State: Review your existing insurance policies and consider flood coverage

Most standard homeowners, condo unit owners and renters insurance policies do not cover flood damage.

The Hawaiʻi Department of Commerce and Consumer Affairs Insurance Division encourages the public to review and understand their insurance coverages and deductibles following last week’s significant winter storm that brought severe weather, heavy rains and gusty winds to the islands. 

“With the recent local forecasts including possible flooding and strong winds, we are reminded that natural disasters can be unpredictable, and flooding can happen anytime and anywhere,” said acting state Insurance Commissioner Jerry Bump.

Flood insurance coverages can be purchased separately from the National Flood Insurance Program or endorsed onto a policy to supplement homeowners insurance.

Consumers interested about the National Flood Insurance Program should keep in mind that there is a 30-day waiting period for the policy to take effect.

Click here floodsmart.gov or talk with your insurance agent to learn more about the program.

The Insurance Division collects data to publish its Premium Comparison guides. Consumers can use these informational guides to review and compare sample premiums from insurance companies licensed in Hawai‘i.

Guides for 2025 are now available online.

“Individuals should familiarize themselves with what their insurance policies cover and the out-of-pocket expenses they are responsible for annually,” said Bump. “If they are unsure or wish to make changes before renewing, policyholders can contact their agent or insurance company.”