RELEASE: Consumer Tools to Explore Coverage Options and Save Money

Posted on Jan 10, 2018 in News Releases

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Insurance Division

DAVID Y. IGE
GOVERNOR

CATHERINE P. AWAKUNI COLóN
DIRECTOR

GORDON I. ITO
INSURANCE COMMISSIONER

FOR IMMEDIATE RELEASE
January 10, 2018

CONSUMER TOOLS TO EXPLORE COVERAGE OPTIONS AND SAVE MONEY
Hawaii Insurance Division Releases Annual Premium Comparison Guides to Help Consumers Compare Insurance Premiums

HONOLULU – The Department of Commerce and Consumer Affairs Insurance Division recently released its annual premium comparison guides for motor vehicle, homeowners, condominium, and renters insurance.

“The Insurance Division encourages policyholders to shop and compare coverages and prices between companies. Reviewing circumstances and updating policies annually will help consumers avoid unexpected expenses,” said Insurance Commissioner Gordon Ito.  “We encourage people to use these guides as a tool and talk with their agent to make sure they are adequately covered for the New Year.”

The lists of sample premium rates can be used as a guide to see what consumers’ insurers are charging compared to its competitors. The premium comparison guides help consumers research and explore options and ensure greater competition in the insurance marketplace.

The insurance premium comparison guides are available online at: http://cca.hawaii.gov/ins/resources/.

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The Hawaii Insurance Division oversees the Hawaii insurance industry, issues licenses; examines the fiscal condition of Hawaii-based companies; reviews rate and policy filings; and investigates insurance related complaints.

Media Contact:

William Nhieu
Communications Officer
Department of Commerce and Consumer Affairs
Email: wnhieu@dcca.hawaii.gov
Office: (808) 586-7582
Cell: (808) 389-2788