Finding Cheap Car Insurance in Arkansas
Shopping around to find cheap car insurance in Arkansas shouldn’t be a huge project. We evaluated companies in Arkansas to find the lowest options.
Featured Car Insurance Partners
1
Geico
Good
C-
Low
2
USAA
Excellent
C+
OK
3
State Farm
Very good
C
Low
Cheap Arkansas Car Insurance for Good Drivers
USAA and Nationwide are the cheapest Arkansas car insurance companies for good drivers, among the companies we analyzed.
Cheap Car Insurance in Arkansas for Drivers With a Speeding Ticket
A speeding ticket increases car insurance rates by 22% in Arkansas. The exact rate increase will depend on the insurance company. Even though you’ll face higher insurance rates, you can still compare quotes for the best car insurance.
Geico and USAA have the cheapest average costs for drivers with a speeding ticket in Arkansas, so make sure to get quotes from those companies if you’re shopping for Arkansas auto insurance and have a speeding ticket on your record.
Cheap Arkansas Car Insurance for Drivers Who Caused an Accident With Injury
Causing a car crash with an injury to someone else will make it harder to find cheap car insurance. Our analysis found an average increase of 40% in Arkansas compared to drivers with a good driving record.
If you cause a car crash with an injury, Cameron Mutual and State Farm may have the most competitive costs among the insurance companies in our analysis.
Cheap Arkansas Car Insurance for Drivers With a DUI
Car insurance premiums in Arkansas go up an average of 50% if you have a DUI conviction on your record. You can still compare car insurance quotes to pinpoint better rates.
The cheapest Arkansas car insurance companies for drivers with a DUI are Southern Farm Bureau and Cameron Mutual, among the insurers we analyzed.
Cheap Arkansas Car Insurance for Drivers With Poor Credit
Arkansas auto insurance companies usually charge drivers higher rates if they have poor credit. People with bad credit pay an average of 76% more for car insurance in Arkansas.
Southern Farm Bureau and Cameron Mutual may be good options if you’re looking for cheap Arkansas auto insurance and you have poor credit.
Cheap Arkansas Car Insurance for Adding a Teen Driver
Adding a teen to your insurance increases rates by an average of 101% in Arkansas, compared to rates for a married couple without a teen driver.
Check quotes from Farm Bureau Mutual (Iowa Group) and American Family if you’re looking for cheap car insurance for teens in Arkansas.
Cheap Arkansas Car Insurance for Young Drivers Ages 18 to 25
Purchasing your own car insurance is a costly entry into adulthood. Our analysis found that USAA and State Farm offer the cheapest Arkansas car insurance for young drivers.
Cheap Arkansas Car Insurance for Senior Drivers Ages 60-80
USAA and Nationwide offer the best car insurance for seniors who are looking for low costs in Arkansas. Older drivers should also find out if there’s a discount for taking a defensive driver class.
Older Adult and Good Student Discounts in Arkansas
Arkansas car insurance companies must offer discounts to older adults and good student discounts.
The older adult discount is for drivers who are age 55 and older who completed an approved accident prevention course. Drivers can show a certificate of completion to get the discount, which is valid for three years and is renewable.
Insurers must also offer good student discounts for college students who are under age 25 and get a 3.0 grade point average.
Least Expensive Vehicles for Insurance in Arkansas
With the right vehicle, you can potentially save money on car insurance. In Arkansas, the Honda CR-V, Jeep Compass Latitude and Wrangler Sport are among the cheapest vehicles for car insurance, based on average rates for 50 top-selling 2021 models. The 20 least expensive are below.
Cars that will have the highest insurance rates in Arkansas among popular models are the Tesla Model 3 Standard Plus ($2,628 a year) and the Tesla Model S Performance/Plaid ($3,890 a year).
| Vehicle | Average annual premium in Arkansas |
|---|---|
|
Honda CR-V LX
|
$1,552
|
|
Jeep Compass Latitude
|
$1,578
|
|
Jeep Wrangler JL Sport
|
$1,583
|
|
Subaru Crosstrek
|
$1,584
|
|
Subaru Forester 2.5i
|
$1,595
|
|
Hyundai Tucson SE
|
$1,605
|
|
Chevrolet Trax LS
|
$1,617
|
|
Volkswagen Tiguan SE
|
$1,617
|
|
Toyota RAV4 LE
|
$1,626
|
|
Chevrolet Equinox L
|
$1,636
|
|
Toyota Tacoma SR
|
$1,640
|
|
Dodge Grand Caravan SE
|
$1,643
|
|
Ford Escape S
|
$1,661
|
|
Kia Sportage EX
|
$1,662
|
|
Ford F-150 XL
|
$1,663
|
|
Nissan Rogue S
|
$1,677
|
|
Mazda CX-5 Grand Touring
|
$1,681
|
|
Ford Edge SE
|
$1,693
|
|
Chevrolet Traverse LS
|
$1,716
|
|
Toyota Highlander LE
|
$1,717
|
Required Arkansas Auto Insurance
Arkansas’s car insurance requirements center on liability car insurance, which pays for damages and injuries you cause to others. If another driver is legally responsible for an accident, you can make a claim against their liability insurance, or file a lawsuit against them.
Car owners in Arkansas must buy liability coverage at a minimum:
- $25,000 for bodily injury to one person
- $50,000 for bodily injury to multiple people in one accident
- $25,000 for damage to property in one accident
This is often written as 25/50/25.
