The purchase is done and you're moving into your new home! What needs to be done?
It depends... Are you moving into a house, townhome or condo? Most houses do not include any utilities and you'll need to contact the respective companies for service. Some townhomes and condos include basic cable tv in the maintenance fee. If you're okay with basic cable you don't need to add that feature. Some condos include electricity and gas too. Check with Mike if you're not sure what utilities are included with the property.
Most Hawaii condos and townhomes include insurance for the building and common areas in their maintenance fees. Insuring the interior of a residence and its contents is the buyer's responsibility.
Single family homes in Hawaii generally have no coverage until the buyer obtains it. Your lender may have made insurance a condition of the loan and include a policy premium in an "impound account" - so that the premium is paid as part of your monthly loan. Check with your lender for details.
Hurricane insurance is required by many lenders. The annual premium for a 3 bedroom, 2 bath house is around $1,000 per year. Certain subdivisions, such as Waikele and Ewa by Gentry include hurricane insurance in their monthly association fees. This can be good for homeowners since the associations can generally negotiate a lower rate for all owners, rather than each homeowner obtaining hurricane insurance on his own.
Note: Hawaii has experienced two hurricanes in recent memory. Hurricane Iwa visited in 1982 and Hurricane Iniki arrived in 1992. Both hurricanes did some damage to Oahu but Kauai was hit the worst.