Richmond Insurance Rates:

Richmond, RI homeowners insurance is about $939 to $1,284, about $78-$107/month. Our all inclusive guide indicates shoppers can save as much as $444 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Richmond, RI Homeowners Insurance By Home Value

Richmond, RI Home Value Total Homes % of Total Average Richmond, RI Homeowners Insurance
Less than $50,000 63 3.0% $88
$50,000 to $59,999 29 1.0% $189
$150,000 to $174,999 92 4.0% $611
$175,000 to $199,999 29 1.0% $700
$200,000 to $249,999 494 26.0% $845
$250,000 to $299,999 542 29.0% $1034
$300,000 to $399,999 567 30.0% $1323

Top Home Insurance Agents Near Richmond, RI

Home Insurance Company Near Richmond, RI Homeowners Insurance Agency Near Richmond, RI Address
NA Lawrence A. Natale Co., Inc. 50 Nashua Street, Providence, RI, 2904
Nationwide Gaulin Insurance Agency One Rolfe Square, Cranston, RI, 02910-2809
Travelers Mercier & Kosinski Ins Inc 1009 SMITHFIELD AVENUE, LINCOLN, RI, 2865
Travelers Pacheco Insurance Agency Inc 411 Columbia Street Fall River, Fall River, MA, 2721
Liberty Mutual Independent Phoenix Group Llc 1150 NEW LONDON AVE, CRANSTON, RI, 2920

Cost Of Homeowners Insurance By Street Near Richmond, RI

Streets in Richmond Area Homeowners Insurance Cost
Meunier Dr, Grey Stoke Ln, Thompson Trl, Bucknam Rd, K G Ranch Rd, Whispering Pines Rd, Dawley Park Rd, White Oak Dr, Morning Rd, Coulter Dr$1,106
Theroux Dr, Old Mountain Trl, Lewiston Ave, James Trl, Crestmont Dr, Lancelot Ct, Okeefe Dr, Loop St, Brodin Dr, Wilbur Hill Rd$1,105
Dover Ln, Wood Rd, Bobwhite Ter, Old Usquepaugh Rd, Tefft Hill Rd, Oakland Rd, Hillsdale Rd, Acorn Trl, Oshay Ln, Meadowbrook Rd$1,108
Carolina Nooseneck Rd, Kings Factory Rd, Deerfield Dr, Heaton Orchard Rd, Clearview Dr, Dawn Ln, Beaver River Rd, Arcadia Rd, Hoxsie Rd, Clarke Trl$1,112
Bracken Hill Ct, Beverly Ln, Buttonwoods Rd, Canob Ln, New London Tpke, Springbrook Rd, Small Pox Trl, Summit Rd, Old Kenyon Rd, Shannock Hill Rd$1,113

Richmond, RI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Richmond$165 to $167
Wyoming$163
Carolina$166
Hope Valley$167

Richmond, 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
Wyoming CDP, Rhode Island $136 $181 $272
Carolina CDP, Rhode Island $138 $184 $276
Hope Valley CDP, Rhode Island $139 $185 $278

Richmond, 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
Richmond, RI4.7%13.6%
Wyoming6.72%18.17%
Carolina5.2%21.3%
Hope Valley4.51%14.54%

Richmond Renters Insurance as a Percentage of Rent

Richmond Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 39 15.0% $1910
$750 to $999 12 4.0% $2660
$1,000 to $1,499 157 60.0% $3785
$1,500 or more 51 19.0% $5435

Richmond, RI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$900$2,900
Yearly Richmond Homeowner Insurance Premium Example $2,200$1,700
Out of Pocket Expense During Claim$900$2,900
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $16,300$14,800
Net Savings to Richmond Home Owner from High Deductible Plan $1,500

Richmond, RI Home Insurance Costs With Home Replacement Value Scenarios

Scenario Richmond, RI Home Replacement Value MORE than Home Value Richmond, RI Home Replacement Value LESS than Home Value
Replacement Value $378,000 $222,500
Insurance Premium based on Replacement Value $3,450 $2,025
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $70,500 Risk Exposure from Under Insuring Coverage is $85,000
Premium Impact Insurance cheaper by $775/year Insurance costlier by $650/year

