Best Rhode Island Homeowners Insurance Agents & Brokers (2024)
Find the best homeowners insurance agents & brokers in Rhode Island who provide expert guidance, personalized service, and comprehensive coverage options. Our trusted professionals are here to help you protect your home and belongings. Get peace of mind with the right insurance solution tailored to your unique needs. Contact us today for a free consultation and secure your home against unforeseen risks.
Read moreFree Home Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
Licensed Insurance Agent
UPDATED: Dec 28, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Dec 28, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Welcome to our comprehensive guide on finding the best Rhode Island homeowners insurance agents & brokers. If you’re a homeowner in the beautiful state of Rhode Island, it’s essential to protect your investment with the right insurance coverage.
In this article, we will explore the key factors to consider when selecting insurance agents and brokers, including their expertise, reliability, and customer satisfaction. We will also discuss the importance of tailored coverage options and how to find the best rates without compromising on quality.
So, whether you’re looking to insure your coastal property, historic home, or modern residence, we’ve got you covered. Ready to secure the protection your home deserves? Enter your ZIP code now and compare rates from the best insurance providers in Rhode Island.
Standard Rhode Island homeowners insurance policies cover:
- Dwelling
Your home is covered under the dwelling portion of your homeowners policy, The dwelling includes the primary residence and any buildings permanently attached to it. This is what the largest portion of your premiums go for, and includes things such as personal injury liability, which pays for medical and legal costs arising out of someone other than you or your family getting injured on the property. The value of the other sections of your policy is based on the value of the dwelling, and each section is usually valued at a percentage of the policy as a whole. - Other Structures
Any man-made item that is built on the property but not connected to the dwelling is listed as an other structure. That includes docks, fences, and support structures such as a pump house, doghouse, and tool sheds. As long as the building is not part of the dwelling, it fits into this category, even other residential buildings, such as a separate apartment or guest cottage. - Personal Property
Personal property includes all of your family’s possessions. Your jewelry, furniture, and appliances are part of your personal property, and so are your music and video collection, sporting equipment, lawn tools, pictures and kitchen utensils. Personal property is a very broad category and the most effective way to list it all is to use a video recorder and move from structure to structure around the property examining every item in every room. Be sure to save all of your receipts as well, because they will not only prove your ownership but provide proof of value for items that may have to be replaced under this part of your home insurance policy. - Loss of Use
Loss of use occurs when one of the risks covered by you policy renders all or pat of the home unusable. A tree falling on your wash house and destroying your washer and dryer creates a loss of use scenario the same as tornado destroying the home would do. To file a loss of use claim, you will need to save your receipts so the insurance company is able to verify the expenses you claim. Loss of use will pay for any inconveniences that prevent you from living in your accustomed lifestyle, including meals and lodging.
Average Rhode Island Homeowners Insurance Rates vs. US
Cheaper Rhode Island Home Insurance
Home insurance can be expensive, but you can take steps to keep the costs as low as possible. Little things like monitoring your credit score can affect your insurance rates, and larger projects like installing a security alarm will net you discounts. Some savings only come with time, such as making your home more protected against falling trees and branches, which does not offer immediate discounts but can earn you a savings if you don’t file any claims for a few years.
- Home Security
Living in Rhode Island, you face a home burglary rate of 5.82 for every 1000 homes, compared to the national burglary rate of 5.17 for the same number of homes. To reduce the risks of having your home burglarized or vandalized, you can install a monitored security system that will even net you a discount on your premiums. Other risk and premium reducing measures you can take include installing deadbolt locks on your entry doors, putting burglar bars in your ground floor windows and doors, or installing a fence around your yard. - Reduce Insurance Risks
Just as putting a fence around your property reduces the risks of home burglary, a fence with a locked gate around you pool will decrease the chances of accidental drowning by keeping people without permission from entering the area at all. For long term risk reduction, try removing dead trees or branches, and keeping your roof free of debris such as leaves and fallen branches. Keeping your roof clean will extend the lifetime of the roof, reducing the claims you have to file and eliminating the chance of being denied a roof claim due to lack of maintenance. - Credit Score and Insurance Risk
You may not know it, but your credit score is the method insurance companies use to determine your financial responsibility. Statistics show that people with low credit scores are more likely to be late on making premium, house or car payments as well, which makes it very important for you to keep your credit score as high as possible. With a score of 650 you will begin to see insurance premiums discounts, and the discounts get better as your credit score improves.
Home Characteristics Affecting Rhode Island Insurance Rates
The cost of home insurance is affected by a number of characteristics. For example, the average age of a Rhode Island home is 54 years, which could add to your premiums if the house is not properly maintained. And the cost of the home itself is a major factor, whether your home is worth more or less than the state average home value of $267,100.
