Home insurance in Hawaii costs about $41 monthly or $496 annually. Residents pay $179 less per month, or $2,139 less annually, than the national average, making it the most affordable state in the country.
Average Home Insurance Cost in Hawaii
Updated: May 31, 2025
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Rates updated:
Jun 06, 2025
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Key Takeaways
Home insurance costs in Hawaii range from $330 to $1,486 per year, depending on various factors.
Hawaii's home insurance premiums are the most affordable in the country, at 81% below the national average.
To find the best home insurance in Hawaii, determine your coverage needs, research providers and costs, and gather multiple quotes.
How Much Is Home Insurance in Hawaii?
| Hawaii Average | $41 | $496 | -81% |
| National Average | $220 | $2,635 | 0% |
*These rates represent a home built in 2000 out of frame with $250,000 dwelling, $125,000 personal property and $200,000 liability coverage with a $1,000 deductible.
Why Is Home Insurance so Expensive in Hawaii?
Home insurance is expensive in Hawaii because of the increasing number of claims, the high risk of severe weather and natural disasters, rising material and labor costs and state insurance laws. Below, we explain each factor in detail.
Rising Claims
Home insurance prices may increase as the number of claims rises. More claims suggest a higher risk of payouts, leading insurers to raise premiums to cover potential losses.
High Weather Risks
Areas with greater exposure to severe weather, such as hurricanes or wildfires, often face higher home insurance costs due to the increased likelihood of damage-related claims.
Rising Material and Labor Costs
When the cost of building materials and labor goes up, home repairs become more expensive. Insurance companies may raise premiums to offset these higher potential claim costs.
State Insurance Laws
State regulations can affect insurance costs. Mandates for specific coverage or benefits can lead to higher premiums as insurers comply with these legal requirements.
What Affects Hawaii Home Insurance Costs?
Home insurance rates, like in most states, are influenced by several factors:
- Location
- Coverage chosen
- Home build details
- Provider chosen
- Credit
- Claims history
We've highlighted below how much each factor affects rates specific to Hawaii.
How Much Does Coverage Affect Home Insurance Costs?
Coverage choices are the second most influential factor in Hawaii home insurance rates, averaging from $277 to $2,210 per year. Higher coverage limits and lower deductibles increase premiums, while lower limits and higher deductibles reduce costs.
| Lowest | $100K Dwelling / $50K Personal Property / $100K Liability | 2000 | $23 | $277 |
| Highest | $1MM Dwelling / $500K Personal Property / $1MM Liability | 500 | $184 | $2,210 |
How Much Do Home Details Affect Home Insurance Costs?
Home details like age, construction materials and roof type are the third most influential factor in Hawaii homeowners insurance rates, averaging from $23 to $41 per month. These factors affect replacement costs and the risk of damage or theft, leading to rate differences.
| Lowest | New | Superior | Composition | $23 | $281 |
| Lowest | New | Superior | Shake-Treated | $23 | $281 |
| Lowest | New | Superior | Tile | $23 | $281 |
| Highest | Old | Frame | Shake-Treated | $41 | $496 |
| Highest | Old | Frame | Tile | $41 | $496 |
| Highest | Old | Frame | Composition | $41 | $496 |
How Much Does the Provider You Choose Affect Home Insurance Costs?
Your choice of insurer is the fourth most influential factor in Hawaii home insurance rates, with prices ranging from 48% below to 74% above the state average.
| Lowest | DB Insurance | $21 | $256 |
| Highest | Hawaiian Insurance and Guaranty Company | $72 | $862 |
How Much Does Claims History Affect Home Insurance Costs?
In Hawaii, claims history has a smaller impact on homeowners insurance premiums than other factors, affecting rates by up to 4% or $39 annually. Filing more claims increases perceived risk, leading to higher premiums.
| Lowest | Claim free for 5+ years | $41 | $496 |
| Highest | 2 claims in past 5 years | $45 | $535 |
Tips to Save on Hawaii Home Insurance
Whether you're buying a home or cutting expenses, consider these tips to get the best and cheapest home insurance in Hawaii.
- 1
Find How Much Coverage You Need Beforehand
Determining how much home insurance you need before buying allows you to frame how you search for coverage and avoid being oversold by agents. In addition to standard coverage options, you should also consider if you need add-ons to protect any additional items you own.
- 2
Research Costs and Discounts
To know whether you’re actually getting a good deal, you’ll need to understand average costs for you and your home specifically. Also, be sure to ask about all home insurance discounts with agents since insurers are not required to apply some of their reductions unless you ask them for home policies.
- 3
Compare Multiple Providers Through Different Avenues
Compare multiple insurers apples to apples to find the best coverage for your needs. Use various methods, including online comparison sites, brokers, provider websites and agents, as quotes vary significantly across these channels.
- 4
Consider Bundling Policies
Bundling policies can lead to significant savings. For example, combining home and auto insurance in Hawaii can help you save on both policies annually.
- 5
Reduce Your Personal Risk Profile
To get cheaper premiums on your home, consider making improvements like adding storm shutters or home security systems. Also, improving your credit score can decrease premiums drastically. For example, moving from a fair to a good credit score can save you 28% on average.
- 6
See if You Are Eligible for State Programs
Find out about state programs that can help secure affordable coverage if traditional insurance is not an option.
Hawaii Home Insurance Calculator: Bottom Line
Home insurance costs depend on several factors, with location and coverage level being the most important. To secure the best rates, research your needs and average prices, then use our estimate tool to find the best deal.
Homeowners Insurance Calculator Hawaii: FAQ
The cost of homeowners insurance in Hawaii depends on several factors. To help you estimate your expenses, MoneyGeek answers common questions about home insurance in the state.
How much does homeowners insurance cost in Hawaii?
Hawaii's average monthly home insurance cost is $41 for a dwelling coverage of $250,000. However, your rate will depend on factors like your credit score, liability and property coverage limits and deductible.
How do I know how much dwelling coverage to get?
Homeowners can estimate their required dwelling coverage by calculating the cost to replace their home after damage, often with help from an appraiser. While this study uses a baseline coverage of $250,000, you can use the MoneyGeek homeowners insurance calculator to find the best coverage limit for your needs.
What factors affect home insurance costs the most?
The biggest factors affecting home insurance costs are your location, chosen coverage level and provider. Your credit score and home details also play a crucial role.
How We Determined Our Hawaii Home Insurance Estimates
When determining the average cost of home insurance in Hawaii, we used a base profile for a simple estimate consistent with the following:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- Home built year: 2000
- Construction type: Frame
- Roof type: Composition
- $1,000 deductible
- No claims in the past 5+ years
- Fire protection level of 3
However, rates will vary widely depending on factors such as coverage level, provider chosen, the age of the home, other features of the home, insured credit and claims history, among other factors. All other combinations presented in this article assume the home was built in 2000.
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.