Besthome insuranceHawaiiThe Best Homeowners Insurance Companies in Hawaii (2024)
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While MoneyGeek ranked Allstate as the best company overall for home insurance in Hawaii, our research shows that State Farm offers the best service quality in Hawaii and is also the best option for bundling with an auto insurance policy.
MoneyGeek researched the best insurance companies in Hawaii for different types of homeowners and reviewed their available coverages and discounts to help you find the best option.
MoneyGeek also analyzed the cheapest homeowners insurance providers in Hawaii for those more concerned with saving on their monthly bill.
Besthome insuranceHawaiiThe Best Homeowners Insurance in Hawaii
Best overall - Allstate
Best for service quality - State Farm
Best on a budget - Allstate
Best for expensive homes - Allstate
Best for veterans - USAA
Best for bundling - State Farm
The Best Overall Homeowners Insurance Companies in Hawaii
MoneyGeek considered customer satisfaction, claims reputation, financial stability and affordability to find the best-rated homeowners insurance companies in Hawaii to help you get the right homeowners policy.
We found the following companies offer the best overall homeowners insurance in Hawaii:
- Allstate: MoneyGeek score of 87 out of 100
- State Farm: MoneyGeek score of 77 out of 100
MoneyGeek broke down the coverages and discounts offered by Allstate and State Farm to help you understand why these companies are the best option for homeowners insurance in Hawaii.
The Top Home Insurance Companies in Hawaii
1
Allstate
Score:87
With an average annual cost of $446, Allstate is overall the best home insurer in Hawaii. The company gets a perfect 5 out of 5 score for affordability and is above-average or near it for stability and customer satisfaction. Allstate offers home rental coverage, which is a rare add-on.
More About Allstate
Allstate’s HostAdvantage® home rental coverage further protects your belongings if you rent out your home. The company also offers additional rare coverages like energy efficiency upgrade and mold coverage. With energy efficiency upgrade coverage, you get an additional replacement cost of damaged items to use for energy-efficient items, while mold coverage offers protection for mold and fungus remediation.
2
State Farm
Score:77
A homeowners policy from State Farm costs around $1,013 per year in Hawaii. The company has an excellent score for stability, is above-average for customer satisfaction, but only average for affordability. State Farm offers earthquake/volcano coverage in Hawaii, which isn’t widely available.
More About State Farm
If your home is damaged in an earthquake or volcanic eruption, State Farm’s policy add-on covers costs to the dwelling and contents. State Farm’s vacancy add-on, another unique offering, covers damage from vandalism and glass breakage to your home if it has been unoccupied and content-free for 30 days. You can also get a continuously insured discount with State Farm.
HOW WE DETERMINED THE BEST HAWAII HOME INSURANCE
MoneyGeek analyzed quotes from homeowners insurance companies in Hawaii and obtained property claims ratings and customer satisfaction scores from J.D. Power. We balanced the quotes against those scores to find the best home insurance nationally and in Hawaii.
However, your costs and experience may differ depending on your profile. You can read our methodology for a greater understanding of MoneyGeek’s home insurance scoring process.
The Best Homeowners Companies in Hawaii for Service Quality
If you want the best service quality and aren’t concerned about cost, MoneyGeek found the best home insurance companies in Hawaii based almost entirely on customer satisfaction and claims experience.
The Hawaii home insurance companies with the best service quality are:
- State Farm: MoneyGeek score of 81 out of 100
- Allstate: MoneyGeek score of 80 out of 100
We explain below why State Farm and Allstate are the leading companies if you want the best quality service regardless of the cost of home insurance in Hawaii.
The Top Home Insurance Companies in Hawaii for Quality Service
1
State Farm
Score:81
State Farm charges an average of $1,013 per year for a homeowners policy in Hawaii. The company is above-average for customer satisfaction and nearly there for its claims ratings with a score of 3.8 out of 5. Its customer satisfaction score reflects its high-quality policy offerings and processes.
