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Rhode Island Car Insurance (RI)The State of Rhode Island has minimum liability requirements for car insurance on every passenger car registered in the state. The state also has a statutory requirement that every car insurance policy include coverage for uninsured drivers. Minimum Insurance Requirements for Rhode IslandRhode Island's mandatory liability coverage is $25,000 and $50,000. Minimum property damage liability, under the law, is $25,000. What this insurance covers is costs to the other car, driver and passengers should you be involved in an accident that is your fault. The bodily injury figures meant that your policy will pay up to $25,000 in injury-related costs for any one person in the other car. It will pay a maximum of $50,000 for injury-related costs for all parties in that car. The property damage liability coverage pays for damages to the car that you hit. Rhode Island requires that you carry coverage for uninsured motorists as well. This insurance pays for your costs if you are involved in an accident with an uninsured driver. Usually the minimum requirements on uninsured motorist coverage are the same as in the liability clause: in this case, $25,000 and $50,000 for bodily injury and $25,000 for property damage. Some uninsured motorist insurance clauses cover only medical costs and do not cover property damage. These minimums meet state requirements, but do not limit your liability. The statutory requirements are a little unrealistic with today's medical care costs and auto repair or replacement costs. Most drivers carry minimum bodily injury liability levels of at least $100,000/$300,000 and much higher property damage liability as well. Additional Insurance Coverage Options for Rhode IslandMost drivers also pick up some optional coverage clauses to round out their protection. In the case of damage to your car, there are two types of coverage. Collision coverage pays for damages to your car from an accident where you are at fault. Comprehensive coverage pays for non-accident related damages from such incidents as storms, fire, theft or vandalism. Medical payments insurance is another standard option for additional protection. This policy clause will provide payments for injury related costs to you and your passengers, regardless of who is at fault. Often this type of coverage will extend to lost work time and rehabilitation costs as well. There are a couple of minor add-ons that most insurance companies make available. You can purchase towing insurance to cover the cost of having your car moved from the accident scene. You can also buy coverage for rental car costs while your car is in the shop.
* Cars-Insured.net is not a broker, insurance agent, or carrier. The content on the site is for informational purposes only. Products and services described may not be available in all states. |
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