The cobblestone sidewalks of Benefit Street are one of the loveliest places in the country for an afternoon stroll, though there are those who will swear by a sailing trip on Newport Bay, a bike ride along East Bay, or a quiet afternoon on the beaches of South County. Whatever you prefer, one basic truth overrides them all: you need to drive. And to drive in Rhode Island, you'll also need adequate auto insurance. This means understanding the laws, determining your particular circumstances, and then comparing the many Rhode Island auto insurance quotes to find the one that suits you.
The Starting Point for Rhode Island Auto Insurance
Although the Gilded Age is but a preserved memory, Rhode Island auto insurance is still expensive. A premium in the Ocean State generally costs about $500 more per year than the national average. To find lower Rhode Island auto insurance quotes, begin at the beginning. According to state law, every driver must have a 25/50/25 policy: $25,000 of bodily injury coverage for injuries or death occurring to one person in an accident; $50,000 of bodily injury coverage for injuries or deaths occurring to more than one person in an accident; and $25,000 of property damage coverage per accident. If you're pulled over without these minimum standards, you'll likely receive a $500 fine, and possibly have your license suspended for three months.
Your Own Piece of History
Potential insurers will issue auto insurance quotes based on a risk factor. Males are considered higher-risk than females. Drivers under the age of 25 fall into the high-risk category. And those with payment problems are especially troublesome. This could mean credit history, or it might refer to previous insurance. For example, a 25-yr-old single waitress in Bristol, who drives a Toyota Camry for pleasure, will pay about $637 a year for her premium. But if she first lets insurance lapse for three months, and then looks for Rhode Island insurance quotes, she'll instead find a premium of about $844. The choices you make play an important role in the cost of your auto insurance.
Meeting Your Needs
Rhode Island is a state of firsts: the first state to prohibit slavery in North America; the Birthplace of the American Industrial Revolution. Take some initiative and determine which Rhode Island auto insurance quotes meet your needs by first clearly deciding what those needs are. Then you can make a proper cost-benefit analysis. In Providence, a 45-yr-old married male who drives a 2004 Honda Civic 15 miles each day to work might choose 50/100/50. If he also opts for a $100 Collision and $100 Comprehensive deductible, and decides he wants no rental or towing reimbursement, and no medical payment coverage, his annual premium will be about $2,500. But let's say he decided it's worth his while to potentially pay a higher deductible in order to decrease his premium. If he opts for a $500 deductible, the premium falls to $1,950. But then again, maybe he needs some extra benefits. If he sticks with the $500 deductible, and adds towing, rental, and medical payment coverage of $10,000, his premium goes back up to about. $2,100. As you can see, there's no one right answer, just as there's no clearly superior insurance plan. The right decision demands research, whether you do it yourself or utilize a free service such as NetQuote. As with any purchasing decision, it pays to shop around.