Arkansas also requires car insurance companies to offer uninsured motorist coverage. UM coverage pays for property damage and injuries if a driver without auto insurance causes a car accident. You can reject UM insurance in writing. If you decide to buy UM insurance, you are required to buy at least 25/50.
What Other Coverage Should I Have?
Under-insured motorist coverage. Arkansas requires car insurance companies to offer you underinsured motorist (UIM) but you don’t have to accept it. If a driver causes an accident and they do not have enough insurance, your UIM coverage kicks in for injuries and property damage after the other driver’s insurance runs out. Like UM, this is another good coverage to have.
Personal injury protection. This coverage type is offered in three parts and pays for medical expenses if you or your passengers are injured while riding in your car. It also covers members of your household if they do not have personal injury protection on their own car insurance policy. This also covers pedestrians and bicyclists who are hit by your car. You can purchase any or all three parts. If you decide you don’t want any part of this coverage, you need to reject it in writing.
- Medical payments. This includes payments for medical expenses like doctor bills, prescription costs, ambulance, X-rays and funeral expenses.
- Lost wages. This helps cover your expenses if you are unable to work due to a car accident. Arkansas law requires you to purchase minimum coverage for $140 per week or 70% of your salary, whichever is less.
- Death benefits. These benefits are paid to the estate of a person who dies in a car accident. This coverage has a required minimum of $5,000 death benefit per person killed in an auto accident.
Collision and comprehensive coverage. You are not required to buy collision or comprehensive insurance, but it’s good coverage to have. Together, these coverage types pay for a wide range of problems like car accidents, car theft, vandalism, fire, floods, falling objects (like tree branches), riots and collisions with animals.
What if I Can’t Find Car Insurance in Arkansas?
If you can’t get car insurance through the voluntary marketplace, you may need to apply through the state’s assigned risk plan. You can find more information through the Arkansas Automobile Insurance Plan.
Summary: Required Car Insurance in Arkansas
| Coverage type | Required minimum in Arkansas |
|---|---|
|
Liability insurance
|
• $25,000 per person for bodily injury liability
• $50,000 per accident for bodily injury liability
• $25,000 for property damage
|
|
Uninsured motorist coverage
|
• $25,000 per person
• $50,000 per accident
Note: You can reject UM coverage in writing
|
|
Underinsured motorist coverage
|
• $25,000 per person
• $50,000 per accident
Note: You can reject UM coverage in writing
|
|
Personal injury protection
|
Not required
|
|
Collision coverage
|
Not required
|
|
Comprehensive coverage
|
Not required
|
Can I Show My Insurance ID Card from My Phone?
In Arkansas you can use your phone to show an auto insurance ID card. Check with your auto insurer to see if they have a mobile app that includes access to electronic ID cards.
Factors Allowed in Arkansas Car Insurance Rates
Auto insurance companies typically look at your past insurance claims, driving record, vehicle model and more when setting your rate. In Arkansas, companies can also use these factors.
| Factor | Allowed in Arkansas? |
|---|---|
|
Age
|
Yes
|
|
Credit
|
Yes
|
|
Education & occupation
|
Yes
|
|
Gender
|
Yes
|
|
Marital status
|
Yes
|
|
ZIP code
|
Yes
|
Source: American Property Casualty Insurance Association. Other factors will be used to calculate your rates, including driving record and the amount of coverage you want.
How Many Uninsured Drivers are in Arkansas?
Almost 19% of Arkansas drivers have no insurance, according to the Insurance Research Council. If they cause a crash, you could try to sue them to get payment. Or you could use your uninsured motorist coverage for injuries and car damage.
Can My Car Insurance be Canceled in Arkansas?
Car insurance companies in Arkansas can cancel a policy after it has been in effect for 60 days for the following reasons:
- Non-payment of premium
- Fraud or misrepresentation when applying for the policy
- Homicide arising out of use of the motor vehicle
- Three separate convictions of speeding and/or reckless driving within the policy period and three months immediately preceding the policy period
- Conviction of driving while intoxicated
The car insurance company must give you 10 days notice of cancellation due to non-payment of premium and 20 days notice of cancellation for all other reasons.
Penalties for Driving Without Arkansas Auto Insurance
If you get caught driving without insurance in Arkansas, you can face a fine up to $250 and your license could be suspended until you show proof of coverage, plus a $20 license reinstatement fee.
When Can a Vehicle Be Totaled in Arkansas?
If your car is badly damaged from a problem covered by your policy, like a car accident, flood or fire, it could be declared totaled under Arkansas law when the damage is equal to or exceeding 70% of its average retail value.
Solving Insurance Problems in Arkansas
The Arkansas insurance department is in charge of monitoring insurance companies and taking consumer complaints. You can find an online complaint form here.
Methodology
To find the cheapest auto insurance companies in Arkansas, we used rates from Quadrant Information Services, a provider of insurance data and analytics. Except where noted, rates are based on a 40-year-old female driver with a clean record insuring a new Toyota RAV4 with $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability (known as 100/300/100), uninsured motorist coverage and any other coverage required in the state. Rates also include collision and comprehensive insurance with a $500 deductible.
State averages for Arkansas are based on rates from ALFA, Allstate, Automobile Club of Missouri, Auto-Owners, Cameron Mutual, Columbia Insurance, Farmers, Geico, Hanover, Home State Insurance, Nationwide, Progressive, Shelter, Southern Farm Bureau, State Farm, Travelers and USAA.
