Providence Insurance Rates:

Providence ,RI Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.

VHome Insurance conducted a thorough analysis of the Providence, RI homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Providence, RI is $1302. Enter your zipcode below and click “GO” to get multiple free quotes.

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Home Insurance Companies in Providence, RI: Customer-Reviewed Options


Providence, RI Homeowners Insurance Rates by Coverage Level

It is important to understand the different coverage options available in Providence, RI. VHome Insurance will help you navigate the world of homeowners insurance coverages in Providence, RI.

Coverage Level Average Annual Premium
$100,000 $521
$200,000 $885
$300,000 $1,094
$400,000 $1,667
$500,000 $2,096


Providence, RI Homeowners Insurance Deductibles

One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Providence, RI, and how to choose the right one for your needs.

Deductible Level Average Annual Premium
$500 Deductible $1,335
$1000 Deductible $1,194
$1500 Deductible $1,126
$2500 Deductible $1,016
$5000 Deductible $859



Top Home Insurance Agents Near Providence, RI

Home Insurance Company Near Providence, RI Homeowners Insurance Agency Near Providence, RI Address
NA Howard Russell Insurance 700 Main Street , East Greenwich, RI, 2818
NA Friendly Insurance Agency 1306 Dorchester Ave Dorchester, Boston, MA, 2122
Travelers Mccormick & Sons Insurance Agency Inc 800 WEST MAIN ST, AVON, MA, 2322
Travelers Telamon Insurance & Financial Network Llc 150 WELLS AVE, NEWTON, MA, 2459
Nationwide Wayne P Johnson 903 Broad St, Providence, RI, 2907

Providence, RI Home Insurance Agents for Top Companies


Providence, RI Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
North Providence town, Providence County, Rhode Island $162 $216 $324
East Providence city, Rhode Island $163 $217 $326
Pawtucket city, Rhode Island $161 $214 $321


Providence, RI Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Providence, RI4.9%13.2%
North Providence5.07%13.23%
East Providence5.22%14.99%

Providence Renters Insurance as a Percentage of Rent

Providence Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,689 4.0% $348
$200 to $299 3,024 7.0% $798
$300 to $499 2,908 7.0% $1248
$500 to $749 5,646 14.0% $1923
$750 to $999 9,963 25.0% $2673
$1,000 to $1,499 12,189 31.0% $3798
$1,500 or more 3,303 8.0% $5448

Cost Of Homeowners Insurance By Street Near Providence, RI

Streets in Providence Area Homeowners Insurance Cost
Stamford Ave, Michigan Ave, Falconer St, Wade St, Westmore St, Milk St, Marshall St, Home Ave, Hillard St, Sutton St$1,048
Marlborough Ave, Albro St, Doane Ave, Oldham St, Legion Memorial Dr, Prairie Ave, Canonchet St, Stone St, Ruskin St, Hart St$1,044
King Philip St, Huntington Ave, Dearborn St, Keene St, Morgan St, Keene St, Ruthven St, Harmony Dr, Nashua St, Montgomery Ave$1,260
Taber Ave, Exeter St, Johnson St, Sabin St, S Water St, W Friendship St, Kossuth St, Freeman Pkwy, Eastwood Ave, Longo St$1,228
Jastram St, Braman St, Firglade Ave, Fruit Hill Ave, Young Ave, Manton Ave, Suffolk St, Warren St, 9th St, Perkins St$1,114
Loveday St, Stadium Rd, Rankin Ave, Peter St, Sinclair Ave, Lakeview Dr, Meader St, Wingate Rd, Ontario St, Pembroke Ave$1,077
Augusta St, Parkside Rd, Hendrick St, Sharon St, Lubec St, Nellie St, Kane St, Horace St, Wiley St, Crary St$1,058
Clarendon Ave, Alvin St, Winrooth Ave, Sevier St, Crout St, Emeline St, Fremont St, Chad Brown St, Jenkins St, Vandieman Ave$1,244
Gesler St, Saratoga St, Gentian Ave, Grand St, Courtland St, S Water St, Mount Pleasant Ave, Paterson St, N Davis St, Europe St$1,081
Webster Ave, Tidd St, George M Cohan Blvd, Victor St, S Angell, Rose Ct, Wiley St, Sunbury St, Mattie St, Olneyville Sq$1,081

Providence, RI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Providence$161 to $164
North Providence$162
Central Falls$159

Providence, RI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Providence Homeowner Insurance Premium Example $1,700$1,300
Out of Pocket Expense During Claim$1,800$3,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $15,400$14,200
Net Savings to Providence Home Owner from High Deductible Plan $1,200


Providence, RI Home Insurance Costs With Home Replacement Value Scenarios

Scenario Providence, RI Home Replacement Value MORE than Home Value Providence, RI Home Replacement Value LESS than Home Value
Replacement Value $351,000 $246,500
Insurance Premium based on Replacement Value $3,025 $2,125
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $69,500 Risk Exposure from Under Insuring Coverage is $35,000
Premium Impact Insurance cheaper by $300/year Insurance costlier by $600/year


Example Providence Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyGEICO InsuranceNationwide Insurance
Monthly Premium 261176153
Year Built 194019491947
Home Details 2 Beds, 1 Baths3 Beds, 2 Baths4 Beds, 3 Baths
Coverage Amount $250000-$300000$250000-$300000$200000-$250000
Deductible $500 Deductible$2500-$5000 Deductible$500 Deductible