Hawaii does not require every business to buy the same policies. Most employers with one or more employees fall under workers’ compensation requirements and may also owe TDI, subject to statutory rules and exclusions. Vehicle ownership, contractor licensing, leases, loans, and client contracts create additional requirements.
FAQ_category: (HIDDEN) Industry FAQs
No. House Bill 837 narrowed some claims and shortened filing deadlines. Lawsuits still happen, and defending one is expensive even when you win. Liability insurance in Florida remains the backbone of small business protection.
No. General liability covers injuries and damage you cause to others. Storm damage to your own property falls under commercial property coverage, subject to your hurricane deductible. Flood damage requires separate flood insurance.
Forming an LLC does not change insurance requirements. LLC members count toward workers’ compensation thresholds unless exempt. An LLC helps shield personal assets, but insurance is what protects the business itself.
Four or more for most businesses. Construction businesses need coverage with one employee. Agricultural businesses need it with six regular employees or twelve qualifying seasonal workers.