WalletHub, Financial Company
Permalink Report Abuse
The minimum liability car insurance requirements in Rhode Island are $25,000 in bodily injury liability insurance per person ($50,000 per accident) plus $25,000 in property damage liability insurance. These requirements can also be written as 25/50/25.
Key Things to Know About Liability Car Insurance in Rhode Island
- It covers others’ expenses. Liability insurance pays for others’ medical expenses and property damage after an accident you were responsible for.
- There are penalties for driving without the required coverage. If Rhode Island drivers do not satisfy Rhode Island’s minimum liability requirements, they can face penalties for driving without insurance.
- Drivers should consider purchasing higher limits. Drivers should consider buying more than the minimum amount of liability coverage required by Rhode Island law if they can afford it. If you cause an accident that results in damage beyond your policy limits, you will be personally responsible for paying the difference.
- Liability insurance will not cover all events. Rhode Island drivers can also consider purchasing other types of car insurance in order to better protect themselves, given that liability insurance does not provide any coverage for the policyholder’s own injuries or property. For instance, both collision insurance and comprehensive insurance cover damage to the policyholder’s car. You will likely need these types of insurance if your vehicle is financed.
To learn more, check out WalletHub’s guides on how much car insurance you need and cheap car insurance in Rhode Island.
People also ask
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Did we answer your question?