The Best Car Insurance in Rhode Island for 2022
The best car insurance companies in Rhode Island balance customer satisfaction, affordability and financial stability. Based on these criteria, MoneyGeek’s findings identified Allstate as the best insurer in the state, tying for first in satisfaction and claims and tying for second in stability.
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Allstate achieved the highest scores on customer service, average cost and financial stability, becoming the best car insurance by MoneyGeek standards. However, what we rated as the best overall might not be what you need. Hence, we modified the factors to show the best option for drivers on a budget, drivers with low mileage and more.
To start, we listed the cheapest car insurance companies in Rhode Island, ignoring customer service reputations.
The Best Car Insurance in Rhode Island
Best Car Insurance Companies in Rhode Island: Overall
MoneyGeek’s ratings were based on a number of factors, including average rates, claims ratings and user satisfaction.
All these combined point us to two top car insurance companies in Rhode Island that have the cheapest rates and satisfactory customer service:
- Allstate: MoneyGeek score of 3.8 of 5
- Travelers: MoneyGeek score of 3.8 of 5
USAA is the best option, getting a score of 4.9 out of 5, but it is only available for military families in the state.
The Top 5 Car Insurance Companies in Rhode Island
Allstate costs roughly $1,895 per year, the cheapest in the state, and tied first for satisfaction and claims. Add-ons include custom parts coverage and portable electronics and media coverage.
Custom parts coverage from Allstate provides coverage for loss of custom equipment which is caused by a comprehensive type loss. On the other hand, portable electronics and media coverage covers all sound-related equipment.Read MoneyGeek's Allstate auto Insurance Review
At around $1,443 per year, Travelers comes second cheapest in the state. It tied in first in stability and tied for second in claims. Buyers can include gap Insurance in their policies.
As a policyholder with gap insurance, you no longer need to pay the difference between the actual cash value of your vehicle and the unpaid balance of an auto loan when your car is deemed a total loss. Additionally, accident forgiveness is included in Travelers’ Responsible Driver PlanSM.Read MoneyGeek's Travelers auto Insurance Review
GEICO can be purchased for around $1,205 per year. It tied for first in stability and satisfaction and tied for second in claims. It includes mechanical breakdown insurance in its coverage.
Mechanical Breakdown Insurance (MBI) extends coverage on all parts and systems as long as your car is less than 15 months old and has been driven for less than 15,000 miles. Additionally, GEICO’s roadside assistance coverage pays for the cost of flat tires, towing, jumpstarts and more.Read MoneyGeek's GEICO auto Insurance Review
Tied in second for satisfaction and tied first in claims, customers can get a policy from Nationwide that costs an average of $2,121. This includes identity theft coverage.
Having identity theft coverage on your policy protects you and your family in case of any identity theft and fraud. This is a rare coverage you can only purchase from a few car insurance providers and one that you should take advantage of. Furthermore, rental car reimbursement saves you time by providing access to a rental car while your car is in the repair shop after a covered accident.Read MoneyGeek's Nationwide auto Insurance Review
Getting the second-highest score on affordability and tying for second on satisfaction, policies from Progressive costs around $1,742 per month. This insurer offers custom parts coverage.
If you are likely to customize your car, find policies that cover for any damages that also cover after-market accessories. Rather than replacing it with a new one, coverage from a policy which you’ll need to get anyway would be worth your money. Additionally, not only does Progressive provide accident forgiveness, but it's also automatically included in their policies for certain accidents in most states.Read MoneyGeek's Progressive auto Insurance Review
Finding the best full coverage car insurance in Rhode Island starts with collecting information from companies for one sample driver. But just looking at the average cost is not enough to identify the best car insurance in the state. We also looked at customer ratings and user satisfaction from J.D. Power and NAIC to complete our analysis.
MoneyGeek's Rhode Island Car Insurance Resources:
Compare the Best Insurance Options in Rhode Island
When shopping for the best insurance in Rhode Island, take the time to look not only at the average cost but investigate the company’s financial stability and customer ratings as well. Additionally, when all these conditions are met, you should also look at the coverages and whether these match your needs as a policyholder. Our in-depth reviews will help you do just that.
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Best Car Insurance in Rhode Island for Customer Service
Many policyholders understand that great customer service makes or breaks the quality of service. For those drivers willing to pay a few more bucks to get good customer service, the following two companies offer the best service independently of price:
- Allstate: MoneyGeek score of 4.5 out of 5
- GEICO: MoneyGeek score of 4.3 out of 5
The Top 2 Car Insurance Companies in Rhode Island for Service Quality
Allstate has a 4.5 out of 5 score both on claims rating and user satisfaction. In general, it receives very low customer complaints.
