All drivers in Rhode Island must have liability coverage and all liability insurance policies must offer uninsured motorist coverage. This option is useful for coating, because about 15% of cars on the roads of the state are uninsured. So let’s get started with the Car Insurance In Rhode Island nuances.
Read below to learn more about the required and optional insurance covering the vehicle, as well as discounts and other information about car insurance rates.
RI Car Insurance Requirements
RI drivers must have liability insurance to help cover another driver’s expenses resulting from an accident for which you are at fault.
In addition, all Rhode Island auto insurance policies must offer uninsured/underinsured motorist coverage, but you can decline this coverage if you choose.
If you are found to be at fault for a car accident, liability coverage helps pay for:
- Damage to someone else’s property.
- Injuries to the other driver and/or passengers.
The minimum coverage limits you can purchase in Rhode Island are:
- Bodily injury coverage ($25,000 per person, $50,000 total per accident)
- Property damage coverage: $25,000 per accident.
You can purchase coverage with higher limits, which will increase your insurance rates but offers more coverage.
Car Insurance In Rhode Island – Uninsured/Underinsured Motorist Coverage
All car insurance policies in Rhode Island must include Uninsured / Underinsured motorist coverage equal to the limits of your liability coverage (see above limitations).
Uninsured / underinsured motorist coverage pays for damage to property and injuries if you are involved in Car Insurance In Rhode Island:
- Hit and run accident.
- The accident, which is the fault of the driver (Non car insurance OR I do not have enough insurance).
You may cancel your uninsured motorist coverage. However, keep in mind that it is estimated that 15% of cars in Rhode Island uninsured, so uninsured motorist coverage can give you important protection.
Optional Auto Insurance in RI
RI car insurance policies may also include additional types of insurance coverage, which provide protection in other situations.
These additional types of coverage helps pay for damage, injuries and other costs:
- Collision Coverage: Pays for damage to your vehicle in case of an accident you cause.
- Comprehensive coverage: Pays for damage to your car caused by non-factors associated with accidents as severe weather, theft or wild animals.
- Health insurance payments: Provides additional coverage to help pay for medical expenses.
- Rental cover compensation: compensate you if you need to rent a car after an accident.
- Towing and labor coverage: Pays for towing costs when your car breaks down and cannot be controlled.
Note: If you are financing or leasing your vehicle, you have to buy collision coverage and comprehensive coverage.
Check out this video–>What is the Minimum Car Insurance Required in Rhode Island?: