Best Renters Insurance in Rhode Island (2026)

Amica, Lemonade and State Farm are the top-rated renters insurance companies in Rhode Island based on their affordability, coverage and customer experience scores.

Find out if you're overpaying for renters insurance below.

Written by Mark Fitzpatrick

Updated: March 9, 2026

Advertising & Editorial Disclosure

Key Takeaways: Rhode Island Renters Insurance

Amica is Rhode Island's best overall renters insurance company, earning a 4.9 out of 5 MoneyGeek score.

At $75 per year on average, Lemonade offers the most affordable renters insurance premiums statewide.

Get quotes from several insurers to find the most competitive rates matching your coverage needs.

5 Best Renters Insurance Companies in Rhode Island

Amica leads Rhode Island's renters insurance market with a MoneyGeek score of 4.9 out of 5, ranking first in customer experience categories. Lemonade comes in second, scoring 4.6 and excelling in affordability and coverage. State Farm, Nationwide and Allstate complete the top five.


Amica	4.86	2	1	2
Lemonade	4.62	1	5	1
State Farm	4.53	4	2	4
Nationwide	4.27	3	4	5
Allstate	4.2	5	3	6

*Our ratings consider different combinations of coverage levels and renter details to identify the best overall options. Rankings may differ based on your profile.

Amica

Top Choice for Rhode Island Renters

MoneyGeek Rating

4.9/ 5

4.8/5Affordability

5/5Customer Experience

4.6/5Coverage

Average Annual Premium
$103
Average Monthly Premium
$9
J.D. Power Renters Insurance Customer Satisfaction Score
711/1,000

pros
- Ranks #1 overall in Rhode Island with top performance scores
- Costs $36 below the state average annually, saving renters money
- Strong coverage options with solid protection levels
cons
- Regional insurer may lack the advanced digital tools of national carriers
- Likely requires agent contact for policy changes and purchases
- Fewer online self-service options compared to larger competitors
Scoring 4.9 out of 5, Amica tops our recommendation for renters in Rhode Island. The company ranks first for customer experience while charging rates under the state average. Amica's identity theft coverage provides additional peace of mind you won't find with most competitors.

Compare the Cheapest Renters Insurance Companies in Rhode Island

At $75 annually, Lemonade charges the cheapest renters insurance in Rhode Island for $20,000 in personal property coverage, saving renters $64 compared to the state average of $139. Amica comes in second at $103 per year. Nationwide costs $130 and is available statewide. All eight cheapest insurers charge below the state average, with rates from $75 to $249 per year, making the cheapest renters insurance accessible to most Rhode Island residents.

Cheapest Renters Insurance in Rhode Island Chart

Average Cost of Renters Insurance in Rhode Island

Rhode Island renters pay $139 annually for renters insurance on average, $57 below the national average cost of renters insurance of $196. This reflects coverage with $20,000 in personal property protection, $100,000 in liability limits and a $500 deductible.

Your premium varies by coverage limits, deductible choice and where you live in the state.


RI	$139	$-57

North Smithfield offers the most affordable renters insurance at $131 annually, $61 below the state average of $192. Providence charges the highest rates at $149 per year, though costs only vary by $18 across Rhode Island cities.
Cranston $135 $-5
North Smithfield $131 $-8
Providence $149 $10
Wakefield $133 $-6


Cranston	$135	$-5
North Smithfield	$131	$-8
Providence	$149	$10
Wakefield	$133	$-6

Basic renters insurance with $20,000 in personal property and $100,000 in liability runs $139 per year in Rhode Island. Comprehensive coverage with $250,000 in personal property and $300,000 in liability costs $1,001 annually, while mid-level $50,000 property coverage charges $278.


$20K Personal Property / $100K Liability	$12	$139
$50K Personal Property / $100K Liability	$23	$278
$100K Personal Property / $100K Liability	$40	$481
$250K Personal Property / $300K Liability	$83	$1,001

Rhode Island renters with excellent credit pay just $110 annually, compared to $139 for good credit. Poor credit increases costs to $237 per year, more than twice what excellent credit holders pay.
Excellent $9 $110
Good $12 $139
Fair $13 $160
Below Fair $16 $188
Poor $20 $237


Excellent	$9	$110
Good	$12	$139
Fair	$13	$160
Below Fair	$16	$188
Poor	$20	$237

Do You Need Renters Insurance in Rhode Island?