Example Richmond Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company State FarmAmica Mutual Insurance CompanyAllstate
Monthly Premium 128164173
Year Built 194320112001
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 2 Baths
Coverage Amount $250000-$300000$250000-$300000$250000-$300000
Deductible > $10,000 Deductible$2500-$5000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Richmond, RI from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1985 380,000 Composition Roof 3,120 4 $2500-$5000 Deductible 2510 10 Vinyl siding No
1997 320,000 Slate Shingles Roof 1,760 3 $2500-$5000 Deductible 500 3 Fiber-Cement Siding yes
1985 215,000 Membrane Roof 1,630 4 $500- $1000 Deductible 590 3 Stucco siding yes
1997 390,000 Tile Roof 3,100 4 $5000 to $10,000 Deductible 870 3 Stone Siding No
1984 530,000 Membrane Roof 3,200 4 $500 Deductible 1460 3 Vinyl siding yes
1940 235,000 Membrane Roof 1,440 3 $5000 to $10,000 Deductible 450 3 Wood siding yes
1949 375,000 Slate Shingles Roof 2,050 3 $1000-$2500 Deductible 720 4 Vinyl siding No
2013 180,000 Wood Shake Roof 1,290 3 $5000 to $10,000 Deductible 450 4 Wood siding yes
2007 355,000 Metal Roof 2,290 4 $5000 to $10,000 Deductible 1510 5 Wood siding yes
2014 520,000 Asphalt Shingles Roof 3,750 5 > $10,000 Deductible 630 3 Stone Siding No
1946 375,000 Wood Shake Roof 2,330 3 $2500-$5000 Deductible 2180 10 Stucco siding yes
1984 305,000 Asphalt Shingles Roof 1,940 3 $2500-$5000 Deductible 190 1 Fiber-Cement Siding yes
1998 380,000 Asphalt Shingles Roof 2,660 4 $500- $1000 Deductible 580 2 Brick siding yes
1988 480,000 Shingles Roof 2,750 4 > $10,000 Deductible 1300 5 Stucco siding No
1990 245,000 Metal Roof 1,810 4 $500 Deductible 1810 12 Stone Siding yes
2000 275,000 Asphalt Shingles Roof 2,250 5 $2500-$5000 Deductible 160 1 Stucco siding yes
1991 440,000 Asphalt Shingles Roof 2,580 4 $5000 to $10,000 Deductible 2320 9 Vinyl siding yes
2010 370,000 Slate Shingles Roof 2,950 4 $500 Deductible 2620 10 Vinyl siding No
2011 425,000 Asphalt Shingles Roof 2,630 4 $2500-$5000 Deductible 1490 5 Fiber-Cement Siding yes
1985 380,000 Slate Shingles Roof 2,200 5 $500- $1000 Deductible 1280 4 Stucco siding yes
1942 610,000 Slate Shingles Roof 3,740 5 > $10,000 Deductible 990 3 Vinyl siding yes
1982 190,000 Tile Roof 1,450 3 $1000-$2500 Deductible 300 3 Stone Siding yes
1986 665,000 Wood Shake Roof 3,660 5 $1000-$2500 Deductible 3020 5 Fiber-Cement Siding yes
2000 240,000 Slate Shingles Roof 1,730 3 $500 Deductible 1620 9 Stucco siding yes
2008 480,000 Metal Roof 3,450 5 $1000-$2500 Deductible 4150 12 Fiber-Cement Siding yes
1983 630,000 Asphalt Shingles Roof 4,310 5 $500 Deductible 3340 6 Wood siding No
1942 370,000 Composition Roof 2,190 3 $500 Deductible 2120 5 Stucco siding No
1944 675,000 Membrane Roof 4,420 5 $2500-$5000 Deductible 1940 5 Vinyl siding No
1981 365,000 Asphalt Shingles Roof 2,040 5 $500- $1000 Deductible 2260 10 Stucco siding No
2010 270,000 Shingles Roof 2,000 3 $500- $1000 Deductible 1330 7 Stucco siding No
2006 510,000 Wood Shake Roof 2,960 5 $1000-$2500 Deductible 3300 10 Wood siding No
2014 195,000 Wood Shake Roof 1,550 3 $2500-$5000 Deductible 120 1 Wood siding yes
1942 285,000 Wood Shake Roof 1,750 3 $2500-$5000 Deductible 620 3 Fiber-Cement Siding yes
2009 700,000 Slate Shingles Roof 4,360 5 $2500-$5000 Deductible 1760 4 Wood siding No