How Much Does Auto Insurance Cost for High School Students in Rhode Island?

The words “cheap” and “insurance” really shouldn’t be used together, specifically when looking for the best price on coverage for high school students. Because it’s so expensive, let’s go over some things that significantly impact auto insurance premiums, and find some ways to shave a little off your next policy.

For Rhode Island drivers, one of the considerations that establish auto insurance rates is where you call home in Rhode Island. Cities with larger populations or higher claims like Providence, Pawtucket, and Central Falls are more likely to have higher rates, whereas areas that are not as densely populated generally pay less for car insurance.

The following table ranks the priciest cities in Rhode Island for high school students to buy car insurance in.

Rate quotes are approximated as zip code location can alter rates greatly.

The type of vehicle you are seeking coverage for is probably the largest consideration that determines the availablility of cheap car insurance for high school students in Rhode Island. Vehicles with economical engines, a plethora of safety features, or a positive history of liability claims will cost much less to insure than higher performance models.

The table below shows insurance rates for a selection of the most affordable vehicles to insure.

Data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Rhode Island minimum liability limits. Discounts applied include claim-free, and safe-driver. Rates do not factor in your specific Rhode Island location which can influence prices considerably.

Based upon the rates shown, you can infer that cars like the Honda CR-V, Ford Escape, and Subaru Forester are most likely going to be some of the cheaper vehicles to insure for teenagers. The price of auto insurance will tend to be higher just because there is more liability risk for high school students, but generally speaking those vehicles will probably have the cheapest rates possible.

The diagram below demonstrates how choosing different deductibles can impact insurance premiums when searching for cheap insurance for high school students. The data assumes a married male driver, comp and collision included, and no discounts are taken into consideration.

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A 50-year-old driver could lower their car insurance rates by $396 a year by switching from a $100 deductible up to a $500 deductible, or save $596 by selecting a $1,000 deductible. Even younger insureds, like the Age 20 category, could lower their rates up to $1,320 every year by choosing larger deductibles on their policy.

When insureds make the decision to increase the deductibles on their policy, it’s a good idea to have enough savings set aside to enable you to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.

Car insurance company ratings

Finding a highly-rated insurance company can be a challenge considering how many companies sell insurance in Rhode Island. The company rank data in the lists below can help you select which companies to look at when trying to find cheaper insurance for high school students.

These ratings are only comprised of large, nationwide insurance companies, so smaller regional companies are not taken into consideration for the list. To get price quotes from many more Rhode Island auto insurance companies, click here.

Find cheap car insurance for high school students in Rhode Island

The list below shows many thrifty ideas that can help Rhode Island drivers quote more affordable car insurance.

• Improve your credit rating
• At-fault accidents can raise rates significantly
• You will pay more if you get tickets or have at-fault accidents
• Pay for smaller claims out-of-pocket
• Buy vehicles with five-star safety ratings
• Shop around and save

The last suggestion is particularly vital, as we noted in this article. Auto insurance rates fluctuate considerably, so you should be ready to switch to a new company if a better rate can be found. We understand brand loyalty, but it’s not a great idea if that loyalty results in overpaying money that could be spent on other things. Now is a great time to compare rates to find cheaper insurance for high school students.