Every state has different requirements that must be met. Hawaii auto insurance is no different. However, the state laws do have a some areas that are not the same as other states. If you live in Hawaii and plan to drive from point A to point B then we suggest you take a closer look at your policy. Without the proper coverage you could have your license suspended and pay heavy fines.
#1 Mandatory Requirements for Coverage
The major areas to be concerned about when looking for a new policy are; personal injury protection (PIP), bodily injury, and property damage. If you're not familiar with the terminology; here is a closer look:
Personal Injury Protection (PIP) - One of the benefits that surrounds Hawaii auto insurance is the "no fault" rule. This is means if you're in an accident, the company will pay for your medical bills whether it's your fault or the other driver's. This also pertains to any other passengers that are in the vehicle at the time. The minimum amount you can have on your policy is $10,000, but if you can afford more we recommend it.
If you are involved in a serious accident and are hospitalised then $10,000 would dissappear extremely quickly in medical bills, and a longer stay could see you being seriously out of pocket. So, if you can afford to pay a little more in premiums then it is well worth doing so to get some extra cover.
Bodily Injury - If you are at fault in the accident you will need to have bodily injury attached to your policy. This covers the other driver and his or her passengers. The amounts required are $20,000 per person/$40,000 per accident. Again; if you can afford more we recommend raising the numbers a bit "just-in-case."
Property Damage - Even though most people believe property damage attached to Hawaii auto insurance covers the other vehicle, there is a lot more to it. In fact, if you take out a light pole, mailbox, run into a home or anything else; the property damage coverage helps take care of the repairs. The minimum amount required for this is $10,000 per occurrence.
#2 Uninsured/Underinsured is Optional
There are a lot of states that require uninsured/underinsured motorist coverage, but Hawaii auto insurance only offers it as an option. However, we strongly suggest that you consider it because it can be a huge help if the other driver is at-fault and doesn't have the proper coverage. Let's say someone hits you and they don't have any insurance at all. This means your insurance company isn't going to cover it and they don't have anyone who can cover it.
So you either have to come out-of-pocket to pay for the damages, take them to court in order to recoup the losses, and hope that they can afford to pay it. If you have uninsured/underinsured motorist coverage then this will take care of everything up to the amount you have on the policy. Keep in mind; the underwriter for your policy can decline this when setting up a plan for you. If they do approve it you can get as much as $20,000 added.
This can add considerably to your peace of mind, because in reality there are still a very large amount of people driving about without any auto insurance. If you don't want to be faced with the spectre of unexpected bills, then getting uninsured/underinsured coverage can really help to make you feel properly safe and secure.
Here is a list of other optional pieces you can add to your Hawaii auto insurance:
* Collision and comprehensive
* Alternative care (as opposed to traditional practices)
* Death benefits
* Funeral benefits
* PIP deductible and PIP managed care
The information above can help you get started, but the best thing to do is contact an insurance agent or start out by getting some Hawaii Auto Insurance Quotes online and get a feel for how much the cover will cost.
Ask questions about the mandatory requirements that surround Hawaii auto insurance, and also compare the terms and conditions of the different quotes that you get online to see if there are any differences between the policies, and to see what elements you are covered for, and what you are not.
It will allow you to come up with the right policy for your needs and an affordable price. Don't let it lapse either or your privileges will be revoked until you get a new policy and pay some fees.
It is better to plan ahead a little and simply review your auto insurance at least a month before it lapses, so that any transition to a new auto policy will be nice and smooth.