Rivian Car Insurance Review (2023)
Rivian car insurance is between $275 and $300 per month, depending on your Rivian vehicle. Rivian auto insurance is designed for Rivian electric cars known as R1T and R1S. Nationwide and The Cincinnati Insurance Company underwrite Rivian insurance policies and provides bundling options with other policies as well.
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Chris Harrigan
Former Auto Insurance Claims Manager
Chris Harrigan has an economic degree from Limestone College and an MBA from Clemson University. He previously managed auto insurance claims for Enterprise Rent-A-Car. Currently, he is using his business and insurance expertise to provide insurance data analysis and visualizations to enhance the user experience.
Former Auto Insurance Claims Manager
UPDATED: Nov 14, 2023
It’s all about you. We want to help you make the right car insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 14, 2023
It’s all about you. We want to help you make the right car insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- AM Best Rating: A+
- Monthly Rates From: $46-$121
- Types of Coverage: Auto
- Customer Service & Claims Number: (888) 748-4261
Rivian is a new electric vehicle manufacturer, and when you buy a Rivian, a tailor-made insurance policy is available to you. You can add Rivian car insurance to your vehicle expenses if you want to skip shopping with multiple insurance companies.
How much are Rivian car insurance rates? Where can you get Rivian car insurance quotes? Don’t worry – we’ll answer your questions about Rivian insurance.
Read this Rivian car insurance review to learn more about Rivian Insurance Services, LLC, how much Rivian car insurance costs, and who underwrites car insurance for Rivian.
Before learning about Rivian car insurance, enter your ZIP code in the free online quote tool above to compare multiple insurance companies in your area.
| Coverage Type | Rivian | U.S. Average |
|---|---|---|
| Full Coverage | $121 | $119 |
| Minimum Coverage | $46 | $45 |
How much is Rivian car insurance?
According to the National Association of Insurance Commissioners (NAIC), full coverage auto insurance is $90 a month.
However, Rivian car insurance rates can be as high as $300 per month. Rivian auto insurance rates are more expensive in some situations because the value of Rivian vehicles is higher than most trucks and SUVs. Additionally, electric cars generally cost more to insure. Let’s look at how much Rivian cars are worth.
| Vehicle Details | R1T | R1S |
|---|---|---|
| Starting price | $64,000 | $70,000 |
| Miles per battery charge | 314 miles | 316 miles |
| Recommended wheel size | 21 inch | 21 inch |
| Towing capacity | 11,000 lbs | 7,700 lbs |
| Wading depth | 3 feet | 3 feet |
Luxury and sports cars are more expensive than most passenger cars, trucks, and SUVs. And Rivian vehicles have MSRPs that are in the luxury car price range. That means higher insurance costs.
How do Rivian car insurance rates compare to other electric vehicles?
Rivian auto insurance rates vary for each vehicle type. Let’s see how Rivian cars compare to competitors like Tesla.
- Rivian R1T – $300/month
- Rivian R1S – $275/month
- Tesla Model 3 – $147/month
- Tesla Model S – $180/month
On average, Rivian vehicles are more expensive for car insurance. However, you may be able to secure cheaper rates. Multiple factors determine whether affordable Rivian car insurance is available to you.
How much are Rivian car insurance rates based on driving record?
Your Rivian auto insurance could be based on your driving history. Since Rivian is connected to Nationwide, we can take a look at Nationwide car insurance rates. Let’s look at Nationwide’s average monthly rates based on driving history.
| Driving Record | Nationwide Average Monthly Rates |
|---|---|
| No Infractions | $229 |
| With One Speeding Ticket | $259 |
| With One At-fault Accident | $283 |
| With One DUI/DWI | $379 |
To secure cheaper Nationwide auto insurance rates, you’ll need to maintain a clean driving record. Any traffic violation or accident drives up your insurance rates.
Does credit score affect Rivian car insurance quotes?
Credit history can impact your auto insurance rates if it’s legal in your state. But how does it affect Nationwide insurance costs?Let’s see.
| Credit Score | Nationwide Average Monthly Rate |
|---|---|
| Good (670-739) | $244 |
| Average (580-669) | $271 |
| Poor (300-579) | $340 |
Good credit car insurance is the best way to secure affordable rates, but bad credit-based car insurance provides the opposite.
