Rivian Car Insurance Review (2024)

Rivian car insurance is available to drivers who purchase the new RT1 and RS1 electric vehicles. Insurance is offered through a two partner companies, and the built-in Driver+ system offers lower rates.

While there are many pros and cons of usage-based car insurance, your driving habits may determine if you find affordable Rivian car insurance.

It makes sense to shop around before you settle on an insurance company. Every company will offer different rates, so compare multiple companies to find the best deal.

Keep reading our Rivian car insurance review to learn more. Enter your ZIP code to compare free quotes from car insurance companies in your area.

What is Rivian car insurance?

Rivian is a brand new electric vehicle manufacturer that has decided to include car insurance when selling a car. You can get a Rivian car insurance quote in 48 states while you are purchasing your vehicle online.

There isn’t a Rivian car insurance company. In fact, all insurance needs are handled through an underwriter like Nationwide.

Rivian car insurance rates will vary, but drivers who use the already included Driver+ features will get lower rates and discounts.

This built-in telematics can perform functions like steering, lane changes, and braking. Rivian contends that the Driver+ telematics makes driving safer. The more drivers use the technology, the lower the auto insurance rates.

Rivian also states that by connecting insurance with the Driver+ system, the company can diagnose issues easily without the vehicle having to be brought into one of the repair facilities.

According to the National Highway Traffic Safety Administration, there are several degrees of automated driving, each with its own set of benefits and concerns.

Each state establishes its own rules for the forms of automated driving that are permitted, as well as who is liable in the event of an accident. This is when auto insurance becomes complicated.

What are Rivian car insurance rates?

Since Rivian car insurance is very new, we can’t get specific rates. However, we can look at average rates from Nationwide and other top companies.

While there are many factors that affect your car insurance rates, the most significant one is your driving record. It indicates how risky of a driver you are, and insurance companies will charge more for riskier drivers.

This table shows average annual rates based on your driving history from top car insurance companies.

Average Annual Car Insurance Rates Based on Driving History

Rivian’s electric vehicles with Driver+ are designed to help you improve your driving record by preventing accidents and other bad habits.

The system uses 11 cameras, five radars, and 12 ultrasonic sensors to keep you accident-free.

Drivers who use Driver+ the most will see the lowest car insurance rates.

Rivian will provide coverage for your home, boat, camper, and other recreational vehicles in addition to traditional auto insurance.

Read More: Car Insurance Is More Expensive for Electric Cars

What car insurance discounts are available with Rivian?

Auto insurance discounts are a great way for drivers to save money. Discounts are usually offered based on the driver, policy, and even safety features of your vehicle.

Drivers may be eligible for discounts from Nationwide and other companies because Rivian uses them as underwriters.

This table lists possible Nationwide discounts for Rivian customers, as well as discounts from other top insurance companies. If the discount amount is known, it is listed.

Car Insurance Discounts by Company

Rivian also gives a discount to drivers who use the Driver+ feature. Savings increase the more drivers use Driver+.

How do you cancel Rivian car insurance?

Since Rivian car insurance is offered by companies like Nationwide, you will have to follow the cancelation policy of your specific company.

However, there are some basic steps to canceling your auto insurance that apply no matter what company you are with.

Steps to canceling car insurance include:

• Find out when your current coverage will expire. Depending on which insurance company underwrites your policy, you may be charged a cancellation fee. You can avoid those fees by waiting until your policy expires.
• Look for new insurance coverage. Each insurance company will evaluate your personal information differently and provide you with varied rates.
• Get started on your new coverage. Choose a new company and new insurance coverage. Choose a date for your insurance to take effect.
• Your Rivian auto insurance should be canceled. To avoid a coverage gap, schedule your cancellation for a few days after your new policy takes effect.

Read More: Car Insurance Cancellation and Non-Renewal

• Check with your old auto insurance company to discover whether your policy has ended and if you are entitled to a refund.

The most important thing to remember is to not let your coverage lapse while you are switching insurance companies. A lapse in coverage will cost you fines, higher rates when you do get new coverage, and possible jail time.

What are the Rivian car insurance ratings?

Since Rivian is a brand new company, it hasn’t earned financial and customer interaction ratings yet. However, we can look at Rivian underwriters to see what to expect.

Nationwide has been rated by A.M. Best on financial strength. It earned an A+ rating, which shows a superior ability to meet financial needs.

The Better Business Bureau (BBB) rates companies on how well they respond to customers. Again, Nationwide received an A+ rating, as well as accreditation.

Although these ratings don’t apply to Rivian, they can reflect the types of companies Rivian chooses to partner with. Drivers can have confidence their insurance needs are being met by reliable companies.

Rivian Car Insurance: Streamlined Claims Process for a Hassle-Free Experience

Ease of Filing a Claim

Rivian car insurance claims can be conveniently filed through multiple channels, ensuring flexibility and ease for policyholders. Claims can be initiated online through the company’s designated portal, over the phone by contacting the customer service helpline, or via the Rivian mobile app.

This streamlined approach allows policyholders to choose the method that best suits their preferences and circumstances, promoting a hassle-free claims initiation process.

Average Claim Processing Time

The average claim processing time with Rivian car insurance is not specified in the available information. Policyholders are encouraged to directly inquire with the insurance provider or consult the terms and conditions of their policy for specific details regarding claim processing timelines.

Timely processing of claims is crucial for ensuring that policyholders receive the necessary support and settlements promptly.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback regarding claim resolutions and payouts for Rivian car insurance is not provided in the available content. Understanding policyholders’ experiences with claim resolutions and payouts is essential for evaluating the overall satisfaction and efficiency of the claims process.

Individuals considering Rivian car insurance are encouraged to seek customer reviews and testimonials to gain insights into the insurance provider’s claims handling capabilities.

Mobile App Features and Functionality

Rivian offers a comprehensive mobile app designed to enhance the overall insurance experience for policyholders. The app is equipped with a range of features, including access to policy information, real-time updates on premiums and coverage, claims reporting, and tracking claim status.

Additionally, the mobile app may provide features for virtual assistance and support, making it a valuable tool for managing insurance-related tasks on the go.

Online Account Management Capabilities

Rivian provides a user-friendly online platform that allows policyholders to efficiently manage their insurance accounts. Through this platform, policyholders can access and update their policy details, view billing information, make premium payments, and review policy documents.

The online account management system aims to empower policyholders with convenient access to essential insurance services and information, enhancing their overall experience with the insurance provider.

Digital Tools and Resources

Rivian offers a suite of digital tools and resources to assist policyholders in understanding their insurance coverage better. These digital resources may include educational materials, articles, FAQs, and interactive tools that provide insights into insurance terms, coverage options, and best practices.

The availability of digital tools aims to enhance policyholders’ knowledge and enable them to make informed decisions regarding their insurance needs and preferences.

Rivian Car Insurance: The Bottom Line

Rivian car insurance is only available on newly manufactured electric vehicles from the company. Insurance offered through the vehicle maker adds a level of convenience for customers.

Although Rivian helps customers get car insurance, coverage is actually handled by underwriters. Drivers have to contact the specific company offering coverage to handle any insurance needs.

Before you buy Rivian car insurance, shop around. Each company will look at your personal factors differently and offer competitive rates.

We hope you’ve learned all you need to know about Rivian auto insurance. Before you go, enter your ZIP code to compare free car insurance quotes from companies in your area.