Car Insurance in Providence, RI – 2024 Cheapest Rates + Rankings

• Providence car insurance cost averages $3,062 per year, or around $255 per month, for a full-coverage policy.
• For cheap car insurance in Providence, small SUV models like the Subaru Crosstrek, Chevrolet Trailblazer, and Buick Envision rank well for overall auto insurance cost.
• Models with the cheapest auto insurance in Providence for their respective segments include the Hyundai Ioniq 6 ($2,814 per year), Chevrolet Tahoe ($2,874 per year), Acura RDX ($2,560 per year), and Toyota GR Corolla ($2,660 per year).
• Auto insurance quotes in Providence can range significantly from as low as $26 per month for minimum liability limits to well over $716 per month for teenage drivers and high-risk drivers.

How much does car insurance cost in Providence?

Average auto insurance cost in Providence is $3,062 per year, which is 47.7% more than the overall U.S. national average rate of $1,883. Car insurance in Providence per month costs approximately $255 per month for full coverage.

In the state of Rhode Island, average auto insurance cost is $2,326 per year, so the average cost in Providence is $736 more per year. When compared to other locations in Rhode Island, the average cost to insure a car in Providence is approximately $450 per year more expensive than in East Providence, $616 per year more than in Warwick, and $178 per year more than in Cranston.

The age of the rated driver significantly impacts the price of auto insurance, so the list below illustrates this by showing the difference in average car insurance rates for drivers from 16 to 60.

Average cost of car insurance in Providence for drivers age 16 to 60

• 16 year old – $10,895 per year or $908 per month
• 17 year old – $10,557 per year or $880 per month
• 18 year old – $9,460 per year or $788 per month
• 19 year old – $8,615 per year or $718 per month
• 20 year old – $6,154 per year or $513 per month
• 30 year old – $3,266 per year or $272 per month
• 40 year old – $3,062 per year or $255 per month
• 50 year old – $2,710 per year or $226 per month
• 60 year old – $2,540 per year or $212 per month

The chart below shows examples of average Providence car insurance cost. Rates are averaged for all Providence Zip Codes and shown based on a number of different driver ages, risk profiles, and policy deductibles.

Average rates in the chart above range from $2,542 per year for a 40-year-old driver who qualifies for most policy discounts to $7,036 per year for a 20-year-old driver with too many violations and accidents. In this article, the rate used to compare the cost between models and locations is the 40-year-old safe driver rate, which has an average cost of $3,062 per year in Providence.

As a monthly amount, the average cost to insure a car in Providence ranges from $212 to $586 for the risk profiles shown in the chart above.

Providence car insurance rates have extreme variability and small changes in personal situations can cause significant price changes. The likelihood of significant rate variability reinforces the need for accurate auto insurance quotes when trying to find more affordable car insurance.

The models that sell well in Providence tend to be compact or midsize cars like the Honda Civic and Kia K5 and small or midsize SUVs like the Toyota RAV4, Nissan Rogue, and Toyota Highlander.

A few additional popular models from different automotive segments include luxury cars like the Tesla Model S, Acura ILX, and Lexus ES 350, luxury SUVs like the Acura MDX, Lexus RX 350, and Infiniti QX60, and pickup trucks like the Ram 1500, Toyota Tacoma, and Ford F-150.

We explore rates for many more vehicles in a little bit, but before we do that, let’s quickly review the concepts we covered so far.

• Low deductible car insurance costs more – A 30-year-old driver pays an average of $832 more per year for $250 deductibles compared to $1,000 deductibles.
• Insurance rates decrease significantly from age 20 to 30 – The average 30-year-old Providence driver will pay $2,888 less each year than a 20-year-old driver, $3,266 versus $6,154.
• Average car insurance cost per month ranges from $212 to $908 – That is the average car insurance price range for drivers age 16 to 60 in Providence.
• Insurance for a teenager is expensive – Cost ranges from $7,282 to $10,895 per year to insure a teenager in Providence.
• Car insurance costs less the older you are – Average rates for a 60-year-old driver in Providence are $3,614 per year cheaper than for a 20-year-old driver.
• Providence average car insurance cost is more than the U.S. average – $3,062 (Providence average) versus $1,883 (U.S. average)

Which vehicles cost the least to insure in Providence?

