Hawaii Business Insurance

Customized protection for your Hawaii business

As a small business owner in Hawaii, you should consider several types of business insurance for financial and legal reasons. Customer slips and falls, commercial property damage and workplace injuries are a few of the many risks that can lead to costly lawsuits and financial hardships without adequate insurance.

There are 135,567 small businesses in Hawaii that account for over 99% of all businesses in the state, according to the Small Business Administration (SBA). These small businesses collectively employ more than 275,000 people and are required by state law to protect them with Workers’ Compensation insurance.

The Progressive Advantage® Business Program can help you find workers’ comp, general liability, professional liability and more. Our licensed agents can personalize a Hawaii business insurance policy specific to your situation.

Types of HI business insurance

General Liability

This is the most common business insurance coverage and nearly all businesses in Hawaii should have it. It protects against third-party bodily injury and property damage, as well as personal and advertising injury.

More info

Commercial Auto

Commercial auto provides liability and physical damage coverage for your business vehicles. Most personal auto policies don’t cover vehicles used for business, which includes transporting supplies or traveling between job sites.

More info

Workers' Compensation

Businesses in Hawaii are required to have workers' comp insurance if they have one or more employees. Workers’ compensation insurance helps pay for expenses related to employees becoming injured or ill while working for you.

More info

Business Owners Policy (BOP)

A BOP combines property and liability coverage into one easy-to-manage policy. It’s a great option for small to medium-sized businesses that rent or own commercial property such as a storefront, warehouse or office building.

More info

Professional Liability

Hawaii businesses that offer professional services should consider this coverage. It protects businesses from claims of professional negligence, both actual or alleged, and helps pay for defense costs. It’s also known as errors and omissions insurance (E&O).

More info

Cyber Insurance

This protects against incidents like data breaches and cyber attacks. It includes first-party and third-party protection for things like investigative services, data recovery and legal costs. Businesses that store or manage customer data, like credit card information, typically need this coverage.

More info

Browse for Hawaii business insurance by your profession.

How much does business insurance cost in Hawaii?

The cost of business insurance in Hawaii depends on a variety of factors including your business’s size, location and coverage needs. For example, a business on the highly populated island of Oahu can expect a different rate than one on a lesser populated island like Maui. Likewise, a business with employees might have a higher rate than one that doesn’t.

The most influential factor is your profession. Each industry has its own unique risk exposures, which causes rates to differ. For example, general contractors typically manage large projects that involve several employees and subcontractors. A handyman, on the other hand, usually handles smaller projects and might work alone. In this case, the general contractor has more risk and can therefore expect to pay more for insurance.

Hawaii business insurance requirements

Workers’ compensation is legally required in Hawaii for businesses with one or more employees. Employers can purchase coverage through an insurance carrier or qualify to become self-insured.

Unpaid volunteers, domestic workers and ordained ministers are just a few of those who aren’t required to be covered by a workers’ comp policy. However, employers may elect to cover any employees excluded under the law.

Other business insurance like general liability and professional liability aren’t legally required in Hawaii, but you’ll likely need them before entering a contract with a client.

Resources for Hawaii small business owners:

Hawaii professions we insure

We help small business owners from a wide variety of industries, including these common professions:

Browse more examples of professions we insure.

Why choose Progressive?

Options – We can help you secure coverage at any stage of your business’s development with the flexibility to adjust your policy as your business changes. Our agents will work with you to make sure you’re getting protection that meets both your needs and budget.

Experts – As the #1 Commercial Auto Insurer in America*, you can trust us with all your business insurance needs. Our team of specially trained, in-house agents can assist you every step of the way to make sure you’re getting the best coverage for your business.

Convenience – There are several ways to get a quote whether you need a single Hawaii policy or a combination of business insurance coverages. Simply start a quote online or call us to speak with an agent.

Business insurance for all Hawaii cities

We can customize business insurance in all Hawaii cities, including, but not limited to:

  • Honolulu
  • Pearl City
  • Hilo
  • Kailua
  • Kahului
  • Kihei
  • Kapolei
  • Ewa Beach
  • Waianae
  • Lahaina

More information

*No. 1 commercial auto insurer from SNL Financial’s 2019 national written premium data.