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Arkansas Cheapest Car Insurance & Best Coverage Options

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Updated March 3rd, 2021

Checked by
Jaime Arias
Licensed Agent
Reviewed by
Jennifer Benson
Licensed Agent
Advertiser Disclosure: Some of the offers within the content are from companies where AutoInsureSavings.org may receive compensation. This does not influence our analysis of services or products. Our opinions are our own in good faith.

AutoInsureSavings.org team of licensed insurance agents found State Farm at $381 per year is the cheapest of all car insurance companies in Arkansas for minimum coverage auto policies.

Travelers Insurance at $1,514 annually is the cheapest car insurance company in Arkansas for full coverage policies.

Arkansas Car Insurance Rates

Choosing the right car insurance company can help you improve your level of coverage while you stay within your budget.

Cheapest Car Insurance in Arkansas - Quick Hits
AutoInsureSavings.orgThe cheapest Arkansas car insurance options are:

Cheapest for minimum coverage: State Farm
Cheapest for full coverage: Travelers Insurance
Cheapest after an at-fault accident: State Farm
Cheapest after a speeding ticket: Southern Farm Bureau
Cheapest after a DUI: Progressive
Cheapest for poor credit history: GEICO
Cheapest for young drivers: Southern Farm Bureau
For young drivers with a speeding violation: GEICO
For young drivers with an at-fault accident: Southern Farm Bureau

To help you save money and find the best deal on your car insurance premium in Arkansas, we have compared the best rates from several top companies in the auto insurance industry for various types of drivers.

Cheapest auto insurance in Arkansas with USAA, State Farm Insurance, and Progressive compared to average rates.

Cheapest Car Insurance in Arkansas for Minimum Coverage

Our agents found that State Farm offers the cheapest minimum coverage car insurance for Arkansas drivers with good driving records at $381 annually, which is 39% less expensive than the average cost for minimum liability from other car insurance companies in Arkansas at $615.

For non-active military members, Progressive is the next cheapest insurance option at $473 or a $39 monthly rate, which is 23% cheaper than the state average.  

CompanyAverage annual rateMonthly rate
USAA$340$28
State Farm$381$32
Progressive$473$39
Travelers$480$40
GEICO$483$40
Southern Farm Bureau$511$43
Farmers Insurance$659$55
Allstate$703$58
Liberty Mutual$716$60
Nationwide$799$66

*USAA is for qualified military members, their spouses, and direct family members. Rates may vary depending on driver profiles.

Arkansas drivers’ can purchase minimum liability requirements for less than $700 per year from several providers.

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While State Farm and Progressive are the cheapest options for many drivers, we also found that Travelers and GEICO are two good insurance carriers to consider based on our research for drivers who want to save the most money. 

Minimum liability policies are cheaper car insurance premiums, which exclude comprehensive and collision coverage, but AutoInsureSavings.org licensed agents recommend getting full coverage insurance in Arkansas since filing a claim with a minimum coverage auto insurance policy, you could pay out-of-pocket expenses

Cheapest Full Coverage Car Insurance for Drivers in Arkansas

We found that Travelers offers cheap full coverage insurance for Arkansas drivers with a $1,514 annual quote or 21% cheaper than the average rate. 

State Farm is the next best option at $1,613 per year or 16% less expensive than Arkansas’ average $1,911 insurance rate. 

InsurerAnnual costMonthly cost
Travelers$1,514$126
State Farm$1,613$134
Southern Farm Bureau$1,765$147
Arkansas average$1,911$159

*USAA is for qualified military personnel, their spouses, and direct family members. Rates may vary depending on driver profiles and zip codes.

The average driver in Arkansas paying for full coverage insurance is $1,911 or $159 per month. Drivers can find cheaper auto policies by comparing top car insurance providers’ rates like those listed here.

Cheapest Car Insurance For Drivers in Arkansas with a Speeding Ticket

Our licensed agents found Southern Farm Bureau offers the cheapest auto insurance rates for Arkansas drivers with a speeding violation at $1,833 per year or a $152 monthly rate.

And State Farm’s quote at $1,927 per year is 19% lower than average, making them the next cheapest option for Arkansas drivers.

InsurerAnnual costMonthly cost
Southern Farm Bureau$1,833$152
State Farm$1,927$160
GEICO$2,041$170
Arkansas average$2,370$197

Insurance companies in Arkansas use traffic tickets to assess risk; having points on your driving record indicates you are riskier to the insurer than drivers with a clean record.

