The 3 Best Hawaii Homeowners Insurance Companies

Advertiser Disclosure

In 1992, Hurricane Iniki struck Kauai, inflicting nearly $2 million of property damage. The unfortunate reality following Iniki was that many Hawaii homeowners were either uninsured or underinsured, and their property was unrecoverable as a result.

A quarter-century later, it is as important as ever to evaluate how prepared you are to deal with disaster and ensure that you’re receiving adequate coverage from a provider you can trust.

Considering Hawaii’s position, surrounded by the vast Pacific Ocean, seek out a homeowners insurance company that offers hurricane and flood protection. These options may cost more on your annual premium but will save you a significant amount in the event of a disaster.

We’ve outlined our top picks for Hawaii homeowners insurance, based on availability of coverage options and financial strength. We’ve also included an online quote comparison tool, so you can get started evaluating policies today.

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

State Farm

State Farm dominates the Hawaii homeowners insurance market, writing over 33% of total premiums in the state. The company is a popular choice for Hawaii residents because standard policies are cheap, cover every type of standard dwelling, and can be custom tailored to your needs with add-on protections.

A standard State Farm policy in Hawaii includes protection in the event of fire, lightning, windstorms, freezing, and theft. This policy is available to Hawaii residents living in single-family homes, condominiums, farms/ranches, and manufactured homes. Available add-on options include increased coverage for personal injury, liability, and identity restoration services.

State Farm helps you save on your homeowners insurance by offering a host of discount opportunities. Customers who have a claim-free history, bundle their auto and home insurance products with State Farm, install protective devices, and opt for a higher deductible are eligible for price breaks on their homeowners insurance policy premium. State Farm also offers a Discount Double Check feature, which automatically applies any discount you are eligible for, saving you up to 40% off your premium.

It’s important to note that State Farm does not extend discounts for new or recently renovated homes, an otherwise popular offering. If you belong in one of those two categories, keep this potential saving opportunity in mind when shopping around for a policy.

First Insurance Co. of Hawaii

First Insurance Co. of Hawaii (FICOH) has been serving Hawaii residents for over a century and boasts an A+ (superior) rating from A.M. Best for financial strength. A FICOH homeowners insurance policy covers any damage caused by lightning, fire, or theft, along with personal liability coverage. Each FICOH policy also includes free Identity Management Services through IDT911, a valuable perk considering many other providers tack this on as an extra cost.

FICOH’s First Select Portfolio is a unique personal insurance package option in Hawaii. The portfolio combines homeowners, auotmobile, and optional umbrella insurance policies in a single, comprehensive policy that can be customized with additional protection where you see fit. Opting for this policy protects all your major assets and ends up saving you a significant chunk on both individual insurances. FICOH also offers accident forgiveness and customer loyalty credit, so you can lower your premium rate even further.


USAA was founded by a group of Army officers and continues to serve military service members and their families throughout the United States. With over 10 military bases in Hawaii, it’s no wonder USAA is a popular choice for affordable homeowners insurance coverage. The company’s core military values of service, loyalty, honesty, and integrity mean consistently well-rated customer service and claims management departments, as well as an A++ (highest possible) rating from A.M. Best.

A standard USAA homeowners insurance policy in Hawaii protects against most weather-related damage, fire, and theft, and automatically includes full-replacement cost coverage to repair or rebuild your home after a covered loss. In the event that your personal belongings were damaged or destroyed, USAA provides up to 75% of the insured value of your home to recover them. Each USAA policy also includes up to $5,000 toward expenses incurred due to credit card fraud or identity theft, a feature that is growing in importance.

Eligibility for homeowners insurance through USAA requires membership to the association, which comes with its own set of perks. In addition to cheap comprehensive homeowners insurance coverage, USAA members have access to benefits like no ATM fees, low loan rates, and discount opportunities with participating retailers. USAA customers can also take advantage of the Home Circle online resource center, which provides specialty tools and tips for military families and homeownership.

The 3 Best Hawaii Homeowners Insurance Companies

  • State Farm
  • First Insurance Co. of Hawaii
  • USAA

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

For more information on homeowners insurance and to see our overall top picks for the best national providers, click here