Providence Home Insurance at a Glance
For the same house, home insurance in Providence averaged $2,606 a year ($217 a month) across the 2 insurers we compared, 5.8% below the Rhode Island average of $2,767 a year. That’s for a 2,000 sq ft wood-frame house with a composition roof, built in 1997 and insured for $300,000 with a $1,000 deductible.
For the same home, prices among the 2 insurers we compared ranged from $147 to $287 a month, a $140-a-month gap for identical coverage. These are sample prices for one example home, not quotes or offers.
- $300K dwelling
- $1,000 deductible
- $300K liability
- Built 1997
- Composition roof
- 2,000 sq ft wood-frame house
- See the homes we priced
Rates as of Sept. 30, 2026 · Page updated Oct. 26, 2026
Providence home insurance: key numbers
- Home
- $2,606/yr $217/mo
- Renters
- $252/yr $21/mo
- Condo
- $508/yr $42/mo
How much is homeowners insurance in Providence?
Homeowners insurance in Providence averages $217 a month for the house we priced, with rates as of Sept. 30, 2026. The 2 major insurers we compared are Amica and Liberty Mutual, and each one priced our sample home in all 7 Providence ZIP codes in our data, in Providence County. For this house, Providence is below the Rhode Island average of $231 a month; it’s the only Rhode Island city in our data with at least 5 ZIP codes priced. Only 2 major insurers priced our sample home in Providence in our data, so this average reflects just those two; local and regional insurers we didn’t price may charge more or less, so compare several quotes.
Our figures are for a $300,000 dwelling, which works out to about $8.69 a year for each $1,000 of dwelling coverage in Providence; insuring a larger or costlier house for more usually costs more, though not always in step with the limit.
For the same insurers and ZIP codes, the Providence average rose 1.2% since Nov. 2025, from $2,575 a year ($215 a month) on Nov. 30, 2025, to $2,606 ($217) on Sept. 30, 2026, as Amica’s rose 3.6% and the other insurers’ prices didn’t change.
Homeowners insurance averages by insurer in Providence for our sample home (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| Amica | $147 | $1,768 |
| Liberty Mutual | $287 | $3,444 |
Amica averaged $147 a month ($1,768 a year) and Liberty Mutual $287 ($3,444) for our sample home.
By ZIP code: each insurer’s yearly price for the same house changed with the Providence address:
- Amica ran from $1,752 a year in 4 ZIP codes, including 02903 to $1,821 in 02905.
- Liberty Mutual ran from $3,348 a year in 02903 to $3,517 in 02907.
Who has the cheapest homeowners insurance in Providence?
With only 2 insurers in our data for Providence home insurance, we show both averages instead of calling one the lowest in Providence: Amica $147 and Liberty Mutual $287 a month for our sample home. Local and regional insurers we didn’t price may charge less, so compare a few quotes.
What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Providence, ZIP code averages for this house ran from $213 to $222 a month, while insurers’ Providence averages ran from $147 to $287.
Your ZIP code matters
Does your ZIP code matter in Providence?
In Providence, the insurer you pick matters far more than your ZIP code. For our sample home, insurers’ Providence averages are $1,676 a year apart, from $1,768 to $3,444.
Of the 7 Providence ZIP codes we priced, 4 averaged more than the city’s $217 a month for this house, 3 less.
Every Providence ZIP code we priced came within $112 a year of the others, so where you live in Providence barely changed the price for this house.
See all 7 ZIP codes
Average home, renters and condo insurance prices by ZIP code in Providence, RI, for the homes we priced (rates as of Sept. 30, 2026). Monthly averages.
| ZIP | Home | Renters | Condo |
|---|---|---|---|
| 02903 | $213 | $22 | $45 |
| 02904 | $215 | $20 | $40 |
| 02906 | $216 | $22 | $45 |
| 02908 | $218 | $21 | $42 |
| 02909 | $218 | $22 | $44 |
| 02907 | $220 | $22 | $45 |
| 02905 | $222 | $19 | $37 |
Each ZIP code’s figure averages the insurers we priced there.
Same house, different city: how does Providence compare?
Providence is the only Rhode Island city in our data with at least 5 ZIP codes priced, so the table compares it with the state as a whole.
Same sample home: average home insurance prices in Providence and the Rhode Island average (rates as of Sept. 30, 2026)
| Place | Per month | Per year | vs. state |
|---|---|---|---|
| Providence | $217 | $2,606 | −5.8% |
| Rhode Island | $231 | $2,767 | Baseline |
| Average of the 50 states and D.C. | $258 | $3,101 | +12.1% |
Each city covers the ZIP codes in our rate data with that city as their main mailing address; every row prices the same house.
