If you live in Helena-West Helena or are planning a road trip to take in Arkansas’ stunning landscape, having adequate car insurance is essential. Car accidents can cost thousands of dollars in medical bills, property damage and other costs due to accidents.
Thankfully, an Arkansas Car Insurance Calculator makes it simple to compare premiums from various insurers and determine which one is most affordable for you. Simply enter your personal information, and the calculator will provide a ballpark figure of how much car insurance you can afford.
Arkansas’ average cost of car insurance is higher than the national average at $1,914 annually. This could be due to a variety of reasons.
Insurers calculate rates based on several factors, such as your driving record and credit score. Drivers with good credit may enjoy lower premiums and discounts while those with poor credit must pay more.
With a DUI conviction, your car insurance rates in Arkansas will typically go up by an average of $800; however, not all insurers charge the same amount. USAA (which only offers policies to military members, veterans and their families) has the lowest average premiums in Arkansas; State Farm and Southern Family Bureau also offer premiums that fall well below this figure.
Young, inexperienced drivers’ insurance rates can be costly. But if you can drive safely and maintain a clean driving record, your premiums could be significantly reduced. Novice drivers should take special care to abide by all traffic laws and speed limits in order to reduce their risk of an accident.
Before purchasing a new car, be sure to check with your lender to see if they require auto insurance. Furthermore, shopping around for policies with the best coverage options and limits available can reduce overall insurance costs.
Additionally, you should consider adding uninsured/underinsured motorist (UM/UIM) coverage to your policy. UM/UIM pays for property damage and injuries from accidents with people who either don’t have car insurance or don’t have enough coverage to cover all damages resulting from said incident.
Other coverage types include comprehensive and collision insurance, which shields your car against theft, vandalism, fire and other hazards. You may also add medical payments coverage to your policy in order to help cover any medical bills incurred by you or anyone else in the car.
MoneyGeek’s Arkansas Car Insurance Calculator is an efficient way to get an estimate for your car insurance costs in the state of Arkansas. All you need to do is enter some basic information and the calculator will give you a price within minutes!
In Arkansas, the most significant factor in determining your car insurance premiums is adding a teenager to your policy. Teen drivers tend to be riskier than older drivers and thus their premiums tend to be higher.