Hawaii is one of the most popular destinations for tourism in the world, with thousands of people coming and going every day. With the huge influx of tourists to the Hawaiian Islands, the chances of being involved in an automobile accident are much higher than many other states. Therefore, it is very important that Hawaiians maintain adequate automobile insurance at all times. CarInsuranceQuotes.com offers Hawaii residents the ability to shop car insurance quotes from reputable companies from the comfort of their own home so they can find low cost insurance policies at their leisure.
Hawaii Car insurance Requirements
Unlike most of the other states, Hawaii has a no-fault policy in effect to help lower the frequency of lawsuits and keep insurance premiums as low as possible. No-fault states require each individual’s insurance company to cover their medical expenses regardless of who is held liable for the accident. For this reason, Hawaii requires that all its motorists carry Personal Injury Protection to help pay their medical expenses beyond what their health insurance will cover.
Exceptions to the no-fault policy do apply, however. If the medical expenses from the accident exceed a certain amount, the at-fault party will be required to pay for the damages. Because of these exceptions, Hawaii also requires its residents to carry a minimum liability policy to cover bodily injury and property damages in the amount of 20/40/10.
• Bodily Injury Liability- The first two numbers represent the minimum amount of bodily injury protection required to cover the medical expenses of persons in the other vehicle. If only minimum coverage is obtained, an individual’s insurance will pay a maximum of $20,000 per person up to $40,000 for all persons in the vehicle.
• Property Damage Liability- the third number represents the minimum coverage required to cover damages to public property, private property and the other person’s vehicle. An insurance company will pay a maximum of $10,000 per incident if the minimum coverage is obtained by the insured party.
The state of Hawaii recommends that its residents carry better than minimum coverage to pay for damages because the rising costs of medical expenses and repairs can easily exceed the minimum payouts by insurance companies. Hawaii also recommends that its motorists obtain Comprehensive and Collision insurance to pay for damages to their own vehicle if they are found to be the at-fault party or for damages to their vehicle caused by wildlife or acts of nature.
Many car insurance companies in Hawaii also offer the option of obtaining Gap coverage to Hawaii residents. Gap coverage will help pay the remainder of a loan if the Blue Book Value that insurance companies pay if a vehicle is totaled fails to cover the loan amount.
CarInsuranceQuotes.com wants Hawaii residents to have quality car insurance at reasonable prices. That is why CarInsuranceQuotes.com has partnered with reputable car insurance companies like AIG, Nationwide and Allstate to help ensure Hawaiians get cheap car insurance quotes from companies they know. And getting insurance quotes online has never been easier. After entering you Zip code on the CarInsuranceQuotes.com website, you will be asked a few general questions about your driving history and then CarInsuranceQuotes.com do the research for you. In a matter of moments, CarInsuranceQuotes.com will search our partner companies and come back with multiple Hawaii car insurance quotes so you can choose the policy that suits your needs the best. And the whole process takes less than five minutes!