From an overall standpoint, the models with the lowest cost average insurance quotes in Providence, RI, tend to be compact SUVs like the Chevrolet Trailblazer, Kia Soul, and Nissan Kicks. Average auto insurance rates for those models cost $2,484 or less per year ($207 per month) for full coverage car insurance.

Additional vehicles that are highly ranked in the cost comparison table below are the Volkswagen Tiguan, Kia Niro, Chevrolet Colorado, and Acura RDX.

The average rates are a little bit more for those models than the cheapest small SUVs and crossovers that rank near the top, but they still have an average insurance cost of $2,624 or less per year, or $219 per month in Providence.

The table below shows the 30 cars, trucks, and SUVs with the cheapest insurance rates in Providence, ordered by cost.

A list of 30 vehicles with the cheapest insurance in Providence is not really the best way to show the full picture of the cost of auto insurance. Due to the fact that we track over 700 vehicles, less than 4% of makes and models are shown in the table. Let’s take a different approach and reorganize the models with the cheapest rates in a more sensible format.

The section below goes into detail about the cost of insurance based on different automotive segments. The rates shown in the chart should provide a better idea of which automotive segments have the overall most affordable auto insurance rates in Providence. If you read beyond the chart, the next six sections rank the top 20 cheapest models for each segment.

Providence auto insurance rates by vehicle segment

When shopping for a new or used vehicle, it’s a good idea to have a basic understanding of which kinds of vehicles have more affordable car insurance rates in Providence. As an example, maybe you want to know if midsize SUVs have cheaper auto insurance than full-size SUVs or if luxury models cost more to insure than regular vehicles.

The next chart displays average car insurance cost by vehicle segment in Providence. From a segment comparison perspective, small SUVs, vans, and midsize pickups have the most affordable average auto insurance rates, while large luxury, performance, and sports cars have the most expensive overall car insurance rates.

Average rates by segment are suitable for getting an initial comparison, but rates range significantly within each segment shown in the previous chart.

For example, in the small SUV segment, Providence insurance rates range from the Subaru Crosstrek at $2,262 per year for full coverage insurance to the Ford Mustang Mach-E at $3,580 per year, a difference of $1,318 within that segment.

In the large luxury SUV segment, the average insurance cost ranges from the Infiniti QX80 costing $3,432 per year to the Mercedes-Benz G63 AMG costing $6,576 per year, a difference of $3,144 within that segment.

In the next sections, we eliminate much of the variability by analyzing the cost of car insurance in Providence for individual vehicles.

Cheapest car insurance rates in Providence

Taking the top ranking in Providence for the lowest-cost average insurance in the sedan and hatchback segment is the Toyota GR Corolla, costing $2,660 per year. Second place is the Nissan Leaf at $2,680 per year, ranking third is the Honda Civic, costing an average of $2,708 per year, and the fourth cheapest is the Nissan Sentra, at an average of $2,806 per year.

Not the cheapest cars to insure, but still very reasonable, are cars like the Kia K5, Honda Accord, Chevrolet Malibu, and Hyundai Ioniq 6, with an average cost to insure of $2,968 per year or less.

In the lower half of the top 20 cars to insure, models like the Kia Forte, Subaru Legacy, Volkswagen Jetta, Toyota Crown, Nissan Versa, and Hyundai Sonata cost between $2,968 and $3,164 per year for insurance in Providence.

As a cost per month, full-coverage insurance on this segment in Providence can cost as low as $222 per month, depending on your company and location.

If insurance rates are ranked by vehicle size, the most budget-friendly non-luxury compact car to insure in Providence is the Toyota GR Corolla at $2,660 per year, or $222 per month. For midsize cars, the Hyundai Ioniq 6 has the cheapest rates at $2,814 per year, or $235 per month. And for large cars, the Chrysler 300 is most affordable to insure at $2,904 per year, or $242 per month.

The next table ranks the twenty cars with the cheapest average car insurance rates in Providence, starting with the Toyota GR Corolla at $222 per month and ending with the Mazda 3 at $264 per month.

See our guides for compact car insurance, midsize car insurance, and full-size car insurance to compare rates for all makes and models.

Looking for rates for a different vehicle? No problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get cheap Providence car insurance quotes from top-rated companies in Rhode Island.

Cheapest SUV insurance rates in Providence

The Subaru Crosstrek takes the #1 ranking as the cheapest SUV to insure in Providence, followed closely by the Chevrolet Trailblazer, Kia Soul, Nissan Kicks, and Honda Passport. The 2024 model averages $2,262 per year for full-coverage auto insurance.

Also ranking well in our comparison are SUVs like the Mazda CX-5, Hyundai Venue, Buick Envision, and Ford Bronco Sport, with an average cost to insure of $2,506 per year or less.

Ranked in the lower half of the top 20, models like the Buick Envista, Honda CR-V, Nissan Murano, Subaru Outback, Kia Niro, and Volkswagen Tiguan average between $2,506 and $2,664 per year to insure.

Car insurance for this segment in Providence for an average middle-age driver starts at an average of $189 per month, depending on the company. The rate comparison table below ranks the twenty SUVs with the lowest-cost average car insurance rates in Providence, starting with the Subaru Crosstrek at $2,262 per year ($189 per month) and ending with the Honda HR-V at $2,664 per year ($222 per month).

See our comprehensive guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view data for vehicles not featured in the table.

Is your SUV missing from the table above? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Providence car insurance quotes from top-rated auto insurance companies in Rhode Island.

Cheapest luxury cars to insure in Providence

The lowest-cost luxury cars to insure in Providence are the Acura Integra at $2,722 per year, the BMW 330i at $3,116 per year, and the Mercedes-Benz CLA250 at $3,148 per year.

Also ranking in the top 10 are cars like the Cadillac CT4, Lexus ES 350, Lexus RC 300, and Mercedes-Benz AMG CLA35, with average annual insurance rates of $3,216 per year or less.

Some additional vehicles worth mentioning include the Jaguar XF, Lexus ES 250, Cadillac CT5, Lexus RC 350, and BMW 228i, which cost between $3,216 and $3,432 per year for insurance.

From a cost per month standpoint, full-coverage insurance on this segment in Providence for a middle-age safe driver starts at around $227 per month, depending on where you live and the company you use.

The most affordable small luxury car to insure in Providence is the Acura Integra at $2,722 per year. For midsize luxury cars, the Mercedes-Benz CLA250 is cheapest to insure at $3,148 per year. And for large luxury cars, the Audi A5 has the most affordable rates at $3,622 per year.

The table below ranks the twenty luxury cars with the cheapest insurance rates in Providence, starting with the Acura Integra at $2,722 per year and ending with the Audi S3 at $3,432 per year.

For all luxury car insurance comparisons, see our full luxury car insurance guide.

Don’t see rates for your luxury car? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Providence car insurance quotes from the best companies in Rhode Island.

Cheapest luxury SUVs to insure in Providence

The Acura RDX ranks in the top spot for the cheapest luxury SUV model to insure in Providence, followed by the Lexus NX 250, Cadillac XT4, Jaguar E-Pace, and Cadillac XT5. The 2024 model has an average cost of $2,560 per year to insure for full coverage.

Some other luxury SUVs that have good average insurance rates are the Lexus NX 450h, Lexus UX 250h, Mercedes-Benz GLB 250, and Lexus NX 350h, with average annual insurance rates of $2,952 per year or less.

Some additional luxury SUVs that made the list include the Infiniti QX50, Lexus NX 350, Acura MDX, Cadillac XT6, and Mercedes-Benz AMG GLB35, which average between $2,952 and $3,068 per year for insurance in Providence.

Full-coverage insurance in this segment for a safe driver starts at an average of $213 per month, depending on the company and where you live.

The cheapest compact luxury SUV to insure in Providence is the Acura RDX at $2,560 per year. For midsize luxury SUVs, the Jaguar E-Pace is cheapest to insure at $2,862 per year. And for large luxury SUVs, the Infiniti QX80 is cheapest to insure at $3,432 per year.

The next table ranks the twenty SUVs with the most affordable average insurance rates in Providence, starting with the Acura RDX at $2,560 per year ($213 per month) and ending with the Lexus NX 350 at $3,068 per year ($256 per month).

