Rhode Island Car Insurance
Just because Rhode Island is the smallest state in the U.S. it doesn't mean that there are not plenty of drivers on the Rhode Island highways. There are many people who travel through this state to reach their destination in another surrounding state. There are also all kinds of local attractions that bring people out on the roadways here. However, the local residents in Rhode Island only have a few requirements when it comes to buying Rhode Island car insurance that they have to comply with.
The minimum requirement for Rhode Island car insurance is liability insurance that will cover bodily damages of at least $25,000 for each victim and $50,000 for the entire accident. You must also have a minimum of $25,000 for property damage. These are the minimum amounts required by the law in Rhode Island. Other than that, you can carry as much coverage above the minimum as you want. Many residents choose to carry a higher amount in the event of a personal lawsuit due to an automobile accident. Residents of this state can not even get a driver’s license from the Rhode Island Department of Motor Vehicles if they can not show proof of having automobile insurance with the minimum 25/50/25 coverage.
Rhode Island does not require personal injury protection coverage (PIP). However with personal injury protection coverage your medical expenses will be covered as well as the medical expenses for passengers riding in your vehicle if they are injured in an automobile accident in your car. Having PIP coverage will also protect you if you are ever sued by a passenger riding in your vehicle that is injured. PIP insurance coverage is not very expensive and really worth adding for your added peace of mind.
Rhode Island car insurance rates are based upon certain risk factors. Residents that have a safe driving record will enjoy reduced rates. Another way to reduce your rates is to take a defensive driving course. A student who maintains good grades can enjoy reduced rates as well when they are old enough to drive. A lot of Rhode Island is rural. There are no large cities so the insurance rates can be very reasonable in this state. If you shop around you can find some really cheap rates. Since Rhode Island is a small state and the population is small there are not as many car thefts so the rates are lower if you add comprehensive coverage to your policy as well.
All this said, the average price that people in Rhode Island pay for car insurance is around $250 more than in other states which is really not necessary if you shop around for better rates. There are many good insurance companies that offer car insurance in Rhode Island for a lot less. You can go to an insurance comparison site to compare policies. You can also request online quotes to help you determine what the best Rhode Island car insurance companies are. Be sure to compare equal coverage amount policies though. Not all cheap insurance policies will offer you the same coverage as others.
Also, when you buy a new car make sure you get all the safety features you can afford since this will help drive down the cost of insurance. You should always check the cost of insurance when you buy a new car. Some cars that rated as sports cars can be cost prohibitive when it comes to buying insurance for them. Other cars may be a lot more attractive to thieves as well and this can drive up the cost of comprehensive coverage. So be sure to check before you buy. Also, you will definitely need comprehensive coverage if you are making payments on a vehicle. This coverage will pay the loan off if the car is totaled in an automobile accident in Rhode Island.