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Insurance Disclosure This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Reviews.com. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. 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.
Click at least 2-3 companies to find the very best rate.
Best for New Homebuyers
Allstate
A+
AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
829
J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Best Web Experience
State Farm
A++
AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
835
J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Best for Local Agents
First Insurance Company of Hawaii
A+
AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A
J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Best for Discounts
Hawaiian Insurance and Guaranty Company
B
AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A
J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Best for Customer Service
Universal North American Insurance
B++
AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A
J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Advertiser Disclosure
We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.
The five insurance providers that we looked to find the best homeowner insurance in Hawaii included two major players in the industry (Allstate and State Farm) as well as several regional carriers. All our choices, large or small, do a good job of providing reasonably-priced, comprehensive homeowner insurance in the island-state, and were evaluated for financial stability, customer service, and breadth of coverage. That information, coupled with some well-chosen quotes, should enable you to pick the company that is best suited for you.
The Five Best Homeowners Insurance Companies in Hawaii
Based on our research, Allstate’s strength is in the diversity of its coverage offerings and discounts, which allow you to pick and choose what works best for your circumstances. It has a user-friendly website, with abundant insurance information to help inform policyholder’s decisions. While it does receive better-than-average scores from J.D. Power, its NAIC complaint index reveals complaints for homeowners insurance are higher than industry average.
Best for New Homebuyers
Why we chose it
Allstate may be a great choice for some new homebuyers, as it provides an informative website, a diverse range of coverage offerings, and a multitude of discounts — some of which are specifically for new home buyers.
4 Reviews Score Score is based on company’s customer experience, financial stability, and coverage options.
A AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
829 J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Why we chose it
Allstate may be a great choice for some new homebuyers, as it provides an informative website, a diverse range of coverage offerings, and a multitude of discounts — some of which are specifically for new home buyers.
Pros
Diverse discount opportunities
User-focused website and digital tools
Strong J.D. Power scores for overall customer satisfaction
Cons
NAIC complaint ratio index high
Read More
Discounts available
Early signing discount
Homebuyer discount
Hail resistant roof discount
Unique features
Allstate’s discount list is extensive, for being a national insurer, and can result in significant savings for those who qualify. For example, homeowners could save up to 10% on premiums if they sign up for the new policy at least 7 days before the current one expires.
*J.D. Power 2021 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
State Farm has the highest financial strength score on our list of homeowners insurance in Hawaii, which indicates a strong history of being able to pay customers claims on the Islands. You can easily get a quote online with its detailed quote tool. If you prefer in-person transactions, you can work with a dedicated State Farm agent who knows the ins and outs of the policies and what’s covered.
Best Web Experience
Why we chose it
State Farm is a national insurer with some of the strongest third-party ratings for customer satisfaction and financial strength. Additionally, it offers a detailed quote tool and an informative platform for insurance information to users who prefer a tech-forward insurance experience.
3.75 Reviews Score Score is based on company’s customer experience, financial stability, and coverage options.
A++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
835 J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Why we chose it
State Farm is a national insurer with some of the strongest third-party ratings for customer satisfaction and financial strength. Additionally, it offers a detailed quote tool and an informative platform for insurance information to users who prefer a tech-forward insurance experience.
Pros
Financially stable
Detailed quote tool
Informative website
Cons
Few discounts
Higher premiums on average
Read More
Discount available
Multi-policy
Fire,smoke, or burglar alarms discount
Impact-resistant roof discount
Unique features
State Farm’s comprehensive quote tool makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.
First Insurance of Hawaii may be one of the best local providers of homeowners insurance for Hawaii residents, thanks to its history of operating in the state, local agencies, competitive rates, and a few generous discounts.
Best for Local Agents
Why we chose it
First Insurance Company of Hawaii made our list because it is a regional company with agents familiar with the local risks and hazards homeowners face. Coverage customization may be limited, but its rates are on the more competitive end for the area, based on our review of quoted premiums. While its website is not the most informative, and the company is not large enough to rank in J.D. Power studies, homeowners may be happy to know the company does receive an A+ (Superior) rating from AM Best for financial strength.
N/A Reviews Score Score is based on company’s customer experience, financial stability, and coverage options.
A+ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Why we chose it
First Insurance Company of Hawaii made our list because it is a regional company with agents familiar with the local risks and hazards homeowners face. Coverage customization may be limited, but its rates are on the more competitive end for the area, based on our review of quoted premiums. While its website is not the most informative, and the company is not large enough to rank in J.D. Power studies, homeowners may be happy to know the company does receive an A+ (Superior) rating from AM Best for financial strength.
Pros
Strong financial backing
Low average premiums
Partnership with AXIS for hurricane coverage
Cons
Few additional coverage or discount options
Limited available third-party ratings for customer experience
Read More
Discount available
Multi-policy
Renew-policy discount
40% claim free discount
Unique features
The local benefits of a regional provider, with rates that compete with larger insurers. Plus, homeowners may save up to 40% for remaining claims-free for multiple consecutive years, or for bundling home and auto with this provider. For island-specific coverage, First Insurance partners with AXIS to provide hurricane coverage as well.
Hawaiian Insurance and Guaranty Company
Hawaiian insurance and Guaranty Company has been serving residents of the Aloha state for over 100 years. While its website may not be the most modern, its strong local roots and extensive discount list made it a top choice to review for Hawaiian residents.
Best for Discounts
Why we chose it
As one of the oldest insurance companies in the state, Hawaiian Insurance and Guaranty is a company familiar with the challenges Hawaiian homeowners face. Homeowners may be able to expect a very personalized and informed experience, whether obtaining a quote or handling a claim. The insurance provider also has an extensive list of discounts available, which could save you on premiums, which are higher, on average.
