Compare average insurance rates in Cranston for 2026
🏠
Home
$2145
/year
🚗
Auto
$2090
/year
🏥
Health
$477
/month
💰
Life
$23
/month
🏢
Renters
$20
/month
Home Insurance in Cranston, RI
The average cost of homeowners insurance in Cranston, Rhode Island is $2,145 per year in 2026. This compares to the state average of $1,950 per year.
$2,145per year (avg in Cranston)
$1320RI avg: $1,950$3080
Factors Affecting Home Insurance in Cranston
🏠
Home Value Average: $420,000
🌪
Weather Risk medium
🌊
Flood Zone 10% of properties
📈
Cost Index 1.1 (100 = national avg)
Home Insurance Coverage Comparison
Coverage Tier
Dwelling Coverage
Personal Property
Liability
Est. Annual Cost
Basic (HO-1)
$336,000
$168,000
$100,000
$1,608
Standard (HO-3)
$420,000
$210,000
$300,000
$2,145
Premium (HO-5)
$525,000
$315,000
$500,000
$2,895
Auto Insurance in Cranston, RI
The average annual cost of auto insurance in Cranston is $2,090, compared to the Rhode Island state average of $1,900.
$2,090per year (avg in Cranston)
$1320RI avg: $1,900$2970
📋
Minimum Coverage in Rhode Island: 25/50/25
Auto Insurance Coverage Comparison
Coverage Level
Liability
Collision
Comprehensive
Est. Annual Cost
Liability Only
State Minimum
None
None
$1,149
Full Coverage
100/300/100
$500 deductible
$500 deductible
$2,090
Premium
250/500/250
$250 deductible
$250 deductible
$2,717
Health Insurance in Cranston, RI
The average monthly health insurance premium in Cranston is $477 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.
$477per month (avg individual plan)
Health Insurance Plan Tiers
Plan Tier
Avg Monthly Premium
Typical Deductible
Out-of-Pocket Max
Best For
Bronze
$343
$7,000
$9,100
Healthy, low usage
Silver
$477
$4,500
$9,100
Moderate usage
Gold
$596
$1,650
$8,700
Regular medical needs
Platinum
$715
$0
$4,500
High usage / families
Life Insurance & Renters Insurance in Cranston
💰 Life Insurance
$23
per month (20-year term, $500K)
Life insurance rates in Rhode Island are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $23/mo for a 20-year term policy with $500,000 coverage.
🏢 Renters Insurance
$20
per month (avg in Cranston)
Renters insurance in Cranston covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.
Insurance Cost Calculator for Cranston
Estimate your total annual insurance costs based on your personal profile.
The average home insurance cost in Cranston, RI is $2,145 per year for a standard HO-3 policy. Rates range from $1,320 to $3,080 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Cranston is $2,090 per year for full coverage. Liability-only coverage averages around $940 per year. Rhode Island requires minimum coverage of 25/50/25.
Insurance costs in Cranston are close to the national average (cost index: 1.10). Home insurance averages $2,145/yr and auto insurance $2,090/yr. Higher costs are driven by moderate natural disaster risk.
Key factors include: local cost of living (index: 1.10), moderate natural disaster risk, average home values ($420,000), your personal claims history, credit score, and at-fault insurance laws in Rhode Island.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Cranston residents can potentially save $847+ per year.
Rhode Island requires minimum auto liability coverage of 25/50/25 (bodily injury per person / per accident / property damage in thousands). This is the legal minimum, but most experts recommend higher limits for adequate protection.
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