Cheap Renters Insurance in Rhode Island

State Farm and Amica are the best cheap renters insurance companies in Rhode Island. State Farm offers the most affordable rates at $17 monthly. Amica has the highest customer reputation score and the most comprehensive coverage options.

*This list shows rates for a renter with good credit, no claims history, $50K in property damage coverage, $100K in liability coverage, a $1,000 deductible and guaranteed replacement.

Rhode Island renters face coastal flooding and hurricane risks despite the state's small size, so use our renters insurance estimate calculator to ensure adequate storm-related coverage.

Our list above covers most renters, but your ideal option may differ. Filter the table to match your profile and find the best option in Rhode Island.

Here are our top picks for affordability, customer service and coverage options for Rhode Island renters insurance.

Renters insurance in Rhode Island averages $482 annually, $240 higher than the national average of $242. These rates reflect a policy with $50K personal property coverage, $100,000 liability limits and a $1,000 deductible. Your rate may vary based on your profile.

Filter the table by major factors affecting rates to see average costs for your situation.

Finding the right renters insurance in Rhode Island can be challenging. This guide helps you select ideal coverage for your needs.

Rhode Island law doesn't require renters insurance, but most landlords require at least $100,000 in liability coverage. Requirements vary based on rental history, credit and pet ownership. When deciding coverage amounts, consider how much property you want covered, weather risks, local crime rates and pet ownership.

Use our calculator below to determine your ideal personal property limits so you know how much renters insurance you need.

Rhode Island has risks renters should consider when choosing insurance coverage:

• Weather risks: Rhode Island has a high risk of winter storms in certain areas. Standard coverage may not cover this.
• Crime risks: Rhode Island ranks 45th highest nationwide for property crime and 18th for identity theft and fraud. Consider add-ons and supplemental property damage coverage.
• Pet ownership: Pet owners should consider pet liability coverage add-ons.
• Property types: Special tools, valuables, electronics and structures like pools may need additional coverage.

Renters insurance covers damage to your property, liability to others and loss of use related to your rental home. Additional coverage options help make your policy more comprehensive.

Amica and State Farm are the best and cheapest renters insurance companies in Rhode Island. We recommend these options, but you should research and compare multiple companies and quotes to find the best deal.

Here are answers from our experts to common questions about renters insurance in Rhode Island:

Rhode Island renters pay nearly double the national average for coverage due to the state's hurricane exposure, winter storm risk, and elevated property values, making it critical to find insurers that won't overcharge you for basic protection. We built this analysis to identify companies balancing affordable rates with strong customer service and comprehensive coverage options for Rhode Island's unique insurance environment.

We examined how insurers price coverage in a state with high hurricane and winter storm risks that create frequent weather-related claims. Rhode Island's property crime rate (45th highest nationwide) and identity theft rate (18th nationally) make liability coverage and add-on options especially important for renters. We also evaluated which companies offer flexible personal property limits, since Rhode Island's $482 average annual cost creates a strong incentive to customize coverage rather than overpaying for protection you don't need.

We collected quotes using $50,000 in personal property coverage, $100,000 in liability coverage, and a $1,000 deductible. We included replacement cost coverage, which pays to replace your belongings at today's prices rather than their depreciated value, and used good credit as our starting point. This profile represents standard coverage that protects most Rhode Island renters' belongings and provides meaningful liability protection if someone gets injured in your rental.

We evaluated companies across four weighted categories:

• Affordability (60%): Quote data based on the standard profile above
• Customer Satisfaction (25%): Industry research and ratings on claim handling and service quality
• Add-On Coverages (10%): Available endorsements and optional protections beyond standard policies
• Financial Strength (5%): Company ratings indicating ability to pay claims long-term

Why these weights: Rhode Island renters face the second-highest insurance costs in the country, making affordability the dominant factor when every dollar counts. Customer satisfaction carries substantial weight because you need a company that processes hurricane damage claims quickly or handles theft reports efficiently. Add-on options and financial strength round out the evaluation, ensuring the cheapest company also delivers adequate protection for Rhode Island's specific risks and won't disappear when coastal storms create massive claim volumes.

This methodology prioritizes real-world value for Rhode Island renters navigating an expensive insurance market shaped by coastal weather risks and above-average property crime rates.