Average Car Insurance Cost in Arkansas (Updated Rates)

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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 $1,597 per year or $133 per month. While the national average is $1,682. There is a difference of $85 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.

Summary of average car insurance cost in Arkansas
Average annual cost $1,597	Average per month cost $133	Average cost for state minimum coverage $422 / Year
Cheapest car insurance company USAA ($1,043/ Year)	Average cost for young drivers $2,572 / Year	Average cost for Senior drivers $1,486 / Year

Key Takeaways

The average car insurance cost in Arkansas is $1,597 per year, based on Insure.com’s analysis.
In Arkansas, the average premium for car insurance is $133 per month.
USAA has the cheapest car insurance rates in Arkansas, at an average annual rate of $1,043 a year.

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 $1,043 while the average cost per month is $87. The second-best option available is, Geico, offering insurance at an average per month cost of $94.

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 name	Average per month cost	Average annual cost
USAA	$87	$1,043
Geico	$94	$1,123
Travelers	$102	$1,228
Nationwide	$106	$1,273
State Farm	$109	$1,305
Auto Club	$121	$1,449
Auto-Owners	$130	$1,561
Progressive	$132	$1,586
Allstate	$183	$2,202
Farmers Insurance	$200	$2,398

Read our guide to best car insurance companies

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 $510.

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 $1,597 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 $232.

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 $422 per year in Arkansas.

Coverage limits	Average annual cost
50/100/50 Liability Only	$510
100/300/100 Liability with $500 Comp/Coll Deductible	$1,597
Non-Owner State Minimum Liability Only	$232
State Minimum Liability Only	$422

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:

City	Average annual cost
Little Rock	$1,689
Fort Smith	$1,418
Fayetteville	$1,467
Springdale	$1,451
Jonesboro	$1,490
Rogers	$1,413
Conway	$1,491
North Little Rock	$1,623
Bentonville	$1,398
Pine Bluff	$1,726

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Arkansas by city

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 $2,572 while for seniors is $1,486. Here, the rate for young drivers is $1,086 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 $2,401 per year or $200 per monthand rate for a male young driver is $2,743 per year or $229 per month.

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

Age of driver	Average annual cost for Male drivers	Average 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 $1,470 per year or $123 per month and cost of car insurance for male senior driver is $1,502 per year or $125 per month.

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

Minimum car insurance requirements in Arkansas

Each state sets its own regulations regarding the minimum amount of car insurance coverage drivers must carry to operate a vehicle legally on the roads. According to information provided by the Arkansas Department of Insurance, the following are the required coverages and minimum coverage limits in Arkansas:

Bodily injury per person: $25,000
Bodily injury per accident: $50,000
Personal property coverage per person: $25,000

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Cheapest cars to insure in Arkansas

The Chrysler Voyager LX has the lowest average annual insurance premium at $1,369, followed closely by the Hyundai Venue SE at $1,397. The difference in the cost of insuring these two models is $28 annually.

Make	Model	Average annual premium
Chrysler	Voyager LX	$1,369
Hyundai	Venue SE	$1,397
Mazda	CX-30 S	$1,403
Ford	Transit Connect Titanium	$1,414
Toyota	C-HR Limited	$1,416
Mazda	CX-5 S	$1,460
Subaru	Forester 2.5I	$1,464
Honda	HR-V EX	$1,467
Kia	Seltos EX	$1,469
Honda	CR-V EX	$1,475

Most expensive cars to insure in Arkansas

The most expensive car to insure on the list is the Maserati Quattroporte, which has an average annual premium of $6,085. However, the difference between the cheapest and most expensive cars to insure is $4,716 annually.

Make	Model	Average annual premium
Maserati	Quattroporte	$6,085
Maserati	Levante Trofeo	$5,380
Maserati	Ghibli Modena	$5,270
Maserati	Ghibli GT	$5,098
Tesla	Model S Plaid	$5,008
Porsche	Taycan Turbo S	$4,928
BMW	M8 Competition XDrive	$4,734
Audi	R8 5.2L V10 Quattro Performance	$4,628
Porsche	Panamera 4 E-Hybrid	$4,539
Maserati	Ghibli Trofeo	$4,451

Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible.

Methodology

Insure.com team worked with Quadrant Information Service to get car insurance data. To determine the average premiums, our team of data analysts and expert editors have analyzed 56,838,240 insurance quotes from 136 insurance companies across 34,523 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits: