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Get Cheap Car Insurance in Providence, RI

We monitor insurance prices, helping the average driver in the Providence area save up to 41.3% on car insurance.

 

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The Cheapest Minimum Coverage in Providence

The chart below shows the cheapest car insurance company in Providence for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Safeco Insurance, followed by Geico, Progressive, and Midvale Home & Auto.

 
Providence Insurer Monthly Cost
Safeco Insurance $83
Geico $107
Progressive $125
Midvale Home & Auto $131

Savings for Every Kind of Providence Driver

The table shows how much the average auto insurance customer in Providence might save by following our recommendations.

Based on our extensive insurance data, we know the average Providence driver will save about 33% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $796 per year by choosing the right vehicle insurance company. Some Providence residents are paying out over $2,393 extra every year for auto insurance in Providence. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Providence, RI Savings / Yr.
Drivers with good records
$796
Drivers with accidents
$962
Drivers with speeding tickets
$1,059
Drivers with a DUI conviction
$1,792
Young drivers
$3,726
Married drivers
$272
Drivers with bad credit
$807

Providence Car Insurance vs. Rhode Island

People living in Providence pay an average of 7.44% more than the typical driver in the state. The average driver in Providence can expect to pay about $1,464 per year, or $2,393 for full coverage.

Based on our analysis, State Farm will be the cheapest provider in Providence for most people.

Car Insurance Prices by Providence Neighborhood

Providence, RI map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within Providence?

The map shows insurance prices in and around Providence, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $977 per year within the city boundaries, with insurance premiums ranging from a high of $3,192 to a low of $2,215. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the East parts of Providence.

Pick the Best Car Insurance Company for You in Providence

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Providence insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Providence

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $796 over the average Providence car insurance company.

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We use the average good driver, paying $133 per month, as our baseline for pricing in Providence. State Farm, Travelers, and Safeco Insurance are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Providence drivers with accidents on their records

In Providence getting into an accident will raise premiums an average 25% for a yearly cost of $3,204. That's $811 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Travelers, and Safeco Insurance are good choices for drivers with accidents.

In our analysis, Safeco Insurance saved the average person who had been in an accident the most, with annual savings averaging $962 over the competition.

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The best car insurance company for Providence drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $1,059 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Providence, tickets raise premiums on new quotes about $741. If you have a speeding ticket, we recommend State Farm, Travelers, and Safeco Insurance for savings that beat the average insurance cost of $3,134 per year.

The best auto insurance for Providence drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $4,336 per year in auto insurance premiums, which was $1,944 more than a driver with no major issues. State Farm, Progressive, and Safeco Insurance penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $1,792 less each year.

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The least expensive car insurance company for new and young drivers in Providence

In Providence, State Farm costs young drivers $3,726 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 75% more for insurance than more mature drivers in Providence. With an average cost of $9,498 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Geico, and Allstate try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Providence

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $150. Geico, Progressive, and Nationwide provided the largest discounts to couples living in Providence.

Geico gave the largest car insurance discounts to married couples, averaging $272 saved each year compared to an average Providence couple's premiums.

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The cheapest car insurance in Providence for drivers with bad credit

People with poor credit saved an average of $807 with State Farm.

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Many people are surprised that their poor credit score can cost them an average of $1,392 every year. Premiums for people with poor credit were about $3,785 in Providence. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Geico, and Travelers.

The best Providence car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Providence, the National Association of Insurance Commissioners (NAIC) ranks Amica as the best. Another valuable metric: JD Power ranks Amica as the best provider in Providence.

Amica was the best company for customer service in Providence according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Providence, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Providence. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Providence

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 37% of Providence residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Providence driver can expect to pay about $124 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Providence, USAA has the best prices for drivers with a DUI conviction, drivers with speeding tickets, drivers with bad credit, drivers with accidents, young drivers, married couples, and good drivers.
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Auto Insurance Prices in and Around Providence

What Influences the Cost of Car Insurance in Providence?

On average, car insurance in Providence is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:

  • The average commute time in the Providence area is 32 minutes, which is about the national average for a driver in the state.
  • Rhode Island state insurance regulations may require higher prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in the Providence area are among the lowest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of C+ according to CrimeGrade.org.
  • Providence is one of the most densely populated areas in the state. The city’s density could result in a price increase for drivers.

As a result of these and other factors, the average cost of car insurance in Providence is $122 per month for minimum coverage and $199 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Cities

Cities with Similar Populations

* Who is the average Providence driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Providence with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.