The 3 Best Homeowners Insurance Companies in Rhode Island

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From hurricanes to blizzards, Rhode Island homeowners experience it all — and at close proximity to the coastline. It’s no surprise, therefore, that this small state has some pretty big homeowners insurance premiums. The average annual premium is $1,205, which is 2 percent less than the national average of $1,228, according to

While price is an important factor to consider when shopping around for a Rhode Island homeowners insurance policy, residents should also weigh factors such as a company’s breadth of coverage options and claims-service reputation. To help you find the right company for your home and budget, we’ve outlined our top picks and included an online quote tool so you can easily get started comparing policies and prices.

Find the Best Home Insurance in Rhode Island

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Our Top Picks for Best Homeowners Insurance in Rhode Island

  • Allstate
  • Liberty Mutual
  • Amica Mutual

Allstate owns the largest share of the Rhode Island homeowners insurance market. The company is popular among residents of the Ocean State due to its flexible policy options, multiple discount opportunities, and top-notch educational tools and resources. Allstate has an A+ rating (“superior”) from A.M. Best for financial strength.

Each standard home insurance policy from Allstate can be customized to provide increased protection for your most valuable assets — be it a home office, sports equipment, musical instruments, a yard or garden, or even electronic data.

The company helps you save on your premium by offering rate deductions — like a 25 percent discount for bundling home and auto insurance policies, 20 percent for having a claim-free history, and 5 percent for signing up for auto-billing. Allstate also offers an additional 10 percent savings for new customers.

Allstate’s innovative online learning center features an expansive library of articles, videos and tools to help customers better manage their policies and answer questions on homeownership. The company’s Premium Gauge tool, for example, allows you to see the impact that various factors, such as the age of your home, have on your annual premium price. And Allstate’s Digital Locker helps you keep a detailed online inventory of your covered personal possessions, removing the guesswork in the event that you have to file a claim after a loss.

Liberty Mutual

Liberty Mutual is a great choice for Rhode Island residents looking to save on their homeowners insurance policy. The company offers more discount opportunities than many of its competitors, such as price breaks for bundling policies, insuring a new or recently renovated home, and having filed no claims for a certain period of time. Liberty Mutual also extends special deductions and benefits to customers who belong to one of the more than 14,000 organizations and associations in its affiliate network.

If your home experiences a loss, Liberty Mutual makes reporting a claim a hassle-free process. You can contact the company by phoning its 24-hour claims hotline, going online, visiting a local office or using its mobile app. Liberty Mutual has solid financial ratings. It has an A rating from A.M. Best and Standard & Poor’s.

Should your home sustain damage that requires immediate repair, Liberty Mutual offers its Contractor Referral Network, which sets you up with a reputable contractor to perform the maintenance necessary to return your home to livable conditions sooner. This service is offered 24 hours a day, 365 days a year, and the service is guaranteed by Liberty Mutual for one calendar year so you can feel safe and secure.

Amica Mutual

Boasting an A++ rating from A.M. Best, the highest possible, and selected by J.D. Power as “Highest in Overall Satisfaction” among New England homeowners for the fifth consecutive year, Amica Mutual Co offers some of the best homeowners insurance in Rhode Island. Its success at customer satisfaction is also reflected in Amica’s A+ rating from the Better Business Bureau.

A standard policy from Amica provides coverage for your dwelling, any additional structures on your property, the cost of temporary repairs to prevent future damage after a covered loss, liability protection, and any increase in living expenses incurred if you’re unable to stay in your home after a loss. This baseline policy can be supplemented with options such as personal property replacement coverage, earthquake and flood protection, and automatic dwelling coverage, which allows you to repair or rebuild your home beyond the limits set on your policy.

Amica also offers a Platinum Choice home insurance policy, which provides comprehensive coverage with increased liability insurance, extended coverage for business properties, valuables protection and more. All of Amica’s policies are available to you from any point in the world — so you can feel secure traveling or leaving your home for extended periods of time.

Amica offers premium discounts to customers who bundle multiple policies with the company, opt for higher deductibles, install home monitoring systems and protective devices, opt for automatic billing, remain claims-free, and insure new or recently remodeled homes. Amica provides additional savings to loyal customers of the company. To learn more about coverage and savings options, visit Amica’s website or contact a representative in your area.

How much is homeowners insurance in Rhode Island?

Homeowners in Rhode Island pay an average of $1,205 annually. That’s about 2 percent less than the national average of $1,228. Your insurance rate will vary from that average based on a range of factors, including the city where you live.

Rhode Island Rate Factors

Rhode Island homes are at risk for weather events like high winds from hurricanes and heavy snowfall. Other factors, like the age of your home and the crime rate in your neighborhood, also influence how much you’ll have to pay.

The 3 Best Rhode Island Homeowners Insurance Companies

  • Allstate
  • Liberty Mutual
  • Amica Mutual

Find the Best Home Insurance in Rhode Island

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Looking for more home insurance resources? Check out our Guide to Home Insurance as well as our overall picks for Best Home Insurance for 2019.