DB Insurance is the cheapest home insurance option for most homeowners in Hawaii, with an average monthly savings of $478. Below is a summary of the most affordable providers in the state.
Cheapest Home Insurance in Hawaii
Updated: May 27, 2025
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Key Takeaways
DB Insurance offers the cheapest homeowners insurance in Hawaii if you own a new home or have bad credit.
Customers can find savings of up to 96% from the cheapest overall providers in the Aloha State: DB Insurance.
If you live in a high-fire-risk area, DB Insurance is the cheapest provider for home insurance in Hawaii.
What is the Cheapest Home Insurance in Hawaii?
| DB Insurance | $21 | $256 | 48% |
| RLI | $32 | $384 | 23% |
| State Farm | $37 | $441 | 11% |
| Island Insurance | $39 | $470 | 5% |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
THE CHEAPEST COMPANY MAY NOT BE THE BEST FOR YOU
Price is important to consider for home insurance, however it's also useful to know about a company's customer service reputation and coverage options. To help, we've created a separate guide to the best home insurance companies in Hawaii, giving you more information to make the best decision for your situation.
Cheapest Hawaii Home Insurance Rates by Category
While we’ve listed the cheapest options for most homeowners, those rates may not reflect your specific situation. For instance, while DB Insurance is typically the cheapest overall, it offers the best rates for newer homes. To help, we’ve outlined the cheapest companies on average for common categories.
| DB Insurance | Older Homes | $21 |
| DB Insurance | Newer Homes | $17 |
| DB Insurance | Homes in High Risk Fire Areas | $21 |
*Rates are modified based on our methodology’s base profile. Newer home estimates are based on a home built in 2023, high-risk fire estimates are for a policy with 8-class fire protection, and bad credit rates assume a poor credit score on the FICO scale.
Compare Personalized Cheap Hawaii Home Insurance
The companies listed above typically provide the best rates for their categories, but actual rates vary based on your unique profile. Use the filter below to get a personalized list of the cheapest providers for your situation.
Data filtered by:Results filtered by:
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Coverage Level:$250K Dwelling / $125K Personal Property / $200K Liability
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Deductible:1000
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Claims History:Claim free for 5+ years
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Credit Tier:Good
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Home Age:Older Homes
| DB Insurance | $21 | $256 |
| RLI | $34 | $413 |
| State Farm | $38 | $460 |
| Island Insurance | $42 | $505 |
| Allstate | $44 | $530 |
Cheapest Hawaii Home Insurance By City
Risk factors for insurers vary by location, making some providers more affordable than others. For example, while Farmers is the cheapest in most Hawaiian cities, State Farm and Nationwide offer lower rates in certain areas. This highlights the importance of comparing providers to find the best deal.
| Urban Honolulu | DB Insurance | $21 |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
How To Find the Cheapest Hawaii Home Insurance for You
Finding affordable home insurance in Hawaii can be challenging, but you can significantly lower your costs with some effort. Below are our core recommendations to help you maximize savings on your policy.
- 1
Determine your coverage needs
It's easy to get oversold on coverage when you don't have limits in mind before buying. Determine your home insurance coverage needs beforehand to avoid purchasing too much. Understanding the different types of home protection available helps ensure you don't miss something important.
- 2
Research home insurance cost information
Research home insurance costs in Hawaii for your profile and available discounts to understand what qualifies as affordable. When ready to buy, ask agents directly about all discounts you may qualify for, as insurers won't apply them automatically.
- 3
Bundle your policies
Enjoy significant cost reductions with bundled home and car insurance options in Hawaii.
- 4
Compare multiple companies apples to apples
Once you know your coverage levels and type, compare quotes from different companies for that coverage to get the best deal. We recommend gathering as many quotes as possible using different methods to get your best rate.
Cheap Home Insurance Hawaii: Bottom Line
DB Insurance, RLI, and State Farm are typically Hawaii's most affordable home insurance options, regardless of your profile or home. If you’re denied coverage, the TFPA offers low-cost policies. Still, compare multiple companies, research costs and identify your coverage needs before deciding.
Cheapest Home Insurance Hawaii: FAQ
Below are answers to common questions about the cheapest home insurance in Hawaii:
What is the cheapest home insurance company in Hawaii?
DB Insurance offers the lowest rates for newer homes in Hawaii at $17 per month or $200 per year. However, homeowners with older properties or higher fire protection needs may find better rates with DB Insurance.
How expensive is home insurance in Hawaii?
Hawaii holds the 14th-lowest home insurance rates in the U.S.
How much is home insurance in Hawaii?
Your home insurance should match the full replacement cost of your home and cover the full value of your possessions. Additionally, account for local hazards and unique items.
While not legally required for homeowners outright, if you hold a mortgage, your lender will require sufficient insurance to rebuild your home completely in case of total loss. It's essential to ensure your policy covers personal property adequately, factoring in regional risks and any irreplaceable items you own.
How much home insurance do I need?
Your home insurance should match the full replacement cost of your home and cover the full value of your possessions. Additionally, account for local hazards and unique items.
While not legally required for homeowners outright, if you hold a mortgage, your lender will require sufficient insurance to rebuild your home completely in case of total loss. It's essential to ensure your policy covers personal property adequately, factoring in regional risks and any irreplaceable items you own.
How We Found the Cheapest Home Insurance Companies in Hawaii
To determine the cheapest home insurance companies in Hawaii, we assumed the following base profile:
- $250K dwelling coverage
- $125K personal property coverage
- $200K liability coverage
- Home built in 2000
- Frame construction
- Composition roof
- $1,000 all perils deductible
- No claims in the past 5+ years
- 3-class fire protection
All other combinations were adjusted based on this profile to provide a more accurate comparison for your specific situation. However, these figures are estimates, and we recommend comparing quotes from multiple providers to secure the best deal.
About Mark Fitzpatrick
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.