More About State Farm
With State Farm, you can add loss assessment coverage that pays your portion of a covered loss your HOA assesses to all members. Home systems protection is also an option, covering a sudden or accidental mechanical or electrical breakdown of a heating or cooling system and more. Home insurers rarely offer these add-on coverages.
2
Allstate
Score:80
The average annual cost of a homeowners policy from Allstate in Hawaii is $446. The company is nearly above-average for its claims ratings and customer satisfaction, with 3.93 or 3.97 out of 5 scores, respectively. That means it has good policy offerings and service when filing a claim.
More About Allstate
Allstate offers add-on yard and garden coverage to help you cover the cost of items like trees, landscaping and equipment. In the case of identity theft, the company covers legal fees and lost income. These are rare add-on coverages that many home insurers in Hawaii do not offer.
The Best Homeowners Companies in Hawaii on a Budget
MoneyGeek researched homeowners insurance companies in Hawaii for people who want an affordable policy alongside great service.
The best home insurance companies in Hawaii on a budget are:
- Allstate: MoneyGeek score of 93 out of 100
- Universal North America: MoneyGeek score of 81 out of 100
It costs roughly $446 per year to buy a homeowners policy from Allstate, while Universal North America is around $556 per year in Hawaii.
MoneyGeek broke down the unique coverage details and discounts of Allstate below to help you understand why it ranks first for Hawaii homeowners on a budget.
The Top Home Insurance Companies in Hawaii on a Budget
pros
Affordable home insurance coverage at around $446 per year
Discounts for automatic payments, being claims-free and bundling with auto insurance
cons
Does not offer a home renovation discount
MoneyGeek customer satisfaction rating of 3.96 out of 5
COMPANY HIGHLIGHTS
Allstate ranks highest for affordability in Hawaii, with a perfect 5 out of 5 score. Customers can get common discounts like bundling homeowners with auto insurance, purchasing a recently constructed home and having theft or fire protection devices in their home.
Rare and unique discounts Allstate offers are loyal customer and claim forgiveness.
The Best Homeowners Companies in Hawaii for Expensive Homes
MoneyGeek researched the best homeowners companies in Hawaii for people who need to insure a home that would cost a lot to rebuild. We weighed insurance policy quotes with $2 million in coverage against customer service.
The following are the most affordable insurance companies for expensive homes in Hawaii:
- Allstate: MoneyGeek score of 83 out of 100
- State Farm: MoneyGeek score of 82 out of 100
MoneyGeek explains the reasons behind Allstate’s top ranking for an expensive home’s insurance and the coverages it offers that may benefit homeowners who need a lot of coverage.
The Top Home Insurance Companies in Hawaii for High-Value Homes
pros
Highest ranking in Hawaii for affordability
cons
Does not offer contents replacement cost coverage
COMPANY HIGHLIGHTS
In Hawaii, Allstate is ranked first for affordability. It has a 3.97 out of 5 customer satisfaction ranking, which is nearly above average.
With Allstate, you can get additional protection for your belongings while renting out your home. The company also offers cyber event and identity theft coverage and provides scheduled personal property coverage for appraised items like jewelry, business property or other high-value items.
The Best Homeowners Companies in Hawaii for Veterans
MoneyGeek researched the best homeowners insurance companies in Hawaii for people with a military background and found USAA is best. USAA has a MoneyGeek score of 95 out of 100, and it tailors its policies to active military members and veterans.
The Top Home Insurance Companies in Hawaii for Veterans
pros
Policies tailored to military families
Contents replacement cost included in every home policy
cons
Only for eligible active military, veterans and their families
No scheduled personal property or building ordinance/law coverage
COMPANY HIGHLIGHTS
USAA is the best option for current and former military members who need a homeowners policy in Hawaii. The company includes contents replacement cost in every policy at no extra charge, which covers the replacement of personal belongings without considering depreciation.
