What Used Cars Are the Cheapest To Insure in Rhode Island?
Want to know the cheapest pre-owned vehicles to insure in Rhode Island? We researched insurance quotes in the state to save you the effort!
This article covers insurance basics for the state of Rhode Island and tips to save you money on premiums. We also found the best insurance companies and answered frequently asked questions!
Rhode Island Cheapest Used Cars To Insure
To find the cheapest car insurance in Rhode Island, we ran a basic driver profile through an insurance quote generator for 45 vehicles from the 2021 production year. Through this process, we found the three following vehicles the most affordable to insure in Rhode Island:
1. 2021 XC60 by Volvo
The 2021 Volvo XC60 is the cheapest used car to insure in Rhode Island. This Top Safety Pick+ award winner is a small, four-door SUV. It costs $72 per month for a full-coverage insurance policy, which is lower than the monthly average of $157. Liability-only auto insurance costs $34 a month.
The 2021 Volvo XC60 is a luxury SUV with a five-star safety rating from the National Highway Traffic Safety Administration. It gets between 21 and 22 mpg in the city and 28 and 29 mpg on the highway.
2. 2021 Bronco Sport by Ford
The 2021 Ford Bronco Sport is the second cheapest used car to insure in Rhode Island. This small four-door SUV can get a full-coverage insurance policy for only $77 per month, lower than the state average price of $157 per month. A liability-only policy for $34 per month.
This popular SUV is a Top Safety Pick+ because of its advanced front crash protection. It gets about 25 mpg for city driving and 28 mpg on the highway.
3. 2021 Palisade by Hyundai
The 2021 Hyundai Palisade is the third-cheapest used car to insure in Rhode Island. It’s a three-row, four-door midsize SUV. A full-coverage policy costs $80 a month, which is lower than the average of $157 per month. A liability-only policy costs $34 a month.
The Palisade is a Top Safety Pick+ award-winning vehicle due to its numerous safety features and crash protection. The front-wheel-drive Palisade gets 19 mpg in the city and 26 mpg on the highway. The all-wheel-drive Palisade gets 19 mpg in the city and 24 mpg on the highway.
The 45 Cheapest Used Vehicles To Insure in Rhode Island
To find the cheapest used cars to insure in Rhode Island, we gathered policy estimates for 45 vehicles with a 2021 Top Safety Pick+ rating from the
Insurance Institute for Highway Safety (IIHS). The vehicles are listed in ascending order below based on the cost of a full-coverage policy.
| Year |
Make |
Model |
Full Coverage |
Liability Only |
| 2021 |
Volvo |
XC60 |
$72 |
$34 |
| 2021 |
Ford |
Bronco Sport |
$77 |
$34 |
| 2021 |
Hyundai |
Palisade |
$80 |
$37 |
| 2021 |
Mazda |
CX-30 |
$80 |
$37 |
| 2021 |
Cadillac |
XT6 |
$90 |
$44 |
| 2021 |
Honda |
Accord |
$92 |
$43 |
| 2021 |
Subaru |
Outback |
$92 |
$43 |
| 2021 |
Honda |
Odyssey |
$92 |
$42 |
| 2021 |
Subaru |
Forester |
$93 |
$40 |
| 2021 |
Mazda |
CX-3 |
$94 |
$48 |
| 2021 |
Volvo |
XC40 |
$95 |
$39 |
| 2022 |
Honda |
Civic |
$96 |
$44 |
| 2022 |
Hyundai |
Santa Fe |
$97 |
$50 |
| 2021 |
Mazda |
CX-5 |
$97 |
$48 |
| 2021 |
Mazda |
CX-9 |
$97 |
$38 |
| 2021 |
Nissan |
Murano |
$98 |
$46 |
| 2021 |
Toyota |
Highlander |
$98 |
$46 |
| 2022 |
Hyundai |
Tucson |
$99 |
$43 |
| 2021 |
Nissan |
Rogue |
$99 |
$48 |
| 2021 |
Chevrolet |
Trailblazer |
$99 |
$50 |
| 2021 |
Volkswagen |
ID.4 |
$99 |
$47 |
| 2021 |
Volvo |
XC90 |
$100 |
$34 |
| 2021 |
Chrysler |
Pacifica |
$100 |
$46 |
| 2021 |
Toyota |
Sienna |
$101 |
$50 |
| 2021 |
Ford |
Explorer |
$102 |
$49 |
| 2021 |
Honda |
Insight |
$103 |
$52 |
| 2021 |
Subaru |
Legacy |
$104 |
$48 |
| 2021 |
Subaru |
Ascent |
$108 |
$49 |
| 2021 |
Lexus |
NX |
$109 |
$48 |
| 2021 |
Acura |
RDX |
$111 |
$48 |
| 2021 |
Toyota |
Camry |
$112 |
$53 |
| 2021 |
Kia |
K5 |
$114 |
$57 |
| 2022 |
Mitsubishi |
Outlander |
$114 |
$53 |
| 2021 |
Mazda |
6 |
$115 |
$51 |
| 2021 |
Mazda |
3 |
$115 |
$53 |
| 2021 |
Nissan |
Altima |
$121 |
$57 |
| 2021 |
Volvo |
V60 |
$128 |
$55 |
| 2022 |
Kia |
Stinger |
$130 |
$37 |
| 2021 |
Volvo |
S60 |
$133 |
$47 |
| 2021 |
Acura |
TLX |
$133 |
$63 |
| 2021 |
Volvo |
S90 |
$139 |
$43 |
| 2021 |
Lexus |
ES 350 |
$144 |
$50 |
| 2021 |
Nissan |
Maxima |
$147 |
$55 |
| 2022 |
Lexus |
ES 350 |
$150 |
$49 |
| 2021 |
Volvo |
V90 |
$158 |
$43 |
Full Coverage vs. Liability Insurance Costs
Liability-only car insurance is cheaper than full-coverage insurance. A
liability-only policy pays for damage done to the other driver’s property or if they experience an injury. It doesn’t cover your vehicle if you have an at-fault accident or someone steals it.
