Rivian R1T Car Insurance Rates for 2023

• The average Rivian R1T insurance cost is $2,254 per year, or $188 per month for full coverage.
• The R1T Adventure Dual-Motor Standard model is the cheapest to insure at around $2,120 per year. The most expensive trim is the Adventure Quad-Motor Max at $2,368 per year.
• The Rivian R1T is one of the more expensive midsize trucks to insure, costing $543 more per year on average as compared to the rest of the vehicles in the segment.

How much does Rivian R1T insurance cost?

Rivian R1T insurance averages around $2,254 annually for full coverage. With MSRP ranging from $73,000 to $97,000 for the 2023 model, monthly insurance rates range from $177 to $197.

The next chart details how R1T insurance prices can be vary based on different driver ages and policy deductible amounts. Average insurance cost for a 2023 R1T in the example below ranges from $1,672 per year for a 60-year-old driver with $1,000 deductibles to $5,230 per year for a 20-year-old driver with a low-deductible policy.

As mentioned above, the cost of insurance depends on the trim level of R1T you’re insuring. The less-expensive (relatively) Explore model has the cheapest average rates, while the most expensive Adventure model with the Max battery has the highest rates.

Where does R1T insurance cost rank?

The Rivian R1T ranks 10^th out of 10 comparison vehicles in the midsize truck category for car insurance affordability. The R1T has an average yearly insurance cost of $2,254 per year while the average cost for the mid-size truck segment is $1,711 annually, a difference of $543 per year.

Average auto insurance rates for a Rivian R1T cost $596 more per year than the Toyota Tacoma, $748 more than the Chevrolet Colorado, and $644 more than the Ford Ranger.

The following table shows how average R1T car insurance rates compare to the rest of the 2023 mid-size pickup segment. We also include compact trucks in this comparison, as currently there are only two models, the Ford Maverick and Hyundai Santa Cruz.