Coverage line

A small shop's roof folds around its counter, stock and doorway like one protective wrapper.Illustration for The General Average

Hawaiʻi BOP: Separate Flood and Hurricane Decisions from the Package

A BOP can combine property, general liability and business-income protection for an eligible Hawaiʻi business, but flood and hurricane protection need a separate, location-specific review. The Insurance Division notes flooding can occur beyond designated high-risk zones; NFIP commercial building and contents coverage are separate and exclude interruption losses. A narrow state hurricane program applies only to condominium and townhouse associations, not ordinary standalone business policies.

What Is Business Owner’s Policy?

A BOP may suit an eligible small business that wants property, liability and lost-income protection together. If you also need auto, workers’ compensation or professional liability, plan for separate coverage. Read the national Business owner’s policy guide.

What Should You Watch for With Business Owner’s Policy in Hawaii?

Review flood exposure at the exact island address
Hawaiʻi’s Insurance Division warned in March 2026 that flooding can occur outside designated high-risk areas; FEMA’s commercial flood policy separates building from contents, with independent deductibles and limits. At a coastal, streamside or low-lying premises, ask for both building and stock/equipment flood options and whether a flood shutdown leaves income protection elsewhere. ^2,⁴
Do not confuse an association master policy with a BOP
Hawaiʻi’s Hurricane Relief Fund currently serves condominium and townhouse owner associations with hurricane-only excess commercial property insurance. Its policy requires separate primary hurricane and all-other-perils property coverage, has a fixed 2% per-building deductible, and attaches above the primary layer. It does not insure an individual condo unit or ordinary small-business BOP; if your business occupies an association building, compare the association master policy with your own contents, liability and income needs. ^3,¹
Flood recovery and income protection are different
NFIP commercial building/contents coverage addresses direct physical flood damage, not financial loss from business interruption. Ask whether your BOP’s income coverage requires covered physical damage and compare that trigger and time limit separately; a separate flood policy does not by itself solve lost income. ^4,¹

Which Business Owner’s Policy Providers Have Hawaii License Records?

These providers publish a national listing for Business owner’s policy; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Hawaii. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

Corgi
Insurance producer · checked 2026-09-28
Corgi Insurance Services, Inc.
Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability. ¹²
Corgi lists a business owner’s policy in its coverage catalog.
ERGO NEXT Insurance
Insurance producer · checked 2026-09-28
Next First Insurance Agency, Inc.
ERGO NEXT’s current license table lists Next First Insurance Agency, Inc. in 50 jurisdictions, including Washington, DC; New York is excluded because its table rows name Next Insurance Services and AP Intego, not Next First. The table is company-reported; it does not establish product availability or provide state-regulator verification for each entry. ¹⁴
ERGO NEXT markets a business owner’s policy.
Hiscox
Insurer · checked 2026-09-28
Hiscox Insurance Company Inc.
Hiscox’s U.S. company information states that Hiscox Insurance Company Inc. is licensed in all 50 states and the District of Columbia. This is company-reported insurer authority for this entity and does not establish which company issues every Hiscox-branded product. ¹³
Hiscox offers business owner’s policies for small businesses.
TechInsurance
Insurance producer · checked 2026-09-28
Specialty Program Group LLC
TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. ¹⁵
TechInsurance arranges business owner’s policies for small businesses.

Who Regulates Insurance in Hawaii?

Hawaiʻi Insurance Division

The Insurance Division oversees insurance companies and producers, examines Hawaiʻi-based insurers, reviews rate and policy filings, and investigates insurance complaints. It is part of the Department of Commerce and Consumer Affairs. ^5,^6,⁷

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 1-844-808-3222

Surplus-Lines Tax and Stamping Office in Hawaii

Reported tax rate. 4.68% of premium when Hawaiʻi is the home state ^8,⁹

Hawaiʻi applies a 4.68% tax when it is the insured’s home state. Surplus-lines coverage is placed with an unauthorized insurer, so do not assume the Hawaiʻi Insurance Guaranty Association protects the policy; confirm the insurer’s status and policy terms with your broker.