Here are the average annual prices of insurance in Rhode Island:
| Full-coverage policy |
Liability-only policy |
| $1,886 |
$551 |
The Best Rhode Island Car Insurance Companies
The three best automobile insurance companies in Rhode Island are Travelers, American Family Insurance, and Nationwide.
We used
EverQuote to compare companies with more than 2% market share in the state and nation. We also used data from the National Association of Insurance Commissioners (NAIC) for information on the ratio of complaints to market share.
Companies with lower market-share-to-complaint ratios indicate fewer complaints and happier claimants. You can see the rankings below:
| Insurance Company |
Market Share |
Percent of Total Complaints |
Complaint Index |
| Travelers |
2.33% |
N/A |
0.37 |
| American Family Insurance |
2.79% |
N/A |
0.43 |
| Nationwide |
5.12% |
N/A |
0.43 |
| MAPFRE |
4.6% |
N/A |
0.92 |
| Amica |
11.49% |
N/A |
0.92 |
| MetLife |
5.29% |
N/A |
1.00 |
| Liberty Mutual |
6.76% |
N/A |
1.14 |
| Allstate Corp. |
10.76% |
N/A |
1.20 |
| USAA |
6.94% |
N/A |
1.21 |
| Berkshire Hathaway Inc./Geico |
12.35% |
N/A |
1.23 |
| Progressive |
22.01% |
N/A |
1.33 |
*We used the complaint index data according to the national numbers provided by NAIC.
Tips To Lower Insurance Premiums in Rhode Island
Drivers in Rhode Island can follow these tips to maximize discounts and minimize insurance premiums:
- Take a defensive driving course.
- Maintain a clean driving record.
- Keep your credit score high.
- Bundle your insurance policies.
- Increase your deductibles.
- Shop for insurance quotes.
Research Methodology
To gather information on the cheapest
used cars to insure in Rhode Island, we used an in-state address to get the most accurate data for drivers. We also used a basic driver profile and the 45 vehicles from the IIHS 2021 Top Safety Pick+ list. We ran this information through an insurance quote generator.
Basic Driver Profile
- 35-year-old male with a bachelor’s degree
- Single and employed full time
- Homeowner but did not bundle policies
- Owns the vehicle rather than leases or finances it
- Has been with the current insurance carrier for five or more years
We used vehicles on the
IIHS 2021 Top Safety Pick+ 2021 list. The IIHS is an independent, nonprofit organization that collects safety data for cars on the market.
We used the following limits for liability-only quotes:
- $100,000/$300,000 liability limits
- $100,000 property damage limits
- $10,000 personal injury protection
For the full coverage quotes, we included the following coverages with the liability selections:
- $1000 deductible on collision coverage
- $1000 deductible for comprehensive coverage
- $50/$1500 rental reimbursement
- $100 roadside assistance
Frequently Asked Questions
What is the cheapest SUV to insure in Rhode Island?
The 2021 Volvo XC60 is the cheapest SUV to insure in Rhode Island. Drivers with a full-coverage policy can pay $72 a month, or they can pay $34 for liability-only coverage.
How much liability insurance is required in Rhode Island?
In Rhode Island, drivers must have at least liability-only coverage with the following amounts:
- $25,000 in bodily injury per person
- $50,000 in bodily injury per accident
- $25,000 in property damage
What is the penalty for driving without insurance in Rhode Island?
First-offense penalties are a fine of $100-$500, a suspension of their license and registration for up to three months, and a reinstatement fee of $30-$50. Second-offense penalties are fined $500, and the suspension of their license and registration increases to six months.
What is the basic insurance for a car?
The basic insurance for a car is liability insurance, which covers the other driver’s car repairs and medical expenses if you’re responsible for an accident. Your leasing or financing company may require you to carry additional insurance, such as a comprehensive collision policy.
Are older cars cheaper to insure?
Most older cars are cheaper to insure. Because cars lose value and depreciate, it’s cheaper for the insurance company to replace or repair after an accident.
What car has the highest insurance rates?
In general, drivers with luxury, sports, or high-performance cars will have higher insurance rates. These cars cost more to replace and repair, thus the higher insurance costs.
References
- (2023.) 2021 Top Safety Picks. Insurance Institute for Highway Safety (IIHS). Retrieved on May 6, 2023, from, https://www.iihs.org/ratings/top-safety-picks/2021
- (2019.) Largest Auto Insurance Companies in Rhode Island. EverQuote. Retrieved on May 6, 2023, from https://www.everquote.com/blog/car-insurance/largest-companies-rhode-island/
- (2023.) Consumer Insurance Search Results. National Association of Insurance Commissioners. Retrieved on May 6, 2023, from https://content.naic.org/cis_refined_results.htm
- (2023.) The Average Cost of Car Insurance in Rhode Island 2023. Bankrate. Retrieved on May 6, 2023, from https://www.bankrate.com/insurance/car/average-cost-of-car-insurance-in-rhode-island
- (2023.) Rhode Island Minimum Car Insurance Requirements, Penalties, and Other Auto Insurance Laws. moneygeek. Retrieved on May 6, 2023, from https://www.moneygeek.com/insurance/auto/state-laws-minimum-requirements-rhode-island/
- (2023.) Rhode Island Car Insurance Laws. The Zebra. Retrieved on May 6, 2023, from https://www.thezebra.com/auto-insurance/rhode-island-car-insurance/state-laws-ri/
