1. States
  2. RivianCarInsuranceReview2022

Rivian Car Insurance Review in 2022

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

Full Bio →

Written by

UPDATED: Nov 17, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right 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 provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different 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.

Key Takeaways

  • Rivian Car Insurance Company was created by the electric car start-up with the same name
  • Rivian insurance rates are unavailable, but car insurance for similar electric cars cost $180 per month or $2,162 annually on average
  • Currently, the Nationwide and The Cincinnati Insurance Company brands underwrite Rivian car insurance policies

The electric car company, Rivian, started Rivian Car Insurance Company to prevent drivers who own Rivian vehicles from receiving higher than average car insurance rates.

Technically, Nationwide and The Cincinnati Insurance Company underwrite all Rivian Insurance policies, but the policies incorporate off-roading and also cover Rivian-branded parts.

Rivian is so new to the industry that not all customers have received their Rivian model electric truck or sports utility vehicle (SUV). Deliveries for the first fleet of cars will continue throughout the beginning of 2022.

But car insurance rates for similar electric cars typically cost around $180 per month or $2,162 annually on average.

Below, learn what coverages and discounts Rivian offers, compare financial rankings and customer reviews, and determine if you can earn cheap car insurance from Rivian.

After reading about affordable Rivian car insurance, remember to enter your ZIP code into our free rate comparison tool above to receive quotes from the best companies near you.

What is Rivian Car Insurance Company?

The Rivian Automotive Group created Rivian Car Insurance Company to prevent people who own these new electric vehicles from receiving unreasonably high insurance quotes.

This is a problem commonly associated with Tesla vehicles, the most similar car make and model on the market to Rivian.

While Tesla attempted to solve the problem by creating an independent insurance company, Rivian chose to collaborate with two already established insurance companies:

  • Nationwide Car Insurance Company
  • The Cincinnati Insurance Company.

So your policy will be underwritten by either Nationwide, The Cincinnati, or one of the subsidiaries.

Still, you’ll interact with Rivian representatives and use a Rivian-branded customer portal and mobile app.

Today, Rivian Insurance Services LLC underwrites policies in 48 states and plans to expand in the near future.

To apply for Rivian car insurance quotes, you must call or email the insurance company directly.

A Rivian insurance representative then collaborates with you to create a policy based on your lifestyle. The company focuses on adventure, sustainability, and technology.

To qualify for a policy, you must own at least one Rivian branded vehicle, but you can cover other cars as well.

But representatives are only available on weekdays between 7 a.m. and 7 p.m central time.

Unfortunately, Rivian car insurance rates are not currently available.

However, the company website states that drivers may save up to 15% on their policy at renewal by using the Driver+ Highway Assist feature included in all Rivian cars.

But not all Rivian vehicles have even made it to customers at this time.

The company is still delivering the first fleet of cars to new drivers and will continue to do so throughout the beginning of 2022.

How much does Rivian car insurance cost?

Electric vehicles often receive notoriously higher than average car insurance rates from national insurance companies.

This is partly because the vehicles usually feature expensive technology requiring specialized mechanics if a claim is filed.

The average car insurance rate for the Tesla Model S, a similar electric vehicle to what Rivian offers, costs around $180 per month or $2,162 annually.

Rivian car insurance prices are currently not publicly available. The company is so new that not all customers have even received their Rivian vehicle yet.

But the goal of Rivian Insurance Services LLC is to reduce electric car insurance rates by working alongside already established insurance companies.

So as the company continues to roll out its first fleet of trucks and SUVs, we may learn more about specific insurance prices.

Plus, Rivian insurance representatives are available to inform you about how different safety features on the R1T truck and R1S SUV may help reduce the cost of your car insurance.

How do you file a Rivian car insurance claim?

Filing a Rivian car insurance claim appears to be straightforward. Rivian also sends educated technicians to your home or work to perform more minor repairs, even if you’re not there.

You can file a claim by accessing the customer portal in your mobile app or calling a representative directly.

You’ll then connect with the Rivian Service Team through the Rivian Cloud.

If possible, take photos of the accident. However, the company will also utilize the data gathered by the technology installed in the vehicle to help with the claims process.

Nationwide and The Cincinnati underwrite Rivian policies, and both companies earned positive claims center reviews from real customers. This is a positive sign for the Rivian claims department.

More should be known about the Rivian claims center once all drivers finally receive and start using their vehicles.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

What car insurance discounts does Rivian offer?

At this time, Rivian does not provide a complete list of available car insurance discounts.

However, the website does claim that there are stackable discounts available as well as insurance bundles.

Specifically, you can bundle your home and car insurance policies with Rivian to earn up to a 20% rate reduction.

Similarly, if you use the Driver+ Highway Assist technology, you can earn up to a 15% rate reduction on your car insurance policy.

Driver+ Highway Assist is an advanced driving assistance system that controls your vehicle’s steering, brakes, and acceleration or deceleration on select highways. It comes standard on all Rivian vehicles.

