Who Has the Cheapest Car Insurance Rates for Police Officers in Honolulu?

For law enforcement personnel, one of the big considerations that are looked at to help calculate the amount you pay each year for auto insurance is where you live in Honolulu. Regions with more people or even just more weather-related claims tend to have more expensive auto insurance rates, whereas areas with less congestion can boast about having cheaper rates.

The table below shows the most expensive places in Hawaii for police officers to buy auto insurance in. Honolulu is ranked #3 with an annual cost of $1,047 for the average insurance policy, which is around $87 per month.

How much is car insurance in Honolulu?
Rank City Annual Premium
1 Hilo $1,098
2 Kailua $1,084
3 Honolulu $1,047
4 Nanakuli $1,047
5 Halawa $1,047
6 Waianae $1,047
7 Waipahu $1,046
8 Makakilo $1,046
9 Ewa Beach $1,046
10 Kaneohe $1,036
11 Schofield Barracks $1,036
12 Mililani Mauka $1,036
13 Wahiawa $1,036
14 Royal Kunia $1,026
15 Kapolei $1,016
16 Kihei $1,016
17 Waimalu $1,016
18 Mililani Town $1,016
19 Pearl City $1,016
20 Ewa Gentry $1,015
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Prices are approximated as specific Honolulu zip code can change prices noticeably.

Establishing which companies quote the best car insurance rates for police officers will require a little more effort than just quoting one company’s rates.

Every insurance company uses a little different formula for establishing rates, so let’s examine the most budget-friendly car insurance companies in Honolulu. Keep in mind that Honolulu, HI car insurance rates are determined by lots of factors that control the policy price. Simply improving your credit, moving to a new city, or getting a ticket for running a stop sign can cause premium changes that can now make some companies cheaper than competitors.

Best Auto Insurance Prices for Law Enforcement

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Who has the cheapest car insurance in Hawaii?
Rank Company Cost Per Year
1 USAA $964
2 State Farm $1,120
3 GEICO $1,389
4 Liberty Mutual $1,421
5 Progressive $1,560
6 Allstate $1,926
7 First of Hawaii $1,928
8 AIG $2,445
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USAA normally has some of the most affordable car insurance rates in Honolulu at around $964 each year. State Farm, GEICO, Liberty Mutual, and Progressive would also be considered some of the more affordable Honolulu, HI auto insurance companies.

As shown in the table above, if you are currently insured with Progressive and switched to State Farm, you might see a yearly price reduction of approximately $440. Insureds with Allstate might save as much as $806 a year, and First of Hawaii policyholders might see rate reductions of $808 a year.

Remember that these prices are averaged for all drivers and vehicles in Hawaii and do not factor in an exact vehicle garaging location for police officers. So the insurer that fits you best may not even be in the list above. That points out the importance of why you need to compare as many prices as possible using your own personal information and vehicle type.

The type of vehicle driven is probably the most important factor that determines whether or not you find the best car insurance for police officers. Vehicles with high performance, poor safety ratings, or a history of substantial liability claims will cost much more to insure than more modest models. The table below estimates auto insurance prices for a number of the most budget-friendly vehicles to insure.

Cheapest Vehicles to Insure in Honolulu, HI
Insured Vehicle Estimated Cost for Full Coverage
Ford Escape XLT 2WD $1,005
Honda CR-V EX-L 2WD $1,026
Dodge Grand Caravan Hero $1,036
Toyota Tacoma Double Cab 4WD $1,043
Ford Focus SEL 4-Dr Sedan $1,070
Hyundai Elantra GLS 4-Dr Sedan $1,092
Toyota Prius $1,111
Chevrolet Silverado LS Extended Cab 2WD $1,119
Jeep Grand Cherokee Limited 4WD $1,111
Chevrolet Malibu LTZ $1,120
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $1,147
Honda Accord EX 2-Dr Coupe $1,166
Volkswagen Jetta S 2.5 Station Wagon $1,168
Toyota Camry LE $1,187
Dodge Ram 3500 Crew Cab Laramie 2WD $1,204
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Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in vehicle location which can increase or decrease rates considerably.

Based upon these rates, you can figure that vehicles like the Ford Escape, Honda CR-V, Dodge Grand Caravan, Toyota Tacoma, and Ford Focus are most likely going to be some of the less-costly vehicles to insure for law enforcement personnel.

The chart below demonstrates how choosing different deductibles can affect insurance costs when getting quotes for cheap insurance for police officers. The premiums are based on a single male driver, full physical damage coverage, and no discounts are taken into consideration.

A 40-year-old driver could reduce rates by $218 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $328 by choosing a $1,000 deductible. Even younger insureds, like the 20-year-old, could possibly save $714 each year just by choosing larger deductibles. If you make the decision to raise deductibles, it is essential to have additional funds in a savings account to allow you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Buying coverage from the highest-rated car insurance company is difficult considering how many different companies sell coverage in Honolulu. The rank data below may help you analyze which insurers you want to consider buying from.

The rankings below are only comprised of insurance companies that insure vehicles in the majority of U.S. states, so smaller companies are not taken into consideration for these rankings. To check rates from these top-rated insurers and more, just click here.

Top 10 Major Car Insurance Companies Overall in Honolulu

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. Progressive
  8. Allstate
  9. Nationwide
  10. Liberty Mutual

Does full coverage make sense?

Saving money on car insurance should be important to most people, and one great way to lower the cost of insurance for police officers is to not pay for full coverage. The diagram below illustrates the difference between insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Hawaii. Data assumes no accidents, no driving violations, $500 deductibles, drivers are single, and no discounts are applied.

As an average for all age groups, physical damage coverage costs an additional $1,253 per year more than just insuring for liability. A very common question is if paying for full coverage is worth it. There is no written rule that works best for making the decision to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your vehicle’s book value is $10,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $9,000 after paying the physical damage deductible. If you are paying in excess of $900 a year to have full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where eliminating full coverage is not recommended. If you haven’t paid off your loan, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.

Low rates today, overpriced tomorrow

Honolulu, HI car insurance rates are based on many factors which can substantially decrease or increase the cost of having a policy. Improving your credit score, moving to a new city, or getting a couple of tickets may cause policy rate changes that can cause some rates to be more affordable than others.

Not only may your risk profile change, but insurance companies amend premium rates every year or even multiple times each year in order to maintain liquidity for claims. Significantly higher claims may result in rate increases, while a better loss history may cause lower-cost Honolulu car insurance rates.

For instance, the graph below demonstrates which company has the cheapest car insurance in Honolulu, HI for a 40-year-old female driver with no prior claims, no tickets, and great credit. When quoting prices based on her current situation, USAA may have the most affordable car insurance rates in Honolulu at $993 annually. This is $603 less than the average premium paid by Hawaii drivers of $1,596. State Farm, GEICO, Liberty Mutual, and Progressive are the rest of the cheapest Honolulu, HI auto insurance companies.

Now we will give the driver in the first example an accident claim, a lower credit score, and a stop sign violation. Due to the fact that each insurance company has a different process to set their prices, comparing insurance quotes may now show a slightly different list of cheap Honolulu auto insurance companies as shown below.

State Farm now has the best price in Honolulu with USAA, GEICO, First of Hawaii, and Liberty Mutual completing the list. This demonstrates why it is critical to perform an extensive rate comparison when trying to find the most affordable insurance rates for police officers. Car insurance prices consist of many different factors and can change substantially, so the most economical option the last time you compared rates may now be wasting a lot of money.