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Best homeowners insurance companies in Hawaii for 2025
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Reviewed by
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Compare the best homeowners insurance companies in Hawaii
Based on our review of the top Hawaii home insurance providers, Allstate, Ocean Harbor Insurance Group and State Farm stand out as some of the best carriers. Based on our research, and data from Quadrant Information Services, these home insurance companies offer affordable rates, multiple coverage options, generous discounts and good scores in the J.D. Power 2023 U.S. Home Insurance Study.
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|---|---|---|---|---|
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831
/1,000 |
$89
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$1,063
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||
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643
/1,000 |
$166
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$1,992
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||
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631
/1,000 |
$62
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$745
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||
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Ocean Harbor
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Not rated |
N/A
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N/A
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Bankrate's trusted insurance industry expertise
Read our full methodologyThe insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers the information they need to make educated decisions when shopping for a policy.
78
years of industry experience
9
licensed staff
34.5K
ZIP codes examined
120
carriers reviewed
The top 4 home insurance companies in Hawaii
Best for high-value homes
4.3
Avg. premium for $300K dwelling
$89/mo
Avg. premium for $300K dwelling
$1,063/yr
Customer satisfaction
831/1,000
-
Why Corebridge Financial made our list: While Corebridge won't be for everyone, people with high-value homes may find the higher coverage limits and extra home protections included in Corebridge homeowners policies essential. However, these plans have some barriers: homes must have a dwelling coverage limit of at least $750,000 and the company does not sell standalone home insurance policies. Instead, Corebridge only offers home insurance coverage to Corebridge Private Client Group policyholders. When it comes to perks, though, Corebridge does include some valuable additions to its home insurance policies. Policies include guaranteed replacement cost coverage and disaster mitigation services.
Who Corebridge may be good for: Corebridge may be a good fit for homeowners looking for policies geared toward high-value homes.
Best for digital tools
4.1
Avg. premium for $300K dwelling
$166/mo
Avg. premium for $300K dwelling
$1,992/yr
Customer satisfaction
643/1,000
-
Why State Farm made our list: In addition to standard home protection, State Farm offers a fire safety program through a partnership with Ting that you won't find with other companies. State Farm will send eligible policyholders a free device that monitors your home's electrical system and alerts you of any issues via a mobile app. For those who prefer to do business in person, State Farm has many local exclusive agents across Hawaii. For tech-savvy homeowners, State Farm took the sixth spot in the J.D. Power 2024 U.S. Insurance Digital Experience Study for service. It is important to note that while it scored above average in the J.D. Power 2023 U.S. Home Insurance Study, State Farm received a just-above-baseline number of complaints per the National Association of Insurance Commissioners (NAIC), which may indicate that policyholders are not fully satisfied with the level of service they receive. Homeowners with customer service at top-of-mind may want to read policyholder reviews.
Who State Farm may be good for: Those who prioritize digital convenience and want to be able to manage their policies and claims with digital tools.
Best for discounts
4.2
Avg. premium for $300K dwelling
$62/mo
Avg. premium for $300K dwelling
$745/yr
Customer satisfaction
631/1,000
-
Why Allstate made our list: On average, Allstate has some of the cheapest homeowners insurance rates in Hawaii, based on the carriers on our list. In addition, the company has excellent financial strength. Allstate stands out for its savings opportunities for Hawaii homeowners, with discounts for new customers, automatic payments, new homebuyers and having an active home security system. The company also has some endorsements that may help round out your policy, including yard and garden coverage, electronic data recovery coverage and business property coverage. However, Allstate does have a higher-than-average complaint index score from the NAIC, indicating that more policyholders complain about Allstate than average for a company of its size. Additionally, it scored just under the segment average for overall customer satisfaction per J.D. Power. That being said, Allstate did rank fourth in the J.D. Power 2024 U.S. Digital Experience Study for service.
Who Allstate may be good for: Allstate offers standard policy options for homeowners, with some endorsements, but it really shines when it comes to discounts.