It’s also possible Rivian may offer some of the same discounts as Nationwide or The Cincinnati since those insurers underwrite the policies.

So look out for safe driver discounts, customer loyalty deals, anti-theft discounts, and membership or group rate reductions.

What are the Rivian car insurance ratings and reviews?

It’s a good idea to evaluate a car insurance company’s financial scores and customer reviews to help you determine if the company is worth your while.

Technically, Rivian Insurance Services LLC does not have any financial rankings at this time, probably because of how new the insurer is.

Fortunately, Nationwide backs Rivian. Nationwide is a very prominent company that earned the following positive financial ratings:

  • A. M. Best: A+
  • Moody’s: A1
  • Standard &^ Poor’s: A+

Therefore, you can trust that Rivian can efficiently close out any claims because it is in a solid financial position.

As for the customer experience, Nationwide has a complaint index of 2.23, according to the National Association of Insurance Commissioners (NAIC).

This number means the company gets more complaints than average.

However, it is ubiquitous for insurance companies to receive primarily negative online reviews.

So keep this in mind when looking at customer complaints online.

What is the history of Rivian?

CEO of Rivian, Robert Scaringe, was inspired to do for trucks what Tesla did for luxury vehicles.

With adventure, sustainability, and technology on the brain, Scaringe founded Rivian in 2009 but purposefully kept it out of the public eye for nearly a decade.

He then raised over $1.7 billion in investment money without ever selling a single truck.

That funding then increased thanks to more investments from leading companies, including Ford Motor and Amazon.

Finally, in 2017, Scaringe acquired an old Mitsubishi manufacturing plant in Normal, Illinois, and began producing the first alpha prototypes.

Today, the first fleet of vehicles is currently on its way to customers across the country. The deliveries should finalize by the beginning of 2022.

Scaringe created Rivian Insurance Services LLC to provide affordable car insurance prices to the new electric car drivers.

Rather than work independently from the insurance industry, Rivian partnered with Nationwide and The Cincinnati to create more informed policies curated for this specific brand of off-roading electric vehicles.

As more Rivian vehicles appear on public roads, the company plans to adapt to meet the customer’s needs, including staying up to date with technological advancements and vehicle repairs.

What vehicles does Rivian sell?

Currently, Rivian only sells the R1T electric truck and the R1S electric SUV.

In addition, there are three equipment packages available, the Launch, the Adventure Package, and the Explore Package.

The Launch edition, a particular version of the Adventure Package commemorating the release of the first vehicles, is currently sold out.

But Adventure and Explore packages are open and will be delivered to customers in 2022.

In the table below, compare the specifications for the R1S and R1T in further detail.

Rivian Vehicle Details by Model
Vehicle DetailsR1TR1S
Starting price$64,000$70,000
Miles driven per battery charge314 miles316 miles
Recommended wheel size21 inch21 inch
Towing capacity11,000 lbs7,700 lbs
Wading depth3 feet3 feet
Get Your Rates Quote Now
Compare RatesStart Now →

Both vehicles see a range reduction depending on what tire size you use.

So 20-inch wheels lead to a 10% to 15% reduction, and 22-inch wheels show a 5% to 10% reduction.

Plus, all Rivian vehicles feature sustainable, animal-free, recyclable materials. Rivian also implemented recyclable, easily removable car batteries.

All Rivian cars also come equipped with Driver+ Highway Assist. It uses 11 cameras, five radars, 12 ultrasonic sensors, and provides you with a 360-degree field of vision surrounding the car.

When engaged, Driver+ adjusts your speed, steers your car, and can even change lanes for you on select highways.

Rivian plans to release two more R1Ts, one that reaches 250 miles per charge and another that hits 400 miles.

Plus, an additional R1S that gets 250 miles per charge is also on the horizon.

Does Rivian offer other types of insurance?

Rivian also sells camper, boat, home, and other vehicle insurance, according to the company website.

However, you must own a Rivian car to qualify for the additional insurance coverage options.

Just like the car insurance, Nationwide and The Cincinnati underwrite the additional insurance products.

But availability, offerings, and any eligible discount amounts vary by state.

Fortunately, you’ll have the option to browse other insurance lines available to you if you seek out a Rivian quote on the company website.

Rivian Car Insurance: The Bottom Line

Rivian is so new that not much is known about the insurance company and car brand just yet.

But the company hopes that through collaborative partnerships with established insurance companies, it can create more affordable policies explicitly designed for electric cars.

If you’re a new Rivian driver, you should check out Rivian Car Insurance Company.

The company is made with you in mind and is worth using if you own one of these state-of-the-art electric vehicles.

But if you don’t own a Rivian vehicle, you can’t purchase a Rivian insurance policy.

Either way, you should still take the time to compare quotes and available discounts from multiple companies online to help you select your cheapest coverage.

You may need to own a Rivian to buy Rivian car insurance, but fortunately, you can easily secure the best coverage for you for free by entering your ZIP code into our rate comparison tool below.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

You May Also Enjoy These Articles