USAA also offers the unique home rental coverage, which is beneficial if you’re renting your house or a room in it. With USAA’s earthquake coverage, you get help repairing earthquake-caused damage. You can also save with discounts through USAA, like protective devices, claims-free and bundling with auto insurance.
The Best Homeowners Companies in Hawaii for Bundling
If you need homeowners and auto insurance in Hawaii, MoneyGeek rated the best auto and home insurance bundle for people who want to balance the best car insurance in Hawaii with the best home insurance policy.
The following companies offer the best bundles for home and auto insurance in Hawaii:
- State Farm: MoneyGeek score of 85 out of 100
- Allstate: MoneyGeek score of 77 out of 100
The greatest benefit of bundling home and auto insurance is the discounts the insurer provides. Plus, it’s a lot easier to manage the process if you buy both policies from the same company.
The Top Home Insurance Companies in Hawaii for Bundling
pros
Auto Insurance MoneyGeek score of 4.35 out of 5
Offers 18% discount for bundling
cons
Home Insurance MoneyGeek score of 3.84 out of 5
COMPANY HIGHLIGHTS
State Farm ranks second-highest for car insurance and home insurance in Hawaii. Its bundling discount has the highest score in Hawaii at 5 out of 5. The company offers an 18% discount when bundling home and auto policies.
State Farm offers unique add-on home insurance coverages like earthquake, energy efficiency upgrade, mold and service line.
For auto insurance, rideshare insurance, which makes sure that your policy remains in effect with certain limitations while you’re working for a rideshare company, is a unique available coverage.
How to Find the Best Home Insurance in Hawaii
While looking for a home insurance policy, it’s best to choose a company that balances cost, service quality and financial stability. MoneyGeek researched companies in this guide; however, you can go through the process yourself by following these steps:
1
Research Customer Service Reputations in Hawaii
It’s important to look over the customer service reputation of the company since you must deal with them when filing claims. MoneyGeek has done this for you, but you can check the J.D. Power satisfaction scores and NAIC complaint ratios in Hawaii for insurance companies. The Hawaii Department of Insurance is also a great resource for this information.
2
Compare Quotes for Yourself
While MoneyGeek compared average rates in many areas of Hawaii for sample homeowners, we did not cover them all. Always compare quotes from three insurers to get an idea of how much insurance costs in Hawaii for your needs and profile.
3
Make Sure the Company Has Coverages You Want in Hawaii
Major insurance companies often advertise certain discounts and coverages that are not available in every location. It’s best to confirm with the insurer if they offer what you’re looking for in Hawaii for home insurance.
4
Double-Check Financial Stability Ratings
Always check the financial stability ratings of an insurance company before making a decision. The financial situation of a company can impact the processing of your claims. While major insurance companies tend to be financially stronger, regional insurance companies in Hawaii may have lower ratings.
FAQs About the Best Home Insurance in Hawaii
MoneyGeek uncovered the most frequently asked questions about home insurance in Hawaii to provide answers that help you find a policy best suited for your needs.
MoneyGeek’s research shows that Allstate is overall the best company in Hawaii, while State Farm has the best service quality and is the best option for bundling auto and home insurance. For military families, USAA is the best option.
Allstate offers the cheapest home insurance in Hawaii at around $446 per year. While this policy costs less, you may have to compromise on service quality. If you want the most affordable policy regardless of service, look over the cheapest home insurance companies in Hawaii.
Methodology
MoneyGeek scores for homeowners insurance in Hawaii were calculated by using a scaled and weighted average of J.D. Power Property Claims and Customer Satisfaction Scores, real homeowners insurance quotes and financial stability ratings from A.M. Best. Our scoring system weighted J.D. Power scores at 60%, affordability at 30% and financial stability at 10%, adjusting weightings in the sections focused on affordability and service experience specifically.
MoneyGeek analyzed homeowners insurance quotes from the top insurance companies in Hawaii that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Hawaii. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $500,000, liability coverage of $100,000 and personal property coverage of $100,000.
About Mark Fitzpatrick
