It can be tough to find affordable auto insurance if you have bad credit. Car insurers utilize credit history as a major rating factor, assigning their premiums based partially on clients' credit scores. Because auto insurers use historical data that show drivers with low credit scores are more likely to file car insurance claims, the companies compensate for the additional risk by assigning expensive rates.
Car insurance rates with bad credit depends on which company you choose, where you live, and many other rating factors. See below typical insurance prices for drivers with bad credit in major Hawaii cities, alongside rates from large car insurance companies, followed by tips to save on car insurance if you have bad credit in Hawaii.
Car insurance with bad credit in Hawaii:
Car insurance rates with bad credit in Hawaii
Hawaii drivers face a penalty of $96 per year for having a credit score at the low end of the scale. A driver in the "poor" or "below fair to poor" credit tiers will also pay more than average for a car insurance policy.
HAWAII CAR INSURANCE PRICES WITH BAD CREDIT
|Credit Tier||Average Annual Rate in Hawaii|
|Below Fair to Poor||$1,175|
|Average — All Credit Tiers||$1,079|
Auto insurance rates with bad credit in Hawaii cities
Car insurance rates can also fluctuate based on the precise area in which you live. Car insurance companies use your address to estimate how likely you are to file a claim: the more claim-prone your area,, the more you'll pay for insurance.
We've listed major Hawaii cities and their average car insurance rates for drivers with low credit scores.
BAD CREDIT CAR INSURANCE RATES IN HAWAII CITIES
|City||Average Annual Rate — Worst Credit||Average Annual Rate — Poor Credit||Average Annual Rate — Below Fair to Poor Credit|
Car insurance companies for bad credit in Hawaii
Another contributing factor to your premium is the insurer you select. Each and every auto insurance company rates its policies differently, giving rating factors varying weights in their calculations. Credit score can be a primary differentiator in price between insurance companies. In Hawaii, the most affordable insurance company for a driver with bad credit is GEICO, which offers a discount of $137 per year over the second-cheapest company, USAA.
See below prices from leading car insurance companies in Hawaii for drivers with bad credit.
HAWAII CAR INSURANCE RATES WITH BAD CREDIT — POPULAR COMPANIES
|Company||Average Annual Rate — Worst Credit|
If you’re facing the prospect of buying car insurance with a bad credit history, remember these tips:
- Get car insurance quotes
- Know when — and when not — to file a claim
- Know what goes into car insurance rates