawaii drivers may ask this government agency questions about specific insurance policies. They can file complaints against insurance companies, and the department will perform the investigation. Before purchasing any insurance coverage, Hawaii drivers should seek help from the Hawaii Department of Insurance to prevent them from getting involved in insurance scams. This helps Hawaii drivers be confident in their insurance coverage.
Average Hawaii car insurance premiums fluctuate regularly. In 2007, Hawaii drivers only paid an average of $776.18 for their premiums. In the following year, the cost of average premiums went up to $817.45. In the same year, Hawaii drivers had to pay $285.14 for collision coverage, $537.36 for liability coverage and $108.19 for comprehensive coverage on average.
Hawaii drivers do not have to worry about finding the most reliable car insurance companies in the state. There are many great insurance companies that drivers in Hawaii can choose from.
There are many factors that affect car insurance premiums in Hawaii. However, drivers have many ways to get the most affordable rates. Many insurance companies provide discounts to help drivers lower their premiums. A few companies in the state offer accident-free discounts, and they can help people save a lot of money. Drivers who have no driving violations and no at-fault accidents for three years may qualify for good driver discounts. Other drivers with two or more cars may also qualify for multiple automobile discounts. Some insurance companies in Hawaii welcome consumers who want to combine life, health or fire insurance with their car insurance policy. This can help save money on both policies. Many drivers in Hawaii can also take advantage of passive restraint discounts. People who drive cars that were made after 1993 and come with a passive restraint system or factory installed airbags are usually eligible. This helps people pay less money for their medical payment coverage.
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