Rhode Island Homeowners Insurance: Average Cost (2025)
Annual Average
$1,600
Monthly
$133
vs National Avg
30% below
Nat. avg: $2,270/yr
Risk Factors in Rhode Island
Homeowners insurance in Rhode Island costs $1,600/year on average — 30% below the national average of $2,270. Insurers weigh wildfire risk, hurricane and tornado exposure, flood frequency, construction costs, and litigation environment when pricing policies.
Coverage Recommendations
- Dwelling coverage: 100% of replacement cost (not market value)
- Personal property: 50–70% of dwelling coverage
- Liability: $300,000 minimum; $500,000 if you have significant assets
- Additional living expenses: minimum 20% of dwelling coverage
- Consider flood insurance separately — standard policies exclude flood damage