An automobile insurance policy is a contract between you and an insurance company. You pay a premium and in exchange, the insurance company promises to pay for specific auto-related financial losses during the term of the policy.
In Hawaii, much of our time is spent on the road in our cars. An auto policy assures you that your vehicle and most importantly, its driver and passengers are protected if an accident should ever occur.
Obtain a free, no-obligation quote online. Our online quote forms are designed for your convenience and takes only 15 minutes (average time) to complete.
• Go now
How much coverage do I need?
Enough coverage to protect the people and things that are important to you by:
- Providing financial protection from lawsuits
- Paying for medical expenses in case of an accident
- Protecting your financial investment in your car
Bodily Injury
What might happen if you are held responsible for injuring another person in an accident? How much might their medical treatment and lost wages cost? In effect, you are considering this question when you set your bodily injury limits. By specifying higher bodily injury limits, you pay more in premium but are protected for a greater dollar amount than with lower limits.
Property Damage Liability
How much would it cost you to replace another driver's car or property if you were responsible for an accident? You are considering this question when you set your property damage limits. By specifying higher property damage limits, you pay more in premium but are protected for a greater amount of damage than with lower limits.
Uninsured Motorist
Many drivers in the U.S. do not carry auto insurance in spite of the fact that, in most states, driving without certain kinds of insurance is illegal. If you are injured in an accident caused by an uninsured driver, how much could you afford to pay for medical needs and/or financial losses for both yourself and your passengers? This is what you are being asked when you set your uninsured motorist coverage limits. By specifying higher uninsured motorist limits, you pay more in premium but are protected for a greater dollar amount than with lower limits.
Comprehensive & Collision Coverage
Do you want insurance to cover your car if it is damaged or broken into? How much is your car worth? Some people will sometimes decline comprehensive and collision coverage for older, low-value vehicles but if you waive this coverage, would you be able to afford a replacement car? You need to consider deductible levels if you select comprehensive and collision coverage. Setting high deductibles decreases your monthly premium; however, you will be required to pay for damages up to the deductible amount should your vehicle be damaged.
Back to top
If I am obtaining a loan to buy my car, what kind of insurance do I need?
Comprehensive Coverage:
Comprehensive coverage helps pay for damage to your car that does not result from a collision between two moving cars, from a collision with an object, or from your car rolling over. (These three items tend to be covered by collision insurance.) Damages resulting from falling objects, fire, certain natural disasters, and vandalism are commonly covered. Comprehensive coverage also generally covers theft. When you buy comprehensive coverage, you will be asked to set your deductible. For example, if you set your deductible at $1,000, this decreases your premium payments but you will be required to pay for any damages up to $1,000 should your car need to be repaired. Collision Coverage:
Collision coverage helps pay for auto repair or replacement costs if your car rolls over or if your car hits another vehicle or object. When you buy collision coverage, you will be asked to set your deductible. For example, if you set your deductible at $1,000, this decreases your premium payments but you will be required to pay for any damages up to $1,000 should your car need to be repaired.
Back to top
What kind of insurance do I need to drive a car in Hawaii?
Hawaii law states that no one can operate or use a motor vehicle unless it is insured at all times.
Mandatory Coverage Required:
- Bodily Injury Liability: $20,000 per person, $40,000 per accident
- Property Damage: $10,000 per accident
- Personal Injury Protection: $10,000 per person
For more information visit www.state.hi.us/dcca/ins.
Back to top
What other types of coverage are available?
Medical Payments Coverage:
Also known as "Medical Payments to Others," this coverage pays medical bills and/or funeral expenses if a covered driver and/or accompanying passengers are injured or killed while in an insured vehicle, regardless of fault in an accident. This may also cover policyholders and their family members when in others' vehicles, or when policyholders and their family members are on foot and hit by a car. Covered costs are typically subject to certain policy limits. Collision Deductible Waiver:
Collision Deductible waiver coverage is purchased in conjunction with collision coverage. This coverage pays the policyholder's collision deductible for an insured vehicle if a policyholder is involved in an accident in which an uninsured motorist is held legally responsible for the accident.
Rental Car Reimbursement:
Rental Car Reimbursement is a policy provision that helps pay for a rental car when a covered car is damaged or stolen.
Back to top
Our consultants are available to assist you. Request information or schedule a meeting with one of our consultants by clicking the link below.
• Go now
|
