The average cost of car insurance in Rhode Island ranges from $883 per year for 55-year-olds to $6,068 per year for 16-year-olds. Rhode Island residents with a good driving record generally see their car insurance premiums drop around age 25, and average rates continue to fall as policyholders age. However, around age 65, you will likely start to see your rates increase again.
Average Cost of Car Insurance in Rhode Island by Age
$6,068 per year
$1,143 per year
$963 per year
$946 per year
$883 per year
$1,066 per year
Note: Premiums are representative of a male driver with a minimum coverage policy and a clean driving record; individual premiums will vary.
Car insurance is cheapest around age 55, on average, according to WalletHub data. Middle-aged drivers with experience on the road are the least expensive to insure because they have the lowest accident and claims rates, especially compared to senior and teenage drivers, who are the most likely to be involved in car crashes. Overall, car insurance is cheapest for drivers aged 35-65.
Full coverage insurance in Rhode Island costs an average of $509 per month. A full coverage policy usually includes collision and comprehensive insurance, plus the types of coverage required by Rhode Island law. In Rhode Island, liability insurance is mandatory for all drivers.
Average Cost of Full Coverage Insurance in Rhode Island
You can get car insurance discounts in Rhode Island based on how you drive, the car you own, and your relationship with your insurance company. In Rhode Island, car insurance companies are allowed to consider factors like employment, residential, and marital status when setting premiums. That means there are also discounts available for being married, owning a home, or being affiliated with certain employers or educational institutions.
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