Allstate has a deductible modification coverage where policyholders can get a $100 discount when they sign up for the Deductible Rewards program and up to a $500 discount each year when they drive safely.Read MoneyGeek's Allstate auto Insurance Review
GEICO has 4.5 out of 5 user satisfaction and 4.0 claims rating score.
For a small cost, you can add rental car reimbursement to the list of coverage you get with GEICO. Rental car reimbursements pay for the rental you use while you wait for your car to be repaired. You can also get accident forgiveness.Read MoneyGeek's GEICO auto Insurance Review
Best Car Insurance in Rhode Island for Drivers on a Budget
If you are on a budget but still need a basic policy, your best option is a state minimum coverage. This will have cheaper rates than a full coverage plan but with fewer protections.
Even if you are trying to save on premiums, you will still be able to find companies that, aside from having the cheapest rates, also have good customer service.
Two of the top companies in Rhode Island that offer this coverage are:
- Allstate: 4.0 out of 5
- GEICO: 3.8 out of 5
MoneyGeek’s Pick: Allstate
Affordable minimum coverage policy at around $1,015 per year
Discounts on safe driving and anti-theft systems
MoneyGeek claims rating of 4.5 out of 5
MoneyGeek user satisfaction score of 4.5 out of 5
Does not offer discounts on multiple cars and defensive driving
Allstate offers discounts on safe driving where you can save just by meeting the safe driving requirements as well as on bundling when you also get life insurance or insurance for your home and other properties from the same company.
Not-so-common discounts that you can get from Allstate are an early signing bonus and automatic payments. These two allow you to save just by signing up seven days before the policy takes effect or when you set up an automated EZ pay plan.
Best Car Insurance in Rhode Island for Poor Driving Records
Not all insurance companies are able to offer rates with lowered fees for drivers with bad driving records. If you have an at-fault accident in your record, you need to find the best car insurance companies in Rhode Island that are able to offer you cheaper rates.
Aside from being affordable even after an accident record, these companies also have customer service that is up to par:
- Travelers: 4 out of 5
- Allstate: 3.8 out of 5
MoneyGeek’s Pick: Travelers
Affordable full coverage policy at roughly $1,508 per year
MoneyGeek claims rating of 4 out of 5
Offer roadside assistance, rental car and/or travel reimbursement, accident forgiveness and new car replacement
MoneyGeek user satisfaction score of 3.5 out of 5
No better car replacement coverage
Save on premiums even after an accident record when you buy a policy from Travelers. For $1,508 per year, you can get a list of coverage from a company with a claims rating score of 4 out of 5.
- Roadside Assistance: Get assistance when you encounter problems such as flat tires, jump starts and lockouts.
- Rental car reimbursement: When you need a rental car while your car is being repaired, all expenses will be reimbursed.
- Accident Forgiveness: You won’t see your premiums go up when you’ve been in an accident for the first time if you have this particular coverage.
- New Car Replacement: This coverage replaces your car with the same make and model if you total it within the first five years.
Best Car Insurance in Rhode Island for a Military Background
The best car insurance in Rhode Island for families with military backgrounds are the ones offered by USAA. With a total score of 4.9 out of 5, USAA ranks as the best, if not one of the best options not only on affordability but also on claims ratings and user satisfaction.
A state minimum car insurance from USAA costs an average of $439 per year, while military members who want a full coverage policy will pay roughly $899 annually.
MoneyGeek’s Pick: USAA
An affordable full coverage policy for drivers with an at-fault accident costs around $1,294 per year
Claims rating score of 5 out of 5
User satisfaction of 5 out of 5
Rental car travel reimbursement coverage
Vehicle storage discount
Only military families are eligible
USAA has some of the cheapest policies available in the state. Some of their features include:
- Accident Forgiveness: If you remain accident-free for five years, USAA can waive any additional cost on your premiums.
- Rideshare Insurance: Some companies with rideshare insurance have gaps during a rideshare request where you are not covered. Getting a USAA policy offers you the gap coverage.
- Loyalty: USAA provides you with a discount if you remain a loyal customer.
- Mileage: You can also get discounts based on how much you drive in a year.
Best Car Insurance in Rhode Island for Young Drivers and Students
Car insurance companies look at a driver’s risk when pricing their policies. Student drivers and young drivers tend to have higher rates due to their risk profiles. To show you which companies offer the cheapest rates, we scored the best car insurance companies in Rhode Island based on the cost of policies for young drivers that also have good customer service.
The two companies for young drivers and student drivers that balances affordability and good customer service are:
- Allstate: MoneyGeek score of 4 out 5
- Nationwide: MoneyGeek score of 3.3 out 5
MoneyGeek’s Pick: Allstate
Affordable policy for adding a young driver at around $3,759 per year
Claims rating of 4.5 out of 5
User satisfaction rating of 4.5 out of 5
Good student, distant student and driver’s education discounts
Custom parts coverage has an additional cost
Car insurance companies often charge high premiums for student drivers. Allstate, however, is able to offer affordable policies and even create discounts to help student drivers save on their premiums.