Best for customizable coverage
Avg. premium for $300K dwelling
Not available
Avg. premium for $300K dwelling
Not available
Customer satisfaction
Not rated
-
Why Ocean Harbor made our list: Ocean Harbor Insurance Group is a regional home insurance carrier. The company offers a wide variety of add-on coverage choices for Hawaii homeowners, including debris removal, water and sewer backup and ID recovery. There are also potential home insurance discounts for insuring a new home, having an active security system and using hurricane-proof building materials. However, Ocean Harbor has some downsides, like a lower AM Best financial strength rating than other companies we assessed in the state.
Who Ocean Harbor may be good for: Ocean Harbor may be a good fit for those who want an insurer that specializes in Hawaii-specific coverage options.
Additional Hawaii home insurance companies to consider
First Insurance Company of Hawaii (FICOH)
Homeowners seeking affordability
First Insurance Company of Hawaii is a regional carrier that offers some of the most competitive rates for Hawaii homeowners. Although you can’t file claims online, it’s easy to get in touch with a local agent or file a claim over the phone. Not only are FICOH’s home insurance rates lower than the island average, but the company also provides an extensive list of discounts like bundling, loss-free credits, loyalty discounts and more. The company also offers impressive hurricane coverage, giving homeowners predetermined payouts instead of actual home damage, which might make FICO worth considering if you live in a hurricane-prone city.
Liberty Mutual
Homeowners looking for a wide array of policy add-ons
Hawaii homeowners looking for another national provider option might look into Liberty Mutual. The company is known for its extensive policy options, making it a contender for homeowners who want to customize their policies. Liberty Mutual also offers various discounts that can be stacked for maximum savings. Homeowners who prioritize customer service might be pleased to see that Liberty Mutual received well below the average number of customer service complaints according to the NAIC.
Interested in learning more about Liberty Mutual? Learn more about the carrier with Bankrate’s review.
Cheapest home insurance companies in Hawaii
For those seeking to minimize their expenses without sacrificing quality, exploring the cheapest home insurance companies in Hawaii is a prudent step. The table below showcases the five most budget-friendly insurance providers in Hawaii, offering a blend of competitive pricing and reliable coverage.
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|
|---|---|---|---|
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$50
|
$606
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- $690 |
|
|
$62
|
$745
|
- $551 |
|
|
$166
|
$1,992
|
+ $696 |
How to get cheap Hawaii home insurance
Home insurance can provide financial security and peace of mind even if you don’t have a mortgage that requires it. Without a homeowners policy, you'll have to pay for damages, repairs or replacements out of pocket. In Hawaii, buying a home insurance policy will set you back far less than in most states. Follow the steps below to help you find the best cheap home insurance in Hawaii.
- Assess coverage needs: Before looking for a policy, you'll want to know the types and amounts of coverage that will meet your needs. This is often based on the cost of replacing a home.
- Shop around: To find the best rates, it often helps to pull quotes from multiple insurers so that you can see what each will offer you. When doing this, it's important to specify the same types and amounts of coverage on each quote.
- Select a company: Once you've received your quotes, it's time to review them and select your preference. This may be the cheapest one, or it might be one that offers unique perks or coverage options.
- Apply for a policy: Once you've selected the company, it's time to apply for a policy. You can usually apply online, over the phone or in person. Online applications tend to be the most accessible.
Compare home insurance rates
Answer a few questions to see personalized rates from top carriers.
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Best home insurance discounts in Hawaii
Even with average rates as low as they are in Hawaii, finding lower rates won't hurt. Company discounts can be an excellent way to lower your rates further. Keep in mind that discounts vary by company and eligibility requirements vary between discounts. Below are some of the home insurance discounts that may be found across the Aloha State, as recommended by the state government's Consumer Guide to Home Insurance.
How to save on home insurance policy renewals in Hawaii
When it's time to renew your home insurance policy in Hawaii, there are several strategies you can employ to potentially reduce your premiums. These tips are particularly helpful given Hawaii's unique insurance market, where homeowners often seek ways to balance comprehensive coverage with affordability.
- Review your coverage: Regularly assessing your policy to ensure it aligns with your current needs can lead to cost adjustments.
