Your HSTA Membership Services Committee has partnered with Island Insurance for your home and auto insurance needs, but a number of our HSTA members and retirees are current Farmers Insurance Hawaii policyholders from our previous partnership with Farmers. Therefore, we wanted to inform you that each Farmer’s policy is being transferred from Farmers Insurance Hawaii, Inc. (FIHI) underwriting company to 21st Century Insurance Company (21CI).
We have spoken with Farmers Insurance and they have assured us that:
1) No changes were made to HSTA members’ existing rates, coverage or benefits for a one-year period following notification. Note, this one year period is based on the individual policyholder’s renewal cycle, so there is not one specific end date. Members can continue to renew their policies and receive the same benefits and coverage that they’ve selected. Farmers Hawaii is NOT cancelling these policies due to this change.
2) After the one-year period, HSTA members who are existing Farmers Hawaii policyholders should continue to experience minimal impact on their rates. However, as with all insurance companies, there are occasional rate changes and members could see rate increases or decreases based on these typical factors that may affect their policy (e.g., claims, adding a new car or driver, change in life event, etc.).
Please make sure you open your next policy renewal packet and read the cover letter in its entirety. Enclosed in the packet are important materials regarding Uninsured and Underinsured Motorists coverage limits and the AutoPay payment plan. Please take the time to carefully review the information provided. If you have any questions, please contact Farmers Insurance Hawaii at 1-808-FARMERS (1-808-327-6377).