Arkansas drivers typically pay an estimated average premium of $1,098 annually for full coverage car insurance policies, though the exact amount depends on several variables such as your age, coverage level and driving record. Our car insurance calculator can give more accurate estimates.
Arkansas drivers must carry at least $25,000/$50K of bodily injury liability coverage per person/accident as well as $25,000 property damage liability coverage; many drivers opt to purchase more than the required minimum to protect themselves financially in case of an accident. Liability coverage also covers costs related to injuries sustained in accidents regardless of who was at fault, so additional coverage could help provide financial security should an accident occur.
When shopping for car insurance in Arkansas, it’s essential to compare multiple quotes. Rates differ significantly depending on where you live as each city has different crime and traffic rates that influence costs. Furthermore, insurance companies use your personal information to create a profile which ultimately affects premium costs; keeping a clean driving record and good credit standing are great ways to enhance this profile and lower premium prices.
If you have an at-fault accident on your driving record, this could have an impact on Arkansas car insurance prices. Being considered high-risk may even increase premiums by up to $970 annually in Arkansas – just one incident could make your premiums skyrocket!
An Arkansas DUI or DWI conviction will increase your car insurance costs significantly, so it is wise to shop around and compare quotes from multiple insurers before making your decision. Some may offer rates 40% lower than the statewide average; others could charge even more.
Not only should drivers carry liability coverage, but it is advisable for most to also purchase comprehensive and collision coverage for their car. These additional policies will pay for repairs or replacement in the event of an accident and could potentially include uninsured/underinsured motorist coverage to compensate if injured by someone who does not have enough coverage.
Arkansas car insurance customers have several ways of saving money, including increasing your deductible or bundling policies together. You may also reduce your annual rate by paying upfront rather than monthly and by installing safety features in their cars. Furthermore, try not to incur tickets or cause accidents which will increase premiums; and weigh ownership against leasing before making your final decision on an expensive new or used vehicle purchase decision.