Many landlords in Rhode Island require renters insurance as a lease condition, though Rhode Island law doesn't mandate coverage. Property managers require coverage to protect themselves from liability claims, sometimes mandating minimum liability limits of $100,000 or more. Check your lease agreement to determine if coverage is required before moving in.

HOW TO DETERMINE YOUR RENTERS INSURANCE COVERAGE NEEDS

Typical renters need $20,000 to $50,000 in personal property coverage to protect their belongings. Go through your unit and add up what it'd cost to replace your electronics, furniture and clothing to calculate your personal property coverage. You'll also want liability limits of $100,000 or more to protect yourself if someone gets injured in your apartment.

How to Find the Best Cheap Renters Insurance in Rhode Island

Homeowners should compare multiple Rhode Island insurers while weighing their budget, coverage requirements and service expectations to find the best fit.

1
Compare quotes from at least three companies
Premiums differ by $50 or more across companies for identical coverage in Rhode Island. Get quotes from national insurers like GEICO and State Farm, plus regional providers that serve the Providence metro area. Many Rhode Island renters find savings by comparing at least three carriers before making their decision.
2
Check customer satisfaction ratings and reviews
Low prices aren't worth much if your insurer has poor claims handling or customer service. Research J.D. Power ratings and review customer complaints filed with the Rhode Island Department of Business Regulation before purchasing. Companies with strong ratings in Newport and Warwick handle claims faster and provide better overall service to policyholders.
3
Bundle renters and auto insurance
Insurers give 10% to 25% off when you bundle policies with the same company. State Farm and Allstate offer some of the largest bundling discounts for Rhode Island residents. This strategy works well for renters in Cranston and other urban areas where both renters and auto coverage costs tend to be higher.
4
Ask about available discounts
You can get discounts for alarm systems, smoke detectors and staying claims-free with most insurers. Additional savings may be available for being a non-smoker, having deadbolt locks or completing a home safety course. Ask your agent to review all available discounts to ensure you're getting the lowest possible rate on your Rhode Island renters policy.

Best Cheap Renters Insurance in Rhode Island: Bottom Line

Rhode Island's best renters insurance companies are Amica, Lemonade, State Farm, Nationwide and Allstate. Get quotes from several companies for the best rates matching your needs. Try the calculator below for personalized quotes depending on your coverage, deductible and credit.

Personalized Rhode Island Renters Insurance Rates

Get free renters insurance rate estimates for Rhode Island based on your coverage needs. Rates reflect a profile of renters aged 21 to 64 with no prior claims.

Coverage Level

Select Coverage Level

Deductible

Select Deductible

Credit Score

Select Credit Score

Average Annual Premium—

Renters Insurance in Rhode Island: FAQ

Common questions about Rhode Island renters insurance:

Does renters insurance cover roommates in Rhode Island?

Renters insurance covers only the policyholder and their relatives living in the unit. Your roommate needs their own policy to protect their belongings and get liability coverage. Each roommate should buy separate renters insurance with at least $20,000 in personal property coverage.

How much renters insurance do I need in Rhode Island?

Most Rhode Island renters need $20,000 to $50,000 in personal property coverage and $100,000 in liability protection. Add up replacement costs for your furniture, electronics, clothing and other belongings to calculate your needs. Your landlord may require specific coverage amounts, so check your lease before buying a policy.

How do I file a renters insurance claim in Rhode Island?

Contact your insurer immediately after damage occurs or items get stolen. Document the damage with photos and videos before cleaning up. Provide a list of damaged or stolen items with purchase dates and estimated values. Your insurer will assign a claims adjuster to review your case. Most claims get processed within two to four weeks.

Does renters insurance cover hotel stays if my apartment becomes unlivable?

Renters insurance covers temporary housing costs through loss of use coverage if covered damage like fire makes your apartment unlivable. This pays for hotel rooms and restaurant meals while repairs happen. Most policies limit loss of use to 20% to 30% of your personal property coverage amount. Floods and earthquakes aren't covered.

How We Found the Best Cheap Renters Insurance Companies in Rhode Island

We analyzed Rhode Island renters insurance companies to identify insurers with low rates and reliable service.

We collected quotes for renters aged 26 to 64 with good credit and no claims history. The profile included $20,000 in personal property coverage, $100,000 in liability protection and a $500 deductible.

Affordability determined 50% of each company's score. Customer satisfaction from industry research made up 40%. Add-on coverage options contributed 10%. Companies with the highest combined scores across all factors made our list of Rhode Island's best renters insurance providers.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

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