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The cheapest minimum coverage auto insurance in Rhode Island is provided by Amica Mutual. State Farm also offers the cheapest rates in Rhode Island for certain types of drivers.

Review MoneyGeek's rankings for the best car insurance companies in Rhode Island to find a company that balances affordability and quality service.

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2023

Table of Contents

Cheapest Minimum Liability Car Insurance in Rhode Island (September 2023)

Based on MoneyGeek’s analysis, the cheapest car insurance companies in Rhode Island for a minimum coverage policy are:

  • Amica Mutual: $422 per year
  • State Farm: $479 per year

With an average yearly premium of $1,151, GEICO is the most expensive auto insurance provider in the state for minimum coverage.

Only property damage liability (PDL) and bodily insurance liability (BIL) are included in the state minimum requirements for auto insurance.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$482

$40

State Farm

$495

$41

Travelers

$506

$42

Travelers

$530

$44

Travelers

$565

$47

Amica Mutual

$580

$48

State Farm

$586

$49

American Family

$625

$52

American Family

$628

$52

Progressive

$686

$57

Progressive

$820

$68

Allstate

$832

$69

Progressive

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Nationwide

$887

$74

Amica Mutual

$888

$74

Amica Mutual

$964

$80

Allstate

$967

$81

State Farm

$973

$81

State Farm

$989

$82

Travelers

$1,081

$90

GEICO

$1,085

$90

American Family

$1,088

$91

Travelers

$1,099

$92

Nationwide

$1,112

$93

Travelers

$1,119

$93

GEICO

$1,151

$96

Amica Mutual

$1,194

$99

State Farm

$1,198

$100

GEICO

$1,216

$101

Nationwide

$1,256

$105

American Family

$1,281

$107

Nationwide

$1,317

$110

Progressive

$1,396

$116

Allstate

$1,425

$119

American Family

$1,447

$121

Allstate

$1,542

$128

Allstate

$1,606

$134

Progressive

$1,609

$134

Nationwide

$1,618

$135

Progressive

$1,804

$150

GEICO

$1,957

$163

GEICO

$2,057

$171

GEICO

$2,185

$182

A minimum coverage policy only pays for damages that you inflict on others’ vehicles, not your own. If you want broader protection that covers damages to your own car, purchase a full coverage policy that includes comprehensive and collision insurance.

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Cheapest Full Coverage Car Insurance in Rhode Island (September 2023)

In Rhode Island, these companies offer the cheapest full coverage car insurance:

  • Amica Mutual: $888 per year
  • State Farm: $973 per year

In Rhode Island, GEICO charges around $2,057 annually, making it the most expensive insurer in the state for full coverage auto insurance.

Your annual rate may go up if you add comprehensive and collision insurance to your motor policy. For instance, Amica Mutual charges $466 more for full coverage than for minimum coverage.

If you need to make a claim, full coverage auto insurance provides more financial protection. It covers losses resulting from off-road occurrences as well as on-road collisions.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$482

$40

State Farm

$495

$41

Travelers

$506

$42

Travelers

$530

$44

Travelers

$565

$47

Amica Mutual

$580

$48

State Farm

$586

$49

American Family

$625

$52

American Family

$628

$52

Progressive

$686

$57

Progressive

$820

$68

Allstate

$832

$69

Progressive

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Nationwide

$887

$74

Amica Mutual

$888

$74

Amica Mutual

$964

$80

Allstate

$967

$81

State Farm

$973

$81

State Farm

$989

$82

Travelers

$1,081

$90

GEICO

$1,085

$90

American Family

$1,088

$91

Travelers

$1,099

$92

Nationwide

$1,112

$93

Travelers

$1,119

$93

GEICO

$1,151

$96

Amica Mutual

$1,194

$99

State Farm

$1,198

$100

GEICO

$1,216

$101

Nationwide

$1,256

$105

American Family

$1,281

$107

Nationwide

$1,317

$110

Progressive

$1,396

$116

Allstate

$1,425

$119

American Family

$1,447

$121

Allstate

$1,542

$128

Allstate

$1,606

$134

Progressive

$1,609

$134

Nationwide

$1,618

$135

Progressive

$1,804

$150

GEICO

$1,957

$163

GEICO

$2,057

$171

GEICO

$2,185

$182

Car insurance rates are considerably impacted by how much car insurance you need. MoneyGeek’s sample full coverage policy includes the following limits:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident

You can lower your insurance costs by lowering your liability limits, dropping comprehensive and collision insurance or increasing your deductible. If you opt for less coverage, you may pay more out of pocket if you get into an accident.