See our guide for luxury SUV insurance to view luxury vehicles not shown in the table.

Need rates for a different luxury SUV? That’s no problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top companies in Rhode Island.

Cheapest sports car insurance rates in Providence

Ranking highest for the lowest-cost Providence auto insurance rates in the performance and sports car segment are the BMW Z4, Mazda MX-5 Miata, Ford Mustang, Toyota GR86, and Subaru WRX. Auto insurance prices for these vehicles average $286 or less per month.

Additional models that have cheaper rates include the Subaru BRZ, Toyota GR Supra, Nissan Z, and Lexus RC F, with average cost of $3,658 per year or less.

Some additional cars on the list include the Porsche 911, Chevrolet Corvette, Jaguar F-Type, and Chevrolet Camaro, which cost between $3,658 and $5,182 per year for insurance in Providence.

As a cost per month, auto insurance rates on this segment in Providence for a safe driver starts at around $236 per month, depending on your location and insurance company.

The comparison table below ranks the sports cars with the cheapest auto insurance rates in Providence, starting with the Mazda MX-5 Miata at $236 per month and ending with the Porsche Taycan at $432 per month.

Don’t see your sports car in the list? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best auto insurance companies in Rhode Island.

Cheapest pickup trucks to insure in Providence

The top-ranked vehicle in Providence for cheapest average insurance in the pickup segment is the Chevrolet Colorado, costing $2,616 per year. Second place is the Nissan Titan at $2,862 per year, coming in third is the Nissan Frontier, at an average of $2,890 per year, and the fourth cheapest is the Ford Ranger, at an average of $2,924 per year.

Also ranking well in our comparison are models like the Toyota Tacoma, Hyundai Santa Cruz, GMC Canyon, and Honda Ridgeline, with average cost of $3,148 per year or less.

Auto insurance for this segment in Providence for a good driver starts at an average of $218 per month, depending on your company and location.

The next table ranks the twenty pickups with the most affordable car insurance rates in Providence, starting with the Chevrolet Colorado at $2,616 per year ($218 per month) and ending with the Ram Truck at $3,538 per year ($295 per month).

See our guides for midsize pickup insurance and large pickup insurance to compare rates for all truck makes and models.

Looking for rates for a different pickup? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Providence car insurance quotes from top-rated auto insurance companies in Rhode Island.

Tips for getting cheaper Providence car insurance quotes

Shrewd drivers in Providence should always be thinking of ways to cut the monthly cost of auto insurance So look through the tips and ideas in the list below and maybe you can save some money the next time you need to insure a vehicle.

• Car insurance is cheaper with higher deductibles. Increasing your deductibles from $500 to $1,000 could save around $300 per year for a 40-year-old driver and $588 per year for a 20-year-old driver.
• Save money due to your employer. Just about all auto insurance companies offer discounts for specific professions like members of the military, lawyers, scientists, college professors, doctors, and others. Qualifying for this discount could potentially save between $92 and $297 on your car insurance bill, depending on the age of the rated driver.
• Compare car insurance quote before buying a car. Different cars, and even different trim levels of the same car, can have significantly different car insurance premiums, and car insurance companies can charge widely varying rates. Get multiple insurance quotes before you upgrade you car in order to prevent insurance sticker shock when you get the bill.
• Reduce coverage on older cars. Deleting physical damage coverage from vehicles whose low value makes coverage cost prohibitive can cheapen the cost substantially.
• Shop around for a better deal. Setting aside 5-10 minutes to get some free car insurance quotes is a great way to save money. Rates change often and you can change companies at any time.
• Choose vehicles that have low cost auto insurance. The vehicle you drive is one of the primary factors in the price you pay for car insurance. As an example, a Honda CR-V costs $3,346 less per year to insure in Providence than a Nissan GT-R. Less performance equals cheaper auto insurance rates.
• Find cheaper rates by qualifying for discounts. Discounts may be available if the policyholders are good students, sign their policy early, are claim-free, drive a vehicle with safety or anti-theft features, belong to certain professional organizations, or many other discounts which could save the average Providence driver as much as $520 per year on their insurance cost.