Best cheap car insurance in Arkansas

Cheapest Arkansas car insurance quotes: State Farm

The cheapest auto insurance companies in Arkansas are State Farm, Geico and Farm Bureau. The annual quotes from these companies average 31% less than the Arkansas average.

Additionally, USAA typically provides drivers with cheap car insurance — although only veterans, members of the military and their families are eligible to buy from USAA.

Cheapest Arkansas car insurance companies

Minimum-coverage insurance is the cheapest option an Arkansas driver can purchase. However, a minimum-coverage policy only pays for damage you cause to other drivers and their vehicles. Your own car won't be protected if you get into an accident, which may result in hefty repair costs you have to pay.

Arkansas drivers should consider higher liability limits or a full-coverage policy — especially if their vehicle is worth more than $3,000 or is less than 10 years old.

Cheapest company for full coverage: State Farm

For a full-coverage car insurance policy, Arkansas drivers can expect to get the cheapest car insurance rates with State Farm. This company provides the cheapest quotes, with rates that average $74 per month.

State Farm's rate is 46% lower than the average cost of full-coverage auto insurance in the state.

Cheapest full coverage insurance in Arkansas

Full-coverage policies include comprehensive and collision insurance coverages — which pay out to repair or replace your own vehicle if it is stolen or damaged in a crash. Consider these policies if your car is worth more than a few thousand dollars.

Cheap car insurance for drivers with prior incidents

The average cost of a full-coverage policy tends to be higher for drivers with a history of citations, traffic violations or accidents. Depending on which violation you have, annual rates may increase by a few hundred dollars into the thousands.

Cheapest car insurance for drivers with a speeding ticket: State Farm

Arkansas' best insurance company for drivers with a speeding ticket is State Farm. The cost difference between State Farm and the most expensive company is $168 per month for full coverage.

This gap emphasizes why it's so important to shop and compare multiple companies. Two other cheap insurers worth checking out are Geico and Farm Bureau.

Cheapest car insurance in Arkansas with a speeding ticket

Insurance companies have found that drivers with traffic tickets are more likely to be involved in accidents than other drivers, so insurers charge higher rates as a result.

Cheapest quotes for drivers after an accident: State Farm

The best company for cheap car insurance after an at-fault accident in Arkansas is State Farm, where insurance costs just $85 per month for full coverage.

Rates from State Farm are 61% cheaper than the average cost of insurance for drivers with an accident — which is $2,670 per year. Choosing State Farm over the average insurance company in the state could represent a savings of $138 per month on premiums.

Cheapest car insurance in Arkansas with an accident

Insurance companies may raise rates after you've been in an accident because you are statistically more likely to be in future accidents. The increase in rates could be more than double for Arkansas drivers — depending on the company you choose.

Cheapest car insurance quotes after a DUI: Farm Bureau

Farm Bureau offers the best low-cost full-coverage policy for Arkansas drivers with a DUI. Those insured under this company pay less than half the price of the average Arkansas driver.

A DUI or DWI is one of the most serious driving convictions and raises rates an average of 81% in Arkansas.

Serious driving convictions like DUIs can stay on your record longer than something minor, like driving a few miles per hour over the speed limit. Comparing rates can help mitigate the impact of having a DUI, but driving responsibly for a while is the only way to get your rates back to where they were before.

Cheapest car insurance for Arkansas drivers with poor credit: Geico

Geico offers the cheapest full-coverage premiums for drivers with poor credit. Despite being slightly more expensive, Farm Bureau is an alternative still worth looking into.

Insurers use credit scores to determine quotes because drivers with low credit scores are statistically more likely to file insurance claims.

Cheapest car insurance in Arkansas with poor credit

Cheapest car insurance for young drivers in Arkansas: State Farm

If you or one of your family members is a veteran or current military member, you should contact USAA, which has rates even cheaper than State Farm's.

Age is one of several factors insurers take into account when calculating your annual premium. In Arkansas, 18-year-olds pay more than twice as much as drivers in their 30s. However, once you get older and get more driving experience, the cost of car insurance typically decreases.

Cheapest car insurance for young drivers after a ticket: Geico

Geico has great rates for young drivers after a ticket — you might not see any increase in rates after one speeding incident. The rate for an 18-year-old remained the same at $88 per month for minimum coverage.

Farmers has the most expensive auto insurance for 18-year-old drivers, with an annual rate of $3,560 — which is more than triple the rate offered at Geico.

Cheapest car insurance for teen drivers after a ticket

Cheapest car insurance for young drivers after an accident: State Farm

Young drivers who have been in an at-fault accident should contact State Farm and Farm Bureau. For minimum coverage, State Farm is 53% cheaper than the state average.

Having a speeding ticket on your record or having an accident history result in similar effects on your insurance premiums. Both usually increase your car insurance costs by up to 34% because these drivers are more likely to be involved in another incident.

Cheapest car insurance quotes for married drivers: State Farm

If you've tied the knot, get quotes from State Farm, Farm Bureau and Geico.

Arkansas' married drivers pay an average of 10% less per year than single drivers for full coverage. Insurance companies often give married drivers a small discount because they're less likely to be involved in a crash.

Cheapest car insurance for married drivers in Arkansas

Best car insurance companies in Arkansas

The best insurance companies combine good customer service, quotes, coverage offered and overall shopping experience. Shelter and State Farm also receive excellent reviews from current customers and rank as the second and third best companies in the state.

Best car insurance in Arkansas

Cost of car insurance in Arkansas by city

Insurance costs vary depending on your city. Each area of Arkansas has a different population density, crime rate and accident frequency, which all factor into your annual rate estimates.

Average cost of full coverage insurance by city

Minimum car insurance requirements in Arkansas

As an Arkansas driver, you are required to have at least $25,000 per person/$50,000 per accident of bodily injury liability insurance, plus $25,000 of property damage liability insurance. Liability coverage pays out for damage to other drivers if you cause an accident. If you are caught driving without insurance, your license might be suspended and you might have to pay fines.

While a policy with the minimum amount of liability coverage is the cheapest kind of insurance, it may not be enough to pay for all the damage in a serious accident, and it doesn't cover damage to your car. Drivers with expensive or newer vehicles should purchase higher liability limits or additional coverage that covers damage to their car, like collision and comprehensive coverage.

Frequently asked questions

Methodology

We collected thousands of rates from ZIP codes across Arkansas for the largest 10 insurers. Our sample driver is a 30-year-old man with average credit who drives a 2015 Honda Civic EX.

The base policy for the study was a full-coverage policy with the following limits:

For our minimum-coverage policy, we used the minimum required limits in Arkansas.

For other rates analyses (credit score, accident history and marital status), the base policy listed above was altered to reflect the new driver. Quotes for young drivers are based on a minimum-coverage policy unless otherwise noted.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.