Do you live in Arkansas and wonder, how much is car insurance in Arkansas?

You probably already know that if you want to drive (legally), you need car insurance. Purchasing car insurance policies are inevitable for all car owners, as car insurance is mandatory.

Paying for car insurance on top of the cost of a new car can get expensive. But does location impact price? In the United States, there are a lot of factors that affect the cost of car insurance. 

One factor that can have a big impact on how much you end up paying for car insurance is where you live. In Arkansas, the cost of car insurance depends on the amount of coverage you select, your liability limits and whether or not you have collision and comprehensive coverage.

In this article, we will tell you how much car insurance is in Arkansas and more details that you need to know.

How Much Is Car Insurance In Arkansas?

There is no clear-cut answer to that question, It really just depends on your situation. But there are a few key factors that affect how much car insurance premiums are in the state of Arkansas. 

To give you a rough idea, the average cost of car insurance premiums in the state of Arkansas currently range from $1,424 to $1,458 annually. Arkansas’s car insurance coverage is just a little below the national average cost of auto insurance which is $1,483 per year.  

If you are only planning to have minimum coverage, Arkansas’s average car insurance rate ranges between $470 to $622 per year. On the other hand, the average cost of car insurance premiums in Arkansas in 2022 ranges from $1,189 to $1,914 for full coverage. 

So, as you can see, the amount of car insurance coverage you choose to have will affect your insurance rates.

Car Insurance Companies in Arkansas

The car insurance provider you choose is another factor that affects how much you’ll pay for car insurance premiums in Arkansas. 

The car insurance company that offers the cheapest rates for the minimum coverage right now is USAA; their premiums per year are only $266 for minimum coverage. 

On the other hand, the most expensive car insurance minimum coverage comes from The Hanover. Their car insurance premiums currently cost $1,140 per year for minimum coverage for the average driver.

As for the cheapest full coverage car insurance, the total coverage also comes from USAA, only $663 per year. Meanwhile, the most expensive full coverage for car insurance also comes from The Hanover, $4,183. 


Age

A significant factor that will affect your car insurance rates in Arkansas is age. Arkansas’s cheapest car insurance rates are premiums for drivers in their 50s.Their yearly premiums are only $1,287.14 on average. 

As is the case in most states, the younger the driver, the more expensive the premiums. For example, the car insurance premiums for 17 years old is $6,491.75 per year, while for 30 years old, it is only $1,421.01. 

Driving History

Another factor influencing auto insurance premiums in Arkansas is a driver’s driving history. The average annual premium for drivers who have been involved in an accident which was their fault ranges from $1,979.47 to $2,142.19. Meanwhile, if the driver is arrested and charged with a DUI, their vehicle insurance costs will climb to $2,008.79 per year.

Other factors may also affect the costs of car insurance, such as your credit score and your age. Insurers do not like risks and delinquents, which is why they may charge higher premiums for drivers who are high at risk and delinquents.

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