Here's a link from PunaWeb I want to save regarding insurance in Lava Zone 1 & 2. One of the members found some pretty good saving with Mutual Underwriters.
Also a comment from the agent
I helped puna residents collectively save about $150,000 in premium over the past 5 months.
I am offering a homeowners policy that does not surcharge for lava zone 2. Rates are comparable to zone 3 and higher with great hurricane rates as well. The main restriction for placing coverage with this insurer is that a fire station must be within 5 miles of the home and the home must be owner occupied. A volunteer station like the one in Hawaiian Beaches is acceptable. Spending time expanding volunteer stations to Kapoho/Kalapana would be very worthwhile.
For zone 2 rentals and homes farther than 5 miles from a fire station we have rates that are much better than HPIA. There is rarely a reason to stay with HPIA if you are in zone 2. Unfortunatlry Zone 1 is still stuck with HPIA with higher value homes going to LLoyds of London. Give me a call or send me an email for quotes.
Dan De Soto
275 Ponahawai St., Ste#105
Hilo, HI 96720