Across the U.S., 123 of the other 291 cities in our data with at least 5 ZIP codes priced have a lower average for this house than Providence, and 168 a higher one.
For the statewide picture, see home insurance costs in Rhode Island.
Compare all states: home insurance costs for the same house in all 50 states and D.C.
What does a Providence homeowners policy cover?
A standard homeowners policy pays to repair or rebuild after covered damage such as fire, lightning, wind and hail, theft and some water damage from burst pipes; flood and earthquake damage need separate coverage. All six coverages below are inside the $2,606-a-year Providence average for our sample home.
- Dwelling ($300,000): the house itself, from the foundation to the roof.
- Other structures ($30,000): a detached garage, carport, fence or shed.
- Personal property ($150,000): furniture, clothes and electronics.
- Loss of use ($30,000): a rental and other extra costs while repairs keep you out.
- Personal liability ($300,000): legal defense and damages if you’re responsible for someone’s injury or property damage.
- Medical payments ($5,000): smaller medical bills for a guest hurt at your home.
Say a storm damages the roof and the repair costs $15,000. With the $1,000 deductible we priced, the policy would pay up to $14,000. With a 2% wind and hail deductible on the same $300,000 house, you’d pay the first $6,000 instead, and the policy up to $9,000.
Is $200 a month a lot for home insurance in Providence?
$200 a month is less than our sample home costs in Providence: $217 a month. 1 of the 2 insurers we compared averaged under $200 for the same house: Amica ($147). If a quote for your home is near $200, compare its dwelling limit and deductibles with ours ($300,000 and $1,000) before you decide.
Why your Providence quote may differ from these prices
Use our one-house figures as a starting point when you compare home insurance quotes for yours.
Your roof: Our sample house has a composition roof, and we priced it without a roof age. Insurers often charge more for older roofs, so ask how your roof’s age and material change your quote.
Your claims and credit: a recent claim, or weaker credit where an insurer uses it, can push a Providence quote above the $217 a month our claim-free, good-credit owner averages.
Your deductibles: our house has one $1,000 deductible for covered losses other than a hurricane. If your policy has a separate percentage deductible for wind and hail, your premium and your out-of-pocket cost after a storm will both differ from ours.
What is the 80% rule in homeowners insurance?
A consumer guide from the National Association of Insurance Commissioners, the group of state insurance regulators, explains that many policies reduce a partial-loss payment if you insure for less than 80% of your home’s replacement cost, the cost to rebuild it. For our $300,000 sample house, that’s at least $240,000, so check your limit against a current rebuilding cost, not the home’s market value.
What drives home insurance prices in Providence?
For our sample house, Providence’s average is 15.9% below the average of the 50 states and D.C. Our figures don’t separate causes; these official records show what Providence homes face.
Downtown Providence was submerged under a storm tide of nearly 20 feet during the Great New England Hurricane on Sept. 21, 1938, according to the National Weather Service.
After Hurricane Carol flooded downtown Providence in 1954, the Fox Point Hurricane Barrier was built to protect the city from storm surge, according to the Rhode Island Department of Environmental Management.
How do wind and hail deductibles work in Providence?
Your deductible is the amount you pay out of pocket on each claim before your insurer pays. The house we priced has a $1,000 deductible for covered losses other than a hurricane, including wind and hail. Our sample home request also includes a 2% hurricane deductible, a setting we use in every state; real Providence policies may use a separate wind and hail deductible, so ask for yours.
Rhode Island rules cap an optional hurricane deductible at 5% of dwelling coverage, require clear notice of it when the policy is issued or renewed, and apply it from a National Weather Service hurricane warning until 24 hours after the last warning ends, once per calendar year.
Your wind and hail deductible in dollars (illustration only)
| Dwelling coverage | 1% | 2% | 5% |
|---|---|---|---|
| $200,000 | $2,000 | $4,000 | $10,000 |
| $300,000 (our sample home) | $3,000 | $6,000 | $15,000 |
| $400,000 | $4,000 | $8,000 | $20,000 |
The table shows deductibles, not premiums. At 2%, the deductible on our sample home’s $300,000 dwelling is $6,000, more than the $2,606 a year that house averages in Providence.
A higher deductible usually lowers your premium, so weigh the lower price against the bigger bill you’d face after a storm.