How to Compare Cheap Rhode Island Car Insurance Quotes Online

Car insurance providers usually offer online quotes, but it can take up to 15 minutes to provide the required personal information. Repeating this process for multiple providers will allow you to compare rates, but that time adds up.

Instead of requiring you to give personal information to multiple insurers, MoneyGeek provided a car insurance calculator to help you get a quote fast. To get started, choose your age, gender and driving history from the options below.

Auto Insurance Calculator

See how the Average Annual Auto Insurance Rates vary with the options chosen.

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State Farm

Cheapest Car Insurance in Rhode Island by Age (September 2023)

Age is one of the biggest factors affecting car insurance rates in Rhode Island. MoneyGeek found that State Farm and Amica Mutual offer the cheapest options on average, depending on what age group you and your family belong to.

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CHEAPEST CAR INSURANCE COMPANIES BY AGE

Cheapest for teens: State Farm
Cheapest for young adults: Amica Mutual
Cheapest for seniors: State Farm

Cheapest Car Insurance in Rhode Island for Teens and Their Families (September 2023)

In Rhode Island, the following companies generally provide teen drivers on a parent's policy with the most affordable car insurance:

  • State Farm: $2,187 per year for male teens and $1,592 per year for female teens
  • Nationwide: $2,982 per year for male teens and $2,577 per year for female teens

Teenagers are subject to the highest rates from Progressive, which average $4,861 for males and $4,415 for females.

These premiums apply to a 16-year-old who is covered by their parent's policy. The addition of a teen to your coverage costs significantly less than purchasing a separate policy for them.

If a 16-year-old Rhode Island resident purchases their own policy, they may spend $10,026 per year compared with $3,432 if their parents add them to an existing policy. That’s a whopping difference of $6,594.

