Motorcycle Insurance in Rhode Island: The Cheapest Quotes and Best Companies

The cheapest motorcycle insurance in Rhode Island consists of liability coverage. This alone cannot fully protect a rider in case of accidents, but it does cost significantly less. Getting full coverage, which includes comprehensive and collision coverage, might be a more expensive option, but it can protect riders if they get into or cause an accident. In MoneyGeek’s analysis of Rhode Island’s liability-only policies, a sample rider profile was used. This rider has a good riding history along with a 50/100/25 liability-only coverage.

On average, the companies that offer the cheapest motorcycle insurance in Rhode Island for liability-only policies include:

• Dairyland: $192 per year
• Harley-Davidson: $244 per year

In contrast, the most expensive liability-only policy is offered by Nationwide, whose average cost stands at around $389 per year. The cheapest option, Dairyland, is 50.6% cheaper. This demonstrates why getting motorcycle insurance quotes in Rhode Island is a must before making a decision.

A full-coverage policy is the best option for Rhode Island riders who want better protection. It comes with everything a liability-only policy has, along with comprehensive and collision coverage. Comprehensive coverage protects damages to a motorcycle not caused by an accident, while collision coverage helps pay for accidents where you are at fault. Note that riders who are still making payments on their motorcycle are likely to be required to have full coverage insurance.

MoneyGeek’s analysis covered a Rhode Island rider with a good history and a 50/100/25 coverage with a $500 deductible for comprehensive and collision coverage. On average, the cheapest full coverage insurance policies in Rhode Island are offered by:

• Dairyland: $211 per year
• Harley-Davidson: $257 per year

Nationwide offers the most expensive full coverage insurance option in the state, costing an average of $1,238 per year. Dairyland’s average premium is 82.9% cheaper.

The average cost of motorcycle insurance in Rhode Island can vary based on a number of factors, such as the desired coverage, riding history and experience, age and motorcycle year, make and model. MoneyGeek gathered prices from various carriers in order to help riders get a rough estimate of motorcycle insurance rates in Rhode Island.

For full coverage motorcycle insurance policies, the average cost in Rhode Island stands at $565 per year or $47 per month. This is $201 or 36% higher than the state average.

On the other hand, liability-only policies cost an average of $288 per year or $24 per month. This is $147 per year more than the national average. While this option is cheaper than full coverage, it offers limited protection.

The average policy rates in Rhode Island were gathered with $50,000/$100,000 bodily injury coverage, $25,000 in property damage and a $500 deductible for full coverage policies in mind.

To find the best motorcycle insurance in Rhode Island, MoneyGeek used three criteria, including policy cost in Rhode Island, product offerings and service and financial stability. MoneyGeek analyzed multiple providers in Rhode Island to determine the best company. Based on the results, MoneyGeek found that Dairyland scored the highest and is the best insurer in Rhode Island.

Rhode Island-based riders need to have a list of information prepared before they can get an online quote. Such information includes:

• The ZIP code and address
• The vehicle’s year, make and model
• The personal information of the rider, including riding record and experience level
• The insurance coverage elections, see below for more information

In Rhode Island, motorcycle insurance is a legal requirement to ensure that riders have some form of protection while on the road. Rhode Island motorcycle insurance laws and requirements state that riders need to meet these minimum coverages:

• $25,000 in bodily injury liability per person
• $50,000 in bodily injury liability per accident
• $25,000 in property damage liability

Rhode Island’s minimum liability coverage for motorcycle insurance is 25/50/25. This is $25,000 in bodily injury liability limits per person, $50,000 in bodily injury liability limits for all persons injured in an accident and $25,000 in property damage liability. While this is the minimum, it’s best to get full coverage in order to stay fully protected.

Rhode Island motorcycle insurance laws and requirements state that, at a minimum, riders need bodily injury and property damage liability coverage, but PIP, uninsured motorist or underinsured motorist coverages are optional.

Understanding motorcycle insurance rates in Rhode Island can be difficult for those who are new to insurance in general. Here are a few commonly asked questions about motorcycle insurance in the state.

MoneyGeek collected motorcycle insurance quotes in Rhode Island from various insurance providers in the state based on varying coverage amounts and driver profiles to provide riders with the cheapest motorcycle insurance rates in the area. The best motorcycle insurance companies in Rhode Island were determined using three factors, including policy cost in Rhode Island (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in Rhode Island were gathered from the state DMVs to ensure accurate and up-to-date information.