Home Insurance in Providence County, Rhode Island
The median home value in Providence County is $373,600, 8% lower than the Rhode Island median.
The typical home in Providence County was built around 1956. About 54% of homes were built before 1960, about 6 points above Rhode Island's 48%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Providence County, the housing stock is 49% single-family homes and 21% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 68% of owner-occupied homes in Providence County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 57% of occupied homes in Providence County are owner-occupied.
Most homes in Providence County - 61% - are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA's National Risk Index lists inland flooding (Relatively High), hurricane (Relatively Moderate) and earthquake (Relatively Low) as the leading hazards for Providence County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Providence County has 2,001 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in Rhode Island is $2,396 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $373,600 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top hazards (FEMA National Risk Index) | Inland Flooding (Relatively High), Hurricane (Relatively Moderate), Earthquake (Relatively Low) |
| Active NFIP flood policies (county) | 2,001 |
| Home insurance premium | $2,396 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)