How much does Electrician insurance cost in Hilo, Hawaii?

The estimated annual cost for a Electrician in Hilo with one employee is between $1591 and $2340. The state base rate is $1000.

What insurance is required for a Electrician in Hawaii?

In Hawaii, businesses are subject to a 4.0% insurance tax. Electricians typically need General Liability due to a risk factor of 1.8.

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$1591-$2340

Estimated Annual Premium

Monthly Average Breakdown

$156 / mo

Includes General Liability

Electrical work carries a higher risk of fire and severe property damage, typically requiring higher coverage limits and premiums.

Risk Factor1.8x

While Hawaii law may not mandate it for all businesses, Electricians often need proof of insurance to bid on local commercial projects in Hilo.

Your premium reflects Hawaii's specific base rate of $1000 and a local city multiplier of 1x.