N/A Reviews Score Score is based on company’s customer experience, financial stability, and coverage options.
B AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Why we chose it
As one of the oldest insurance companies in the state, Hawaiian Insurance and Guaranty is a company familiar with the challenges Hawaiian homeowners face. Homeowners may be able to expect a very personalized and informed experience, whether obtaining a quote or handling a claim. The insurance provider also has an extensive list of discounts available, which could save you on premiums, which are higher, on average.
Pros
Extensive discount list
Experience in Hawaii
Cons
Can be pricey
Older website
Low financial strength rating
Read More
Discounts available
Multi-policy
Security systems discount
Loss free discount
Newly purchased home discount
Superior construction discount
Union member discount
Unique features
This insurance provider boasts a large number of discounts for which most homeowners can qualify. It also has a local touch that may help improve its customer service experience.
Universal North American Insurance Co.
Though Universal North American Insurance Company is a smaller insurer than some others in Hawaii, it does have moderate financial stability, according to AM Best, who gave it a good “B++” rating. The company also has the cheapest Hawaii homeowners insurance rates of all companies we reviewed.
Best for Customer Service
Why we chose it
Universal North American Insurance Company lacks a modern website, but homeowners do have access to 24/7 customer service. However, what Hawaiian homeowners may find most attractive are the highly competitive rates we found — as low as $250 per year for $200,000 in dwelling coverage, according to data from Coverage.com.
N/A Reviews Score Score is based on company’s customer experience, financial stability, and coverage options.
B++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
N/A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
Why we chose it
Universal North American Insurance Company lacks a modern website, but homeowners do have access to 24/7 customer service. However, what Hawaiian homeowners may find most attractive are the highly competitive rates we found — as low as $250 per year for $200,000 in dwelling coverage, according to data from Coverage.com.
Pros
24/7 customer service
Online claim tool
Low premiums
Cons
Hard to use website
Few discounts
Read More
Discounts available
Paperless billing discount
Unique features
24/7 customer service is available for all policy holders. The company also has some incredibly low premiums, based on data available from Coverage.com.
Average Cost of Homeowners Insurance in Hawaii
Our data showed residents of Hawaii pay around $389 per year for homeowners insurance on average, based on quoted premiums from Coverage.com. While these averages are based on $200,000 in dwelling coverage, your home value, specific location, selected coverage limits and deductibles are a few of the factors unique to each homeowner that can significantly affect your premium. For this reason, it is important to compare quotes for your specific situation to determine which company is the best fit for your needs.
Home insurance add-ons that will further protect you
Because the island state is prone to tropical storms and hurricanes, Hawaii homeowners will likely be advised by insurers to acquire flood insurance, and in some parts of the state, it may even be required due to risk. While not typically included in a standard home insurance policy, homeowners insurance companies may partner with flood insurance providers to offer this, or will facilitate the purchase through a government program such as the National Flood Insurance Program. Alternatively, you may be able to find flood insurance from a private company, separate from your home insurer.
According to the U.S. Geological Survey, Hawaii experiences thousands of earthquakes every year. Most of the seismic activity is imperceptible and is caused by magma movement from volcanoes. But the earthquake record for the state shows an average of one magnitude 6 or greater earthquake every 10 years, so you might want to get this coverage added to your policy. Most homeowners insurance policies exclude earthquake coverage in their basic policies, which means that you may have to pay extra to get this added protection.
The Cheapest Homeowner Insurance Companies in Hawaii
Company
Average annual rate for $200K in dwelling coverage
Universal North American Insurance Company
$251
Allstate
$299
First Insurance Company of Hawaii
$342
Hawaiian Insurance & Guaranty Company
$442
State Farm
$456
Cost of Homeowners Insurance by Age of Home
Age of Home (years)
Average annual rate for $200K in dwelling coverage
0-10
$326
10-25
$419
25-50
$423
50+
$423
Top 3 Cheapest Homeowners Insurance Companies in Hawaii
Universal North American Insurance – $251
Allstate – $299
First Insurance Company of Hawaii– $274
Top 2 Most Expensive Homeowners Insurance Companies in Hawaii
Hawaiian Insurance & Guaranty Company – $442
State Farm – $456
Resources Helpful for Hawaii Homeowners
Different local communities in Hawaii offer home rehabilitation loan programs, such as the one offered by the Honolulu city and county Community Assistance Division. Residents may be able to take advantage of these opportunities to help protect their homes for the future. For first-time home buyers looking to acquire a residence, the Hula Mae Mortgage Loan Program may help individuals or families who qualify acquire a 30-year mortgage at extremely low rates.
Universal North American Insurance Co. currently offers the cheapest homeowners insurance policy in Hawaii, at just $251 per year for $200K dwelling coverage, based on our review of rates from Coverage.com.
If you live at sea level or on the coast of Hawaii, then you may be required to have flood insurance. Depending on where you live, it may not be required, but insurers will likely recommend you consider adding flood insurance to your homeowners insurance policy.
Volcano insurance and lava insurance isn’t an additional coverage you can get. Standard homeowners insurance should cover damage caused by lava or volcanoes. Review your policy or check with your agent to be sure.
Methodology
We evaluated the companies based on their third-party agency ratings for customer experience, financial stability, as well as coverage options to determine which might be the best providers. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following:
Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.
Mandy Sleight is an insurance writer for Reviews.com. Over the last three years, she has covered insurance providers, coverage, costs of insurance, and more at MoneyGeek, Bankrate, and The Simple Dollar.