- Ask about discounts: Check with your insurer for any qualifying discounts, such as those for security enhancements or a no-claim record.
- Increase your deductible: A higher deductible can lower your premium, but ensure it's an amount you're comfortable paying in case of a claim.
- Compare rates: Shop around and compare quotes from various Hawaii homeowners insurance companies before renewing to find the best rate.
How much is home insurance in Hawaii?
The average cost of homeowners insurance in the Aloha State is $1,296 per year for $300,000 in dwelling coverage, which is significantly less than the national average of $2,466 per year for the same amount of coverage.
Hawaii's low home insurance rates could be due to windstorm coverage being excluded from most home insurance policies. Hurricanes are one of the most prominent natural disasters in the area and homeowners must purchase standalone windstorm or hurricane coverage. Depending on the structure, age of the home and several other factors, the cost of hurricane coverage can be between a few hundred and a few thousand dollars per year. Hawaii is one of 19 states with a windstorm deductible that is separate from the homeowners insurance policy flat deductible. It usually ranges between one and five percent of the total policy premium.
According to Hawaii Wildfire Management Organization (HWMO), 0.5 percent of land burns every year in Hawaii, which is on par with the average amount of wildfire damage that occurs in the western states. Historically, wildfire damage is a covered peril under most home insurance policies.
Hawaii home insurance rates by city
Homeowners insurance rates in Hawaii can vary significantly based on the city you reside in. Factors such as local climate risks, crime rates and the general cost of living in different cities contribute to these variations. Below, a map and a searchable data table provide a detailed view of how insurance rates differ across various Hawaiian cities. This information can be helpful for homeowners to understand the potential cost differences in insurance premiums depending on their specific location within the state.
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City
|
Avg. annual premium
|
Percent difference
|
|---|---|---|
| Honolulu | $1,293 | 0% above state average |
| Wheeler Army Airfield | $1,296 | 0% above state average |
| M C B H Kaneohe Bay | $1,296 | 0% above state average |
| Wake Island | $1,296 | 0% above state average |
| Mililani | $1,296 | 0% above state average |
|
City
|
Avg. annual premium
|
Percent difference
|
|---|---|---|
| Lanai City | $1,300 | 0% above state average |
| Keaau | $1,298 | 0% above state average |
| Koloa | $1,298 | 0% above state average |
| Laupahoehoe | $1,298 | 0% above state average |
| Wailuku | $1,298 | 0% above state average |
*Rates are for $300,000 in dwelling coverage
What does home insurance cover in Hawaii?
A standard HO-3 home insurance policy is the most popular choice in Hawaii, covering your main dwelling and other structures on an open-peril basis. This means it offers protection against all risks except those specifically excluded in the policy. The HO-3 policy is a hybrid type, providing named-peril coverage for personal property, while the dwelling and other structures are covered on an open-peril basis.
Key covered perils relevant to Hawaii under an HO-3 policy include:
- Volcanic eruptions: Given Hawaii's unique geological features, this coverage is crucial for protection against damages from volcanic activity.
- Windstorms: Essential for protection against damages from tropical storms and hurricanes, common in the Hawaiian Islands.
- Fire or lightning: Standard coverage that is particularly important due to the risk of wildfires in certain areas of Hawaii.
However, it's important to note that standard HO-3 policies in Hawaii do not cover all perils. Exclusions commonly include earthquakes, flooding, and damage from water backup.
Additional home insurance coverage types in Hawaii
In addition to standard home insurance coverage types like dwelling coverage, personal property coverage and liability coverage, you may want to consider tailoring your policy to Hawaii's unique risks. For example, hurricane damage is not included in standard Hawaii home coverage and requires a separate policy. Here are some additional coverage options you might want to consider:
- Flood insurance: Damage caused by flooding is not covered under a standard home insurance policy. This is typically a separate policy, but some home insurers offer it as an endorsement. The policy may even be required if you have a mortgage or live in a high-risk flood zone. Flood insurance can be purchased through the federally backed National Flood Insurance Program or private flood insurers.