Company
Family Plan Annual Premium
Individual Plan Annual Premium

Travelers

$679

$2,181

Travelers

$715

$1,647

Travelers

$817

$4,950

State Farm

$843

$884

GEICO

$843

$1,840

State Farm

$931

$977

Travelers

$960

$1,160

State Farm

$979

$1,027

GEICO

$1,020

$2,225

State Farm

$1,027

$1,077

GEICO

$1,042

$2,274

Travelers

$1,105

$1,066

State Farm

$1,117

$1,318

GEICO

$1,126

$1,835

State Farm

$1,142

$1,198

Travelers

$1,151

$6,973

State Farm

$1,152

$1,209

State Farm

$1,200

$1,416

Travelers

$1,205

$7,534

Travelers

$1,218

$1,472

State Farm

$1,265

$1,327

Travelers

$1,327

$1,280

State Farm

$1,335

$1,631

Travelers

$1,336

$1,615

State Farm

$1,363

$1,608

GEICO

$1,365

$2,225

GEICO

$1,395

$2,274

State Farm

$1,399

$1,468

Travelers

$1,412

$1,362

Travelers

$1,437

$4,618

State Farm

$1,443

$1,860

Nationwide

$1,482

$2,530

Nationwide

$1,493

$2,005

Nationwide

$1,498

$1,837

Travelers

$1,502

$3,461

State Farm

$1,508

$1,842

Nationwide

$1,522

$2,947

GEICO

$1,534

$3,347

State Farm

$1,553

$2,003

Travelers

$1,564

$3,605

Travelers

$1,564

$5,027

Travelers

$1,564

$1,509

Travelers

$1,564

$1,890

State Farm

$1,592

$2,053

GEICO

$1,671

$3,379

GEICO

$1,671

$3,379

Nationwide

$1,691

$2,074

State Farm

$1,723

$2,106

State Farm

$1,739

$2,417

Travelers

$1,771

$11,078

Nationwide

$1,777

$2,386

Nationwide

$1,805

$2,215

Nationwide

$1,896

$2,546

State Farm

$1,910

$2,655

Nationwide

$1,922

$2,358

Allstate

$1,927

$1,647

Progressive

$1,946

$1,806

Allstate

$1,991

$1,642

Progressive

$1,995

$1,829

Nationwide

$2,033

$2,730

GEICO

$2,054

$3,347

Allstate

$2,058

$1,758

Nationwide

$2,119

$3,616

State Farm

$2,187

$3,040

GEICO

$2,200

$4,448

GEICO

$2,200

$4,448

Allstate

$2,312

$1,976

GEICO

$2,313

$6,472

GEICO

$2,313

$6,472

Progressive

$2,315

$2,121

Nationwide

$2,327

$4,507

Allstate

$2,337

$2,320

Allstate

$2,349

$1,938

Progressive

$2,366

$2,196

Nationwide

$2,390

$4,080

Nationwide

$2,413

$4,983

Nationwide

$2,413

$4,983

Progressive

$2,458

$2,915

GEICO

$2,477

$6,932

GEICO

$2,477

$6,932

Allstate

$2,526

$3,137

Progressive

$2,535

$2,323

Nationwide

$2,577

$5,322

Allstate

$2,579

$2,203

Allstate

$2,622

$2,603

Progressive

$2,636

$3,156

Progressive

$2,642

$2,452

GEICO

$2,643

$5,345

GEICO

$2,643

$5,345

Progressive

$2,675

$3,173

Allstate

$2,694

$2,221

Allstate

$2,740

$2,721

Allstate

$2,757

$2,756

Nationwide

$2,762

$5,350

Allstate

$2,774

$3,445

Nationwide

$2,788

$6,452

Nationwide

$2,788

$6,452

Allstate

$2,881

$3,578

Travelers

$2,927

$17,741

Progressive

$2,929

$2,684

Allstate

$2,967

$2,447

Nationwide

$2,982

$6,901

Allstate

$2,985

$3,656

Progressive

$2,998

$2,782

Progressive

$3,002

$3,560

Progressive

$3,027

$3,624

Allstate

$3,086

$3,085

GEICO

$3,200

$8,954

GEICO

$3,200

$8,954

Allstate

$3,229

$3,228

Allstate

$3,273

$4,008

Progressive

$3,347

$8,494

Progressive

$3,376

$4,042

Allstate

$3,412

$4,177

Progressive

$3,732

$9,498

Travelers

$3,951

$24,712

Progressive

$4,019

$10,199

Progressive

$4,415

$11,202

Progressive

$4,420

$11,249

Progressive

$4,861

$12,370

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MONEYGEEK EXPERT TIP

On average, car insurance rates for male teens tend to be significantly more expensive than for female teens. This rate difference is not as notable when drivers reach their 20s and beyond.

Distant students and students with outstanding grades are both eligible for discounts from the majority of these insurers, including State Farm, Allstate, Travelers and Progressive. GEICO and Nationwide only offer good student discounts for this demographic.

Cheapest Car Insurance in Rhode Island for Young Adults (September 2023)

In Rhode Island, the following companies offer the most affordable car insurance for drivers in their 20s:

  • Amica Mutual: $964 per year
  • Travelers: $1,119 per year

With an average annual premium cost of $2,185, GEICO is the most expensive car insurance policy in the state for young adult drivers.

Typically drivers in their 20s will pay more for car insurance than middle-aged drivers. In Rhode Island, a 25-year-old will pay approximately $76 more for auto insurance than a 40-year-old driver.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$482

$40

State Farm

$495

$41

Travelers

$506

$42

Travelers

$530

$44

Travelers

$565

$47

Amica Mutual

$580

$48

State Farm

$586

$49

American Family

$625

$52

American Family

$628

$52

Progressive

$686

$57

Progressive

$820

$68

Allstate

$832

$69

Progressive

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Nationwide

$887

$74

Amica Mutual

$888

$74

Amica Mutual

$964

$80

Allstate

$967

$81

State Farm

$973

$81

State Farm

$989

$82

Travelers

$1,081

$90

GEICO

$1,085

$90

American Family

$1,088

$91

Travelers

$1,099

$92

Nationwide

$1,112

$93

Travelers

$1,119

$93

GEICO

$1,151

$96

Amica Mutual

$1,194

$99

State Farm

$1,198

$100

GEICO

$1,216

$101

Nationwide

$1,256

$105

American Family

$1,281

$107

Nationwide

$1,317

$110

Progressive

$1,396

$116

Allstate

$1,425

$119

American Family

$1,447

$121

Allstate

$1,542

$128

Allstate

$1,606

$134

Progressive

$1,609

$134

Nationwide

$1,618

$135

Progressive

$1,804

$150

GEICO

$1,957

$163

GEICO

$2,057

$171

GEICO

$2,185

$182

Cheapest Car Insurance in Rhode Island for Seniors (September 2023)

