Rivian Car Insurance Review (2023)

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.

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.

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.

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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 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.

Which car insurance companies underwrite Rivian insurance policies?

Nationwide is the main underwriter of Rivian insurance policies. Policies are also underwritten by The Cincinnati Insurance Company, as well as subsidiaries of either company.

That means that the company that handles your policy, including claims, is actually one of those companies. Since we do have access to Nationwide insurance rates, let’s take a look at some samples.

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.

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.

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.

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 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.

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.

How do you file a Rivan car insurance claim?

If you need to file an auto insurance claim with Rivian, contact Rivian Insurance Advisors at 1-888-748-4268 or [email protected]

Rivian is available Monday through Friday from 7 a.m. to 7 p.m. central daylight time.

When you contact Rivian, let them know you want to file a claim. You’ll need to send your personal information and your policy number.

But your repairs may require a Rivian specialist. Therefore, Rivian may recommend one of their approved auto shops to fix your car.

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.

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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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