How Much Does Insurance Cost for a Toyota Tacoma in Rhode Island?

Your ability to find cheap auto insurance for a Toyota Tacoma in Rhode Island is dependent upon dozens of factors like whether you are married, the size of your vehicle, and if your driving record shows any at-fault accidents. Drivers in Rhode Island pay on average $1,120 every 12 months for Tacoma insurance, but that cost is an approximation using rate data for a 30-year-old single male driver that purchased full coverage including both comprehensive and collision and $1,000 deductibles.

There is a good chance you are not exactly 30 years old and possibly not even male, maybe you are married instead of single, or maybe you have a teenager that needs to be on your policy. Changing even a minor factor in the factors used to determine rates can lead to a big change in rates.

Every driver has different characteristics, so your best chance at finding affordable rates for your Toyota is to put in the effort to do a thorough rate comparison. In less than five minutes you will receive prices from the cheapest companies in Rhode Island.

Compare Rates Now

Your vehicle’s trim level tends to impact the coverage cost, so the cost to insure a Tacoma 2WD model will be $58 cheaper than the cost to insure the high end Tacoma Double Cab TRD Sport Package 4WD version, as demonstrated by the prices below.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Rhode Island minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Estimates do not factor in specific Rhode Island garaging location which can affect insurance rates greatly.

Insuring your vehicle with the highest-rated insurance provider is difficult considering how many companies there are in Rhode Island. The company ratings shown next can help you decide which companies you want to consider comparing prices from.

These ratings are for the largest auto insurers in America, so companies without a large exposure are not included in this list. To compare prices and find the cheapest rates for a Toyota Tacoma, just click here.

Top 10 Major Auto Insurance Providers in Rhode Island Ranked by Claims Service

1. Progressive
2. USAA
3. Liberty Mutual
4. GEICO
5. State Farm
6. Nationwide
7. Allstate
8. The General
9. 21st Century
10. The Hartford

Top 10 Major Auto Insurance Providers in Rhode Island Ranked by Customer Service

1. The Hartford
2. American Family
3. Progressive
4. GEICO
5. USAA
6. State Farm
7. Travelers
8. Farmers Insurance
9. Allstate
10. Safeco Insurance

Top Companies for Toyota Tacoma Insurance in Rhode Island

How accidents and tickets impact rates in Rhode Island

The common sense way to score low auto insurance premiums in Rhode Island for a Tacoma is to drive attentively and avoid accidents and violations. The chart below demonstrates how speeding tickets and fender-benders can impact yearly insurance costs for different age groups of insureds. The price estimates are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and Two Accidents’],[‘Age 20’, 4651,5533,8719],[‘Age 30’, 2379,3265,6449],[‘Age 40’, 2371,3253,6435],[‘Age 50’, 2153,3037,6219],[‘Age 60’, 2081,2965,6151],[‘Age 70’, 2537,3423,6605]]);var options = {title: ‘Effect of Tickets and Accidents on Rhode Island Toyota Tacoma Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Tacoma in Rhode Island’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the chart above, the average cost of a car insurance policy in Rhode Island per year with no accidents or violations is $2,695. Factor in two speeding tickets and the average cost hikes up to $3,579, an increase of $884 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a Toyota Tacoma goes up to an average of $6,763. That’s an increase of $4,068, or $339 per month, just for not driving responsibly!

How much more does full coverage cost in Rhode Island?

Finding cheap insurance for a Toyota Tacoma in Rhode Island is the goal of most vehicle owners, and an effective way to save on the cost of insurance is to only buy liability coverage. The chart below visualizes the comparison of annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume no claims or driving citations, $1,000 deductibles, single status, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 3381,1437],[‘Age 30’, 1761,787],[‘Age 40’, 1719,729],[‘Age 50’, 1575,683],[‘Age 60’, 1529,671],[‘Age 70’, 1913,897]]);var options = {title: ‘Rate Comparison of Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Tacoma in Rhode Island’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If all age groups are averaged, comp and collision coverage costs an additional $1,980 per year more than buying just liability insurance. Lot’s of drivers question if full coverage is worth the money. There is no set rule to stop paying for full coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s say your vehicle’s settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying your policy deductible. If you are paying over $500 a year for physical damage coverage, then you might want to think about dropping full coverage.

There are some cases where removing full coverage is not recommended. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Geico, Progressive, Allstate, and State Farm: Who is cheapest?

If you want reliable auto insurance, four companies you’ll want quotes from are Geico, Progressive, Allstate, and State Farm. Between them, they insure almost half of the entire U.S. market share. The following table shows price, claims, and customer service ratings, as well as some optional coverages that may be available in Rhode Island.