Rivian Auto Insurance Review (2023)

If you’re among the 1.5 million people who have switched to electric vehicles (EVs), then finding cheap auto insurance is a priority right now. EVs cost more to insure than gas or diesel-powered vehicles, and that’s why many manufacturers are starting to offer their own insurance policies to help drivers save money, including the Rivian auto insurance company.

Rivian is an all-electric vehicle manufacturer that delivered its first models to drivers in October 2021. If you own a Rivian SUV or truck — or are in the market for an EV — read our guide now to learn more about electric car insurance and if Rivian auto insurance is right for you.

Scroll down to learn more about Rivian Automotive, Inc., how it works, and to compare Rivian auto insurance rates with rates from top insurance companies near you for free. If you’re ready to compare auto insurance quotes now, enter your ZIP code above to get free quotes from companies in your area.

What is Rivian insurance?

Rivian auto insurance caters to all-electric adventure vehicles, mostly pick-up trucks and SUVs. These types of EVs are designed to be driven off-road.

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Since the more popular car insurance companies are slow to offer affordable policies for hybrid and all-electric vehicles, Rivian and other EV manufacturers, like Tesla, are offering their own insurance coverage.

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How much are Rivian auto insurance rates?

What does Rivian insurance cost? That depends on a few different variables, most of which are unique to each driver. To start with, your age, gender, and location all impact your car insurance rates. The type of policy you choose will also affect your rates, as will the type of vehicle you drive.

For example, electric car insurance rates average between $175-$225 per month. Your quotes could be higher or lower depending on your driving record and the make and model of your car.

These rates seem expensive because they are. The average cost of car insurance in 2022 was $140/mo. However, EVs cost more to insure than gasoline-powered vehicles because the batteries and other components used in place of traditional engines cost more to replace or repair.

Why are Rivian insurance costs so high?

Rivian car insurance quotes may be higher than average because SUVs cost more to insure on average. Rivian Automotive currently offers only an SUV (R1S) and a pick-up truck (R1T) model. Rates for these vehicles will be more expensive than for a sedan.

Take a look at the table below to see how SUV insurance costs compare across different makes and models:

Auto Insurance Rates of the Most Common SUVs

Popular SUVs	Monthly Auto Insurance Rates	Annual Auto Insurance Rates
Honda CR-V	$94	$1,128
Ford Explorer	$108	$1,294
Chevrolet Equinox	$113	$1,354
Toyota Highlander	$116	$1,392
Nissan Rogue	$117	$1,400

SUVs cost more to insure than sedans, mostly due to their size. And when it comes to hybrid and electric SUVs, you can expect to pay higher rates than average. The parts and technology inside a Rivian R1S differ from those in a Nissan Rogue, for example, and are often more expensive. 

You can also expect your Rivian auto insurance quotes to be slightly higher than average because its vehicles are brand new. It only shipped its first models to customers in October 2021. However, you can expect your insurance rates to drop over the coming years as the company establishes its foundation in the market.

Does Rivian offer discount programs to lower auto insurance rates?

To keep electric car insurance costs as low as possible for its drivers, Rivian offers its own usage-based insurance (UBI) and in-house manufacturing and repair services. Rivian auto insurance is also underwritten by Nationwide, which is cheaper than average in some states. 

Take a look at the table below to see how usage-based insurance rates vary by company:

Auto Insurance Company	Average Monthly Auto Insurance Rates	A.M. Best Rating
Root	$65	N/A
Metromile	$65	N/A
State Farm	$98	A++
Progressive	$103	A+
Travelers	$141	A+
Allstate	$184	A+
Nationwide	$186	A+

 

Nationwide is more expensive than other UBI insurance programs, but rates still fall on the lower end of the electric car insurance average. 

You are also eligible for a bundling discount of up to 20% off your auto insurance rates when you combine policies with a Rivian home or renters insurance policy.

Unfortunately, there is no extensive list of Rivian car insurance discounts. But the company does offer discounted rates by tracking driving habits through its Driver+ safety technology. So, you can lock in more affordable Rivian auto insurance rates by maintaining good driving habits.

Rivian also offers a comprehensive Rivian Service Program. This includes Rivian Remote Care, a remotely-operated diagnostic system that tracks Rivian vehicles and their performance. 

Rivian Technicians can diagnose and order replacement parts remotely and come directly to policyholders to repair or pick up vehicles. If the technician needs to take a vehicle in for service, the Rivian Service Program provides drivers with a loaner EV in the meantime.

While the Rivian Service Program doesn’t lower your rates initially, it can save you money later if you’re in an accident or otherwise need maintenance.

How does Rivian insurance coverage work?

Rivian auto insurance works like any other auto policy. You choose the level of coverage you need and choose any additional add-ons the company offers. Rivian provides the minimum liability coverage you need in your state, as well as comprehensive and collision coverage. 

If it’s required in your state, you can also buy medical payments coverage (MedPay), personal injury protection (PIP), and uninsured/underinsured motorist protection (UMI) from Rivian. 

However, Rivian auto insurance is usage-based, with discounts and perks not available with a traditional policy. 

For example, Rivian equips each of their EVs with Driver+ safety technology. Driver+ technology offers automated driving assistance and more, and Rivian rewards drivers with cheaper rates and discounts the more often they use the technology. 

What qualifies drivers for a Rivian Driver+ safety technology discount?

