How much is renters insurance in Hawaii?

The average cost of renters insurance in Hawaii is $231 a year, and the average monthly cost is $19. That's for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance may differ from your neighbours because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Average annual premium$231
Average monthly premium$19
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Best renters insurance companies in Hawaii

AIG, State Farm and Dongbu Insurance are our best renters insurance companies in Hawaii.

Rates differ widely between renters insurance providers, so it pays to shop around. But rates aren’t the entire picture. It’s also important to choose an insurance company with a good reputation so you know it will be there for you when you need it.

To help you choose the best renters insurance in Hawaii, we reviewed rates and third-party ratings including complaint volume with the National Association of Insurance Commissioners (NAIC) and financial ratings from AM Best.

Among the carriers surveyed, AIG is the best renters insurance company in Hawaii, with a top score and an average renters insurance rate of $181.

Below is our list of best renters insurance companies in Hawaii based on that analysis, with our score out of five.

CompanyAverage annual premiumAM BestNAICInsurance.com rating
AIG$181A0.095
State Farm$118A++0.954.83
Dongbu Insurance$150A0.684.62
Allstate$218A+0.94.27
Universal Insurance Co$263A-3.452.94
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Cheapest renters insurance in Hawaii

State Farm is the cheapest renters insurance company in Hawaii based on our rate analysis with an average annual premium of $118.

Renters insurance prices can vary drastically between companies. That's why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the cheapest renters insurance companies in Hawaii and their average annual premiums.

Company nameAverage annual premium
State Farm$118
Dongbu Insurance$150
AIG$181
Tokio Marine Holdings$204
Allstate$218
Island Insurance$251
Universal Insurance Co$263
RLI Insurance$318
Ocean Harbor$372
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Compare renters insurance rates by city in Hawaii

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Hawaii.

CityAnnual insurance premium
Hilo
$231
Honolulu
$231
Kahului
$231
Kailua
$231
Kapolei
$231
Pearl City
$231
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How to get cheap renters insurance in Hawaii

There are a few things you can do to get cheaper renters insurance in Hawaii:

  • Shop around. Not every Hawaii renters insurance company offers the same rates or discounts. Shop around for the best price.
  • Ask about discounts. There are a lot of discounts available on renters insurance; one of the biggest is bundling your home and auto insurance, so ask for an auto quote at the same time.
  • Chose a higher deductible. Your deductible affects your premiums; higher deductibles mean lower rates. Just ensure you can afford the deductible if you have to pay it.

Insurance.com compared renters insurance rates provided by Quadrant Information Services for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.

Hawaii renters insurance: FAQ

Do I need renters insurance in Hawaii?

Renters insurance isn’t required by law, but your landlord may require you to purchase a policy as part of your lease agreement.

How much renters insurance do I need in Hawaii?

You don’t need any renters insurance by law, but when buying a policy you should ensure you have enough personal property coverage to cover all of your personal property at replacement cost.

Compare Hawaii renters insurance rates with other states

Alabama
$310 /year
Alaska
$233 /year
Arizona
$237 /year
Arkansas
$346 /year
California
$253 /year
Colorado
$175 /year
Connecticut
$265 /year
Delaware
$170 /year
Florida
$230 /year
Georgia
$334 /year
Idaho
$169 /year
Illinois
$227 /year
Indiana
$249 /year
Iowa
$188 /year
Kansas
$238 /year
Kentucky
$193 /year
Louisiana
$472 /year
Maine
$174 /year
Maryland
$243 /year
Massachusetts
$244 /year
Michigan
$323 /year
Minnesota
$203 /year
Mississippi
$367 /year
Missouri
$210 /year
Montana
$256 /year
Nebraska
$266 /year
Nevada
$233 /year
New Hampshire
$160 /year
New Jersey
$190 /year
New Mexico
$191 /year
North Carolina
$323 /year
North Dakota
$173 /year
Washington, D.C.
$260 /year
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