Arkansas Auto Insurance (2024)
Average Arkansas auto insurance rates are $147 a month, which is higher than the national average. Although Geico offers the cheapest basic car insurance in Arkansas, State Farm provides the most affordable full coverage. Find cheap coverage by comparing multiple Arkansas auto insurance quotes.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Oct 18, 2023
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our 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.
UPDATED: Oct 18, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our 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.
On This Page
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
- The average cost of car insurance in Arkansas is $1,768 annually or $147 per month
- Arkansas’s average insurance rates are $239 a year higher than the national average
- Arkansas auto insurance requirements include 25/50/25 in liability coverage
If you’re searching for affordable Arkansas auto insurance, you may not be happy with the average rates. Arkansas car insurance costs around $1,768 annually or $147 per month, around $239 more than the national average for auto insurance. Still, you may be able to find cheap auto insurance rates online.
Several companies offer auto insurance in Arkansas. As you search for the cheapest car insurance in Arkansas, you’ll probably find that some companies offer more affordable rates than others. The best way to find affordable auto insurance in Arkansas is by searching for quotes online.
You’ll pay less in Arkansas for auto insurance that only meets the state’s minimum requirements. While a liability-only policy is a great way to save money on coverage, it may not be your best option. However, you’ll need to decide what coverages you need before purchasing an auto insurance policy.
Factors affecting auto insurance rates include driving history, credit score, and ZIP code. Companies consider all this when determining how much you’ll pay for a policy.
Shop online and compare car insurance quotes in Arkansas from several companies to avoid paying high rates.
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The Cheapest Minimum Coverage Auto Insurance in Arkansas
You must purchase a car insurance policy if you live and drive in Arkansas. However, you can save a lot of money if you purchase a minimum coverage policy that only includes liability auto insurance. With a minimum coverage policy, you’ll pay around $577 annually or $48 per month for coverage.
Liability Auto Insurance Average Rates From Top Providers
Insurance Company | Monthly Rates |
---|---|
Allstate | $160 |
American Family | $117 |
Auto-Owners | $87 |
Farmers | $139 |
Geico | $80 |
Liberty Mutual | $174 |
Nationwide | $115 |
Progressive | $105 |
State Farm | $86 |
Travelers | $99 |
USAA | $59 |
U.S. Average | $119 |
Geico is the cheapest auto insurance company in Arkansas for a minimum coverage policy. With Geico, policyholders pay around $388 per year or $32 monthly for liability coverage. State Farm is next with an annual premium of $397 or $33 a month.
Farmers charges a bit more, with an annual premium of around $610, equating to around $51. The average cost for a minimum coverage car insurance policy with Nationwide is $677 annually or $56 each month and Progressive charges around $770 per year or $64 per month.
The most expensive minimum coverage rates come from Allstate. The annual cost of a liability-only policy with Allstate is around $783, which equates to roughly $65 per month. Rates with Allstate are more than double those with Geico, proving why it’s important to find and compare rates from several companies.
When You Should Get a Minimum Coverage Policy
While minimum coverage auto insurance can help you save on your monthly or annual premiums, a liability-only policy doesn’t offer as much protection as other, more robust options.
With a minimum coverage policy, you’re only covered if you’re in an at-fault accident and cause injuries or damage to other people or their vehicles. However, you and your vehicle may not have coverage in the accident, meaning you may have to pay out of pocket for your medical bills and car repairs.
To avoid paying hundreds or even thousands of dollars after a wreck, you can purchase additional car insurance coverage offering more protection when you get behind the wheel.
A full coverage policy offers protection when you’re at fault in an accident and helps pay for vehicle repairs if it gets damaged while parked. Though full coverage often costs much more than a liability policy, you may find the added protection is worth the cost.
Get Cheap Full Coverage Auto Insurance in Arkansas
A full coverage policy in Arkansas costs more than a minimum coverage policy with virtually any company. The average cost of a full coverage auto insurance policy in the state is around $1,853 annually or $154 per month.
