"Rhode Island homeowners face mid-range insurance premiums compared with other states, reflecting both the state's coastal exposure and its smaller housing market. While not as expensive as Gulf Coast states like Florida or Louisiana, Rhode Island's costs trend higher than those of some New England neighbors. New data from the U.S. Census Bureau and the 2025 Climate Risk Report place Rhode Island in the middle of the national spectrum."
"According to the American Community Survey (ACS) data from the U.S. Census Bureau, Rhode Island homeowners with a mortgage typically pay $1,500-$1,999 annually for homeowners insurance, while those without a mortgage average the same $1,500-$1,999. Overall statewide costs also fall into the $1,500-$1,999 range. Rhode Island has 284,679 insured homeowner households in total-186,736 with a mortgage and 97,943 without. Among mortgaged owners, 16,978 pay less than $100 annually and 17,782 pay $4,000 or more."
Rhode Island homeowners generally pay mid-range homeowners insurance premiums, influenced by coastal exposure and the state's relatively small housing market. The U.S. Census Bureau and the 2025 Climate Risk Report place Rhode Island near the middle of the national spectrum for insurance costs. American Community Survey data show homeowners with and without mortgages typically pay $1,500–$1,999 annually. The state has 284,679 insured homeowner households: 186,736 with a mortgage and 97,943 without. Among mortgaged owners, 16,978 pay less than $100 annually and 17,782 pay $4,000 or more. Costs exceed some New England neighbors but remain below Gulf Coast extremes.
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