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Bill

SB 804

RELATING TO INSURANCE FOR HAWAII CONDOMINIUM PROPERTIES.

2026 Regular Session Introduced by Stanley Chang and 8 co-sponsors

Hawaii bill modifying condominium property insurance requirements to address coverage gaps and resident protections amid state insurance market constraints.

Carried over to 2026 Regular Session.
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Bill Summary · SB 804

Legislative bill overview

SB 804 addresses insurance requirements and protections for Hawaii condominium properties, though the specific provisions are not detailed in the provided legislative actions. The bill has passed initial readings in the Senate and been referred to House committees for Consumer Protection, Judiciary, and Finance review. It was carried over to the 2026 session, indicating it did not reach final passage in 2025.

Why is this important

Condominium insurance is a critical issue in Hawaii, where high property values, natural disaster risks (hurricanes, earthquakes), and aging building stock create substantial financial exposure for unit owners and associations. Clarifying or modifying insurance requirements affects both condo association budgets and individual homeowner protections, potentially influencing housing affordability and property security across the state.

Potential points of contention

  • Coverage mandates vs. cost burden: Expanded insurance requirements may increase association fees and special assessments, impacting affordability for residents, particularly retirees and lower-income owners
  • Insurer availability and affordability: Hawaii faces a limited insurance market; new requirements could strain availability or increase premiums if insurers exit the state market
  • Deductible and liability allocation: Disputes may arise over how costs are shared between associations, unit owners, and insurers for major losses or disasters

Compiled from official sources — confirm details with the bill’s official record.

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