• Using cruise control
• Automatic steering
• Automatic braking and accelerating
• Using lane centering and lane-change assistance
• Using Driver+ Highway Assist to automate highway driving

Driver+ will also act as a form of Roadside Assistance coverage, connecting drivers with towing assistance when needed.

When you buy Rivian car insurance, you automatically receive the Driver+ discount. And drivers who also sign up for Driver+ Highway Assist are offered lower rates at their renewal period.

How are Rivian customer service and financial ratings?

On average, Rivian customer service reviews are positive. Its NAIC score is 0.53, meaning it sees half the complaints of other companies its size. But it can be too soon to tell. Rivian is a new company, both as a manufacturer and an insurance provider. It hasn’t been around long enough to build a reliable reputation, and it isn’t large enough to have its own A.M. Best rating.

However, Rivian Nationwide underwriting can give you an idea of its financial outlook. Take a look at the table below to see how Nationwide and Rivian compare:

Top 10 U.S. Auto Insurance Companies by Market Share and A.M. Best Ratings

Rank	Companies	Direct Premiums Written	Loss Ratios	Market Shares	A.M. Best Ratings
1	State Farm	$41,963,578,000	63	17.01	A++ (Superior)
2	Geico	$33,075,434,000	71	13.41	A++ (Superior)
3	Progressive	$27,058,768,000	62	10.97	A+ (Superior)
4	Allstate	$22,663,214,000	56	9.19	A+ (Superior)
5	USAA	$14,467,936,000	77	5.87	A++ (Superior)
6	Liberty Mutual	$11,776,654,000	62	4.77	A (Excellent)
7	Farmers	$10,496,476,000	61	4.26	A (Excellent)
8	Nationwide	$6,726,799,000	58	2.73	A+ (Superior)
9	Travelers	$4,697,743,000	60	1.9	A++ (Superior)
10	American Family	$4,687,909,000	69	1.9	A (Excellent)

 

Nationwide earned an A+ rating, meaning it has the financial ability to pay out on its claims and any Rivian insurance claims. However, being one of the biggest companies in the country doesn’t translate to being the best. 

The easiest way to find the best auto insurance rates in your area is to compare your top picks against other local companies. Compare at least three different companies before you buy Rivian auto insurance to ensure you’re getting the best deal possible.

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How To Get Rivian Auto Insurance Quotes

Rivian auto insurance quotes are exclusively available to drivers who own a Rivian EV. The only way to get Rivian auto insurance quotes is to speak with a Rivian insurance representative over the phone or in person.

If you own a Rivian vehicle, call the Rivian auto insurance number at 1-888-748-4261 to speak with an agent. You can also call this number to file a claim, change your coverage, or cancel your policy.

As you shop around for affordable auto insurance, realize that you could end up paying $225 or more per month for electric car insurance coverage. Fortunately, you can get the lowest Rivian auto insurance rates possible by using Rivian’s Driver+ and Highway Assist technology. You can also bundle your policies with Rivian homeowners or renters insurance to get a 20% discount.

Rivian auto insurance could be the best policy for you if you already own or plan on buying a Rivian EV in the future. The company caters to all-electric vehicles and offers insurance policy options to better reflect the needs of EV drivers. 

Before you call to buy Rivian car insurance, compare quotes online from multiple companies. Comparing quotes is the fastest and easiest way to lock in affordable auto insurance coverage for any vehicle. Enter your ZIP code below to start comparing local insurance companies today for free.

Rivian Auto Insurance FAQ

Have a few more questions about Rivian auto insurance? Scroll down for answers to frequently asked questions about Rivian:

#1 – Can I buy Rivian auto insurance in my state?

Yes, most likely. Rivian car insurance is available in 46 states and Washington D.C., with coverage set to extend nationwide by the end of 2022.

However, you should research your state laws to determine if you live in a Rivian insurance state. Some states have laws prohibiting car manufacturers from offering insurance coverage for their own vehicles. These laws won’t restrict your ability to buy and drive a Rivian EV, but buying Rivian auto insurance might be impossible where you live.

Call Rivian auto insurance at 1-888-748-4261 to speak with a representative about possible insurance restrictions.

#2 – Can I cover other vehicles with Rivian insurance?

Yes. Rivian auto insurance can extend to other vehicles, but you must own at least one Rivian vehicle to buy Rivian auto insurance.

#3 – How do I get a Rivian membership?

There’s no official Rivian club, and no membership is required. However, buying a Rivian EV grants drivers access to its insurance policies, exclusive service repair shop, remote diagnostics, and more. 

#4 – Is Rivian financing available?

Yes, Rivian offers to finance drivers buying a new R1T or R1S. However, Rivian’s financing terms may require you to carry full coverage, which will raise your rates.

Rivian Auto Insurance Review (2023) Additional Information

Rivian Auto Insurance Review [2022] is a company that was incorporated in 2009. Rivian Auto Insurance Review [2022] is a insurance company and has assets of , capital of $, and net surplus of $.

The president of Rivian Auto Insurance Review [2022] is RJ Scaringe, the treasurer is , and the secretary is . Rivian Auto Insurance Review [2022] insurance plans include
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Rivian Auto Insurance Review [2022] is located in Irvine, California and the phone number for Rivian Auto Insurance Review [2022] claims, customer, service, and additional information is 1-888-748-4261.