Hawaii Condo Insurance

If you’re one of the lucky ones who own a condo in The Aloha State, kudos to you for figuring out how to live life to the fullest. But you’ll also want to protect your unit with a Hawaii condo insurance policy.

Referred to as a Hawaii HO6 condo insurance policy, which is fancy insurance lingo for a policy that extends protection to your condo’s four walls, many things inside your unit like appliances, electronics and clothing, and coverage in case your unit is damaged and needs to be repaired.

The thing about insurance is that you never know when you’ll need to use it until the moment you need to file a claim. By then, it’s already too late. So getting a policy as soon as possible is crucial to protect that financial freedom you’ve worked so hard to achieve.

At Clovered, getting a Hawaii condo insurance quote is easy. Simply type your address into our proprietary software, fill in a few details about your place, and we’ll pair you with the perfect policy that checks all the boxes.

☘ Since it’s a walls-in policy, meaning only what’s inside the four walls of a condo are typically covered, an HO6 begins with coverage for personal belongings. This helps to protect items you keep inside your home, such as clothing, computers, furniture and TVs. Since condo owners don’t own the property outside their unit, belongings that are permanently kept outdoors may not be covered.

☘ If a peril occurs that damages or destroys your condo, causing you to temporarily move out, loss of use can help to cover monthly rent at an equivalent home, storage fees, pet boarding and many other expenses you wouldn’t have incurred had you been living in your unit. Since your neighbors may not be as careful as you, loss of use is pivotal in protecting your wellbeing. 

☘ If an accident occurs to a guest in your condo unit and you’re deemed liable, personal liability coverage can step in and help pay for medical bills and legal expenses for major incidents like dog bites, broken bones or even accidental death. For condo owners, personal liability is typically the highest amount of coverage you’ll maintain.

☘ MedPay, as it’s often called, is similar to personal liability in that it covers injuries that occur on your property. But with medical payments coverage, only medical bills for minor injuries will be paid — no matter whether you’re at fault or not.

☘ If the condo’s master HOA policy maximums don’t pay for significant damages or incidents, each owner will have to pay a special assessment. This add-on protects policyholders from paying significant special assessment fees handed down by the condo complex.

☘ Condo insurance is a walls-in policy, so you don’t have to protect the building’s structure. But building property protection protects the walls and interior of your condo unit if they’re damaged or destroyed by a covered peril, which is important since you may have many neighbors.

Condo insurance in Hawaii is among the cheapest rates in the nation, tipping the scale at around $25 per month. That’s almost as cheap as a renters policy — but you get so much more coverage as a condo owner.

Of course, your premium prices depend on how much coverage you get, how much your condo is worth and where it’s located. Beachfront condos will be more to insure than inland condos. But, no matter what, you’ll still pay cheaper prices for condo insurance in Hawaii than you would in just about any other state.

From Honolulu to Maui and every island in between, we’ve teamed up with some of the state’s top insurance carriers to help you find an affordable condo policy that meets your coverage needs and your budget.

With the multi-rater quoting tool, getting a Hawaii condo insurance quote is smooth, simple and takes just a few minutes. And if you need extra help, our team of licensed agents is always there to answer any questions you may have.