The best cheap car insurance in Rhode Island

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Car insurance is fairly expensive for Rhode Island drivers. The average driver pays $1,300, about $300 more than the US national average, according to the Insurance Information Institute. There are some ways to save if you’re willing to put in a few minutes of work. 

Shopping around for coverage is the best way to make sure you’re getting the best price for you. Car insurance companies consider your location, age, gender, and driving record to calculate rates for premiums. Other factors like credit score, marital status, vehicle type, previous coverage, and miles driven can all play a role in the amount you’ll pay for coverage. 

Every company weighs these factors differently, so getting quotes from different companies and comparing them is the best way to find the most affordable policy for you.   

 

The best cheap car insurance in Rhode Island based on credit score

Consumer Reports compiled a list of all car insurance pricing formulas from all companies in every state. It used an average single adult driver to find the best pricing in each state, and found that three companies came out on top for three different credit levels. Here are the three best companies and their average price for coverage:

Excellent credit (FICO 800+)Good credit (FICO 670-739)Poor credit (300-579)
  • USAA: $562 per year
  • Amica: $1,432 per year
  • Allstate: $1,550 per year
  • USAA: $760 per year
  • Amica: $1,864 per year
  • Progressive: $1,880 per year
  • GEICO: $1,764 per year
  • USAA: $2,469 per year
  • Nationwide: $2,637 per year

The best car insurance in Rhode Island for drivers with a clean record

For a driver in Rhode Island age 25 or older with no accidents and one vehicle, the following companies provide the best average rates:

CompanyAverage monthly insurance premium 
Progressive$190
GEICO$193
Esurance$202
USAA*$233
Liberty Mutual$260
Allstate$399

*USAA is only for active military, veterans, and their families.

Above data obtained from Savvy, based on 444 policyholders in the state of Rhode Island

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Best car insurance in Rhode Island for one or more accidents on record

For a driver in Rhode Island age 25 or older, with one or more accidents and one vehicle, the following companies provide the best average rates:

CompanyAverage monthly insurance premium 
Esurance$186
GEICO$191
Allstate$239
Progressive$264

Above data obtained from Savvy, based on 444 policyholders in the state of Rhode Island

The best car insurance in Rhode Island based on customer satisfaction

Customer satisfaction with car insurance providers may factor into your decision. According to J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the New England region (which includes Rhode Island):

  1. Amica Mutual
  2. State Farm
  3. GEICO
  4. Region Average
  5. Progressive
  6. The Hanover 
  7. Arbella
  8. Liberty Mutual 
  9. Plymouth Rock Assurance
  10. Travelers
  11. Allstate
  12. MetLife
  13. Safety Insurance 
  14. MAPFRE Insurance 

Rhode Island car insurance rates by city

Below is the estimated average annual premium of auto insurance policies per household in Rhode Island’s most populous cities:

CityAverage annual insurance premium 
Providence$1,354
Cranston$1,501
Warwick$1,483
Pawtucket$1,387
East Providence$1,443
Woonsocket$1,334
Newport$1,460
Central Falls$1,258
Westerly$1,449
Newport East$1,457
Valley Falls$1,511
Greenville$1,578
Cumberland Hill$1,624
Wakefield-Peacedale$1,523
Tiverton$1,532
Kingston$1,513
Pascoag$1,531
Narragansett Pier$1,446
Harrisville$1,363
Chepachet$1,672
Hope Valley$1,591
Ashaway$1,535

Data from S&P Global Market Intelligence

The most popular car insurance companies in Rhode Island based on market share

The following are the most popular car insurance companies in Rhode Island, based on the percentage of insured Rhode Island drivers who use them:

CompanyMarket share (%)
Progressive24.40
GEICO12.99
Amica11.44
Allstate10.41
USAA*6.66
Liberty Mutual6.11
MetLife4.71
Nationwide4.64
MAPFRE2.71
Travelers2.47
State Farm2.35
American Family2.29
Auto Club Exchange2.17
Selective1.19
Providence Mutual Fire Ins1.07
Ohio Mutual Insurance1.03
The Hartford0.55
Quincy Mutual0.50
National General Holdings0.44
Horace Mann0.34

*USAA is only for active military, veterans, and their families.

Data from S&P Global Market Intelligence

Who gets the best cheap car insurance in Rhode Island?

As the data above shows, your credit score is one of the bigger influences on the price you’ll pay for coverage. But, there are many other factors that play into your premium, too. With every company considering them differently, it’s critical to shop around. 

If you want to get the best car insurance rate for you, you’ll need to start by getting quotes from several different insurance companies. Once you have a few different quotes, you’ll want to compare them and look for the policy that gives you the most coverage for your money by giving the most coverage types and the highest limits. Also look at the deductible, or the amount you’ll pay out-of-pocket if you get into an accident. 

The driver who gets the best deal in Rhode Island is the one who shops around for their coverage. Compare quotes and look beyond the premium to find the best-priced coverage for you. 

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