If you are a student driver, know that there are discounts that you can take advantage of just by getting good academic grades or after you are able to complete an accredited driving course. Additionally, you can also get discounts if you go to a school that is 100 miles away from your house.
Best Car Insurance in Rhode Island for Those With New Cars
When you’ve just bought a brand new car, you should be looking for car insurance policies that have one or both of the coverages created specifically for new car owners.
The first is new car replacement coverage, which replaces your damaged car with a brand new one of the same car make and model. This coverage can be accessed when the car totaled is within three to five years of age. The other, which is usually rare in most policies, is a better car replacement feature, giving you a better car of recent model.
Allstate is the best choice of car insurance in Rhode Island if you are looking for this type of coverage. While you may pay more in premiums to get this coverage, it is totally worth the price. house.
MoneyGeek’s Pick: Allstate
Affordable policy with an average cost of $1,895 per year
Claims rating score of 4.5 out of 5
Satisfaction score of 4.5 out of 5
New car replacement
Does not offer better car replacement coverage to its customers
Allstate is one of the top car insurance companies in Rhode Island that offer great deals for drivers with a new car. Usually, car insurance companies only offer to pay the depreciated value if your car is totaled within the first year. With that in mind, you know that a small additional amount on your premiums paid to a policy is a cheaper alternative to paying on damages.
New car replacement coverage from Allstate offers to replace your car with a new one with the same car make and model. Your vehicle should be a current model year or one year prior to be eligible for this coverage.
Best Car Insurance in Rhode Island for Low-Mileage Drivers
Rather than getting a full coverage policy, drivers who don’t use their car very often should get pay-per-mile car insurance coverage. The Nationwide SmartMiles is the best option available in Rhode Island for low-mileage drivers.
MoneyGeek’s Pick: Nationwide
Nationwide SmartMiles Program offers affordable coverage
Rewards low mileage and safe drivers
Not advisable to drivers who travel regularly or those who ride in congested traffic
Nationwide has a MoneyGeek claims rating of 4.5 out of 5 and a user satisfaction of 4 out of 5. Getting this particular pay-per-mile program from a company that has a good customer rating ensures that you’re not only getting the best rates, you’re also getting great value on customer service.
The way SmartMiles car insurance rates work is they calculate a base rate, which depends on the driver’s profile, then add a variable rate, which depends on the mileage. Know that the SmartMiles program also has a behavior element, giving drivers a 10% discount for safe driving.
How to Find the Best Car Insurance in Rhode Island in For You
For an insurance company to be considered good, it should be able to provide great customer service and sell policies at a decent cost while having the stability to fulfill its financial obligations. We analyzed these costs to stand as a helpful guide in your own search for the best car insurance that suits your profile and needs. However, you can complete this process on your own as well.
Research Customer Service Reputations in Rhode Island
Satisfaction and claims ratings from J.D. and NAIC heavily informed our research and scoring system. You can also visit their websites to do further investigation on their reports. The Department of Business Regulation in Rhode Island also created a helpful guide for auto insurance worth checking.
Compare Quotes for Yourself
Our findings were based on one sample driver from most locations in Rhode Island, but not all cities. Compare quotes from at least three insurance companies to have an idea of the average rates available in your area.
Make Sure the Company Has Coverages You Want in Rhode Island
Don’t purchase a policy on a whim, no matter how cheap or how impressive the coverages included in the policy are. Remember, the best policy is the one that has the coverage you need.
Double-Check Financial Stability Ratings
After covering all the bases of your policy, make sure to check the company’s ability to pay your claims. The company you choose should be able to protect your own financial stability by insuring their policyholder’s risk.
FAQs About the Best Car Insurance in Rhode Island
What is best for you depends on what you’re looking for in car insurance. Take a look at these common questions about the top car insurance in Rhode Island.
With the help of Quadrant Information Services, we used our sample drive, a 40-year-old with a clean driving record getting a full coverage insurance policy with a $1000 deductible, to gather quotes from several companies. Data on customer satisfaction, claim satisfaction and financial strength were gathered from the industry-leading evaluations from J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC). Meanwhile, the list of coverages and discounts were taken from each company’s website and quote tools.
MoneyGeek was able to create a scoring system to evaluate this data in order to determine the best option in Rhode Island. See our methodology to know more about our sample driver and how we interpret the data we collected.
About the Author
- The Department of Business Regulation. Dbr.ri.gov.. "Consumers Guide to Auto Insurance." Accessed September 27, 2021.