MoneyGeek found that the following companies are the cheapest car insurance providers in Rhode Island for seniors:

  • State Farm: $989 per year
  • Travelers: $1,099 per year

The most expensive auto insurance for seniors is offered by GEICO at about $1,957 annually.

Senior drivers tend to pay more for car insurance than middle-aged drivers. In Rhode Island, 65-year-old drivers will pay approximately $16 more per year than a 40-year-old driver. As drivers approach their 70s and 80s, rates frequently rise.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$482

$40

State Farm

$495

$41

Travelers

$506

$42

Travelers

$530

$44

Travelers

$565

$47

Amica Mutual

$580

$48

State Farm

$586

$49

American Family

$625

$52

American Family

$628

$52

Progressive

$686

$57

Progressive

$820

$68

Allstate

$832

$69

Progressive

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Nationwide

$887

$74

Amica Mutual

$888

$74

Amica Mutual

$964

$80

Allstate

$967

$81

State Farm

$973

$81

State Farm

$989

$82

Travelers

$1,081

$90

GEICO

$1,085

$90

American Family

$1,088

$91

Travelers

$1,099

$92

Nationwide

$1,112

$93

Travelers

$1,119

$93

GEICO

$1,151

$96

Amica Mutual

$1,194

$99

State Farm

$1,198

$100

GEICO

$1,216

$101

Nationwide

$1,256

$105

American Family

$1,281

$107

Nationwide

$1,317

$110

Progressive

$1,396

$116

Allstate

$1,425

$119

American Family

$1,447

$121

Allstate

$1,542

$128

Allstate

$1,606

$134

Progressive

$1,609

$134

Nationwide

$1,618

$135

Progressive

$1,804

$150

GEICO

$1,957

$163

GEICO

$2,057

$171

GEICO

$2,185

$182

Seniors in Rhode Island can receive discounts from Allstate, GEICO and American Family. The easiest way to obtain affordable, competitive coverage is to compare providers because age is just one of several factors that insurers use to calculate your rates.

Cheapest Car Insurance for Higher Risk Drivers (September 2023)

In Rhode Island, State Farm has the lowest rates for drivers with tickets and DUIs on their records, while Amica Mutual offers the cheapest policy for those with at-fault accidents. Auto insurance companies frequently impose higher premiums on drivers who have a history of traffic infractions.

It is possible to improve your profile over time and get better rates by enrolling in state-approved driving courses and routinely checking your record for mistakes.

CHEAPEST CAR INSURANCE COMPANIES FOR HIGHER RISK DRIVERS

Cheapest after a ticket: State Farm ($973 per year)
Cheapest after an accident: Amica Mutual ($888 per year)
Cheapest after a DUI: State Farm ($973 per year)
Cheapest for poor credit: Amica Mutual ($1,351 per year)
Cheapest for sports cars: American Family ($1,180 per year)

Cheapest Car Insurance in Rhode Island After a Ticket

For drivers in Rhode Island who have received a speeding ticket, the following auto insurance providers offer the most affordable full coverage policies:

  • State Farm: $973 per year
  • Amica Mutual: $1,184 per year

At $3,062 per year, GEICO is the most expensive provider in the state for this type of offender. After receiving a speeding ticket, you can experience an increase in car insurance rates of $416 in Rhode Island.

