Businesses that own vehicles need commercial vehicle coverage in Hawaii just like individuals need car insurance for their personal vehicles.
Commercial vehicle insurance in Hawaii covers cars, trucks, and any other vehicles used in business operations. Similar to personal auto insurance, commercial auto insurance provides liability, collision, comprehensive, personal injury, uninsured and underinsured motorist coverage, and more for the business owner.
The minimum commercial vehicle insurance requirements in Hawaii are as follows:
- Personal injury protection (PIP): $10,000 per person personal injury protection for paying medical and rehabilitative costs
- Bodily injury liability coverage: $20,000 per person/$40,000 per accident
- Property damage liability coverage: $10,000 per occurrence
Each of your business-owned vehicles must have this level of coverage at a minimum. Certain large vehicles, those that carry hazardous materials, and those that participate in interstate commerce may be required to carry higher liability limits.
Contact an independent insurance agent in Hawaii to learn more about your commercial vehicle insurance options.