Cheap Commercial Auto & Truck Insurance Quotes in Hawaii

Like most other states in the US, Hawaii requires every driver to carry a personal auto insurance coverage. For businesses, commercial auto insurance policy is also required. There should be proof of insurance available at all times.

There are over 120,000 small businesses that operate in Hawaii. Each of these businesses requires the use of vehicles to transport goods, employees, and other operational needs. If you want to protect your business from significant financial impact involving accidents, collisions, and other risks on the road, auto insurance coverage for your business vehicles is a must.

Cheap Commercial Auto & Truck Insurance Quotes

Minimum commercial auto insurance coverage requirements in Hawaii

To meet the requirements of the state law, the minimum coverage for commercial auto insurance in Hawaii is $20,000 for bodily injury (per person) or $40,000 per accident. There should also be coverage worth $10,000 for property damage per accident. The personal injury protection (PIP) starts with a value of $10,000. Non-trucking liability insurance is another type to consider if you plan to use this vehicle type for something other than business.

These are the limits required by the state. Therefore, your commercial auto insurance coverage should be higher than these limits in order to be considered valid. Failure to comply with these requirements and show proof of insurance coverage could met a fine of $1,500 and suspension of driver’s license.

When compared to other states in the US, the minimum coverage requirements are on the lower end. Make sure you consider the risks on your business, particularly the type of vehicle you are using, so you can get the right amount of protection.

Cheap Commercial Auto & Truck Insurance Quotes

Average cost of Hawaii commercial auto insurance policy

The commercial auto insurance rates in Hawaii vary significantly based on factors such as vehicle type, level of coverage, nature of business, type of cargo, and the insurance company. Larger vehicles such as tow trucks, food trucks, and heavy trucks are more costly to insure than taxis, limos, and vans.

The annual rate for low coverage can range from $969 to $4,500. Meanwhile, the annual rate for high coverage starts at $1,100 and can be as high as $4,900.

Commercial Auto & Truck Insurance Near Me

commercial auto truck insurance Hawaii

Best Commercial Auto & Truck Insurance Companies

Island Insurance Hawaii

1022 Bethel St, Honolulu, HI 96813

(808) 643-4000

Carrs Insurance Agency

94-547 Uke╩╗e Street #300, Waipahu, HI 96797

(808) 836-2277

Commercial Insurance Quotes

1363 Nuuanu Ave, Honolulu, HI 96817

(919) 230-8514

Atlas Insurance Agency

201 Merchant St, Honolulu, HI 96813

(808) 533-3222

Daniel De Soto - Hawaii Island Insurance Services

275 Ponahawai St #105, Hilo, HI 96720

(808) 961-3207

All Island Insurance Services

65-1206 Mamalahoa Hwy #3, Waimea, HI 96743

(808) 883-2447

DTRIC Insurance Company, Limited

1600 Kapiolani Blvd #1520, Honolulu, HI 96814

(808) 944-5400

Farmers Insurance Hawaii

Six Waterfront Plaza, 500 Ala Moana Blvd 5th Floor, Honolulu, HI 96813

(800) 549-7029