Hawaii Home Insurance – Are you Underinsured?

Hawaii home insurance is probably the last thing on your mind. But making sure you have an adequate amount of Hawaii home insurance can help you recover your losses should a major disaster damage or destroy your home and possessions.

Hawaii Home Insurance – What’s Covered?

So, what does Hawaii home insurance cover? Policies vary, but a standard Hawaii home insurance will generally cover damage to your home and personal items caused by the following perils, up to your policy limit:

  • Snow, rain, hail, wind and other storms
  • Tornadoes
  • Lightning
  • Fire

Your Hawaii home insurance policy will cover other structures you own, including sheds, storage areas and gazebos. Liability coverage is also included in a standard Hawaii home insurance policy.

What is Excluded?

Unfortunately, there are several exclusions which apply to a standard Hawaii home insurance policy. Homeowners in the Aloha State will need to buy extra coverage to protect against the following:

  • Earthquakes
  • Floods
  • Home-based business activities
  • Antiques and luxury items (generally covered up to $1,500)
  • Aggressive dog breeds (Pit Bulls, Chows, etc.)

Other exclusions apply; mold damage, damage caused by mudslides and sewage backup are just a few examples. For a more complete list of home insurance exclusions, visit InsWeb’s 10 Perils Home Insurance Won’t Cover.

Cut Costs With 3 Money-Saving Tips

Think you’ll need to pay more to get additional coverage? Think again. Offset those costs by following these money-saving tips—they could cut your Hawaii home insurance rate by 30 percent or more!

  • Shop around – By comparing Hawaii home insurance quotes, you could find a more complete policy for less money.
  • Increase your deductible – The higher you raise your policy’s deductible, the less you will pay for home insurance.
  • Look for discounts – Seniors, non-smokers, owners of new homes—they can each qualify for a home insurance discount.

You can compare home insurance quotes for free using InsWeb’s quote form.

*Data from the NAIC, 2006