Full Coverage Auto Insurance Average Rates and Availability from Top Providers
Insurance Company | National Availability | Monthly Rates | Versus Average |
---|---|---|---|
AAA | 34 States | $86 | Lower |
Allstate | All 50 States and D.C. | $161 | Higher |
American Family | 19 States | $116 | Lower |
Farmers | All 50 States and D.C. | $139 | Higher |
Geico | All 50 States and D.C. | $80 | Lower |
Hartford | 41 States and D.C. | $113 | Higher |
Liberty Mutual | All 50 States and D.C. | $172 | Higher |
Nationwide | 46 States and D.C. | $114 | Lower |
Progressive | All 50 States and D.C. | $108 | Higher |
State Farm | All 50 States and D.C. | $86 | Lower |
Travelers | 42 States and D.C. | $99 | Lower |
USAA (Military and Family Members) | All 50 States and D.C. | $59 | Lower |
The cheapest option for full coverage in Arkansas comes from State Farm. With State Farm, expect to pay around $1,412 annually or $118 monthly for car insurance. Farmers is the next cheapest option, charging $1,568 annually or $131 per month.
Geico comes next, offering full coverage auto insurance at around $1,622 annually or $135 per month. Nationwide charges $1,676 annually or $140 per month on average. You’ll pay roughly $2,244 annually or $187 per month for a full coverage policy with Progressive.
Allstate is the most expensive option for full coverage. With Allstate, you’ll pay around $3,415 annually or $285 each month for a full coverage policy. This price is nearly $170 more per month than a policy with State Farm. Compare State Farm vs. Allstate auto insurance to decide which company is best for you.
When You Should Get Full Coverage
A full coverage auto insurance policy includes liability insurance, collision, and comprehensive coverage. Collision coverage pays for repairs to your vehicle if you get in a car accident. So if you’re at fault in an accident, collision still helps pay for necessary car repairs, offering peace of mind.
Comprehensive auto insurance helps pay for repairs when your vehicle gets damaged outside of an accident, like inclement weather, animals, vandalism, or theft.
Full coverage is a great way to ensure you’re covered no matter what happens. While a full coverage policy costs more than other options, it’s a great investment if you have the money and want the added protection.
You may be required to purchase full coverage if you have a vehicle loan or lease. However, even if you don’t require a full coverage policy, it’s worth shopping online and comparing quotes to see your options and how much a full coverage policy might cost.
Get Cheap Auto Insurance in Arkansas With Bad Credit
Believe it or not, your credit score can significantly impact your auto insurance rates. If you have a good credit score, you may notice lower-than-average rates. However, if your credit score is poor, you may pay more for car insurance in Arkansas. Always check to see how auto insurance and your credit score interact.
Studies show a correlation between poor credit scores and an increase in car insurance claims. As a result, many car insurance companies charge higher rates to people with bad credit to mitigate the risk.
Ratings for credit scores can vary, but many companies consider anything 700 or higher a good score. So if you’re under 700 — especially if your score is lower than 670 — you can expect many insurers to increase your rates.
Some states have banned using a person’s credit score to determine how much they’ll pay for auto insurance coverage, but companies can still use credit scores as a factor in Arkansas.
The average cost for auto insurance in Arkansas, if you have bad credit, is $1,975 annually or around $165 each month. However, you may find cheaper coverage with specific companies in the state.
Full Coverage Auto Insurance Monthly Rates by Credit Score
Insurance Company | Poor Credit | Fair Credit | Good Credit |
---|---|---|---|
AAA | $245 | $165 | $135 |
Allstate | $296 | $197 | $166 |
American Family | $203 | $136 | $116 |
Farmers | $269 | $161 | $140 |
Geico | $148 | $100 | $82 |
Hartford | $230 | $155 | $120 |
Liberty Mutual | $355 | $226 | $177 |
Nationwide | $166 | $133 | $120 |
Progressive | $206 | $138 | $109 |
State Farm | $200 | $118 | $91 |
Travelers | $194 | $128 | $107 |
U.S. Average | $226 | $148 | $123 |
Geico offers the cheapest full coverage policy in Arkansas if you have poor credit. A full coverage policy with Geico costs $2,276 annually or $190 per month. Farmers offers the next cheapest option, charging roughly $2,360 annually or $197 per month for a full coverage policy with bad credit.
Nationwide charges $2,396 annually or $200 each month for car insurance, and Progressive’s annual coverage rates are $3,793, which comes out to around $316 per month for coverage.
If you have bad credit, you’ll pay around $4,666 annually or $389 per month on average for car insurance in Arkansas. However, State Farm charges the most. For example, if you have a bad credit score and seek coverage in Arkansas with State Farm, you could pay nearly $7,367 annually or $614 each month for coverage.
While car insurance rates may be more expensive for people with bad credit, you could get cheaper rates by pursuing different car insurance discounts. For example, some companies allow policyholders to save up to 25% on their coverage with specific discounts.
