Rhode Island Auto Insurance

Auto insurance in Rhode Island

Drivers are aware of the fact that car insurance is not only imposed by the law, but it is also the right thing to have in case of vehicle-related events. Whether the respective vehicle is used for personal or professional purposes, vehicle owners are required to purchase a valid insurance policy. If this policy is not acquired, drivers are liable for fines of up to $1,000 or might have their driving documents suspended. This can refer to the driver's license or vehicle registration, for a period of up to six months. If you are interested in finding out more on the topic of auto insurance in Rhode Island, keep on reading this article.

What type of car insurance do you legally need in Rhode Island?

According to the Mandatory Liability Insurance Act, all Rhode Island residents who operate a moving vehicle are obliged to purchase a liability insurance policy. If the mandatory insurance is absent, the respective vehicle documents will be suspended for several months or more. All the states have access to an online insurance verification system, which allows them to instantly determine whether a vehicle is insured or not.

For a resident to operate a vehicle in the state of Rhode Island, the associated auto insurance must comply with specific guidelines. These might include: bodily injury liability ($50,000 per accident and $25,000 per person), property damage liability ($25,000 per accident), uninsured/underinsured motorist bodily injury ($50,000 per accident and $25,000 per person), uninsured motorist property damage ($25,000 per accident). Of course, the full coverage insurance is more advantageous than the minimum liability coverage, as vehicle owners can get options such as comprehensive and collision insurance. It is always for the best to choose a higher liability coverage limit than the one imposed by law in Rhode Island. In this way you will be protected, regardless of the event that has occurred.

The sums mentioned above refer to the maximum amount insurance provider is able to pay, should you be involved in an accident for which you are at fault. According to the modern laws, vehicle owners must carry a copy of their insurance policy while driving. The same laws state that it is illegal to drive without insurance in Rhode Island. Consequences include legal fines and the suspension of one's driving documents, meaning the driver's license or vehicle registration. If one continues to drive without a valid insurance policy, he or she might have to do jail time.

Average cost of auto insurance in Rhode Island

How much does auto insurance cost in Rhode Island? The state minimum auto insurance policy in Rhode Island has a value of $838. Nonetheless, a full coverage insurance policy has an average value of $2,106 per year. Collision and comprehensive insurance might not be included in this policy, which means you will have to pay extra for them. Various factors influence the overall insurance rates, including: gender, marital status, driving record, age, number of miles driven, location, type of vehicle, presence of prior insurance, etc. Vehicle owners are encouraged to choose an insurance policy with the best possible coverage, and not the one with the most affordable rate possible.

The average cost of car insurance varies from one state to the other. vehicle owners are used to variations for both the minimum and full coverage, including when it comes to options such as comprehensive and collision insurance. The factors influencing these values include: road conditions, how many uninsured drivers there are in the city, number of drivers in accordance with the general population, at-fault accidents, accidents caused by weather elements or conditions, etc.

Rhode Island has a significantly higher rate for the average insurance than the national median, which is around $1,770. The following states have some of the most expensive auto insurance policies: California, Colorado, Florida, Louisiana, Michigan, Nevada, New York, and Pennsylvania. As for the most affordable states, these include: Maine, Nebraska, New Mexico, North Dakota, Oregon, Tennessee, Washington, and Wisconsin. New York is among the most expensive, with $2,996 for the full coverage and $1,339 for the minimum one. Maine is the most affordable state, with $876 for the full coverage and $227 for the minimum one.

Within the state of RI, you might also notice differences between the various cities. Warwick has some of the most affordable rates to offer, while Providence stands at the top of the list in terms of costs. The average annual premiums are as follows: Warwick - $2,359; East Providence - $2,526; Pawtucket - $2,709; Cranston - $2,892; Providence - $3,108.

The driver's age represents one of the main factors influencing the auto insurance value. Everyone knows that this type of insurance is more expensive for young drivers, as they are perceived by insurance companies as immature and more likely to cause accidents. A teenage driver will be prepared for an annual premium of over $7,700, while a middle-aged driver will expect a premium that is close to $2,000. Slight differences are seen between genders, with men benefitting from more affordable rates. The same goes for married couples, as opposed to those who are single, divorced, or widowed.

In calculating the value of a potential coverage policy, auto insurance providers will also analyze the driver's credit history. Drivers with exceptional credit can save important sums on their car insurance premiums, as opposed to those with a poor credit history. Prior driving offenses, such as reckless driving, DWI/DUI, at-fault accidents, speeding, will increase the value of auto insurance. It is also worth mentioning that the rates vary in accordance with the chosen type of coverage. Drivers can add both comprehensive and collision to the state minimum policy, which is a significant advantage to consider.

Did not find your city or county on the list? Please use our auto insurance companies search box at the top to locate all the best auto insurance quotes in Rhode Island. Find car insurance in Rhode Island by city, zip code or county name.

Finding the right auto insurance in Rhode Island

If you are struggling to discover the right insurance policy, perhaps you might consider our expert help. Backed by years of experience and knowledge accumulated in the field of auto insurance, we are happy to match vehicle owners with the best policies for their needs, with consideration to their current budget. Just give us a call and we will be more than pleased to offer the necessary support. This service is 100% free and it will save you from a long research process, so that you can concentrate on other important things.