Posts: 4
Threads: 3
Joined: Sep 2007
I have called a few insurance companies in Hilo. So far none will cover Leilani Estates due to the lava zone. I have 6 more agencies to call, but would like input from anyone that does not mind sharing agent names/companies and or coverage costs for Leilani or HPP. What I have so far is about $1,100 a year for a $250k place in HPP. We are starting to look for a place in Leilani (first choice) and HPP (second). I was told that if you have a mortgage you have to have hurricane coverage which is about $620 of that $1,100. Appreciate any help.
Larry in Oregon
Posts: 2,314
Threads: 59
Joined: Jun 2003
HPIA (Hawaii Property Insurance Assocation) will insure properties up to $350,000 in Lava Zone 1 and I got my insurance through the brokerage of Hawaii Business Insurance in Hilo. My premium is $1,200 for a 2,500 sq.ft. new (one year old) house. If you can't find their phone number I will post it on Monday.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,RB
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
Edited by - John S. Rabi on 10/06/2007 10:08:01
Posts: 2,899
Threads: 489
Joined: Mar 2006
We are in HPP and we also pay about $1100.00 a year with allstate. $500.00 for home and $620.00 for hurricane.
Posts: 942
Threads: 17
Joined: Aug 2005
Not all mortgage companies require hurricane. One of my homes has hurricane coverage, the other does not.
John Dirgo, R, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.hawaiirealproperty.com
Posts: 2,655
Threads: 42
Joined: Sep 2006
Here in S. Fla I'm paying about $1,100.00 per month total for my house and guest house (which is mostly garage). That does, of course include hurricane coverage :\ Try and fit that into your budget!
Pua`a
S. FL
Big Islander to be.
Pua`a
S. FL
Big Islander to be.
Posts: 2,655
Threads: 42
Joined: Sep 2006
Yes, per month!
Pua`a
S. FL
Big Islander to be.
Pua`a
S. FL
Big Islander to be.