Company
Annual Premium
Monthly Premium

State Farm

$479

$40

State Farm

$495

$41

Amica Mutual

$564

$47

State Farm

$586

$49

Amica Mutual

$600

$50

Travelers

$617

$51

Travelers

$670

$56

American Family

$730

$61

Amica Mutual

$762

$64

Travelers

$769

$64

American Family

$959

$80

American Family

$963

$80

Progressive

$967

$81

State Farm

$973

$81

State Farm

$989

$82

Nationwide

$1,040

$87

Nationwide

$1,058

$88

Allstate

$1,080

$90

Allstate

$1,094

$91

Progressive

$1,146

$95

Progressive

$1,149

$96

Amica Mutual

$1,184

$99

State Farm

$1,198

$100

Allstate

$1,204

$100

Amica Mutual

$1,259

$105

Nationwide

$1,283

$107

Travelers

$1,300

$108

Travelers

$1,329

$111

Travelers

$1,420

$118

Nationwide

$1,504

$125

Nationwide

$1,561

$130

Amica Mutual

$1,566

$131

American Family

$1,670

$139

GEICO

$1,709

$142

GEICO

$1,709

$142

Allstate

$1,775

$148

Nationwide

$1,857

$155

Allstate

$1,883

$157

GEICO

$1,917

$160

Allstate

$1,946

$162

American Family

$1,998

$167

Progressive

$2,029

$169

American Family

$2,277

$190

Progressive

$2,296

$191

Progressive

$2,467

$206

GEICO

$3,062

$255

GEICO

$3,062

$255

GEICO

$3,419

$285

Cheapest Car Insurance in Rhode Island After an Accident

The cheapest full coverage car insurance policy providers in Rhode Island for drivers with an at-fault collision on their records are:

  • Amica Mutual: $888 per year
  • State Farm: $973 per year

GEICO has the most expensive annual premium at $2,185 for drivers with an at-fault accident. On average, having an at-fault accident on your driving record will increase your annual car insurance premium by $47 in Rhode Island.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$487

$41

State Farm

$495

$41

Amica Mutual

$580

$48

State Farm

$586

$49

Travelers

$606

$51

American Family

$625

$52

American Family

$628

$52

Travelers

$633

$53

Travelers

$690

$58

Progressive

$724

$60

Allstate

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Progressive

$863

$72

Progressive

$886

$74

Nationwide

$887

$74

Amica Mutual

$888

$74

Amica Mutual

$964

$80

Allstate

$967

$81

State Farm

$973

$81

State Farm

$989

$82

American Family

$1,083

$90

Nationwide

$1,112

$93

Amica Mutual

$1,194

$99

State Farm

$1,198

$100

GEICO

$1,211

$101

GEICO

$1,211

$101

Travelers

$1,227

$102

Travelers

$1,256

$105

Nationwide

$1,256

$105

Travelers

$1,271

$106

American Family

$1,281

$107

Nationwide

$1,317

$110

GEICO

$1,359

$113

Allstate

$1,434

$120

American Family

$1,447

$121

Progressive

$1,497

$125

Allstate

$1,542

$128

Allstate

$1,606

$134

Nationwide

$1,618

$135

Progressive

$1,700

$142

Progressive

$1,905

$159

GEICO

$2,185

$182

GEICO

$2,185

$182

GEICO

$2,442

$203

Cheapest Car Insurance in Rhode Island After a DUI

The cheapest options for full coverage auto insurance in Rhode Island if you have a DUI on your record are:

  • State Farm: $973 per year
  • Travelers: $1,508 per year

GEICO charges about $6,154 annually for drivers with a DUI, making it the most expensive provider. In Rhode Island, a DUI typically results in a $1,214 increase in your annual premium.

