Learn How to Lower Your Premiums for Hawaii Auto Insurance

Searching for the most affordable Hawaii auto insurance over the internet can seem to be impossible for beginners to comparing rates online. With dozens of companies in the marketplace, how can anyone effectively compare every company to locate the lowest price?

How to Compare Auto Insurance Quotes in Hawaii

Effectively comparing auto insurance prices can be a lot of work if you don’t utilize the best way to get rate quotes. You can waste a lot of time driving to insurance agencies in your area, or you could save time and use the web to get the quickest rates.

Many insurance companies enroll in a system that allows shoppers to complete one form, and at least one company provides a quote. This saves time by eliminating repetitive form submissions to each company.

To submit your quote information now, click to open in new window.

The only downside to using this type of system is you cannot specify the companies you want to price. So if you want to choose from a list of companies to compare rates, we have a page of auto insurance companies in Hawaii. Click to view list.

It’s up to you how you get prices quotes, just double check that you are using exactly the same information on every quote you get. If you compare different deductibles it’s impossible to find the best deal.

Do you qualify for a discount?

Insurance can cost an arm and a leg, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply when you quote, but a few must be specially asked for before being credited. If you’re not getting every credit you qualify for, you are throwing money away.

  • Save over 55 – If you’re over the age of 55, you may qualify for a discount up to 10%.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy could earn a price break for each car.
  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance.
  • Driver’s Ed – Have your child enroll in driver’s education if offered at their school.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.

It’s important to understand that most discounts do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as comp or med pay. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way. But all discounts will reduce your overall premium however.

To see a list of insurers offering auto insurance discounts in Hawaii, follow this link.

Tips to Get Lower Rates

It’s important that you understand the factors that come into play when calculating your auto insurance rates. Having a good understanding of what determines base rates allows you to make educated decisions that could result in lower auto insurance prices.

  • Where you reside plays a part – Choosing to live in a rural area is a positive aspect when talking about auto insurance. City drivers have more traffic problems and a longer drive to work. Less people living in that area translates into fewer accidents.
  • Multi-policy discounts can save money – Some insurance companies give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. If you currently are using one company, it’s in your best interest to comparison shop to confirm you are receiving the best rates possible.
  • Being married can save on auto insurance – Having a wife or husband can get you a discount on auto insurance. It is viewed as being more mature and it’s statistically proven that married drivers get in fewer accidents.
  • Older drivers pay less – Older insureds tend to be more responsible, tend to cause fewer accidents and receive fewer citations. Teen drivers have a tendency to be less responsible when behind the wheel and because of this, their auto insurance rates are much higher.
  • Liability insurance protects assets – The liability section of your policy is the coverage that protects you in the event that a jury decides you are liable for personal injury or accident damage. Liability insurance provides legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.

What coverages do I need?

When it comes to choosing proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine if your situation would benefit from an agent’s advice.

  • How do I file an SR-22 for a DUI in Hawaii?
  • Is my cargo covered for damage or theft?
  • Does my medical payments coverage pay my health insurance deductible?
  • When does my teenage driver need to be added to my policy?
  • Am I covered when delivering products for my home-based business?
  • What can I do if my company denied a claim?
  • Do I need roadside assistance coverage?

If you can’t answer these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and you can get the answers you need.

Additional auto insurance information is available on the Hawaii Department of Commerce and Consumer Affairs website located here. Hawaii consumers can view a list of available companies, read state legal mandates and laws, learn about specific coverages, and find out industry alerts.

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A little work can save a LOT of money

Insureds switch companies for any number of reasons including policy non-renewal, being labeled a high risk driver, delays in paying claims or extreme rates for teen drivers. Whatever your reason, switching companies can be easy and end up saving you some money.

We just showed you a lot of techniques to shop for auto insurance online. The key thing to remember is the more companies you get rates for, the higher the chance of saving money. Consumers may even find the biggest savings come from the smaller companies.

As you prepare to switch companies, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage at the best price.