Updated: September 8, 2025

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Key Takeaways

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NEXT, Simply Business and Coverdash rank as the top workers' comp insurance providers in Hawaii based on overall performance scores.

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Your business type, number of employees, past insurance claims and available budget will determine which workers' comp provider fits your needs in Hawaii.

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Compare quotes from multiple providers, evaluate their industry knowledge, review their service history and examine coverage details to find the right workers' comp insurance for your Hawaii business.

Best Workers' Comp Insurance Companies in Hawaii

NEXT is ranked best overall for workers' comp insurance in Hawaii. It offers excellent customer service and comprehensive coverage options. Hawaii business owners can also rely on Simply Business and Coverdash.

NEXT4.591
Simply Business4.502
Coverdash4.433
biBERK4.424
Hiscox4.355
Thimble4.355

How Did We Determine These Rates and Rankings?

Compare Small Business Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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Best Hawaii Workers’ Comp Insurance Reviews

NEXT and Simply Business emerge as the premier workers' compensation insurance providers in Hawaii, offering exceptional coverage for local businesses.

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NEXT

Best Overall Provider

MoneyGeek Rating
4.6/ of 5
4.3/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
  • Average monthly premium

    $73
  • Our survey: Claims process

    3.9/5
  • Our survey: Recommend to others

    4.8/5
Company Image

Simply Business

Runner-Up Best Provider

MoneyGeek Rating
4.5/ of 5
4.5/5Affordability
4.2/5Customer Experience
4.9/5Coverage Options
  • Average monthly premium

    $75
  • Our survey: Claims process

    3.7/5
  • Our survey: Recommend to others

    4.2/5

Cheapest Workers' Comp Insurance Companies in Hawaii

In Hawaii, NEXT is the most affordable workers' comp coverage provider at $73 monthly ($870 annually). Thimble and Hiscox offer competitive rates at $73 and $75 per month, respectively. The table below shows costs from all companies we analyzed:

NEXT$73$870
Thimble$73$881
Hiscox$75$903
Simply Business$75$905
Coverdash$77$918
biBERK$79$946
Chubb$89$1,072

How Did We Determine These Rates?

Average Cost of Workers’ Comp Insurance in Hawaii

Workers' compensation insurance in Hawaii costs businesses an average of $77 per month or $928 annually. Hawaii's rates run just $3 above the national monthly average of $74. Your business's actual premium depends on your industry's risk level, number of employees, annual payroll and previous claims experience.

Average Cost of Workers' Comp in Hawaii by Industry

In Hawaii, workers' compensation insurance costs vary dramatically by industry risk level. Speech therapists pay the lowest premiums at $6 per month, while roofing companies face the highest rates at $872 monthly. This significant difference reflects the varying workplace injury risks across different professions.

Accountants$21$257
Ad Agency$17$202
Auto Repair$163$1,953
Automotive$121$1,457
Bakery$56$676
Barber$15$179
Beauty Salon$15$183
Bounce House$43$511
Candle$42$500
Cannabis$87$1,050
Catering$77$925
Cleaning$51$614
Coffee Shop$49$589
Computer Programming$30$357
Computer Repair$25$305
Construction$190$2,283
Consulting$32$381
Contractor$173$2,078
Courier$238$2,854
DJ$15$178
Daycare$14$169
Dental$12$141
Dog Grooming$68$812
Drone$28$340
Ecommerce$23$277
Electrical$60$722
Engineering$40$480
Excavation$113$1,353
Florist$64$770
Food$44$531
Food Truck$48$575
Funeral Home$28$338
Gardening$49$588
HVAC$66$797
Handyman$98$1,179
Home-based$11$126
Hospitality$73$877
Janitorial$51$615
Jewelry$32$380
Junk Removal$147$1,758
Lawn/Landscaping$40$475
Lawyers$56$669
Manufacturing$62$747
Marine$159$1,906
Massage$15$184
Mortgage Broker$15$175
Moving$276$3,308
Nonprofit$34$406
Painting$147$1,766
Party Rental$39$468
Personal Training$27$318
Pest Control$74$892
Pet$32$390
Pharmacy$7$80
Photography$18$215
Physical Therapy$7$86
Plumbing$67$806
Pressure Washing$88$1,061
Real Estate$32$380
Restaurant$66$796
Retail$37$438
Roofing$872$10,469
Security$55$658
Snack Bars$46$550
Software$28$335
Spa/Wellness$18$221
Speech Therapist$6$75
Startup$14$163
Tech/IT$29$348
Transportation$244$2,931
Travel$7$88
Tree Service$231$2,776
Trucking$284$3,409
Tutoring$11$127
Veterinary$21$247
Wedding Planning$30$361
Welding$122$1,467
Wholesale$42$506
Window Cleaning$220$2,637

How Much Workers' Comp Insurance Do I Need in Hawaii?

