Volcanic Eruption Coverage

Hawaii's volcanic hazard classification system ranging from Zone 1 (highest risk) to Zone 9 (lowest risk), based on the frequency and coverage of historic lava flows. Lava zones significantly affect property insurance availability and rates, with properties in Zones 1 and 2 often requiring coverage through the Hawaii Property Insurance Association.

Hawaii Property Insurance Association - a residual market mechanism that provides property insurance for homes in high-risk lava zones (primarily Zones 1 and 2) that cannot obtain coverage in the voluntary market. HPIA is an association of all property insurers licensed in Hawaii.

Insurance coverage that protects against all causes of loss except those specifically excluded in the policy, providing broader protection than named perils coverage. Also called 'open perils' coverage.

The repayment value for indemnification due to loss or damage of property; in most cases it is replacement cost minus depreciation.

Insurance coverage that pays for damage to your vehicle resulting from a collision with another vehicle or object.

Insurance coverage for damage to your vehicle from causes other than collision, such as theft, vandalism, fire, weather events, or hitting an animal.

The scope of protection provided under an insurance policy, including the types of losses and risks that are covered.