Who Has The Cheapest Motorcycle Insurance Quotes In Rhode Island?

Rhode Island is well known for its sandy shores, colonial history and for being the smallest state. But it has just over 1 million residents and is the second most densely populated state in the U.S. “The Ocean State” – named for its many bays and inlets – experiences all four seasons and is also a nice place to own a motorcycle. We gathered motorcycle insurance quotes from three major carriers in Rhode Island for a sample rider and policy (bodily injury protection of $100,000 per person/$300,000 per accident and $50,000 in property damage coverage). The data collected showed that quotes in the most expensive place were 7.2% higher than the cheapest in the state.

Cheapest Motorcycle Insurance In Rhode Island

One company in our study was substantially cheaper than the others. GEICO had the best motorcycle insurance rates and Nationwide had the second best rates. The average GEICO motorcycle insurance rate for our sample rider and policy was $380. GEICO is also considered one of the best motorcycle insurance companies across the country. Nationwide and Progressive had average quotes in the study that were $509 and $722, respectively. The average motorcycle insurance rate from Progressive was 90% higher than GEICO’s. Compared to other states, Rhode Island has average motorcycle insruance rates.

A ValuePenguin study found that GEICO had the best motorcycle insurance rates in the state.

Best Motorcycle Insurance Rates In Rhode Island: By City

In Rhode Island, the five largest cities have some of the most expensive motorcycle insurance rates in the state. This is typical of most states in the U.S. but the good news is that in Rhode Island, the rates for the sample rider and policy were only slightly more expensive. Providence, the state’s most populous city, had the most expensive average premium but it was only 3.1% higher than the state average. The average annual rate in East Providence was nearly as expensive, at 2.9% higher than the Rhode Island average. Warwick , Cranston and Pawtucket all had rates that were 2% higher than the state average.

Rank

CityAverage Annual Rate% Difference vs State Average

1

Providence$5543.1%

2

Warwick5482.0%

3

Cranston5482.0%

4

Pawtucket5482.0%

5

East Providence5532.9%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Providence, RI

The capital and the most populous city of Rhode Island had the highest motorcycle insurance rates in the state. More than 180,000 people live in Providence and many commute to the greater Boston and surrounding areas. The city was a longtime home to industry but in recent years it has rebranded itself as a creative and academic center. Motorcycle insurance rates in Providence were 3.1% higher than the state average.

Warwick, RI

The second largest city in the state of Rhode Island has almost 83,000 residents and played an important part in the colonial history of the U.S. It was home to Nathanael Greene, who was second-in-command to George Washington when he was general of the Continental Army. Motorcycle insurance rates in Warwick were only 2% higher than the state average.

Cranston, RI

Cranston is nearly as big as Warwick. It has a population of more than 80,000 residents and is part of the Providence metropolitan area. It was named one of the “100 Best Places to Live” in the U.S. by Money magazine in 2006 and has relatively affordable motorcycle insurance premiums. Quotes in Cranston were only 2% higher than the state average.

Pawtucket, RI

More than 71,000 people call Pawtucket home. The city borders the state of Massachusetts and is known for its long historical ties to the sport of baseball. It also was home to Narragansett Park, a popular horse racetrack throughout much of the 20th century. Motorcycle insurance rates in Pawtucket were 2% higher than the state average.

East Providence, RI

South of Pawtucket and across the Providence River from the namesake city is East Providence. About 47,000 residents call the city home, as well as a long list of national registered historic places. Motorcycle insurance rates in East Providence were 2.9% higher than the Rhode Island average.

Average Motorcycle Insurance Rates in Rhode Island: By City

In Rhode Island, motorcycle insurance quotes for our sample rider and policy were gathered for 26 places throughout the state. An analysis of them showed the place with the most expensive rates was 7.2% higher than the place with the cheapest rates.

A ValuePenguin study of motorcycle insurance rates in Rhode Island found the average premium in the state was $537.

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Study Methodology

Our study analyzed motorcycle insurance quotes for a sample policy and rider across 26 municipalities and census-designated places in the state of Rhode Island. The quotes we gathered were from three major carriers: GEICO, Nationwide and Progressive. The rider we gathered quotes from was a 45-year-old male who was married and had completed a motorcycle training course. He also had a clean driving record. The policy itself included bodily injury protection $100,000 per person/$300,000 per accident and $50,000 in property damage coverage. The deductibles for both Comprehensive and Collision coverage were $500. The motorcycle used when gather quotes was a Harley Davidson Street Glide (1690cc) with no anti-theft device installed.

Rank

CityAverage Annual Rate% Difference vs State Average

1

Barrington$517-3.7%

2

Bristol517-3.7%

3

Warren517-3.7%

4

Jamestown521-2.9%

5

Newport521-2.9%

6

Westerly521-2.9%

7

Narragansett522-2.8%

8

Portsmouth522-2.8%

9

South Kingstown522-2.8%

Rhode Island Average5370.0%

10

Tiverton5400.5%

11

North Providence5410.7%

12

Pascoag5420.9%

13

Woonsocket5420.9%

14

Cumberland5431.2%

15

Cumberland Hill5431.2%

16

Greenville5461.7%

17

Kingston5471.8%

18

North Kingstown5471.8%

19

East Greenwich5471.9%

20

West Warwick5471.9%

21

Central Falls5482.0%

22

Cranston5482.0%

23

Pawtucket5482.0%

24

Warwick5482.0%

25

East Providence5532.9%
26Providence5543.1%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

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