How to find cheaper home insurance in Providence
For our sample home, insurers’ Providence averages ran from $1,768 to $3,444 a year. These are the levers you control; how much each one moves a quote depends on the insurer and the house, and none of them comes with a promised price.
Compare at least three insurers: on the same house, insurers’ Providence averages ran from $147 to $287 a month, while the ZIP code moved each insurer’s price far less.
Price two deductibles: ask each insurer for the premium at your current deductible and one step higher, and keep any percentage wind and hail deductible in dollars in mind (2% of $300,000 is $6,000, about 28 months of Providence’s $217-a-month average premium).
Ask about a tougher roof and safety devices: impact-resistant roofing, smoke detectors, burglar alarms and dead-bolt locks are common discounts to ask about.
Bundle with care: some insurers take roughly 5% to 15% off when you buy home and car insurance together, the Insurance Information Institute says; compare both ways before you decide.
Keep the coverage you need: insuring at least 80% of the rebuilding cost protects you on partial losses, so a lower price that comes from a lower limit can cost you after a large claim.
Guard a clean record: our sample owner has no claims in 10 years, and the $217-a-month Providence average assumes that clean record; a recent claim can raise a quote.
What if an insurer won’t renew your Providence home?
Read the notice and your policy’s own cancellation and nonrenewal terms, then start shopping right away. If a notice doesn’t make sense to you, or you need help with a claim, call the Rhode Island Department of Business Regulation, Insurance Division at 401-462-9520.
In our data, every insurer we compared priced our sample home in all 7 Providence ZIP codes.
Got a nonrenewal notice?
- Note the date your coverage ends and start shopping now.
- Get quotes from at least three insurers (we compared 2 in Providence, from $147 to $287 a month for the same house), or ask a licensed agent to compare them for you.
- If the notice looks wrong, call the Rhode Island Department of Business Regulation, Insurance Division at 401-462-9520.
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How much is renters insurance in Providence?
Renters insurance for our sample renter averages $21 a month ($252 a year) in Providence. For our sample renter, prices among the 3 insurers we compared ranged from $12 to $29 a month, a $17-a-month gap for the same coverage.
Renters insurance averages by insurer in Providence for our sample renter (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| Amica | $12 | $138 |
| Allstate | $23 | $274 |
| Liberty Mutual | $29 | $345 |
Amica averaged $12 a month ($138 a year), Allstate $23 ($274) and Liberty Mutual $29 ($345) for our sample renter.
We don’t name a lowest renters insurer in Providence (the methodology explains when we do); the renters table above lists every insurer’s average for the same renter, from $12 to $29 a month.
Providence’s renters average is 7.5% above the Rhode Island renters average of $235 a year ($20 a month) and 1.5% below the average of the 50 states and D.C., $256 a year ($21 a month). Among the 292 U.S. cities in our data with at least 5 ZIP codes priced, 155 have a lower renters average for our sample renter than Providence, 136 a higher one. Our sample renter’s policy costs about 10% of what our sample home costs to insure in Providence.
For the same insurers and ZIP codes, the Providence renters average didn’t change between Nov. 30, 2025 and Sept. 30, 2026: it was $21 a month on both dates.
By ZIP code, the Providence renters average for our sample renter ran from $19 a month in 02905 to $22 in 02907. Of the 7 ZIP codes, 4 averaged more than the city’s $21 a month for our sample renter, 2 less and 1 the same.
Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims. Rates as of Sept. 30, 2026, from 21 sample prices by 3 insurers across 7 Providence ZIP codes.
- $40K belongings
- $300K liability
- $1,000 deductible
What does renters insurance cover in a Providence apartment?
Your landlord’s insurance is for the building; a renters policy is for your belongings and your liability. The policy we priced pays up to $40,000 for belongings after a covered fire, storm or burglary and $300,000 if you’re responsible for someone’s injury or property damage. In Providence, that package averages $21 a month; flood and earthquake damage need separate coverage.
How we got these renters prices: each insurer’s average across the 7 Providence ZIP codes in our data. Sample prices, not quotes or offers.
How much is condo insurance in Providence?
Condo insurance for our sample condo averages $42 a month ($508 a year) in Providence. For our sample condo, prices among the 3 insurers we compared ranged from $36 to $53 a month, a $17-a-month gap for the same coverage.
Condo insurance averages by insurer in Providence for our sample condo (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| Amica | $36 | $434 |
| Liberty Mutual | $38 | $458 |
| Allstate | $53 | $634 |
Amica averaged $36 a month ($434 a year), Liberty Mutual $38 ($458) and Allstate $53 ($634) for our sample condo.
