Is GEICO insurance good in Hawaii?
Your Hawaii GEICO Insurance Agent provides exceptional coverage. The Aloha State is known for beautiful sunny days and big, bright rainbows. And GEICO is known for helping make life even sunnier by providing quality protection for Hawaiians' cars, motorcycles, and more–all at an affordable rate.
As the largest auto insurer in Hawaii, GEICO is ready to help you get a fast and free car insurance quote to make sure you meet the minimum requirements for Hawaii auto insurance coverage.
| Insurance company | Bankrate score | Average full coverage rate |
|---|---|---|
| Geico | 4.4 Rating: 4.4 stars out of 5 | $1,526 |
| USAA | 4.2 Rating: 4.2 stars out of 5 | $1,173 |
| State Farm | 4.3 Rating: 4.3 stars out of 5 | $2,282 |
| Allstate | 3.9 Rating: 3.9 stars out of 5 | $1,474 |
Here's a look at how car insurance costs in Hawaii compare to other states in the nation. For minimum liability coverage, Hawaii drivers pay an average of $625 per year, or $52 per month, which is just below the national average of $635 annually or $53 monthly.
Hawaii is a considered a “no-fault state”, which means your motor vehicle insurance company will pay the bills for your injuries and your passengers' injuries up to the personal injury protection benefits (“PIP”) limit.
Best health insurance companies in HI
Although Kaiser Permanente offers the lowest prices and highest-quality plans, HMSA is the most popular health insurance company in Hawaii. It sells just over 60% of all health plans for the state.
Geico has the cheapest car insurance quotes for most drivers in Hawaii. Minimum coverage from Geico costs $30 per month, and full coverage costs around $82 per month. That's about 40% cheaper than average.
Allstate and Geico Alternatives: Top Picks
The best option overall isn't necessarily the best option for every driver. That's why it's good to compare car insurance quotes from multiple providers, and USAA and State Farm are the other two top-rated insurers we highly recommend.
Car insurance costs are cheaper in Hawaii than in other states. This is because non-driving rating factors that normally increase premiums, like your age and credit score, are disregarded. However, factors particular to Hawaii — like the fact that it's a no-fault state — can increase rates.
According to their list the Toyota Tacoma tops the charts. In Hawaii the Toyota Tacoma sells eight to ten times quicker than in other states in the country.
Is Allstate or Geico more expensive?
Geico tends to have cheaper rates than Allstate, but Allstate offers more extensive coverage options and flexible roadside assistance packages, which come at a higher premium. Both companies offer similar coverage and discounts.
In fact, Geico is one of the cheapest car insurance companies nationally. Even though Geico offers cheaper-than-average rates, its premiums can get expensive for drivers with certain characteristics.
The Cost of Buying a Car in Hawaii
Hawaii is known for its high car prices due to several reasons, including high taxes, shipping costs, and the limited supply of new and used cars. The average cost of buying a car in Hawaii is significantly higher than in other states, and luxury vehicles can be especially expensive.
| Insurance Company | Average monthly premium | Average annual premium |
|---|---|---|
| USAA | $98 | $1,173 |
| Allstate | $123 | $1,474 |
| Geico | $127 | $1,526 |
| Island | $143 | $1,717 |
Full coverage insurance in Hawaii is usually defined as a policy that provides more than the state's minimum liability coverage, which is $20,000 in bodily injury coverage per person, up to $40,000 per accident, and $10,000 in property damage coverage.
Driving without insurance in Hawaii is against the law, though, and the potential penalties include fines up to $1,500 and driver's license suspension. You do not have a driver's license or never drive. If you don't have...
| Provider | Annual Premium | Our Rating |
|---|---|---|
| Liberty Mutual | N/A | 4.3 |
| Allstate | $654.00 | 4.4 |
| State Farm | $857.00 | 4.5 |
| Tokio Marine Insurance | $875.50 | 4.0 |
Key takeaways
The average monthly cost of car insurance in Hawaii is $137 for full coverage and $34 for minimum insurance. Average rates for full coverage in Hawaii are 29 percent less than the national average.
Hurricane season in Hawaii begins on June 1 and runs through November. Hurricane insurance is a supplemental insurance to home insurance. It covers wind-related damage associated with hurricanes. Banks require homeowners to have hurricane insurance as part of their mortgage approval.
Direct-to-consumer insurance sales eliminate the cost of middlemen and allow Geico to have significantly fewer local offices and agents than companies like State Farm and Allstate. Having a smaller agent network lowers Geico's overhead costs so they can pass those savings on to consumers.
Why are Geico rates so high?
It's known for raising accident-prone drivers' premiums by more than many other insurance companies. As such, it has developed a reputation as a "trap" company that charges new customers low premiums to earn their business and then jacks up its rates at the first sign of trouble.
Both Geico and Progressive offer cheap car insurance to drivers across the country. Geico's rates are typically lower overall, but Progressive tends to offer better prices to high-risk drivers. High-risk drivers are those with a recent DUI, at-fault accident or speeding ticket on their driving record.
Geico Auto Insurance. State Farm is currently the largest auto insurer in the U.S. according to the National Association of Insurance Commissioners (NAIC), closely followed by Geico. Both companies hold strong financial reputations and customer service ratings.
Both Geico and Progressive offer competitive average premiums for drivers, but if cost is your primary consideration, Geico has the edge. Its average rates tend to be lower than the average rates offered by Progressive, and the company's extensive discount list may help you save even more.
Geico Auto Insurance Review. We give Geico a rating of 9.1 out of 10 and name it Best for Budget-Conscious Drivers in 2024. The provider ranked sixth overall in our in-depth industry review for the best car insurance companies, sitting slightly behind State Farm and USAA.