In Hawaii, businesses must carry workers' compensation insurance as soon as they hire their first employee. This covers sickness or injury on the job.

Employers who fail to maintain required workers' compensation coverage face fines of up to $100 per employee per day. The state may also pursue criminal charges.

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    Sole proprietors

    Business owners operating alone can typically opt out of workers' compensation coverage since they are considered self-employed rather than employees

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    Corporate officers

    Executive officers owning at least 25% of company stock can elect to exclude themselves from coverage by filing a written waiver

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    Independent contractors

    Workers who maintain control over their work methods and schedule while providing their own tools generally qualify for exemption

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    Real estate agents

    Licensed real estate professionals working on commission basis are typically exempt when operating under independent contractor agreements

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    Domestic workers

    Household employees working fewer than 40 hours per week or earning below $750 per quarter may be exempt from coverage requirements

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    Agricultural workers

    Small farms with limited seasonal workers or family members often qualify for exemption from mandatory coverage

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    Religious workers

    Members of religious organizations who have taken vows of poverty while performing duties for their church can operate without coverage

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    Remote workers

    Employees working exclusively from home in low-risk occupations may qualify for exemption if they meet specific criteria

How to Get the Best Workers' Comp Insurance in Hawaii

While workers' compensation insurance in Hawaii may seem complex, reasonable business insurance costs are possible. Compare rates from many providers.

  1. 1

    Check coverage requirements

    Hawaii state law requires most businesses with employees to have workers' comp insurance.

  2. 2

    Collect business data

    Prepare accurate payroll records, employee counts, and job classifications before requesting quotes.

  3. 3

    Get multiple insurance quotes

    Contact at least three insurance carriers for quotes.

  4. 4

    Find industry-specific expertise

    Select insurers who understand your business's risks.

  5. 5

    Review provider performance

    Examine each insurer's claim processing speed and complaint history.

  6. 6

    Examine policy details

    Review coverage limits and exclusions. Consider payment flexibility options.

  7. 7

    Schedule annual reviews

    Check your coverage each year since changes in payroll, employee count or claims history can affect your insurance.

Hawaii Workers’ Comp: Bottom Line

Hawaii offers several strong options for workers' compensation insurance. Our analysis shows NEXT, Simply Business and Coverdash as the leading providers in Hawaii. Business owners should compare quotes from these insurers, as coverage needs vary based on industry type and company size.

Hawaii Workers' Comp Insurance: FAQ

Understanding workers' comp insurance requirements and costs across Hawaii can be challenging for business owners. Find answers to your most pressing questions in our comprehensive FAQ guide below.

Is workers' comp insurance required for all Hawaii businesses?

How much does workers' comp insurance cost in Hawaii?

What does workers' comp insurance cover in Hawaii?

Which workers' comp insurance company is best in Hawaii?

What happens if I don't have workers' comp insurance in Hawaii?

Do sole proprietors need workers' comp insurance in Hawaii?

How do I choose the right workers' comp insurance company in Hawaii?

How We Scored the Best Workers' Comp Insurance Companies in Hawaii

  • Affordability (50%): Cost drives every small business insurance decision in Hawaii's expensive market. We compared monthly premiums across all companies, since even comprehensive policies won't help if you can't afford them.
  • Customer experience (30%): When your employee gets hurt, you'll need an insurer that handles claims quickly and treats injured workers fairly. We used J.D. Power ratings, Hawaii Department of Insurance complaint data and independent reviews.
  • Coverage options (15%): We evaluated each company's policy flexibility, add-on options and coverage limitations for specific Hawaii industries and regulatory requirements.
  • Financial strength (5%): Premium savings don't matter if your insurer struggles financially. We checked AM Best ratings to ensure recommended carriers can deliver on their promises.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.


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