Additionally, you’ll enjoy more affordable coverage as your credit improves. Shop and compare quotes at least once yearly to ensure you’re not overpaying for your Arkansas auto insurance.
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How to Get Cheap Insurance in Arkansas With an At-Fault Accident on Your Record
Your driving record is one of the most important factors to car insurance companies. You may get cheap coverage rates if you have a clean driving record with no infractions, but if your driving record has blemishes, it’s safe to assume you’ll pay more.
An at-fault accident on your driving record can raise your rates by nearly $1,000 each year. Fortunately, you should be able to find an affordable auto insurance policy with certain insurance companies in Arkansas. Bad driving record auto insurance is available for those who don’t have a clean record.
Full Coverage Auto Insurance Monthly Rates: One Accident vs. Clean Record
Insurance Company | One Accident | Clean Record |
---|---|---|
AAA | $220 | $180 |
Allstate | $225 | $166 |
American Family | $176 | $116 |
Farmers | $198 | $140 |
Geico | $132 | $95 |
Hartford | $230 | $175 |
Liberty Mutual | $234 | $177 |
Nationwide | $161 | $140 |
Progressive | $186 | $120 |
State Farm | $150 | $105 |
Travelers | $200 | $160 |
U.S. Average | $172 | $123 |
State Farm offers the most affordable rates for coverage if you have an at-fault accident on your record. With State Farm, you’ll pay around $1,755 annually or $146 per month for coverage. Farmers is the next cheapest option, at around $2,166 annually or $181 per month for coverage with an accident on your record.
Geico charges around $2,593 per year or $216 monthly for coverage, and Nationwide rates are around $2,681 annually or $223 per month. With Allstate, you’ll pay $4,072 annually or $339 per month for car insurance with an at-fault accident on your record.
Progressive’s rates are the most expensive. With Progressive, you’ll pay around $4,124 per year or $344 each month for car insurance. Progressive’s rates are almost $200 more expensive per month than State Farm’s. Our Progressive auto insurance review gives more information.
Though an at-fault accident can impact your car insurance rates while it’s on your record, it falls off your driving record in three to five years. Once it does, you could get cheaper car insurance rates.
It’s important to compare quotes from different car insurance companies at least once a year to avoid paying too much for coverage. You may also be able to save money by taking a safe driving or defensive driver course through your insurance company.
Affordable Auto Insurance in Arkansas for Young Drivers
Teens and young adults consistently pay the most for car insurance coverage in Arkansas. The average cost for an auto insurance policy, if you’re a teen, is $5,876 annually or around $490 a month.
Car insurance companies charge more for teens and young adult drivers because they pose more risk to the company. Young drivers are more likely to get in an accident and file a claim, so many companies charge teen drivers up to four times more than a 30-year-old with a clean driving record. Learn how to find cheap rates for teens buying auto insurance.
Full Coverage Auto Insurance Monthly Rates for 18-Year-Old Drivers
Company | Male | Female |
---|---|---|
Allstate | $519 | $448 |
Farmers | $629 | $597 |
Geico | $254 | $220 |
State Farm | $284 | $229 |
Progressive | $662 | $591 |
Nationwide | $387 | $303 |
Liberty Mutual | $626 | $522 |
Travelers | $740 | $530 |
Geico offers the cheapest car insurance rates for teen drivers. The company charges around $3,827 annually or $319 per month for coverage. State Farm is next, with annual rates around $4,817 and monthly rates around $401.
With Nationwide, teens pay roughly $5,666 each year or $472 each month for car insurance. Farmers charges roughly $6,898 annually or $577 each month. If you purchase a policy with Allstate, you’ll pay around $9,488 annually or $791 monthly.
The most expensive option for teens and young adults in Arkansas is Progressive. With Progressive, you’ll pay around $10,541 each year or $878 each month for car insurance.
Teens may save significantly on coverage by adding themselves to a parent or guardian’s policy. However, if this isn’t an option, keeping a clean driving record and comparing quotes from multiple companies is your best bet to save money on coverage.
Arkansas Auto Insurance Rates Differ Based on Where You Live
Your car insurance rates in Arkansas depend partly on your ZIP code because auto insurance companies check where you live to determine your risk level. As a result, certain areas have cheaper rates, and others are more expensive.
The cheapest city to purchase car insurance in Arkansas is Siloam Springs, and the most expensive auto insurance policies are in College Station.