What Should You Ask Before Buying Business Owner’s Policy in Hawaii?

What should a Hawaiʻi business compare for flood protection?
Does the Hawaiʻi Hurricane Relief Fund replace a business BOP?
Does commercial flood insurance pay lost income?

Business Owner’s Policy in Hawaii: Frequently Asked Questions

Can my small business buy the Hawaiʻi Hurricane Relief Fund policy instead of a BOP?

No. The current Fund program is limited to hurricane-only excess property coverage for condominium and townhouse owner associations; it requires primary hurricane and all-other-perils insurance and does not cover individual condo units. It is not a BOP substitute. ^3,¹

Does NFIP commercial flood insurance include business interruption?

No. FEMA’s NFIP lists financial losses from business interruption among exclusions. Compare building and contents flood limits separately and review the BOP’s own income trigger, waiting period and maximum payment period. ^4,¹

Sources

16 documents, numbered as cited. Open the sources

Sources for Business Owner’s Policy in Hawaii

1
What Is a Business Owner’s Policy? Spot; What Does a Business Owner’s Policy Cover?; Who Needs a Business Owner’s Policy?; How Do You Compare Coverage and Costs?; What Exclusions and Conditions Should You Check?; How Does It Compare With Related Coverage? Accessed 2026-09-28.
2
Understanding Flood Insurance Coverage as Stormy Weather Continues. Hawaiʻi Department of Commerce and Consumer Affairs, Insurance Division; March 21, 2026 release, updated May 21, 2026: flood coverage separated from homeowners coverage; flooding outside designated high-risk zones; limits and exclusions. Accessed 2026-09-28.
3
Hawaiʻi Hurricane Relief Fund. Hawaiʻi Department of Commerce and Consumer Affairs, Insurance Division; FAQ 2 and 8: AOAO-only master-policy hurricane property; wind-caused hurricane losses; companion all-other-perils and primary hurricane policy; 2% per-building deductible; replacement-cost building and business personal property, excess attachment and $10m minimum primary layer. Accessed 2026-09-28.
4
What You Need to Know About Buying Flood Insurance. Federal Emergency Management Agency, National Flood Insurance Program; Flood insurance policies to fit your life and needs—Business owners; Building and contents coverage; What doesn’t flood insurance cover?; Waiting period. Accessed 2026-09-28.
5
Insurance Division. Hawaiʻi Department of Commerce and Consumer Affairs; Official division homepage; scope, license search, complaints, contact information. Accessed 2026-09-28.
6
Insurance Licenses and Registrations. Hawaiʻi Insurance Division; Insurance license information; links to state-based system for license applications and status. Accessed 2026-09-28.
7
Filing a Complaint. Hawaiʻi Insurance Division; Online complaint form and published consumer phone. Accessed 2026-09-28.
8
Surplus Lines Tax. Hawaiʻi Insurance Division; 4.68% rate and home-state application under HRS § 431:8-315. Accessed 2026-09-28.
9
HRS § 431:16-105: Definitions. Hawaiʻi Legislature; Defines a member insurer as an insurer licensed or holding a certificate of authority in Hawaiʻi; cross-read with HRS § 431:8-102 and § 431:8-301 for unauthorized surplus-lines placements. Accessed 2026-09-28.
10
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
11
Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
12
Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
13
About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
14
Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
15
Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
16
Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Hawaiʻi BOP: Separate Flood and Hurricane Decisions from the Package

What Is Business Owner’s Policy?

What Should You Watch for With Business Owner’s Policy in Hawaii?

Review flood exposure at the exact island address

Do not confuse an association master policy with a BOP

Flood recovery and income protection are different

Which Business Owner’s Policy Providers Have Hawaii License Records?

Corgi

ERGO NEXT Insurance

Hiscox

TechInsurance