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The 2020 R1S is Rivian’s second vehicle to be released, in mere months after the R1T truck. It’s also one of the first electric SUVs to be built specifically with offroading in mind.
The R1S is expected to have insurance costs between $275 and $325 a month, or around $3,600 a year. Using the lowest base cost of $72,500, this gives the R1S an annual insurance cost-to-base ratio of less than 5%, which is slightly above the national average. That means it’s relatively reasonable to insure, considering its high price tag. Filter car insurance companies by your state to get a quote.
Insurance for the Rivian R1S is expected to be similar to other luxury SUVs on the market.
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The Rivian R1S will qualify for various discounts, though the exact ones will depend on the model you select and the insurance company you’re with.
Rivian has never released a vehicle before the R1S and R1T, so there aren’t any official safety and reliability ratings for the vehicle yet. You can expect official data and ratings to be released one to two years after the R1S hits the market.
Rivian’s 2020 R1S is one of the first electric SUVs built for both on- and off-road driving, and is only the carmaker’s second vehicle produced, after the R1T. Insurance is expected to be between $275 and $325 a month, which is in line with other SUVs on the market in the same price range but much higher than most vehicles.
Since the R1T is a new vehicle from a new car manufacturer, insurance rates might vary quite a bit between insurance companies. Be sure to compare different companies before buying a policy for your R1S.
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