Springdale rates are around $1,939 annually or $162 per month, while rates in Little Rock cost $2,325 annually or $194 per month on average.
You can speak with any auto insurance company you’re considering to see how important your location is in determining your rates. You’ll likely find that some companies use it as a significant factor while others don’t.
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DUI Laws in Arkansas
A DUI is a very serious offense in Arkansas. Auto insurance rates in Arkansas increase by nearly 60% following a DUI conviction, as you pose a higher risk to any insurance company.
You likely won’t find cheap car insurance in Arkansas with a DUI on your record, but you could find more affordable rates with certain insurers by researching and finding the best auto insurance for drivers with a DUI.
The Cost of Auto Insurance in Arkansas With a DUI
Your rates will significantly increase after a DUI or DWI conviction in Arkansas. Still, certain companies are more understanding of a DUI on your driving record than others. Your best bet is to compare rates from multiple companies to see which offers the most affordable coverage following a DUI conviction.
Full Coverage Auto Insurance Monthly Rates by Driving Record
Insurance Company | One Accident | One DUI | One Ticket | Clean Record |
---|---|---|---|---|
AAA | $220 | $240 | $220 | $180 |
Allstate | $225 | $225 | $195 | $166 |
American Family | $176 | $176 | $131 | $116 |
Farmers | $198 | $198 | $176 | $140 |
Geico | $132 | $132 | $125 | $95 |
Hartford | $230 | $250 | $215 | $175 |
Liberty Mutual | $234 | $234 | $217 | $177 |
Nationwide | $161 | $161 | $175 | $140 |
Progressive | $186 | $186 | $160 | $120 |
State Farm | $150 | $102 | $138 | $105 |
Travelers | $200 | $139 | $205 | $160 |
U.S. Average | $172 | $173 | $152 | $123 |
State Farm charges $1,999 annually or $167 each month for car insurance coverage, while Farmers rates are around $2,079 annually or $173 each month.
With Progressive, you’ll pay around $2,667 annually or $222 per month for car insurance following a DUI, and Geico charges $3,017 per year or $251 monthly. Allstate and Nationwide charge virtually the same amount for auto insurance following a DUI conviction, with premiums around $4,018 annually or $335 each month.
A DUI eventually falls off your driving record, but it could take a while. In the meantime, finding a company that works with you on coverage and price is a good idea. In addition, you should try to keep your driving record clean to prove to insurance companies that you’re responsible.
Auto Insurance Is Required in Arkansas
Car insurance is a requirement in Arkansas. The minimum auto insurance requirements by state can vary, but it’s illegal to not have basic auto insurance in Arkansas.
According to the Arkansas Insurance Department, you must have the following coverages:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability per person
However, the state’s minimum coverages are fairly limited, as they don’t offer personal protection.
Optional Coverage in Arkansas
If you’re considering additional car insurance coverage in Arkansas, the following options are among the most popular:
- Comprehensive coverage. Comprehensive coverage pays for repairs to vehicles damaged by inclement weather, animals, vandalism, or other covered events unrelated to an automobile accident.
- Collision coverage. Collision coverage pays for your vehicle repairs after a covered accident.
- GAP insurance. GAP coverage pays the difference between your vehicle loan balance and your car’s actual cash value if it gets totaled.
- Personal injury protection (PIP). PIP coverage pays for medical bills like hospital stays and doctor visits. PIP may also reimburse lost wages in certain scenarios.
- Rental car reimbursement. Rental car reimbursement pays you back if you have to rent a car while yours gets repaired after a covered event.
- Roadside assistance. Roadside assistance helps if you get stranded in your vehicle. This coverage often includes towing services, fuel delivery services, lockout services, flat tire repair, and more.
- Uninsured/underinsured motorist insurance. With uninsured or underinsured motorist coverage, your insurance company pays for injuries or damages caused by another person if they don’t carry proper Arkansas coverage.
Depending on what you’re looking for, you may find that certain companies offer affordable coverage rates. However, it’s a good idea to shop online and compare quotes from multiple companies before making any final decisions on coverage.
How to Get Arkansas SR-22 Coverage
If you have certain infractions on your driving record, like a DUI, multiple accidents, or speeding tickets, you may need an SR-22. Coverage options are the same as normal coverage, but you’ll need an insurer to file an SR-22 to prove you have financial responsibility after an accident.
Many insurance companies offer SR-22 auto insurance options, and it may be simple to find SR-22 coverage with your current insurance company.
