Learn more about renters insurance in Hawaii.
Renters insurance is a great — and cheap! — way to ensure your personal belongings are insured against common incidents. A renters insurance policy covers items in the event of fire or smoke damage, wind damage, vandalism or theft and a number of other events.
Unlike auto insurance, renters insurance isn't priced specifically by state. Regardless, there are relatively substantial gaps in renters pricing by state. Renters insurance costs by state vary depending on the number of — and value of — renters claims filed across the state, and depend on the value of the belongings insured on the policy.
Getting a renters policy in Hawaii is less expensive than the national average. The average annual cost of renters insurance in Hawaii is $174, $11 less expensive than in other states.
The easiest way to find affordable renters insurance in Hawaii is to get quotes from multiple companies. Learn more about renters insurance rates in Hawaii by referencing the below data. Individual rates may vary depending on coverage options and the value of the items insured.
Rates for renters insurance in Hawaii can vary depending on which insurance company you use. State Farm sells the cheapest renters insurance in Hawaii, at just $117 per year. This beats the state average rate of $174, providing a 33% discount on the typical rates in the state.
Start your search for affordable coverage by viewing average rates from top Hawaii renters insurance carriers, listed below.
|Carrier||Average Annual Rate in Hawaii|
Renters insurance rates in Hawaii vary depending on the city. Policies are often priced on city-specific variables like the number of claims filed in the immediate area, giving your ZIP code weight in deciding how much you pay.
The best renters insurance in Hawaii is available in Honolulu. A typical renters insurance term in Honolulu totals just $174 per year — $0 less than the state average. Reference the below table to see the cheapest cities in Hawaii for renters insurance.
|City||Average Yearly Renters Insurance Rate|
Are you looking for renters insurance info for a particular city? Check out our breakdown of the most populous metropolitan areas in Hawaii.
Your renters insurance rates will vary depending on your coverage levels. Common renters insurance coverage tiers are $25,000 and $50,000 property coverage. In Hawaii, the average annual cost difference between these tiers is about $63. If you can afford the up-front expense, it's an option worth considering.
|Coverage Level||Average Yearly Renters Insurance Rate in Hawaii|
If you want to save on insurance, consider purchasing both your car and renters insurance policies from one company. A renters and car insurance bundle in Hawaii can save you a substantial sum each month on auto insurance. Bundling policies in Hawaii may generate a yearly discount of $36.
|Avg. Annual Rate (No Bundle)||Avg. Annual Rate (w/ Bundle)||Annual Savings ($)||Annual Savings (%)|
Hawaii does not require you carry renters insurance, but it's generally a good idea. Premiums are generally inexpensive and protect you from covered losses.
This can vary based on your needs and your insurance company. Generally, renters insurance includes coverage for your personal belongings, your liability, your medical payments to others, and additional living expenses.