Amica had the lowest condo average for our sample condo of the insurers anyone can buy from, $36 a month ($434 a year), 5.2% below Liberty Mutual’s $458 a year, the next of those insurers. Your unit may price differently, so get a few condo quotes.
Providence’s condo average is 10.7% above the Rhode Island condo average of $459 a year ($38 a month) and 5.7% above the average of the 50 states and D.C., $481 a year ($40 a month). Among the 292 U.S. cities in our data with at least 5 ZIP codes priced, 117 have a lower condo average for our sample condo than Providence, 174 a higher one. Our sample condo’s policy costs about 20% of what our sample home costs to insure in Providence.
For the same insurers and ZIP codes, the Providence condo average rose 6.2% since Nov. 2025, from $40 to $42 a month, as Allstate’s rose 13.5%, Amica’s rose 3.4% and the other insurers’ prices didn’t change.
By ZIP code, the Providence condo average for our sample condo ran from $37 a month in 02905 to $45 in 02907. Of the 7 ZIP codes, 4 averaged more than the city’s $42 a month for our sample condo, 2 less and 1 the same.
Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. The owner is 40, single, has good credit and no claims in 10 years.
- $60K unit coverage
- $60K belongings
- $1,000 deductible
- Built 2005
Which part of a Providence condo is yours to insure?
The association’s master policy covers the building, and your condo policy covers what the declaration and master policy leave to you. In our sample policy, $60,000 covers the inside of the unit and $60,000 your belongings, and that package averages $42 a month in Providence.
What to check with your HOA before you buy condo insurance
- The master policy: ask the association or manager for its certificate of insurance and declarations page.
- Bare walls or more: find out whether it stops at the bare walls or also covers fixtures and finishes; that sets your unit coverage.
- The master deductible: ask how large it is and whether the association can pass part of it to owners after a storm.
- Loss assessment: ask your insurer how much loss assessment coverage your policy includes (it can pay your share if the association bills owners for a covered loss to shared parts of the building).
Nearby Rhode Island cities
State average
Home $231/mo
Renters $20 · Condo $38
You may also want to compare: car + home insurance in Providence
Many Providence homeowners insure a car too. Some insurers take roughly 5% to 15% off when you buy home and car insurance from them together (Insurance Information Institute), but the same insurer has to write both policies, and buying both from one insurer isn’t always the lower-priced choice, so compare both ways.
See car insurance rates in Providence · Rhode Island car insurance rates · How bundling home and auto insurance works
Frequently asked questions about home insurance in Providence
What is the average cost of home insurance in Providence?
For the house we priced, Providence averages $2,606 a year ($217 a month) across the 2 insurers we compared and 7 ZIP codes, with rates as of Sept. 30, 2026. That’s 5.8% below the Rhode Island average of $231 a month.
Which Providence ZIP code has the cheapest home insurance?
ZIP code barely changes the price in Providence: for our sample home, the 7 ZIP codes we priced averaged $213 to $222 a month. The insurer matters far more: insurers’ Providence averages ran from $147 to $287 a month.
How do I get home insurance quotes in Providence?
Enter your ZIP code in any quote box on this page to compare free home insurance quotes for your Providence address. Get at least three, and compare each one’s dwelling limit and deductibles with ours ($300,000 and $1,000).
How much is insurance on a $400,000 house in Providence?
We priced a $300,000 dwelling, not $400,000. For that house, Providence averages $217 a month. A $400,000 house usually costs more to insure, so get quotes for your own rebuild cost, and remember the 80% rule.
Does Providence home insurance cover wind and hail damage?
Generally, yes, minus your deductible: a standard homeowners policy covers wind and hail damage. Some insurers use a separate percentage deductible for wind and hail, so work out what yours means in dollars; on our $300,000 sample house, 2% is $6,000, or $3,394 more than a year of the Providence average premium for that house.
Is flood damage covered by home insurance in Providence?
No. A standard Providence home or renters policy doesn’t cover flooding. You can buy it through federal flood insurance (NFIP) or a private insurer, and a new NFIP policy usually takes 30 days to start, so don’t wait for a storm warning.
Are Providence home insurance rates going up in 2026?
For the house we priced, the Providence average rose 1.2% for the same insurers and ZIP codes between Nov. 30, 2025 and Sept. 30, 2026, to $217 a month. Your own renewal depends on your insurer, your home and your claims.
What does renters insurance cost in Providence?
Our sample renter, insuring $40,000 of belongings with $300,000 liability, pays an average of $21 a month ($252 a year) in Providence across the 3 insurers we compared.
