Hawaii Revised Statutes 431:10C-604 – Issuance of certificate of self-insurance

The commissioner shall issue a certificate of self-insurance if:

(1) The applicant has provided the bond, cash, or securities and proof of qualification as a self-insurer affording security substantially equivalent to that afforded under a motor vehicle insurance policy; and

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Terms Used In Hawaii Revised Statutes 431:10C-604

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

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

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Hawaii Revised Statutes 431:10C-604 – Issuance of certificate of self-insurance

Terms Used In Hawaii Revised Statutes 431:10C-604

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