Navigating Hurricane Risks: Understanding Insurance Coverage in Hawaii

Hurricane Douglas' Close Call with Hawaii

Hurricane Douglas, a Category 1 storm, brought heavy rain and 90 mph winds to parts of Hawaii on July 26, 2020, as it passed north of Maui and Oahu. Although it avoided a direct hit, some bands of heavy rain and gusty winds affected both islands. This event underscores the importance of understanding and preparing for hurricane risks in Hawaii, where landfalling hurricanes are rare but not unheard of.

Insurance Coverage for Natural Disasters

Homeowners and renters insurance policies in Hawaii typically cover most standard perils such as fire and explosion, but some exclude hurricanes. Therefore, residents generally purchase separate hurricane and flood insurance policies to supplement their standard coverage. According to the Insurance Information Institute (Triple-I), only 12.6 percent of Hawaii's population has flood insurance, highlighting a significant coverage gap.

Protecting Your Property and Vehicles

A flood insurance policy, available through FEMA's National Flood Insurance Program (NFIP) and some private insurers, is essential for protecting property from flood damage. Additionally, an auto insurance policy's optional comprehensive provision covers wind, hurricane, and flood-caused damage to vehicles. Sean Kevelighan, CEO of Triple-I, emphasizes the need for appropriate coverage and building resilient communities to mitigate the impact of natural disasters.

For residents of Hawaii, understanding the specifics of their insurance policies and ensuring they have adequate coverage for hurricanes and floods is crucial. Staying informed and prepared can make a significant difference in the face of natural disasters.