What does condo insurance cost in Providence?
Our sample condo, with $60,000 of unit coverage and $60,000 for belongings, averages $42 a month ($508 a year) in Providence across the 3 insurers we compared.
Official resources for Providence homeowners
- City of Providence: Floods Points you to the Rhode Island Floodplain Viewer to check whether your property is in a flood-prone area.
- RIEMA Hurricane Evacuation Zones Explains hurricane evacuation Zones A and B and links to a local evacuation map for each coastal community.
- Rhode Island Department of Business Regulation: insurance Consumer help and licensed insurers.
- Rhode Island hurricane deductible rule The 5% cap and notice rules.
- National Association of Insurance Commissioners: homeowners guide Coverage basics and the 80% rule.
- FEMA Flood Map Service Center The official source for FEMA flood maps.
- FloodSmart FEMA’s site for the National Flood Insurance Program.
How we calculated these prices
We priced the same house with 2 major insurers, and the same apartment and condo with 3 insurers each, in each of the 7 Providence ZIP codes in our data, using licensed insurance rate data from Quadrant Information Services, with rates as of Sept. 30, 2026. Each Providence figure is the average of the ZIP-code averages, and monthly figures are yearly figures divided by 12. These are sample prices for one example home, renter and condo, not quotes or offers.
Full details
The homes we priced
- Home (HO-3, a standard homeowners policy): Our sample home is a 2,000-square-foot, two-story wood-frame house with a composition roof, built in 1997, insured for $300,000 with $150,000 for belongings, $300,000 liability and a $1,000 deductible for covered losses other than a hurricane. Our home price requests also set a 2% hurricane deductible, the same setting in every state. The owner is 40, single, has good credit and no claims in 10 years.
- Renters (HO-4, a renters policy): Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims.
- Condo (HO-6, a condo unit-owner policy): Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. Same owner profile as the home.
- All three are in protection class 3 (a fire-protection rating), 1,000 feet from a hydrant and 3 miles from a fire station, with the distance to the coast set at 10 miles in every state’s price requests, so differences between ZIP codes come from how each insurer prices that ZIP code.
How the averages work: for each insurer and ZIP code we used its lowest eligible price, averaged the insurers in each ZIP code, then averaged the ZIP codes, so every ZIP code counts the same. Percentages are worked out before rounding, so they can differ slightly from the rounded dollars shown. The price change compares the same insurers in the same ZIP codes on Nov. 30, 2025, and Sept. 30, 2026.
Which insurers we name: we don’t name a lowest-priced insurer when its lead over the next one is more than 30%, or when it was priced in fewer than 90% of a place’s ZIP codes, and we show the average without any insurer priced at more than twice the others. Each section says which insurer, if any, passed these tests for that line. We also never name an insurer that sells only to members, such as USAA (military families only) or an AAA insurer, and when the two lowest are within 5% of each other we call it a near tie.
Sample: Home: 14 sample prices from 2 insurers across 7 ZIP codes. Renters: 21 from 3 insurers. Condo: 21 from 3 insurers. Providence here means the 7 ZIP codes in our rate data whose main post-office city is Providence, in Providence County.
Insurer notes: we review every note an insurer attaches to a price before publishing, with the same rules as our Rhode Island page.
- Allstate’s home prices in all 53 Rhode Island ZIP codes in our data (Providence’s included) are left out: they carry an insurer note we are still reviewing, so they stay out of our averages until we decide.
- Narragansett Bay’s condo prices in all 53 Rhode Island ZIP codes in our data (Providence’s included) and home prices in all 53 Rhode Island ZIP codes in our data (Providence’s included) are left out: the quote tool returned a note saying the company isn’t taking new business there, so we left them out.
Comparisons: the other cities, Rhode Island and the 292 U.S. cities in our data use the same method and rates; the 50-states-and-D.C. figure averages each state’s average and D.C.’s.
Sources for local facts: National Weather Service Boston, Rhode Island Department of Environmental Management, City of Providence, Rhode Island Emergency Management Agency, Rhode Island Department of Business Regulation, National Weather Service, National Association of Insurance Commissioners, FEMA, Insurance Information Institute.
Rates as of Sept. 30, 2026; price changes compare prices as of Nov. 30, 2025.
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- About the Author
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Autumn Cafiero Giusti is a licensed life and health insurance broker and award-winning journalist with more than 20 years of experience. She writes extensively about flood, Medicare, home, and life insurance for publications like U.S. News and CBS News.
