Cheap Auto Insurance Quotes for Retired Military in Hawaii

Because the topic is car insurance, the words “affordable” or “cheap” should not appear anywhere in the article as a descriptor for auto insurance rates. Regardless, cheap auto insurance for retired military may be a thing of the past. But don’t despair, because there may be ways you can get insurance that is more budget-friendly.

Shopping around for low-priced car insurance is not easy, and finding out which companies have the cheapest insurance rates for retired military involves even more work.

Every insurance company has a unique approach for determining rates in each state, so we’ll go over the insurance companies that tend to have lower prices in Hawaii.

Cheapest Insurance Rates for Vets

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USAA has some of the most affordable car insurance rates in Hawaii at around $926 each year. State Farm, GEICO, Liberty Mutual, and Progressive would also make the list of some of the more affordable Hawaii insurance companies.

In the above rates, if you have coverage with State Farm and switched to USAA, you might realize a yearly price reduction of approxmiately $161. Insureds with GEICO might save as much as $422 a year, and Liberty Mutual insureds might lower prices by $480 a year.

To find out how much you can save, click here to begin a quote or visit any of the companies below.

These rates are averaged for all drivers and vehicles and and are not figured with a rate discount for retired military. So the company that can offer you the best rate may not even be featured in the above list. That illustrates why you need to get rate quotes using your own specific driver and vehicle information.

When shopping for the cheapest insurance for veterans, one of the many factors that is used by insurance companies to calculate the amount you pay for auto insurance is the neighborhood you call home in Hawaii. Areas with a lot of weather claims or more people like Hilo, Halawa, and Wahiawa tend to pay higher rates, whereas areas with lower crime rates and fewer weather claims generally have lower rates.

The table below displays the most expensive areas in Hawaii for retired military to buy car insurance in.

Rate quotes are comparative as the specific area where the vehicle is garaged can affect coverage prices considerably.

How accidents and tickets impact rates

In a perfect world, the ideal way to score low insurance premiums in Hawaii for veterans is to be a good driver and avoid accidents and traffic citations. The example below illustrates how violations and at-fault collisions can impact insurance costs for different age groups. The information is based on a single male driver, comp and collision included, $250 deductibles, and no discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 3205,3439,4109],[‘Age 30’, 1649,1885,2553],[‘Age 40’, 1633,1869,2539],[‘Age 50’, 1487,1723,2395],[‘Age 60’, 1443,1679,2349],[‘Age 70’, 1763,2001,2669]]);var options = {title: ‘Impact of Tickets and Claims on Hawaii Insurance Rates’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Hawaii’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data charted above shows the average cost of car insurance in Hawaii per year with no violations or accidents is $1,863. Factor in one speeding ticket and the average cost increases to $2,099, an increase of $236 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of insurance for retired military goes up to an average of $2,769. That’s an increase of $906, or $75 per month, just for not keeping your driving record clean!

Company comparison: Progressive vs Geico vs Allstate vs State Farm

If you are shopping around for car insurance for veterans, probably the best companies to start with are Progressive, Geico, Allstate, and State Farm. The following table illustrates price, claims, and customer service ratings, as well as some optional coverages that are available for customers.