Best home insurance company in Rhode Island: AIG and Amica
The best home insurance companies in Rhode Island for 2026 are AIG and Amica. Andover Insurance, Farmers, and Heritage Insurance Holdings are among the top home insurance companies in Rhode Island based on price, NAIC complaints, and AM Best financial ratings.
The total Insurance.com score is calculated out of five using these factors.
Cheapest home insurance company in Rhode Island: State Farm
Below are Rhode Island home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see State Farm has the most affordable rates for all coverage levels.
| Company | $200,000 | $300,000 | $400,000 | $600,000 | $1,000,000 |
|---|---|---|---|---|---|
| AIG | $1,580 | $1,897 | $2,321 | $3,161 | $4,523 |
| Allstate | $2,346 | $2,804 | $3,248 | $4,457 | $5,952 |
| Amica | $1,297 | $1,743 | $2,146 | $2,959 | $4,122 |
| Andover Insurance | $2,622 | $3,267 | $3,737 | $5,088 | $6,819 |
| Farmers | $1,831 | $3,034 | $4,049 | $6,229 | $10,392 |
| Heritage Insurance Holdings | $2,251 | $3,084 | $3,895 | $5,566 | $8,404 |
| Nationwide | $1,779 | $2,424 | $3,030 | $4,219 | $6,319 |
| State Farm | $1,050 | $1,321 | $1,575 | $2,016 | $2,676 |
| Tokio Marine Holdings | $1,305 | $1,880 | $2,454 | $3,649 | $4,506 |
*USAA only provides coverage to military members, veterans and their families.
Average home insurance cost in Rhode Island
The average cost of homeowners insurance in Rhode Island is $2,379 a year or $198 a month. This is based on coverage of:
- $300,000 dwelling
- $300,000 liability
- $1,000 deductible
- 2% hurricane deductible
However, the average annual premium varies by the insurance company, your ZIP code, coverage type, your home's age, among other factors. It’s a good idea to compare price quotes from different Rhode Island homeowners insurance companies to get the best deal.
Rhode Island home insurance rates by ZIP code
Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Rhode Island to see which areas are the most and least expensive.
Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.
Home insurance calculator by ZIP code
Average home insurance rates in TexasMost & least expensive ZIP codes for homeowners insurance in Texas
| ZIP code | City | Highest rate |
|---|---|---|
| 77550 | Galveston | $10,407 |
| 77554 | Galveston | $9,754 |
| 77551 | Galveston | $9,634 |
| 77590 | Texas City | $9,005 |
| ZIP code | City | Lowest rate |
|---|---|---|
| 79915 | El Paso | $1,158 |
| 79905 | El Paso | $1,169 |
| 79907 | El Paso | $1,179 |
| 79916 | Fort Bliss | $1,180 |
The Rhode Island Division of Insurance says...
Most mortgage lenders require you to have insurance while you have a mortgage and to list them as the mortgagee on the policy. If you let your homeowner's insurance lapse your mortgage lender will likely force your home to be insured and you are likely responsible for this cost. Compared to a policy you would buy on your own, the premium for the policy they purchase might be more costly and the coverage is only for damage to the actual structure of your home.
- The Rhode Island Division of InsuranceThe most expensive ZIP codes in Rhode Island for home insurance
Rhode Island homeowners insurance rates are the most expensive for ZIP code 02882, with an average annual cost of $2,853.
The most expensive ZIP codes in Rhode Island are:
| City | ZIP code | Average Annual Premium |
|---|---|---|
| Narragansett | 2882 | $2,853 |
| Newport | 2841 | $2,798 |
| Newport | 2840 | $2,729 |
| Little Compton | 2837 | $2,663 |
| Westerly | 2891 | $2,651 |
| Adamsville | 2801 | $2,649 |
| Prudence Island | 2872 | $2,648 |
| Newport East | 2842 | $2,619 |
| Providence | 2907 | $2,590 |
| Charlestown | 2813 | $2,582 |
The least expensive ZIP codes in Rhode Island for home insurance
The cheapest ZIP codes for home insurance in Rhode Island are:
| City | ZIP code | Average Annual Premium |
|---|---|---|
| Carolina | 2812 | $2,100 |
| Hopkinton | 2833 | $2,108 |
| Exeter | 2822 | $2,143 |
| Forestdale | 2824 | $2,172 |
| Cumberland | 2864 | $2,174 |
| Slatersville | 2876 | $2,186 |
| Oakland | 2858 | $2,192 |
| Harrisville | 2830 | $2,194 |
| North Smithfield | 2896 | $2,196 |
| Lincoln | 2865 | $2,202 |
Rhode Island homeowners insurance rates by county
Home insurance rates in Rhode Island vary by county. Take a look at the average rates by county in Rhode Island below to see how costs compare.
| County | Average annual premium | Average monthly premium |
|---|---|---|
| Bristol | $2,259 | $188 |
| Kent | $2,378 | $198 |
| Newport | $2,620 | $218 |
| Providence | $2,332 | $194 |
| Washington | $2,387 | $199 |
Compare homeowners insurance rates by city in Rhode Island
Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Rhode Island.
City Annual insurance premium
Methodology
Insurance.com worked with Quadrant Information Services to field homeowners insurance rates in all 50 states and Washington, D.C. We analyzed 37,973,840 insurance quotes from 134 insurance companies across 34,595 ZIP codes to determine the average premiums.
The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:
- $300,000 dwelling coverage
- $300,000 liability protection
- $1,000 deductible
- 2% hurricane deductible where appropriate.
To rank insurance companies, we used three important factors: average annual cost, NAIC complaint ratio and AM Best financial stability rating. Find the full best insurance companies rating methodology here. The quoted insurance rates are for comparison purposes, and your rates will vary.
Compare Rhode Island homeowners insurance rates with other states
