First Insurance says it is cutting rates by up to 30%
First Insurance Co. said it has lowered its rates for personal auto insurance by as much as 30 percent effective July 1.
The rate decrease also applies to the company’s premier First Select Portfolio, which combines homeowners and personal auto insurance, the company said in a news release.
First Insurance is the oldest and largest property and casualty insurer headquartered in Hawaii, with assets totaling more than $602 million and liabilities of $404 million as of March 31, the company said.
