For motorists in Hawaii, auto insurance just got a little more affordable.
Insurance from AAA in Hawaii will now cost 10 percent less thanks to an approval from the state insurance commissioner. The company said the lower premiums would save Hawaiians about $120 a year on average.
"The Insurance Division carefully reviewed the rate filing and we are happy to approve this discount for our drivers," said state insurance commissioner Jeffrey Schmidt. "AAA Hawaii has been a good competitor in the auto insurance market, which benefits all of Hawaii's consumers."
In addition to the drop in premiums, AAA said drivers in the state could get even more discounts for a number of reasons. Discounts can be given when a policyholder has more than one car on the plan, holds more than one policy, or has a history of safe driving.
A recent article on financial website Bankrate also said that cars with safety features such as alarms, anti-lock brakes, air bags and even a vehicle recovery system can also get motorists discounts on their auto insurance premiums.
Insurance from AAA in Hawaii will now cost 10 percent less thanks to an approval from the state insurance commissioner. The company said the lower premiums would save Hawaiians about $120 a year on average.
"The Insurance Division carefully reviewed the rate filing and we are happy to approve this discount for our drivers," said state insurance commissioner Jeffrey Schmidt. "AAA Hawaii has been a good competitor in the auto insurance market, which benefits all of Hawaii's consumers."
In addition to the drop in premiums, AAA said drivers in the state could get even more discounts for a number of reasons. Discounts can be given when a policyholder has more than one car on the plan, holds more than one policy, or has a history of safe driving.
A recent article on financial website Bankrate also said that cars with safety features such as alarms, anti-lock brakes, air bags and even a vehicle recovery system can also get motorists discounts on their auto insurance premiums.
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