Providence, RI Car Insurance

Providence drivers pay, on average, around $223 a month for their car insurance. Check out our guide below to find out how much you'll pay.
What rates can residents of Providence expect to pay for their car insurance? How does Providence compare to the surrounding area and the rest of Rhode Island? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Providence?

Area Average Monthly Car Insurance Premium
Providence$223
RI$215
United States$80

Car insurance policies across the rest of Rhode Island are about $8 a month cheaper than the rates drivers pay in Providence.

Likewise, drivers in Providence may pay higher rates than the rest of the country. It's around $143 more expensive for coverage in Providence than the average rates seen in the rest of the U.S.

Although these are the average rates for auto insurance in Providence, it's important to remember that you could end up paying something different. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining the bill you'll see each month.

But don't worry, we've broken down the average rate for Providence residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$308
25-34$197
35-44$190
45-54Not Enough Data
55-64$187
65+$196

Generally, the older you are, the more experienced you are on the roads. That experience pays off when it comes to auto insurance. As you can see, 18-24-year-olds pay significantly more than someone who is retirement aged.

You can expect to see your monthly premium drop every 10 years or so. Having said that, once you approach retirement age your rates may creep back up in Providence.

Average Car Insurance Rates by Gender

Gender Average
Male$218
Female$232

Despite the national trend of women paying less than men to insure their vehicle, in Providence men actually pay $218 per month for coverage while women pay $232.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$287
Multiple Accidents$143
1 Ticket$355
Multiple TicketsNot Enough Data

Your driving record can have a tremendous impact on your car insurance rates. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Providence, having a single accident on your record will usually get you rates around $287 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $355.

Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. So, if cheap car insurance is something you're after, drive safely and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$286
2-3 Years$173
4-5 Years$246
6-7 Years$250
8-10 Years$209
11-14 Years$235
15 Years or Older$220

According to the first table above, the cheapest vehicles to insure in Providence are usually trucks and vans, at $192 per month.

SUV drivers will see rates of about $234, while the rates for car owners average out to about $223 per month.

Vehicle age also plays a role in your monthly payment. Generally, the most expensive vehicles to insure are going to be newer ones. However, once your car is about 5 years old, you may start to see your monthly premium drop back down. The most expensive vehicles to insure in Providence are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$227
Married$220
Divorced$230
Widowed$100

On average, people who are married will pay slightly less for auto insurance. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.

At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Providence as well, where the difference is around $7 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$174
Rent$249
Live with parents$211

Another factor that comes into play is your housing status. Homeowners in Providence can expect to pay around $75 a month less than those who rent. But if you live with your parents, you can expect to pay a lot more.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your average costs, depending on your insurance company.

Car Insurance Companies in Providence, RI

Recent trends in car insurance for Providence drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

Car insurance rates in Providence have been steadily increasing, reaching a high of $286 in 2021.

How does Providence compare to neighboring areas?

Why are car insurance rates in Providence different from other areas?

Car insurance companies will take into account numerous factors when deciding how much to charge for a policy. While we mentioned the factors that affect your personal policy, others are based around where you park your car. These include things like:

  • Regional regulations
  • Off-street parking availability
  • Prevalence of crime
  • Road Safety (frequency of local car accidents)
  • Total number of drivers in the area

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Get started with a guide like this to get familiar with the average rates of your area.

How can I find the cheapest car insurance in Providence?

While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Good news! Compare.com can handle all of this for you. Just put in your ZIP below, answer a few questions on you and your car, and you'll be quickly comparing the cheapest quotes from the many car insurance companies that offer plans in Providence.

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Providence Insurance FAQs

What factors affect car insurance quotes in Providence?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your gender and age but also factors like your vehicle's year, make and model, plus your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Providence different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, crime rates, and local laws when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Providence?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Providence?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

Do I need to wait for my policy to expire to switch to a different car insurance company?

Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Providence or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.

Find your best rate in just a few minutes