- Earthquake insurance: Just like flood damage, earthquake damage is not usually covered by a standard home insurance policy. You can often purchase earthquake insurance as an endorsement, but if you are in a particularly high-risk area, you may need a separate policy.
- Landscaping: Many Hawaii homeowners invest time into their yards and gardens. To offer additional protection for these external areas of your property, you may want to consider purchasing increased landscaping or garden coverage from your home insurer.
Working with a local insurance agent may be helpful when determining what coverage to purchase.
Related content:
Common Hawaii home insurance problems
Hawaii’s geography plays a large factor in the challenges that homeowners might face. Hurricanes, tropical storms, wildfires and volcanic eruptions are some of the natural disasters that can drive up insurance rates on the islands. Homeowners might also struggle to find providers writing policies in Hawaii. After the 2023 Maui wildfire, Universal Property and Casualty Insurance Co. withdrew its insurance coverage within Hawaii. As such, Hawaiians might not have as many options when choosing an insurance provider.
Here are some specific challenges faced by consumers in Hawaii:
- High risk of natural disasters: Hawaii's location in the Pacific makes it prone to various natural disasters such as hurricanes, tsunamis and volcanic eruptions. This elevated risk can lead to higher insurance premiums or even difficulty in finding coverage.
- Limited insurance providers: The island’s isolation and unique risks can result in a limited number of insurers willing to offer home insurance. This reduced competition may lead to higher prices and fewer choices for consumers.
- Exclusions in standard policies: Standard home insurance policies in Hawaii may exclude coverage for certain risks like floods or volcanic eruptions. Homeowners may need to purchase additional policies or riders, adding to the overall insurance cost.
- Regulatory environment: Hawaii's insurance regulations and requirements can impact the availability and terms of home insurance.
- Impact of climate change: The increasing effects of climate change, such as rising sea levels and more severe weather events, are likely to exacerbate insurance challenges in Hawaii, potentially leading to further restrictions or higher costs in home insurance policies.
News
In August 2023, Maui experienced one of the most destructive wildfires in U.S. history. The fires, caused by high winds, damaged or destroyed approximately 1,550 parcels and 2,200 structures, resulting in $5.5 billion in property damage and killing 102 people. In the aftermath, insurance companies re-evaluated their policies in Hawaii, with some raising rates and others canceling coverage entirely.
- Hawaii homeowners have seen their home insurance rates skyrocket in 2024 due to disasters, inflation and higher insurance costs.
- The Hawaii Insurance Division is considering expanding the Hawaii Property Insurance Association and restarting the Hawaii Hurricane Relief Fund if Hawaiians continue struggling to find insurance coverage.
- Condo owners in Hawaii have seen master insurance policies increase by 300% to 1,300% in the past year. As a result, many condos carry less than 100% of coverage.
- Insurance industry leaders in Hawaii anticipate that rates will remain high for a few years, but they urge condo boards not to defer regular maintenance in an effort to save costs.
Frequently asked questions
Methodology
Rates
Bankrate utilizes Quadrant Information Services to analyze July 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates for our base profile are based on the following characteristics and coverage limits:
Dwelling coverage
$300,000Other structures coverage
$30,000Personal property coverage
$150,000Loss of use coverage
$60,000Liability coverage
$500,000Medical payment coverage
$1,000The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
If otherwise specified, the base profile has been modified with the following homeowner characteristics:
Dwelling coverage:
- Coverage A, Dwelling: $150,000, $350,000, $450,000, $750,000
- Coverage B, Other Structures: $15,000, $35,000, $45,000, $75,000
- Coverage C, Personal Property: $75,000, $175,000, $225,000, $375,000
- Coverage D, Loss of Use: $30,000, $70,000, $90,000, $150,000
- Coverage E, Liability: $500,000
- Coverage F, Medical Payments: $1,000
Bankrate Score
Our 2025 Bankrate Score considers variables our insurance editorial team determined impact policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach.
Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.
- Tier 1 (Cost & ratings): To determine how well home insurance companies satisfy these priorities, our team analyzed average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.
Tier scores are unweighted to show the company's true score in each category out of a possible five points.
