Hawaii Revised Statutes 431:10C-105 – Self-insurance

(a) The motor vehicle insurance required by § 431:10C-104 may be satisfied by any owner of a motor vehicle if:

Terms Used In Hawaii Revised Statutes 431:10C-105

Injury: means accidental harm not resulting in death. See Hawaii Revised Statutes 431:10C-103
Motor vehicle: means any vehicle of a type required to be registered under chapter 286, including a trailer attached to such a vehicle, but not including motorcycles and motor scooters. See Hawaii Revised Statutes 431:10C-103
Motor vehicle insurance policy: means an insurance policy that meets the requirements of § 431:10C-301. See Hawaii Revised Statutes 431:10C-103
Owner: means a person who holds the legal title to a motor vehicle; except that in the case of a motor vehicle which is the subject of a security agreement or lease with a term of not less than one year with the debtor or lessee having the right to possession, such term means the debtor or lessee. See Hawaii Revised Statutes 431:10C-103
Person: means , when appropriate to the context, not only individuals, but corporations, firms, associations, and societies. See Hawaii Revised Statutes 431:10C-103

(1) The owner meets the requirements of part VI of this article; and

(2) The commissioner is satisfied that in case of injury, death, or property damage, any claimant would have the same rights against the owner as the claimant would have had if a motor vehicle insurance policy had been applicable to the vehicle.

(b) A person desiring to qualify as a self-insurer shall apply to the commissioner on a form or in a format approved by the commissioner pursuant to rules.

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Hawaii Revised Statutes 431:10C-105 – Self-insurance

Terms Used In Hawaii Revised Statutes 431:10C-105

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