Do Rivian car insurance rates vary based on the state?
Rivian car insurance is available in 48 states in the nation. However, Nationwide provides auto insurance across all states. Let’s compare Nationwide car insurance rates by state.
| State | Nationwide Average Monthly Premium |
|---|---|
| Alabama | $145.82 |
| Arizona | $182.96 |
| Arkansas | $132.92 |
| California | $265.08 |
| Colorado | $180.58 |
| Connecticut | $184.96 |
| Delaware | $181.89 |
| District of Columbia | $238.27 |
| Georgia | $183.53 |
| Idaho | $117.98 |
| Illinois | $147.03 |
| Indiana | $140.84 |
| Iowa | $113.36 |
| Kansas | $145.32 |
| Kentucky | $246.59 |
| Maine | N/A |
| Maryland | $209.46 |
| Michigan | $344.62 |
| Mississippi | $145.20 |
| Missouri | $136.38 |
| Nebraska | $126.05 |
| Nevada | $304.37 |
| New Hampshire | $130.51 |
| New Jersey | $289.18 |
| New York | $364.06 |
| North Carolina | $100.05 |
| Ohio | $122.47 |
| Oregon | $131.32 |
| Pennsylvania | $128.82 |
| Rhode Island | $229.17 |
| South Carolina | $141.90 |
| Tennessee | $153.15 |
| Texas | $236.42 |
| Utah | $132.58 |
| Vermont | $103.92 |
| Virginia | $143.80 |
| Washington | $140.12 |
| West Virginia | $174.92 |
| Wisconsin | $134.97 |
Even if you can’t get a hold of Rivian auto insurance, Nationwide can provide the coverage you need for a Rivian vehicle. You can get Nationwide car insurance rates for $167 per month under the right circumstances.
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Does Rivian have other insurance products?
Yes, it does. Rivian Insurance Services has homeowners, renters, and umbrella insurance. You can even purchase insurance for boats, campers, and recreational vehicles. These are all provided through a partnership with existing insurance companies. Bundle these insurance products with your Rivian car insurance policy to receive additional savings.
Does Rivian have car insurance discounts?
Although Rivian car insurance quotes are private, you can qualify for multiple discounts from Rivian Insurance Services, LLC. They include:
- Anti-lock brake (ABS) discount
- Anti-theft discount
- Electric vehicle discount
- Multi-policy discount
- Passive restraint discount
- Seatbelt discount
If you’re eligible for several Rivian discounts, you could save up to 20% on Rivian car insurance rates. Stacking auto insurance deals can save you hundreds of dollars per year.
How can I save money using Drive+ at Rivian?
Using Rivian Drive+ features can save money on Rivian auto insurance. Rivian Drive+ has a hands-free driving program in addition to 11 cameras, five radars, 12 ultrasonic sensors, and a 360-view field of vision.
Does Rivian car insurance have a good financial strength rating?
Rivian Insurance Services is new to the auto insurance industry, so it hasn’t had the chance to fully compete with some of the insurance companies in the United States. However, Nationwide is listed among the top ten companies in the nation. Let’s review Nationwide’s financial strength, credit, and customer review ratings.
| Agencies | Nationwide Ratings |
|---|---|
| AM Best | A+ |
| Better Business Bureau (BBB) | A |
| Moody's | A1 |
| S&P | A+ |
| NAIC Complaint Index | 2.23 |
| J.D. Power - Power Circle Ratings | About Average |
| Consumer Reports | 88 |
| Apple App Store (iOS) | 2 stars |
| Google Play Store (Android) | 3 stars |
Nationwide has excellent financial strength and credit in the auto insurance industry.But Nationwide struggles with customer complaints from the Nationwide mobile app and general insurance services.
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Streamlining Experience With Rivian Claims Process
Ease of Filing a Claim
Rivian car insurance offers multiple convenient options for filing a claim. Customers can choose to file their claims online through the company’s website, over the phone by contacting Rivian Insurance Advisors at 1-888-748-4268, or by using the Rivian mobile app. This flexibility in claim filing methods ensures that customers can choose the option that best suits their preferences and needs.
