Rivian R1S Insurance Cost for 2023

How much is insurance for a Rivian R1S?

From the Adventure Dual-Motor Standard model to the Adventure Quad-Motor Large trim level, we break down insurance rates on the R1S to find out how average policy premiums ranks against the rest of the midsize SUV segment.

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  • Car insurance on a Rivian R1S costs around $2,160 per year, $1,080 for a 6-month policy, or around $180 per month.
  • The cheapest trim level of Rivian R1S to insure is the Adventure Dual-Motor Standard model at $2,084 per year.
  • Ranked 31st out of 31 vehicles in the midsize SUV segment, average car insurance rates for the Rivian R1S cost $436 more per year than the segment average.

How much does Rivian R1S insurance cost?

Rivian R1S insurance averages $2,160 per year. Cost per month ranges from $174 to $186, depending on the trim level being insured. The cheapest Adventure Dual-Motor Standard trim (MSRP of $78,000) is the cheapest model to insure, while the more expensive Adventure Quad-Motor Large model (MSRP of $92,000) costs the most to insure.

The cost summary chart below shows average yearly car insurance rates for a R1S using a variety of different risk scenarios.

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Chart Data Details: Average rates are for a 2023 model year Rivian R1S with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Rivian R1S trim levels.Data last updated on December 30, 2022
Rivian R1S Insurance Cost Summary
2023 Rivian R1S Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,870$406
Safe Driver Age 20$4,268$356
At-fault Accidents Age 40$3,018$252
Low Deductibles Age 40$2,858$238
Safe Driver Age 30$2,286$191
Safe Driver Age 40$2,160$180
Safe Driver Age 50$1,960$163
Safe Driver Age 60$1,922$160
High Deductibles Age 40$1,798$150
Discount Rate Age 40$1,792$149

The rate table below details the estimated annual and 6-month policy costs, in addition to a monthly budget estimate, for the Explore and Adventure R1S models.

2023 Rivian R1S Insurance Cost by Trim Level
Rivian R1S Trim Level Annual Policy Six-Month Policy Per Month
Adventure Dual-Motor Standard$2,084$1,042$174
Adventure Dual-Motor Large$2,154$1,077$180
Adventure Quad-Motor Large$2,236$1,118$186

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Rivian R1S, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Rivian R1S Insurance Cost by Trim Level

How do Rivian R1S insurance prices compare?

When compared to other midsize SUVs, insurance rates for a Rivian R1S cost $284 more per year than the Jeep Grand Cherokee, $398 more than the Toyota Highlander, and $190 more than the Tesla Model Y.

The Rivian R1S ranks 31st out of 31 total vehicles in the 2023 midsize SUV segment for car insurance affordability. The R1S costs an average of $2,160 per year for a car insurance policy with full coverage, while the category median price is $1,724 per year, a difference of $436 per year.

The following table shows how car insurance rates for a Rivian R1S compare to the rest of the midsize SUV market, including the Tesla Model Y.

Insurance Cost Comparison: Rivian R1S vs Midsize SUVs
Rank Make/Model Insurance Cost Difference
1Honda Passport$1,368-$792
2Subaru Ascent$1,434-$726
3Ford Edge$1,494-$666
4Ford Explorer$1,504-$656
5Volkswagen Atlas$1,506-$654
6Nissan Murano$1,516-$644
7Subaru Outback$1,518-$642
8Volkswagen Atlas Cross Sport$1,576-$584
9Toyota Venza$1,608-$552
10Kia Sorento$1,618-$542
11Hyundai Palisade$1,638-$522
12Toyota 4Runner$1,654-$506
13GMC Acadia$1,682-$478
14Chevrolet Traverse$1,684-$476
15Honda Pilot$1,696-$464
16Buick Enclave$1,702-$458
17Nissan Pathfinder$1,712-$448
18Mazda CX-9$1,720-$440
19Mitsubishi Outlander Sport$1,744-$416
20Kia Telluride$1,754-$406
21Toyota Highlander$1,762-$398
22Chevrolet Blazer$1,786-$374
23Hyundai Santa Fe$1,810-$350
24Jeep Grand Cherokee$1,876-$284
25Jeep Cherokee$1,914-$246
26Jeep Wrangler$1,952-$208
27Ford Bronco$1,962-$198
28Tesla Model Y$1,970-$190
29Mitsubishi Outlander PHEV$2,018-$142
30Dodge Durango$2,102-$58
31Rivian R1S$2,160--

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Rivian R1S vs Midsize SUVs