Updated: January 9, 2026
Advertising & Editorial Disclosure
DB offers the cheapest homeowners insurance in Hawaii, with average rates of $272 per year.
DB, RLI, State Farm, AIG and Island cost 9% to 55% below Hawaii's $600 average.
Bundle your home and auto insurance policies to save 10% to 25% on premiums — one of the biggest discounts Hawaii insurers offer.
DB is the cheapest home insurance company in Hawaii at $272 per year, though eligibility may be limited. RLI ranks second at $384 annually and provides coverage to all Hawaii residents. The five most affordable insurers deliver savings between $56 and $328 compared to the state average.
| DB Insurance | $23 | $272 | -55% |
| RLI | $32 | $384 | -36% |
| State Farm | $36 | $433 | -28% |
| AIG Insurance | $43 | $519 | -14% |
| Island Insurance | $45 | $544 | -9% |
*The rates above are for homeowners ages 41 to 60 with good credit and no claims history. Quotes are for a home built in 2000 insured for $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage with a $1,000 deductible.
RLI offers Hawaii's most affordable home insurance across property types and homeowner demographics. RLI's rates start at $292 annually for newer homes and reach $491 for larger properties. Whether you're protecting an older home, navigating high-risk fire zones, or looking for senior-specific coverage, RLI delivers lower premiums than competitors in the Hawaii market.
| Older Homes | RLI | $395 |
| Newer Homes | RLI | $292 |
| Young Homeowners | RLI | $384 |
| Senior Homeowners | RLI | $384 |
| High-Risk Fire Homes | RLI | $430 |
| Smaller Homes | RLI | $421 |
| Larger Homes | RLI | $491 |
The cheapest company may not be your best fit. Customer service quality, coverage options and claims handling matter beyond price. Our guide to the best home insurance companies in Hawaii compares insurers across these factors.
Risk factors differ by location, so insurers price policies differently across Hawaii. DB offers the cheapest home insurance rates in cities like Honolulu and Kailua.
| Honolulu | DB Insurance | $272 |
| Kailua | DB Insurance | $272 |
| Kilauea | DB Insurance | $272 |
| Laupahoehoe | DB Insurance | $272 |
Your coverage needs determine which insurer offers the best rate. For basic $100,000 dwelling coverage in Hawaii, DB offers the lowest premiums at just $200 annually. DB also provides the most affordable pricing for mid-range and high-value homes, while RLI is the cheapest option at premium $1 million dwelling coverage levels.
| DB Insurance | $17 | $200 |
| State Farm | $19 | $223 |
| AIG Insurance | $21 | $254 |
| Allstate | $23 | $272 |
| RLI | $23 | $279 |
Hawaii homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to Hawaii homeowners.
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
Hawaii allows insurers to use credit-based insurance scores when setting rates. Improving your credit score can save you hundreds of dollars annually on your home insurance premium.
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Frequently asked questions about the cheapest home insurance in Hawaii:
Standard homeowners insurance in Hawaii covers tornado damage to your dwelling and personal property. Hawaii isn't considered a high tornado risk area, so this coverage is usually included without premium increases.
Hawaii doesn't require flood insurance statewide, but mortgage lenders mandate it for properties in FEMA high-risk flood zones. Standard homeowners insurance excludes flood damage, so you'll pay out-of-pocket for water-related losses without separate flood coverage.
Replacement cost coverage pays the full amount to rebuild or repair without deducting for depreciation, while actual cash value coverage factors in depreciation and pays current market value. Most Hawaii lenders require replacement cost coverage to protect their investment in your home.
You can cancel your Hawaii home insurance anytime without cancellation fees, and you'll receive a prorated refund for unused premiums. Check your mortgage requirements first, as lenders require proof of continuous coverage to avoid complications.
Our rate analysis reflects what most Hawaii homeowners need: standard coverage for a typical single-family home built within the past 25 years.
We collected quotes from major insurers using a consistent homeowner profile across Hawaii. This approach shows how each company prices the same coverage by removing variables that make direct comparisons difficult. The base profile represents the most common home insurance scenario in Hawaii.
Standard Coverage Profile:
For specialty scenarios like older homes, high-value properties and rural locations, we adjusted variables from this base profile while keeping other factors constant. This shows how specific characteristics affect your rate compared to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
