Cheapest Car Insurance in Rhode Island 2021


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Rhode Island is the smallest state, but it has one of the highest population densities. As of 2015, there were an estimated 745,470 licensed drivers in the state. Every driver in Rhode Island is required to carry a minimum amount of car insurance in order to legally operate a vehicle.

Car insurance rates in Rhode Island are higher than average. An annual full coverage car insurance policy costs $1,846 on average, and a minimum coverage policy costs an average of $605 per year. However, drivers can get cheap car insurance by choosing the right provider.

The cheapest car insurance in Rhode Island
In Rhode Island, there are a handful of insurance companies that stand out for offering affordable policies. The companies in the table below offer the cheapest auto insurance in Rhode Island:

Car Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
State Farm $287 $924
Progressive $317 $814
Amica $454 $1,725
USAA $491 $1,316
Travelers $544 $1,282

Quadrant Information Services, 2020

State Farm

State Farm is one of the most popular insurance companies in Rhode Island, particularly because of its low rates. On average, Rhode Island drivers pay $924 annually for a full coverage policy and $287 annually for a minimum coverage policy from State Farm.

In addition to cheap premiums, State Farm also offers a number of discounts. Drivers can save money by bundling their policies, being accident-free, taking a defensive driving course, being a good student and having a vehicle with certain safety features. State Farm also has two safe driver programs, Steer Clear for young drivers and Drive Safe & Save for adults.


Drivers who are looking for the cheapest car insurance in Rhode Island should consider Progressive. Based on our research, the company has the lowest insurance premiums in the state. The average driver pays $814 per year for a full coverage policy and $317 per year for a minimum coverage policy, which is well below the statewide average.

Progressive is well known for its online tools and discount options. Drivers who enroll in the Snapshot safe driver program can save an average of $145 annually on their premium. Progressive also has the Name Your Price Tool, which allows drivers to view policies within their price range. Additionally, Rhode Island drivers can get access to Progressive’s impressive list of discounts.


Amica is a Rhode Island-based insurance company and was rated the top car insurance provider in New England for overall customer satisfaction in the 2020 J.D. Power Auto Insurance study. The average driver pays $1,725 per year for a full coverage policy from Amica and $454 per year for a minimum coverage policy.

Amica is one of the few property and casualty insurance companies that offers dividend policies, where drivers can recoup up to 20% of their premium at the end of the policy period. Amica also has discounts for homeowners, loyal customers, good students, safe drivers, students away at school, signing up for autopay and having certain vehicle safety features.


USAA is one of the best insurance companies on the market. However, coverage is only available to Rhode Islanders who are active duty military members or veterans. In addition to affordable premiums, USAA is also known for offering exceptional customer service and coverage.

In Rhode Island, the average driver pays $1,316 annually for a full coverage policy from USAA and $491 annually for a minimum coverage policy. USAA offers a variety of discounts for being a safe driver, garaging a vehicle on a military base, being a good student, insuring a new vehicle and having a parent who has a USAA policy.


Travelers is a good option for Rhode Island drivers who are looking for unique coverages, like rideshare insurance and new car replacement, at an affordable price. The average Rhode Islander pays $1,282 per year for a full coverage policy and $544 per year for a minimum coverage policy.

In addition to great coverage, Travelers also offers many discount options. There are savings opportunities for owning a hybrid or electric car, having continuous insurance, getting a quote prior to your current policy expiring, taking a driver training course, being a good student, insuring multiple vehicles, owning a home and more.

Affordable coverage for Rhode Island drivers

Car insurance is a legal requirement in Rhode Island. The state’s minimum liability coverage is represented as 25/50/25, which means that limits of $25,000 in bodily injury liability coverage per person, $50,000 in bodily injury liability coverage per accident and $25,000 in property damage liability coverage per accident are required to legally drive a vehicle.

Drivers who choose to purchase liability only insurance will pay the lowest rate. However, there is no guarantee that Rhode Island’s minimum insurance requirements will be enough to cover the full cost of an at-fault accident. If a driver causes an accident and the damages are higher than their policy limits, they are responsible for paying the remaining costs out of pocket.

How to get cheap car insurance in Rhode Island

Drivers who are looking for the cheapest car insurance in Rhode Island should also consider other ways to get affordable coverage. Here are some effective ways to potentially get a lower rate:

  • Compare rates: Get quotes from several different insurance companies to see which one can give you the lowest rate for the amount of coverage you want.
  • Pay in full: Drivers who can afford to pay their annual car insurance premium in full may get a discount on the price of their policy.
  • Take a defensive driving course: Many insurance companies have a discount for drivers who complete an approved defensive driving course.
  • Improve your credit score: Your credit score impacts your car insurance rate. If your credit score is low, work on raising it to get a cheaper insurance premium.
  • Utilize discounts: When choosing a provider, consider which of its discounts you qualify for. The more discounts you can leverage, the more savings you may enjoy.

Frequently asked questions

What is the best car insurance in Rhode Island?

The best car insurance in Rhode Island varies. The best provider is different for every driver. Some drivers are looking for the lowest rates, some are looking for the best customer service and others are looking for specialty coverages. Rhode Island drivers should shop around and compare providers to find the company that meets their personal needs.

What is the average cost of car insurance in the U.S.?

In the United States, the average full coverage car insurance policy costs $1,738 per year. In Rhode Island, the average full coverage policy costs $1,846 per year. Drivers in Rhode Island pay about $100 more for car insurance compared to the national average.

What does full coverage car insurance include?

Full coverage car insurance policies typically include liability coverages, uninsured/underinsured motorists coverages, medical payments, collision and comprehensive (sometimes called “other than collision”). Any other coverages, like roadside assistance or rental car reimbursement, are optional endorsements.


Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.