AAA’s Hawaiian division announced today that J.P. Schmidt, the state insurance commissioner, has approved its plan to decrease auto insurance rates by an average of 10%, or about $120/year.

In an announcement to the press, Liane Sumida, AAA Hawaii Insurance Business Manager said, “We appreciate the approval and work by Insurance Commissioner Jeffrey P. Schmidt and his staff. This reduction is helping to fulfill our ongoing commitment to offer our members the best insurance at the best possible price.”

Commissioner Schmidt also weighed in, stating, “The Insurance Division carefully reviewed the rate filing and we are happy to approve this discount for our drivers. AAA Hawaii has been a good competitor in the auto insurance market, which benefits all of Hawaii’s consumers.”

In addition to reduced rates, AAA Hawaii members, who are served by AAA Hawaii’s affiliated insurance company, the Interinsurance Exchange of the Automobile Club, may also be eligible for multiple vehicle, safe driver, and multiple policy discounts, among others, explained Sumida.