The Best Homeowners Insurance in Rhode Island [2023]


Find a top-ranked Homeowners Insurance Agency in your area

Although Rhode Island is the smallest state in the United States, its five counties offer major incentives for home buyers. Rhode Island is well known for its awe-inspiring beaches and coastline views, vibrant city life and rich history–all in a close proximity for its residents. From charming and walkable island towns to prestigious schools and universities, the Ocean State offers its residents tight-knit communities that help make any house a home. 

With all the benefits that come with living by the coastline, the state is prone to natural disasters like hurricanes and flash floods, so it's important to know how best to protect your home and belongings.

If you own a home or are thinking of buying in Rhode Island, it’s important to compare homeowners insurance rates and find the coverage that works best for you. 

We at have analyzed a handful of insurance companies. We’ll uncover everything to know about homeowners insurance in Rhode Island and help you find the most comprehensive, cheapest coverage to suit your needs.

Average Cost of Homeowners Insurance in Rhode Island

According to, the average cost of homeowners insurance in Rhode Island is $2,125 a year —only $180 higher than the national average of $2,305. This amount can vary for Rhode Island residents depending on the type of coverage you need and where your home is located. Other factors that can determine your home insurance rates in Rhode Island include property value and local crime rates.

The cost of homeowners insurance in Rhode Island can differ vastly based on a few key factors:

  • The age of your home: Is your Rhode Island home an older home that is at risk of more structural wear and tear?

  • The square footage of your home: How big is your home? In general, larger homes will cost more to insure.

  • The materials used to build your home: Was your Rhode Island home built using materials prone to things like rotting or structural damage?

  • Building costs in your area: Because insurance deals with repairs and replacement, coverage increases with increased building costs.

  • The location in which you live: What are crime rates like? How close are you to a fire department? How close are you to water?

  • Any additional features: Does your house have a swimming pool or hot tub that could pose a potential risk to guests? Do you have pets, and if so, what are their breeds? Surprisingly, insurers will look at these things when assessing prices.

  • Your deductible: A higher deductible will decrease your premium, but could cost you more if you file a claim. Talk to your insurance provider about diminishing deductibles to get the best plan that suits your payment needs.

Rhode Island Homeowners Insurance Rates by City

Like most states, the cost of your homeowners insurance policy can vary greatly depending on where you live. 

Below is a breakdown of the average annual rate by city. 


Average annual rate





West Greenwich


The Best Homeowners Insurance in Rhode Island

After extensive research, we at found the following insurance agencies to provide the best, comprehensive coverage in Rhode Island:

Nationwide logo


Average Annual Rate: ~ $1,171

Notes: Best for add-on coverage

Amica Logo


Average Annual Rate: ~ $1,435

Notes: Best for service quality and expensive homes

Allstate logo


Average Annual Rate: ~ $1,309

Notes: Best for bundling

State Farm logo

State Farm

Average Annual Rate: ~ $616

Notes: Best on a budget



Average Annual Rate: ~ $1,795

Notes: Best for customer service

Cheapest Homeowners Insurance in Rhode Island

According to, the cheapest homeowners insurance coverage in Rhode Island is United. The company’s average annual premium for Rhode Island residents is $1,210 per year which is $915 less than the state average.

It’s important to remember that prices vary depending on each person’s unique scenario, but if cost is the most important variable for you, check United's coverage options first. 

Searching on phone

Find Cheap Homeowners Insurance in Your Area


Below, we tackle some common questions to help you make a more informed decision about which Rhode Island home insurance to choose specifically. 

How to Reduce Homeowners Insurance Costs in Rhode Island

As we’ve pointed out, the price you pay for homeowners insurance can vary substantially across insurers. 

Here are a few ways to reduce costs:

  • Increase your deductible. This will help reduce monthly costs to your insurer, but it may mean paying more out of pocket should you need to make a claim. Similarly, paying your 6-month or 1-year premium in full will drive down monthly costs.

  • Bundle policies. Bundling your home and auto insurance can help you save 5–15% on your premiums. Talk to your insurance provider about home and car insurance bundling options and how that helps you save.

  • Take the necessary steps to make your home disaster-resistant. Some examples include:

    • Install a smoke detector and/or fire alarm.

    • Get a burglar alarm and/or dead-bolt locks.

    • Install a sprinkler system.

  • Nix the high-risk accessories. Similar to the above point, rid your home of things that are considered “high risk.” For example, did the kids go off to college? Time to throw out that trampoline that’s sitting in the backyard.

  • Seek out other discounts. Some things to look into:

    • Do you work from home? Insurance providers may feel you’re less prone to theft or may spot a fire or flood sooner.

    • Are you retired? You may qualify for a discount. 

    • Does your employer offer a group deal?

    • Even something as simple as choosing paperless billing can help you save!

  • Keep good credit. Some agencies will look at your credit history and charge less for those with good financial strength and standings.

As always, consult your insurance agent to see which of the above discounts you qualify for.

Rhode Island Insurance Options In Your City

At, our goal is to connect Rhode Island residents with the best local experts and agencies, so you can find the home insurance policy that safely insures your home and most prized possessions. 

View our list of the four best homeowners insurance companies in Rhode Island here

Learn more about the best homeowners insurance options in your respective Rhode Island cities below:

Our methodology evaluates each provider based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.