Hawaii Auto Insurance Products Rise to Top
Auto insurance companies always offer products, such as roadside assistance and vehicle-appearance plans, traditionally considered ‘second-tier’ products but are now moving to the forefront of auto insurance policies in Hawaii.
Car insurance dealers in Hawaii, according to the Hawaii Insurance Bureau (http://www.hibinc.com) gain their customers’ trust by offering them these branded products as part of their auto insurance policies. Then, they offer the more expensive auto insurance services such as service contracts.
Hawaii residents want auto insurance brands they can trust. Insurance company Allstate is one of the most trusted auto insurance providers in Hawaii because people tend to want a brand-name they can trust over a car insurance company they have never heard of.
Reduce Your Car Insurance Premiums
When car insurance companies offer things like roadside assistance or interior and exterior products, it helps to earn their customer’s trust before they move on to the more expensive items. Some car insurance companies can use this as a tool to add value to a car insurance policy and make up for money they are not making elsewhere.
Accepting such extras will tend to reduce car insurance premiums because the vehicle is more ensured to be safe. (files from autonews.com)
Hawaii car insurance premiums among highest in America
Residents of Hawaii pay an average of $1,707 for their car insurance on a 2011 model car. This ranks them the 15th highest in the country and residents of Hawaii continue to struggle to make their monthly payments.
About 11 per cent of Hawaiians drive without car insurance. This means that if you are involved in an accident with a driver who is uninsured, if you don’t have Uninsured driver’s insurance, there is no way for you to collect money for damages to you or your car without suing the driver at fault.
Car insurance in Hawaii is entitled to provide you minimum coverage in the following ways:
$20,000 for bodily injury toward one person in one accident, medical and rehabilitative costs
$40,000 for bodily injury of two or more persons in one accident, including yourself and the other driver
$10,000 toward property damage for one accident
Hawaii auto insurance would pay the insurance policyholder 20/40/10 as a deductible and if the car accident was bad enough that any of these categories cost more than the allotted amount, you will have to pay that from your personal finances. Hawaii ranks very low on the amount of coverage compared to other states (Alaska, for example, provides 50/100/25). Some companies will give you this minimum coverage, but other companies will give you higher deductibles. Always get the highest deductible you can for the lowest monthly premiums.
If you don’t have auto insurance, you must submit your registration and license plates to the county director of finance and you will no longer be able to drive your vehicle. You can find auto insurance quotes online, to start, and present your insurance papers to the director of finance to redeem your plates and registration, and the right to drive again.
Hawaii is considered a “no-fault state,” which means your auto insurance company will pay the bills for any damages or injuries up to the Personal Injury Protection (PIP) maximum. You cannot be sued for causing injuries to another person because of this no-fault rule, but you can be sued for damages to the vehicle if you are the at-fault driver.
For more information on Hawaii’s auto insurance laws, visit http://hawaii.gov/dcca/ins/consumer/consumer_information/mvi
To learn more about Hawaii’s Personal Injury Protection plan, visit http://www.capitol.hawaii.gov/hrs2006/Vol09_Ch0431-0435E/HRS0431/HRS_0431-0010C-0305.HTM