Local Natural Disasters Rhode Island Homeowners Should Consider Protecting Against
Many natural disasters which occur in your area are usually included in a standard home insurance policy, but some facets of them may not be. Read through your policy carefully to find out what is included and what is not, and make arrangements to purchase coverage for any gaps you find, such as buying flood insurance or other special coverages.
- Earthquakes
Ranked at 41 out of 51, your state is not prone to earthquakes, but they can happen. You can get earthquake coverage either through high risk insurance companies or through high risk pools organized by your state Department of Insurance. - Flood
Rhode Island residents filed 1,764 claims in 2009,out of 46,621 flood claims filed around the nation. This makes Rhode Island a high risk of flooding and probably means that you will not be able to get coverage through traditional insurance channels. You can try contating high risk insurance companies, but the most likely scenario is that you will need to contact your state Department of Insurance and ask about the FAIR plan or other high risk pools arranged just for such emergencies. - Hail
In most policies, hail damage is included as part of the wind damage portion of the policy. If hail has been specifically excluded from your policy, check with local high risk insurers or call the Rhode Island Department of Insurance for information on where to turn in your area. - Hurricanes
Rhode Island is not immune to hurricanes, but most of the damage they caused is probably covered under your standard insurance policy. Flood insurance will have to be bought separately, and check your policy for any other hurricane related exclusions, just to make sure you are completely protected. - Tornadoes
Rhode Island only experiences a tornado on rare occasions and this peril probably will not be a problem for you. To be safe, make sure that tornadoes are not excluded in your policy, and if they are, contact the Rhode Island department of Insurance to find out where you can turn in your area to get the coverage. - Wildfires
74,749 wildfires burn in the United States each year, and everyone needs to be aware of the dangers. In most cases, wildfires are included in the fire damages portion of your policy, but in some rare cases you may have to resort to high risk insurers in order to get sufficient protection.
Rhode Island Homeowners Insurance Optional Coverages
Unless you have an aversion to owning property, you probably own more than your home insurance covers. To remedy this, you can either purchase more personal property coverage as part of your home insurance, or pick up a separate personal property protection at a reasonable price. Similarly, if someone gets injured on your property and sues you, the home insurance alone may not be enough to pay the associated costs. To correct this, pick up an umbrella liability policy that will back up your liability coverage for both your home and auto in one policy.
Important Contact Information
Rhode Island Department of Insurance
1511 Pontiac Avenue
Cranston, RI 02920
Phone: (401) 462-9500
Website
Home Insurance Guides for Nearby States
- Connecticut Homeowners Insurance
- Massachusetts Homeowners Insurance
Rhode Island Insurance Agents
Providence Home Insurance | Warwick Home Insurance | Cranston Home Insurance | Pawtucket Home Insurance | East Providence Home Insurance | Woonsocket Home Insurance | Newport Home Insurance | Lincoln Home Insurance
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Frequently Asked Questions
What is the average cost of homeowners insurance in Rhode Island?
The average cost of standard homeowners insurance in Rhode Island is $75 per month or $897 per year.
What does a standard homeowners insurance policy in Rhode Island cover?
A standard homeowners insurance policy in Rhode Island typically provides coverage for four main types:
- dwelling
- other structures
- personal property
- loss of use costs
The dwelling coverage includes the primary residence and attached buildings, while other structures coverage includes detached structures like sheds or fences. Personal property coverage protects your belongings, and loss of use coverage helps with living expenses if your home becomes temporarily uninhabitable.
Are all risks covered by a standard homeowners insurance policy in Rhode Island?
While a standard policy covers risks like fire damage, it may exclude coverage for tornado and hail damage. It’s important to review your policy to understand what risks are covered and consider additional coverage if needed.
How can I save money on homeowners insurance in Rhode Island?
There are several ways to potentially reduce the cost of homeowners insurance. Installing a security alarm system, adding deadbolt locks to entry doors, and putting burglar bars on windows and doors can help lower premiums. Maintaining a good credit score and keeping your home well-maintained, such as by removing dead trees or debris from the roof, can also contribute to savings.
What characteristics of my home affect insurance rates in Rhode Island?
Home insurance rates can be influenced by factors such as the age and value of your home. Older homes or homes in disrepair may result in higher premiums. The average age of a Rhode Island home is 54 years, and the state average home value is $267,100.
Are there any natural disasters in Rhode Island that homeowners should protect against?
Rhode Island homeowners should consider protecting against potential natural disasters such as:
- earthquakes
- floods
- hail
- hurricanes
- tornadoes
- wildfires
While some of these risks may be covered under a standard policy, others may require separate coverage or contacting high-risk insurance providers.
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.