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If you live in a condo, your homeowners association is responsible for insuring the building and common areas, but it won’t cover your personal property if it gets destroyed or damaged. To protect your belongings, you’ll need to buy condo insurance, also known as HO-6 insurance.

The average condo insurance cost in Rhode Island is $486 annually. However, your rates will vary depending on the coverage limit, zip code, and the insurance company you choose.

Read this guide to compare quotes from major insurance companies and find out which carrier offers the best rates for condo insurance in Rhode Island.

  • Condo owners in Rhode Island pay an average of $486 per year or $41 per month in condo(HO6) insurance.
  • Narragansett Bay Ins Co is the cheapest condo insurance company in Rhode Island at only $197 per year.

Best condo insurance companies in Rhode Island

In Rhode Island, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, J.D Power score and customer satisfaction rating of all the major insurers across Rhode Island. Below are the best condo insurance companies in Rhode Island based on's analysis.

  • Amica
  • State Farm
  • Allstate
  • Nationwide
  • Liberty Mutual

Compare best condo insurance companies in Rhode Island

While looking for a condo insurance policy cost is important, but it shouldn't be the only thing to consider when buying condominium insurance. You should take into account the insurance company's customer service, financial stability, and claims handling.

Our team of experts has analyzed major insurance carriers across Rhode Island using their J.D. Power score and AM Best rating. Based on's analysis, Amica tops the list of the best condo insurance companies with a J.D. Power score of 854 out of 1000.

With a J.D. power score of 835, State Farm ranks second on our list. If not Amica, State Farm is another great option for purchasing condominium insurance. Below we provide a list of the best condo insurance companies in Rhode Island along with their J.D. Power score and AM Best rating.

CompanyJ.D. Power scoreAM Best rating
State Farm835A++
Liberty Mutual806A

Average cost of condo insurance in Rhode Island

The average cost of condo insurance in Rhode Island is $486 a year or $41 per month. This rate is for the coverage level of $40,000 in personal property, $100,000 for liability protection with a $1000 deductible. Condo insurance rates can be as low as $29 or as high as $130 a month, depending on your location among other factors.

Average annual premiumAverage monthly premium


Average condo insurance rates in RHODE ISLAND

2909 - Providence
Personal Property Coverage $60,000, Deductible $1,000 and Liability $100,000.



Most & least expensive zip codes for condo insurance in Rhode Island

Most Expensive

Zip CodeCityHighest Rate
02807Block Island$619

Least Expensive

Zip CodeCityLowest Rate
02852North Kingstown$525
02872Prudence Island$528

Condo insurance rates by companies in Rhode Island

As we have mentioned above, your condo insurance rates vary depending on the insurance carrier you choose. Based on's rate analysis, Narragansett Bay Ins Co offers the most affordable rate for condo insurance in Rhode Island at an average cost of $197 per year. That's $289 less expensive annually than the state average of ($486).

Compare the best condo insurance companies in Rhode Island using their average annual premium mentioned below.

CompanyAverage annual premium
Narragansett Bay Ins Co$197
State Farm$407
Liberty Mutual$808

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