A rather endearing little saying says a house is built of walls and beams; a home is built with love and dreams. Home insurance may not be able to do much about your loves and dreams but it is essential that you invest in the same to protect those walls and beams.
Home Insurance in Hawaii is essentially :-
• A legal, binding contract between the policy holder and the Delaware home insurance company
• An agreement for fiscal protection against disaster in exchange for premiums payable every month or a 6 months depending on the contract.
•Protection for home, domestic belongings and other structures on the insured's property
•Protection against one's expenses incurred in case he/she suffers a loss and has to search for another residence.
Since Hurricane Iniki in 1992 a lot of home insurance policies do not include hurricane insurance in its scope. These days there are two ways you can avail of hurricane insurance. You could buy a separate hurricane policy or you could buy a combined policy that includes hurricane insurance.
Two policies
Most insurance companies and agents offer two different policies. One policy protects against loss due to damage caused by fire, theft, vandalism, non-hurricane wind damage and liability, among other covered causes of loss.
The second policy protects against fiscal loss due to hurricanes. This coverage is usually triggered by the issuance of a hurricane watch or warning by the Central Pacific Hurricane Center, and includes damage occurring within 72 hours following cancellation of the watch or warning. Typically, the hurricane policy carries a separate deductible, which ranges between 1-5% of the sum your home is valuated at.
Until recently, insurance companies providing two policies received hurricane coverage through the Hawaii Hurricane Relief Fund (HHRF). However, the HHRF stopped providing policies in December 2000, as there are now numerous sources of private coverage available.
One Policy
In other cases, you will get one policy that covers all kinds of casualties, including hurricane. In this case, there will still be two different articles, one for hurricane and one for all other causes of loss. When taken as a whole, the coverages that you get may not be much dissimilar to the one mentioned above. However, the same insurance company will be liable to settle all of your claims.
Hawaii Home Insurance Types: Home insurance in Hawaii is extended to all kinds of homes. The various types of home insurance available in Hawaii are:-
Homeowners : This policy protects homes owned by the policy holder and includes personal property and liabilities. Dwelling Fire policies also cover tenant occupied homes, the building structure of the home and contents that are specified in the policy.
Condominium Owners: Protects owner's condominium and includes the individual's belongings and liability.
Mobile Homeowners: Protects mobile homes inhabited by policy holder and also includes personal material possessions and liabilities.
Renters: Covers policy holder's rented home.
Here is a list of insurance companies that provide home insurance in Hawaii:-
AAA Hawaii
1130 N Nimitz Hwy Rm A170
Honolulu, HI 96817
(808) 550-4650
Aflac
1132 Bishop St Ste 2101
Honolulu, HI 96813
(808) 521-3522
Aflac Benefits by Design
1136 Union Mall
Honolulu, HI 96813
(808) 526-4440
Allstate Insurance
1314 S King St Ste 752
Honolulu, HI 96814
(808) 593-8342
Allstate Insurance
1806 S King St Ste 32
Honolulu, HI 96826
(808) 941-2886
American Mutual Group
1357 Kapiolani Blvd Ste 1000
Honolulu, HI 96814
(808) 522-8650
American Pacific Insurance Company
Honolulu, HI 96813
(808) 545-2454
First Hawaiian Bank
Honolulu, HI 96813
(808) 525-6280
First Hawaiian Insurance
Honolulu, HI 96813
(808) 643-4344
First Hawaiian Insurance Inc
999 Bishop St
Honolulu, HI 96813
(808) 525-6280
Guardian
Honolulu, HI 96813
(808) 553-8445
Hawaiian Insurance & Guaranty Company Limited
1001 Bishop St Ste 500
Honolulu, HI 96813
(808) 536-2777
MetLife Financial Services
1099 Alakea St Ste 1500
Honolulu, HI 96813
(808) 537-5433
National Interstate Insurance
1001 Bishop St Ste 600
Honolulu, HI 96813
(808) 536-3366
Primerica
2828 Paa St
Honolulu, HI 96819
(808) 834-2808
Primerica
3049 Ualena St Ste 101
Honolulu, HI 96819
(808) 833-5880
State Farm
1040 S King St Ste 105
Honolulu, HI 96814
(808) 596-0551
State Farm
1451 S King St
Honolulu, HI 96814
(808) 949-1233
State Farm
2615 S King St Ste 203
Honolulu, HI 96826
(808) 955-2628
Prudential Financial
1100 Alakea St
Honolulu, HI 96813
(808) 566-6777
Prudential Financial
725 Kapiolani Blvd
Honolulu, HI 96813
(808) 591-6606
