HI HB1898

Requires insurance companies to consider the traction battery pack's remaining life and capacity as equally or more important than mileage when valuing electric vehicles for total loss claims.

Mandates insurers include shipping costs and the insured's travel expenses for pre-purchase inspection when replacement vehicles are not available on the same island as the total loss vehicle.

Applies the same shipping and travel cost requirements to cash settlement offers when comparable vehicles are sourced from different islands.

Takes effect upon approval and does not affect rights, duties, or proceedings that occurred before the bill's effective date.