How Much is Auto Insurance for Drivers with a Bad Driving Record in Rhode Island?

When buying auto insurance for bad drivers, one of the key factors used to calculate car insurance rates is where you keep your vehicle in Rhode Island. Areas with more people or even just a higher incidence of claims like Providence, Pawtucket, and East Providence will most likely have higher rates, whereas areas with less people or fewer weather incidents have the luxury of cheap auto insurance for drivers with a bad driving record in Rhode Island.

The information below lists the most expensive areas in Rhode Island for drivers with a bad driving record to buy car insurance in.

Rates are comparative as the specific garaging location can modify price quotes substantially.

The make and model of vehicle you are insuring is one of the main factors when shopping for cheap auto insurance for drivers with a bad driving record in Rhode Island. Vehicles with lower acceleration and performance, advanced safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models. The lists below showcases car insurance rates for a number of the cheapest automobiles to buy insurance for.

Table data represents married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Rhode Island minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Table data does not factor in specific location which can alter coverage rates noticeably.

Cost estimates assume married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Rhode Island minimum liability limits. Discounts applied include multi-vehicle, multi-policy, and homeowner. Rate information does not factor in vehicle garaging location which can modify rates considerably.

Data assumes married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Rhode Island minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can decrease or increase rates substantially.

The chart below shows how choosing a deductible can affect insurance premiums when quoting cheap insurance for drivers with a bad driving record. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3239,2979,2693,2423],[‘Age 30’, 2251,2061,1843,1633],[‘Age 40’, 2083,1913,1715,1527],[‘Age 50’, 1823,1673,1501,1337],[‘Age 60’, 1765,1619,1455,1297],[‘Age 70’, 2049,1885,1701,1529]]);var options = {title: ‘Effect of Deductibles on Auto Insurance Prices in Rhode Island’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

As shown above, a 30-year-old driver could reduce rates by $368 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $556 by using a $1,000 deductible. Young drivers, such as the 20-year-old example, could save $816 every year just by choosing larger deductibles. If you make the decision to raise deductibles, it will now be necessary to have enough savings set aside to enable you to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

Who has the cheapest insurance quotes for bad drivers?

There are many ways to compare cheaper insurance rates in Rhode Island, but the most prevalent are through a non-exclusive or independent agent, an exclusive agency such as Liberty Mutual or State Farm, or direct from companies such as Progressive or Geico. They all have the same end result, but insurance buyers need to understand the differences in how they function.

Independent insurance agents write business for many companies and can get rate quotes from each one. They are not employed by only one company and can provide you with more rate quotes, which can give you more bang for your buck. If you want to switch companies, they simply move the coverage in-house and you don’t have to do anything.

An exclusive agent is limited to a single insurance company, a couple examples are State Farm and Auto-Owners agents. Exclusive agents cannot quote rates from more than one company, so if the price isn’t competitive there isn’t much they can do.

Direct insurance buyers do not use the middleman (the agent) and buy direct either online or via phone. Buying insurance direct can be a good choice for drivers who have fewer assets and have an above average understanding of the exclusions of a policy.

So comparing independent agents, exclusive agents, and direct, which one works best to buy cheap auto insurance for drivers with a bad driving record in Rhode Island? We’d like to tell you buying direct saves money because there isn’t an agent involved, but in reality, that is not the case. We could also say that going through an independent agent guarantees the best prices due to having more companies to select from, but again, that’s not a true statement. In some circumstances, exclusive agencies have price quotes that cannot be met by either independent or direct companies.

Since insurance companies use so many rating factors, the guaranteed way to make sure you’re not overpaying for insurance is to compare, compare, and compare some more. In a perfect world, youll get price quotes from independent, exclusive, and direct in order to have enough rates to compare. We compiled a list of companies with some of the cheapest online rates that you can click here to view.

How to find economical car insurance for drivers with a bad driving record

It is possible to find better rates, and here are a few money-saving ideas that can help drivers find low-cost car insurance.

• Safer vehicles cost less to insure
• Raise deductibles
• Accident-free drivers may qualify for discounts
• Good credit scores may lower your rates
• You will pay more if you get tickets or have at-fault accidents
• Shop around for cheaper rates regularly

That last idea is extraordinarily important, as was discussed in the article above. Insurance rates can be changed at any time, so don’t be hesitant to buy a policy from a new company if a more affordable price is available. Brand loyalty is great, but it’s not a good idea if that loyalty ends up costing potentially thousands of dollars a year. Now is a great time to compare prices and find cheaper insurance for drivers with a bad driving record.