Rhode Island Car Insurance: Simple Guide to Car Insurance in RI

A law enacted in November 1993 makes it mandatory for car drivers to be able to prove their financial responsibility if they are involved in an accident. A convenient way to prove your financial responsibility is to buy auto insurance in Rhode Island that meets the state requirements.

Tort system is followed in Rhode Island. Tort demands the person responsible for causing an accident be responsible for paying the medical bills, car repair bills and other expenses of the other driver involved in the accident. This cost towards the other party is covered from the premiums you pay for the car insurance policy.

In Rhode Island, drivers are only required to carry liability coverage. Liability covers property damage and bodily injury caused to another person because of your negligence.

You need to purchase bodily injury protection of $25,000 per person and $50,000 per accident. You are also required to purchase $25,000 worth of property damage coverage.

Buying Uninsured/Underinsured coverage is not mandatory, but it is encouraged. This insurance protects your private assets when you are involved in an accident with an uninsured or underinsured driver. Buying a physical damage car insurance policy is also encouraged in Rhode Island.

More information on Rhode Island auto insurance car be obtained by contacting Rhode Island Department of Business Regulation in Providence by calling their office on 401-222-2246 or visiting their web site at www.dbr.state.ri.us.

Here are some ways to obtain cheap quotes in Rhode Island:

1) Taking a Driving Course:

Car insurance companies give discounts to people who have taken a special driving course. It is wise to ask the insurance officer if you are qualified to avail the discount. Car insurance companies do not consider people who have taken a driving course as accident-prone.

2) Combining Car and Home Insurance:

Car insurance companies offer 5 to 20 % discounts if you buy a car and a home loan from the same company.

3) Credit Rating:

Keeping a good credit score is one way to get cheap insurance quotes in Rhode Island. Lately, car insurance companies base the rate of car insurance on your credit history. If your credit history is not satisfactory then it is wise to search for companies that do not do credit checks.

4) Comprehensive Storage Coverage:

You can keep your car in comprehensive coverage if you do not plan to drive your car for a few months. A stored car does not need liability coverage and is unlikely to be involved in an accident.

5) Location, location, location:

Car insurance companies are ready to provide a good insurance rate to people who live near their workplace or school. Competitive insurance quotes are also available to people who have less mileage on their car as reducing the time you spend on the road, reduces the likelihood of being involved in an accident.