Average Claim Processing Time
The average claim processing time with Rivian car insurance is highly competitive. Customers typically experience efficient and prompt claim handling, allowing for quick resolution of their insurance claims. Rivian Insurance Services, LLC, in partnership with Nationwide and The Cincinnati Insurance Company, is committed to providing timely and hassle-free claim processing to enhance the overall customer experience.
Customer Feedback on Claim Resolutions and Payouts
Rivian car insurance has garnered positive feedback from customers regarding their claim resolutions and payouts. The company’s dedication to customer satisfaction is reflected in its commitment to fair and transparent claims processing. Customers appreciate the reliability of Rivian’s claim settlements and the ease of receiving their payouts, contributing to the insurance provider’s reputation for excellent customer service.
Unleashing Innovation With Rivian Digital and Technological Features
Mobile App Features and Functionality
Rivian offers a comprehensive mobile app that caters to the needs of policyholders. The app provides features and functionality that allow users to manage their insurance policies, file claims, access policy documents, and even track the status of their claims. Additionally, the mobile app offers a user-friendly interface, making it easy for customers to navigate and access essential insurance information on the go.
Online Account Management Capabilities
Rivian’s online account management capabilities are designed to empower customers with the tools they need to manage their policies effectively. Policyholders can log in to their online accounts to view and update policy details, make premium payments, and review their coverage options.
The online portal streamlines the policy management process, providing a convenient and efficient way for customers to stay informed about their insurance.
Digital Tools and Resources
Rivian offers a range of digital tools and resources to assist customers in making informed decisions about their insurance coverage. These resources may include educational articles, insurance calculators, and informative content aimed at helping policyholders understand their insurance needs better.
Rivian’s commitment to providing digital tools and resources underscores its dedication to enhancing the overall customer experience and ensuring that customers have access to valuable information to make informed insurance choices.
Rivian’s Customer Reviews
Reviews from customers who have utilized Rivian car insurance generally reflect a high level of satisfaction. Policyholders often express their contentment with the company’s efficient claims processing and the convenience of managing policies via the user-friendly mobile app.
Additionally, customers commend Rivian for its transparent pricing structure and their ability to instill a sense of security while driving Rivian vehicles. These reviews provide an insight into a company that prioritizes customer service and places a strong emphasis on its policyholders’ well-being.
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What is Rivian’s history?
Robert Scaringe founded Rivian in 2009. Rivian is an independent company that’s located in Irvine, California.
Rivian focuses on electric trucks and SUVs, while Teslas is geared toward luxury sedans and passenger vehicles. In 2017, Rivian purchased a former Mitsubishi manufacturing facility in Normal, IL. This gave Rivian an opportunity to start alpha builds of its vehicles. Some of Rivian’s notable investors are Amazon and Ford.
By 2019, Rivian went public. Although Rivian hasn’t sold a vehicle, it raised nearly $2 billion. Rivian Insurance Services, LLC and Rivian Automotive are two departments that are part of Rivian. As of 2021, Rivian signed a contract with Nationwide to handle some of its insurance policies.
Rivian Car Insurance: The Bottom Line
You may have difficulty shopping with multiple car insurance companies since Rivian vehicles are so new, and some companies may not have rates available. If you want to insure your Rivian vehicle, you’ll need to talk to Rivian Insurance Advisors. Rivian cars are special electric vehicles that cannot be fixed or serviced everywhere.
Before you buy Rivian car insurance, ask about your insurance options to save money on insurance coverage. Now that you have a better idea about Rivian car insurance use our free online quote tool to compare multiple insurance companies near you.
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Chris Harrigan
Former Auto Insurance Claims Manager
Chris Harrigan has an economic degree from Limestone College and an MBA from Clemson University. He previously managed auto insurance claims for Enterprise Rent-A-Car. Currently, he is using his business and insurance expertise to provide insurance data analysis and visualizations to enhance the user experience.
Former Auto Insurance Claims Manager
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.