Company
Annual Premium
Monthly Premium

State Farm

$479

$40

State Farm

$495

$41

State Farm

$586

$49

American Family

$730

$61

Travelers

$740

$62

Travelers

$783

$65

Progressive

$854

$71

Travelers

$950

$79

American Family

$959

$80

American Family

$963

$80

State Farm

$973

$81

State Farm

$989

$82

Progressive

$1,029

$86

Progressive

$1,033

$86

State Farm

$1,198

$100

Allstate

$1,346

$112

Allstate

$1,361

$113

Allstate

$1,470

$123

Travelers

$1,503

$125

Travelers

$1,508

$126

Amica Mutual

$1,539

$128

Amica Mutual

$1,575

$131

American Family

$1,624

$135

Nationwide

$1,706

$142

Nationwide

$1,732

$144

Travelers

$1,764

$147

Progressive

$1,790

$149

American Family

$1,952

$163

Nationwide

$2,011

$168

Progressive

$2,046

$171

Amica Mutual

$2,049

$171

Allstate

$2,159

$180

American Family

$2,212

$184

Progressive

$2,228

$186

Allstate

$2,266

$189

Allstate

$2,329

$194

Nationwide

$2,429

$202

Nationwide

$2,503

$209

Nationwide

$2,873

$239

Amica Mutual

$3,228

$269

Amica Mutual

$3,304

$275

GEICO

$3,451

$288

GEICO

$3,451

$288

GEICO

$4,075

$340

Amica Mutual

$4,210

$351

GEICO

$6,154

$513

GEICO

$6,154

$513

GEICO

$7,238

$603

Cheapest Car Insurance in Rhode Island for Drivers With Poor Credit (September 2023)

The following Rhode Island auto insurance providers offer the lowest rates for policyholders with poor credit:

  • Amica Mutual: $1,351 per year
  • Travelers: $1,591 per year

The highest annual premium for auto insurance for individuals with poor credit is $2,823 from GEICO.

When insurers determine your rate, your credit score plays a significant role. In Rhode Island, drivers with poor credit spend about $859 more for auto insurance than those with credit scores above 750.

Company
Annual Premium
Monthly Premium

Amica Mutual

$1,465

$122

Travelers

$1,789

$149

Nationwide

$2,242

$187

State Farm

$2,473

$206

Allstate

$2,751

$229

Progressive

$3,010

$251

GEICO

$3,319

$277

American Family

$3,543

$295

Amica Mutual

$722

$60

Travelers

$820

$68

State Farm

$1,209

$101

Progressive

$1,314

$109

American Family

$1,512

$126

Nationwide

$1,533

$128

Allstate

$1,577

$131

GEICO

$1,848

$154

Amica Mutual

$1,351

$113

Travelers

$1,591

$133

Nationwide

$1,810

$151

State Farm

$2,008

$167

Progressive

$2,361

$197

Allstate

$2,574

$215

American Family

$2,579

$215

GEICO

$2,823

$235

Amica Mutual

$665

$55

Travelers

$831

$69

State Farm

$987

$82

Progressive

$1,074

$90

American Family

$1,143

$95

Nationwide

$1,216

$101

Allstate

$1,550

$129

GEICO

$1,564

$130

Nationwide

$1,720

$143

Travelers

$1,760

$147

State Farm

$2,042

$170

Progressive

$2,668

$222

GEICO

$2,823

$235

Allstate

$2,840

$237

American Family

$3,151

$263

Amica Mutual

$4,143

$345

Travelers

$912

$76

State Farm

$1,022

$85

Nationwide

$1,178

$98

Progressive

$1,279

$107

American Family

$1,544

$129

GEICO

$1,564

$130

Allstate

$1,743

$145

Amica Mutual

$2,142

$178

Because drivers with lower credit scores are more likely to file claims, some auto insurers raise insurance costs to safeguard against loss. Like most states, Rhode Island allows businesses to take your credit score into account when setting your rate.

Your insurance rate may go down if your credit score increases over time, but you can also look for insurers who give safe driver or other discounts to help offset rate increases.

Cheapest Car Insurance in Rhode Island for Sports Cars (September 2023)

The cheapest car insurance companies in Rhode Island for drivers with sports cars are:

  • American Family: $1,180 per year
  • State Farm: $1,209 per year

The most expensive company to insure a sports car with is GEICO, which has an average annual premium of $2,164.

Sports car insurance is typically, but not always, more expensive than a policy for a conventional car because these vehicles have greater repair and replacement costs. For instance, sports car owners in Rhode Island pay $286 more for auto insurance than Toyota Camry LE owners.

