If you are looking for auto insurance in Arkansas, knowing how much it will cost is a promising idea. The average premium for car insurance in Arkansas is $1,591 per year or $133 per month. While the national average is $1,682. There is a difference of $91 less between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Arkansas, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Average car insurance cost in Arkansas per month

In Arkansas, the average premium for car insurance is $133 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Arkansas, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Arkansas is USAA. The average annual cost is $1,025 while the average cost per month is $85. The second-best option available is, Standard Fire Ins Co, offering insurance at an average per month cost of $100.

The table below lists the other available car insurance companies which offer car insurance in Arkansas, along with their average cost per month and average annual cost.

Company nameAverage per month costAverage annual cost
USAA$85$1,025
Standard Fire Ins Co$100$1,198
GEICO Advantage Ins Co$101$1,215
Nationwide General Ins Co$106$1,266
State Farm Mutl Automobile Ins$109$1,305
Automobile Club Inter-Ins$121$1,449
Farmers Ins Co$121$1,456
Auto-Owners Ins Co$130$1,561
Progressive Northwestern Ins$130$1,561
Allstate P&C Ins Co$183$2,190

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Arkansas

The amount of coverage you purchase has an impact on how much car insurance costs in Arkansas. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Arkansas is $521.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Arkansas is $1,591 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Arkansas, the average annual cost for non-owner state minimum liability only is $235.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $428 per year in Arkansas.

Coverage limitsAverage annual cost
50/100/50 Liability Only$521
100/300/100 Liability with $500 Comp/Coll Deductible$1,591
Non-Owner State Minimum Liability Only$235
State Minimum Liability Only$428

Average car insurance cost in Arkansas by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Arkansas:

CityAverage annual cost
Little Rock$1,688
Fort Smith$1,416
Fayetteville$1,464
Springdale$1,448
Jonesboro$1,489
Rogers$1,410
Conway$1,489
North Little Rock$1,621
Bentonville$1,395
Pine Bluff$1,720

Average car insurance cost in Arkansas by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Arkansas is $2,995 while for seniors is $1,539. Here, the rate for young drivers is $1,456 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Arkansas for young drivers

The average car insurance cost for female young drivers in Arkansas is $2,786 per year or $232 per month and rate for a male young driver is $3,204 per year or $267 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
18$5,890$5,007
19$4,076$3,456
20$3,688$3,154
21$2,905$2,512
22$2,563$2,251
23$2,368$2,116
24$2,190$1,972
25$1,953$1,819

Average car insurance cost in Arkansas for senior drivers

In Arkansas, the cost of car insurance for senior female driver is $1,521 per year or $127 per month and cost of car insurance for male senior driver is $1,557 per year or $130 per month.

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
65$1,432$1,406
70$1,546$1,520
75$1,693$1,638

Read more about senior car insurance

Summary of average car insurance cost in Arkansas
Average annual cost
$1,591
Average per month cost
$133
Average cost for state minimum coverage
$428 / Year
Cheapest car insurance company
USAA
($1,025/ Year)
Average cost for young drivers
$2,995 / Year
Average cost for Senior drivers
$1,539 / Year
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