Honolulu Homeowners Insurance

Your Complete Guide to Honolulu, HI, Homeowners Insurance

(And how to get the best policy for your money)

Honolulu Hawaii homeowners insurance

Known as the capital city, Honolulu, Hawaii, is the epicenter of the state. It is the gateway to the volcanic ground that makes up most of the island's turf. 

If you call Honolulu home and own a property, you'll want coverage for the what-ifs. A local independent insurance agent can get a policy within your budget. Connect with an agent and start saving. 

What Is the Cost of Home Insurance in Honolulu, HI?

There are several rating factors that the carriers use to determine a premium. When you are looking for a price that will fit your budget and expectations, there are some things you need to know. Let's take a look at your home insurance rating factors:

  • Your address
  • Your claims history
  • Your credit score
  • Your insurance score
  • The coverage you select

Since there are so many different items that can set your home insurance cost, it's best not to compare. Every premium is unique and customized to each person and situation. To see where your insurance rates stand, take a look at the averages:

  • National average: $1,211
  • Hawaii average: $1,102

Hawaii is ranked the 27th most expensive place to have home insurance, which puts it low on the list. If you're considering a move to Honolulu, the homeowners insurance cost shouldn't be of concern. Connect with your local independent agent to get quotes on exact pricing today.

Your Honolulu, HI, Home Insurance and Burglaries

The amount of home break-ins that occur in Honolulu is lower than the state and national averages. Take a look at the number of burglaries per 100,000 homes:

  • National burglary average (per 100,000 households): 376
  • Hawaii burglary average (per 100,000 households): 396.4
  • Honolulu burglary average (per 100,000 households): 364.2

Whether you own a mansion on top of an island volcano or a mobile home by the beach, your rates will be impacted by local crime. The best way to know how it will affect your premiums is to get quotes from your independent agent.

Natural Disasters in Honolulu, HI

When you're a victim of a local catastrophe, your home policy should have coverage. Without the help of a knowledgeable independent agent, you may be surprised when a loss occurs.

Most common natural disasters in Honolulu, HI:

#1  Floods

#2  Storms

#3  Fires

#4  Mudslides

#5  Earthquakes

Your homeowners insurance needs to supply protection from these top five catastrophes. When you're caught in the middle of a disaster, your local agent can help file a claim. Speak with a Honolulu independent insurance agent to discuss your home policy.

How Flood Insurance Is Different in Honolulu, HI

Flooding is the number one offense in Honolulu. With odds like that, you do not want to take the chance without coverage. A separate flood insurance policy is needed in most states. Let's discuss how to get flood insurance in three easy steps:

1. Have your independent agent check your elevation certificate to determine your flood zone. 

2. Your agent can then quote your policy using your flood zone.

3. Select which flood insurance quote provides the best coverage and pricing with your agent. 

Homeowners Liability Insurance for Your Honolulu, HI, Home

Liability insurance is an essential coverage on your home policy. It protects you and the members of the household from a lawsuit. Take a look at some liability claim examples:

  • A friend slips and falls on your property and needs medical expenses covered.
  • A tree falls on your neighbor's roof, and they sue for property damage.
  • Your child posts something on social media that is construed as libel, causing a lawsuit.

If you're appropriately insured, your homeowners policy should protect against most liability claims. Another way to better protect you and your family is to get an umbrella policy. Your independent insurance agent can check your liability limits and make recommendations on coverage.

Umbrella liability insurance: 

Umbrella insurance supplies an additional limit of liability when your underlying home policy is exhausted from a larger claim. Contact your independent agent for more information on umbrella insurance. 

How an Independent Agent Can Help in Honolulu, HI

Your homeowners insurance is likely your biggest asset and needs protection. Proper insurance can be found through an independent insurance agent

They work with multiple carriers and can find the best coverage and rates. Connect with a local independent agent on TrustedChoice.com to get started.

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