Answer to #1 Insurance Question In Hawaii....Is my home covered for lava flow?

The Island of Hawaii is made up of 5 volcanoes:

Kohala Considered Extinct

Mauna Kea Considered Extinct

Hualalai Currently Not Active

Mauna Loa Actively Expanding and "Due Soon"

Kilauea Currently Erupting

As a loan officer, I am frequently asked by clients if their home is covered in the event of a lava flow.

Surprisingly, even though the policy a firm gives you may say you are not covered, you really are covered.

In order to sell insurance policies in Hawaii firms must agree to abide by the laws of the State of Hawaii that prohibit this exclusion.

If you doubt me, check with our local Hawaii insurance commissioner.

Disclaimers:

1. Laws are subject to change, so this information is based upon my current knowledge.

2. When a volcano erupts, it may also shake the ground causing an earthquake. Homeowner insurance typically doesn't cover for earthquakes.

3. If access to your home is cutoff due to a lava flow and the home itself suffers no damage, you are typically not covered.