How much does Retail Store insurance cost in Hilo, Hawaii?

The estimated annual cost for a Retail Store in Hilo with one employee is between $884 and $1300. The state base rate is $1000.

What insurance is required for a Retail Store in Hawaii?

In Hawaii, businesses are subject to a 4.0% insurance tax. Retail Stores typically need General Liability due to a risk factor of 1.

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$884-$1300

Estimated Annual Premium

Monthly Average Breakdown

$87 / mo

Includes General Liability

Retailers mainly need premise liability for customer slip-and-falls and property insurance for inventory.

Risk Factor1x

While Hawaii law may not mandate it for all businesses, Retail Stores 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.