Company
Annual Premium
Monthly Premium

Amica Mutual

$422

$35

Amica Mutual

$458

$38

State Farm

$479

$40

American Family

$482

$40

State Farm

$495

$41

Travelers

$506

$42

Travelers

$530

$44

Travelers

$565

$47

Amica Mutual

$580

$48

State Farm

$586

$49

American Family

$625

$52

American Family

$628

$52

Progressive

$686

$57

Progressive

$820

$68

Allstate

$832

$69

Progressive

$843

$70

Allstate

$857

$71

Nationwide

$860

$72

Nationwide

$887

$74

Allstate

$967

$81

GEICO

$1,085

$90

Nationwide

$1,112

$93

GEICO

$1,151

$96

American Family

$1,180

$98

State Farm

$1,209

$101

GEICO

$1,216

$101

State Farm

$1,229

$102

Travelers

$1,329

$111

Travelers

$1,336

$111

American Family

$1,391

$116

Travelers

$1,396

$116

Allstate

$1,409

$117

State Farm

$1,493

$124

Allstate

$1,541

$128

Allstate

$1,556

$130

American Family

$1,596

$133

Nationwide

$1,714

$143

Nationwide

$1,806

$151

Progressive

$1,855

$155

Progressive

$1,868

$156

GEICO

$2,164

$180

GEICO

$2,164

$180

Nationwide

$2,234

$186

Progressive

$2,400

$200

GEICO

$2,409

$201

For the aforementioned quotes, MoneyGeek used a Ford Mustang as its sample sports car, but costs can vary significantly between different car models. Luxury, electric and sports cars often cost more to insure than other types of vehicles.

Cheapest Car Insurance in Rhode Island for Military Drivers (September 2023)

USAA offers cheap car insurance, with its policies costing $755 per year. This insurer offers quality car insurance coverage to current and former military members in all 50 states.

mglogo
MoneyGeek Top Pick
USAA
  • $755 per year

USAA offers several discounts for its policyholders, including bundling, good student, multiple car and safe driving discounts.

Cheapest Car Insurance in Rhode Island by City

Car insurance costs can vary from city to city. We discovered that State Farm, which charges $1,197 per year for full coverage, offers the lowest car insurance rate in Providence, Rhode Island.

Click to find out more about auto insurance in the area.

City
Cheapest Company
Annual Premium

Providence

State Farm

$1,197

Car Insurance in Rhode Island: What You Need to Know

Rhode Island state laws mandate that drivers have bodily injury liability and property damage liability coverage. The minimum liability coverage required in the state is 25/50/25, which pays for $25,000 in BIL per person, $50,000 in BIL per accident and $25,000 in PDL.

Rhode Island Car Insurance Requirements

Drivers in Rhode Island must always carry physical or digital proof of insurance with them. The state law only requires them to have auto insurance that satisfies the legal minimum standards for bodily injury liability and property damage liability. A minimum coverage policy will save you money, but it won't provide as much financial security in the event of an accident.

Although Rhode Island does not require that drivers get SR-22 insurance for driving suspensions that occur within the state, you may be required to obtain the insurance for a driving infraction that occurred in a different state.

  • accident2 icon

    Property Damage Liability

    Drivers in Rhode Island are required to have $25,000 in property damage liability coverage. This means that your car insurance will cover up to $25,000 in damages to others’ vehicles; you are responsible for paying any additional cost that exceeds this amount.

  • male icon

    Bodily Injury Liability

    If you cause an automobile accident, bodily injury liability coverage will pay for the medical expenses of the injured parties, excluding yourself. The coverage limit is $25,000 per person and $50,000 per accident. In the event that you are sued for damages, this also aids in covering the cost of your defense.

For added security, MoneyGeek advises purchasing liability insurance with minimum limits of $100,000 per injury and $300,000 per accident, as well as increasing property damage coverage to $100,000. Those who financed their car may also be required to purchase comprehensive and collision insurance.

If your car is damaged in an off-road accident, comprehensive insurance will pay for the necessary repairs or replacements. This coverage extends to damages including those from theft, vandalism, animals and weather. Damages from another car or object, like a tree or telephone pole, are covered under collision insurance.

Those with expensive vehicles may benefit from purchasing comprehensive and collision insurance.

Car Insurance Alternatives in Rhode Island

The Rhode Island Automobile Insurance Plan for High-Risk Drivers provides alternative coverage for high-risk drivers who are unable to obtain insurance through conventional channels.

In Rhode Island, there is also an alternative to car insurance. However, it requires drivers to obtain a surety bond or certificate of deposit of $60,000 per vehicle with the DMV to cover any upcoming incidents. Because of this, it’s only an option for drivers with extra cash.

FAQs About Car Insurance in Rhode Island

When it comes to auto insurance, it's normal to have concerns about cost and quality. You may learn more about auto insurance in Rhode Island by reviewing our responses to the most frequently asked questions about the subject.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.