SR-22 for Insured Drivers
If you have insurance on your vehicle, you can request an SR-22 filing with your current company. You may have to pay a small fee for this service, but it could help you save time and money to stick with your current insurance company rather than find a new one.
SR-22 for Uninsured Drivers
Individuals without an existing auto insurance company may find it difficult to file an SR-22.
Some companies may refuse to cover you based on your driving record. The best way to find auto insurance coverage if you need an SR-22 is to shop and compare quotes from several insurance companies.
SR-22 for People Who Don’t Own a Vehicle
If you don’t own a car but need to file an SR-22, you may need to purchase a non-owner auto insurance policy.
Many insurance companies offer non-owner auto insurance coverage, though you may run into some unwillingness to cover you because of your driving record. Shop online and compare quotes from several companies to see your options.
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Cheap Auto Insurance in Arkansas: The Bottom Line
You may be able to find cheap auto insurance in Arkansas, but it depends on several factors. For example, if you have a clean driving record, you’ll likely get affordable Arkansas car insurance coverage. However, auto insurance companies still consider many other factors when determining a person’s rates.
Before buying car insurance in Arkansas, shop online and compare quotes from multiple companies in your area — doing so could help you save hundreds of dollars on your auto insurance coverage.
There are several options for car insurance in Arkansas. It’s a good idea to take your time when comparing quotes and rates to make the best decision possible for yourself and your family.
Once you find an insurer you like, compare quotes from multiple other Arkansas car insurance companies at least once annually to ensure you’re getting the best deal possible. If you find other companies that offer you cheaper rates, you could use this as leverage to get more affordable rates with your current company.
Frequently Asked Questions
Which company offers the cheapest car insurance in Arkansas?
There’s no way to know which company offers the most competitive rates until you find and compare quotes from several in Arkansas. Some companies have lower averages, but your unique profile will determine how much you’ll pay for coverage.
How much is car insurance in Arkansas?
Arkansas car insurance costs around $1,768 annually or $147 per month, which is $239 more than the national average. Still, you’ll need to find and compare quotes from multiple companies to know how much you’ll pay for coverage.
Do I need full coverage auto insurance in Arkansas?
You are only required to carry minimum coverage in Arkansas. Still, you may want to purchase full coverage for added protection. A full coverage policy includes both collision and comprehensive coverage. Collision coverage helps if you’re involved in a car accident and your vehicle is damaged. Comprehensive coverage helps if your vehicle is damaged in some way other than an accident.
Can I drive without car insurance in Arkansas?
You must carry the state’s minimum coverage requirements to drive legally in Arkansas, including $25,000 in bodily injury liability per person, $50,000 in bodily injury liability per accident, and $25,000 in property damage liability per person.
You can purchase additional coverages to ensure you have protection in the event of an accident, but you’ll incur higher rates. Also, if you have a loan or lease on your vehicle, you may be required to carry full coverage in Arkansas.
What factors impact insurance rates in Arkansas?
Auto insurance rates in Arkansas differ for various reasons. Insurance companies in Arkansas and elsewhere consider several factors when determining a person’s auto insurance costs, such as:
- Age
- ZIP code
- Driving history
- Credit score
- Type of vehicle
- Coverage type and amount
While most insurance companies consider the factors listed above, not all companies give each factor the same level of importance. One company could consider your age a significant factor while another considers your driving history more important.
What happens if I get a DUI in Arkansas?
If you get a DUI in Arkansas, you may have a hard time acquiring auto insurance coverage. Some companies will see you as too much of a risk and refuse to take you on as a policyholder. When you do find coverage, you can expect to pay much more than you have in the past.
Insurance companies see a DUI as a serious infraction. Drivers with a DUI on their record could have elevated rates for up to 10 years based on Arkansas DUI laws.
Can my insurance company cancel my policy?
Yes, insurance companies have the right to cancel your policy under certain circumstances. These may include non-payment of premiums, providing false information, or if your driving record significantly worsens. However, they must provide you with proper notice before canceling your policy.
What should I do after a car accident in Arkansas?
After a car accident in Arkansas, it’s important to take the following steps:
- Ensure everyone’s safety and seek medical attention for any injuries.
- Contact law enforcement to report the accident.
- Exchange information with the other driver(s) involved, including names, contact details, insurance information, and vehicle details.
- Take photos of the accident scene, damages, and any visible injuries.
- Notify your insurance company and provide them with accurate information about the accident.
- Cooperate with the insurance company’s investigation and provide any necessary documentation or statements.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
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.