Drivers shopping for auto insurance often feel pressured to purchase only the minimum required by law, which may save them money up-front, but can put you at risk should an accident or other event occur without adequate financial coverage. Higher levels of coverage like comprehensive and collision can cost more than state minimums but provide vital protection in case anything unexpected comes your way – using Rhode Island Car Insurance Calculator will give you an idea of how much these additional policies cost relative to liability-only policies.

Rhode Island car insurance costs depend on many variables, but some of the most significant include your age and gender, driving history, credit score and location of residence. Drivers with poor credit tend to file more claims which increases risk and raises rates; drivers with longer commutes also incur greater expenses due to an increased likelihood of accidents occurring on regular occasions.

Age can play an enormous role in insurance rates, as young drivers are statistically more likely to get into accidents than older drivers. Coupled with their reputation as high-risk drivers, premiums tend to remain higher for this demographic – gradually diminishing once drivers reach age 70.

Rhode Island insurance rates depend on many factors, from age and gender of drivers to the type of car they drive. Vehicles which tend to be more costly for repairs or replacement such as luxury and sports cars will usually need more extensive and expensive coverage while safety ratings, theft/vandalism rates can all have an effect on premiums.

Rhode Island neighborhoods can have an enormous effect on the cost of your policy. Insurance companies look at crime, traffic congestion and car theft statistics when setting rates in each neighborhood to determine their risks – using this data, rates are determined for that area.

Other factors that could alter your insurance premium in Rhode Island are your number of citations and accidents as well as credit score, the latter of which is used to predict whether or not someone files an accident claim; those with higher credit scores typically enjoy reduced insurance premiums since they’re less likely to file one resulting from accidents or vandalism.

Maintaining an active policy without gaps can also help lower rates, with drivers who let their coverage lapse likely to pay up to 11% more than drivers with continuous coverage. You could save by choosing higher deductibles for both comprehensive and collision coverage as well as increasing liability limits – or keep reading!