The changing character of Providence, Rhode Island has changed the game for Providence insurance quotes. The so-called "Beehive of Industry" has buzzed its way through a variety of incarnations since its 1736 founding. Providence has been a hub for silverware and jewelry businesses (near the Providence River), a manufacturing center, and a center for prestigious New England hospitals and higher education. Demographic shifts have roiled the city as well. This ever-changing face of Providence makes it difficult for local residents to pin down a smart Providence insurance strategy. Simplify your quest with the help of NetQuote. Get five (or more) quotes from a pool of 100+ top insurers. Whether you are a resident of the Jewelry District, or you just bought a home on the West Side, NetQuote can turn you onto the best Providence insurance quotes for life, home, business, auto, and beyond.
Road-Tested Providence Insurance for Drivers
Mayor Cicilline recently developed an initiative called Transit 2020 to improve the city's transportation system. And while Providence has a relatively robust public transport network (by New England standards, at least), most car and truck drivers will still need to use their vehicles and get insurance for them. To that end, consider that Rhode Island drivers pay an average of $1,017 for auto policies, according to a 2009 report by the National Association of Insurance Commissioners. This is more than $200 higher than the average US rate of $795. Breaking the numbers down further, Rhode Islanders pay $671 for liability, $379 for collision, and $124 for comprehensive. 14% of Rhode Island drivers are uninsured, according to the Insurance Research Council. As a result, Providence drivers must carry uninsured motorist (UM) coverage as well as bodily injury (BI) and property damage (PD) liability. Your minimum responsibility is $50,000 for bodily injury (per accident), $25,000 bodily injury (per person), and $25,000 for property damage. Local law says that policyholders can decline UM coverage if they opt for the minimum liability limits for BI and PD coverage.
So how can you get your Providence insurance premiums down? Here are a few easy tips. First, limit your coverage, particularly on older vehicles. Request higher deductibles (a deductible is the amount of money you pay yourself before your insurer pays). Improve your credit record. Aim to get discounts for low mileage and good driving. Whether you live in Charles or Federal Hill --whether you work in a pizza shop in Little Italy or on a local government panel planting trees for the Trees 2020 initiative --these Providence insurance tips should help.
Getting Creative with Homeowners Insurance in the Creative Capital
With over two-dozen official neighborhoods, Providence is a sprawling urban patchwork. Each neighborhood has a distinct character: College Hill, Blackstone, Upper South Providence, Federal Hill, Silverlake, and so forth. Which neighborhood do you live in? The answer could have profound ramifications for your homeowners' coverage. Homeowners insurance in Rhode Island is pretty expensive ($950 average) compared to the average premium for the U.S. ($822), according to a 2009 report by the National Association of Insurance Commissioners. Providence homeowners must protect their dwellings against a smorgasbord of potential natural and manmade hazards, including inclement New England weather, the occasional hurricane, water damage, fire, and wind and hail. Rhode Island is the eighth most expensive state for homeowners insurance, according to NAIC numbers.
So what can you do to lower your rates? Consider getting a smoke alarm and a security system. Add construction features to protect your home against wind and weather damage. Opt for a higher deductible to qualify for lower premiums. Also, pay off more of your mortgage. Insurers calculate that homeowners who own more of their homes will take better care of their properties.
Comprehensive Providence Insurance Quotes
NetQuote can deliver free and reliable quotes from the nation's top insurers to allow you to compare and contrast options. Whether you are a new homeowner who just bought a place near the Museum of National History, or you are a worker at the Botanical Center who needs a new auto insurance policy, NetQuote offers immediate utility. Simply fill in our online questionnaire. Then submit the free form. You will get back five (or more) quotes from reliable insurers.