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According to the Arkansas Department of Finance (DFA), if you receive fourteen or more points within 36 months, you will receive a notice of a driver’s license suspension with a loss of driving privileges.

Cheapest Car Insurance for Drivers in Arkansas with a Car Accident

State Farm offers the most affordable rates for drivers with a recent at-fault accident in Arkansas, with annual premiums as low as $2,157. That is $722 less than the average amount drivers pay ($2,879) for coverage in Arkansas.

InsurerAnnual costMonthly cost
State Farm$2,157$179
GEICO$2,380$198
Liberty Mutual$2,641$220
Arkansas average$2,879$240

State Farm, GEICO, and Liberty Mutual are insurance companies that offer lower than average rates for many drivers in Arkansas who have an accident on their record.

According to the Arkansas Insurance Department, a car accident will remain on your motor vehicle record for three years, along with an average insurance rate increase of 30%.  

Cheapest Car Insurance For Drivers in Arkansas With a DUI

Progressive offers the cheapest insurance rates in Arkansas for drivers with a DUI in their driver history at $2,378 per year. The average rate for drivers with a DUI in Arkansas is $3,523, and Progressive offers savings of $1,145 per year.

InsurerAnnual costMonthly cost
Progressive$2,378$198
State Farm$2,519$209
Southern Farm Bureau$3,131$260
Arkansas average$3,523$293

A DUI driver can expect to see their insurance rate increase by as much as 46%. That is why it is essential to find a car insurance provider that offers the most affordable rates.

Cheapest Car Insurance for Drivers in Arkansas with Poor Credit

GEICO offers the cheapest auto insurance rates for drivers who have a poor credit history in Arkansas. Their lowest rates are $1,911 per year.

State Farm is another inexpensive option with a $2,017 annual rate or 16% lower than the state $2,360 average rate.

InsurerAnnual costMonthly cost
GEICO$1,911$159
State Farm$2,017$168
Nationwide$2,234$186
Arkansas average$2,360$196

Those who have bad credit in Arkansas may see that their insurance rates are higher than average. For most people, bad credit rates are 60% than those with good credit scores, according to Insurance Information Institute. Make sure to pay your bills and credit cards on time to save money on your Arkansas auto insurance premium.  

Cheapest Car Insurance for Young Drivers in Arkansas

Southern Farm Bureau offers the cheapest rates for young drivers with good driving records, with an average premium of $3,121 per year for full coverage car insurance.

Southern Farm Bureau also offers less than average costs for minimum coverage at $1,214 per year.

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For young drivers’ state minimum coverage, State Farm offers cheap auto insurance rates at $1,345 per year or 37% less expensive than other car insurance companies in Arkansas.

InsurerFull coverageMinimum coverage
USAA$2,477$1,036
Southern Farm Bureau$3,121$1,214
State Farm$3,658$1,345
GEICO$4,111$1,670
Travelers$4,761$1,925
Farmers$5,354$2,230
Progressive$5,873$2,413
Nationwide$6,321$2,981
Allstate$8,320$2,121
Arkansas average$6,589$2,115

*USAA is for qualified military members, their spouses, and direct family members. Rates may vary depending on driver profiles.

Young or teen driver that needs coverage in Arkansas can save more by comparing auto insurance costs like those shown above. Drivers who choose Southern Farm Bureau can save as much a 53% on their car insurance premiums, which can be substantial savings for young drivers and their parents.

Cheapest Car Insurance for Young Drivers with a Speeding Ticket

During our comparison shopping study, our agents found young drivers needing coverage in Arkansas with traffic violations on their driving record can get cheaper insurance rates with GEICO at $4,111 per year or $342 monthly rate, which is 40% less expensive than the average.

InsurerAnnual costMonthly cost
GEICO$4,111$342
Southern Farm Bureau$4,314$359
State Farm$4,672$389
Arkansas average$6,811$567

Cheapest Car Insurance for Young Drivers with a Car Accident

Young Arkansas drivers with an at-fault car accident on their driving record can find the cheapest full coverage auto insurance quotes with Southern Farm Bureau, which provided us a quote at $4,314 per year or 48% lower than a similar driver profile rate.

InsurerAnnual costMonthly cost
Southern Farm Bureau$4,314$359
GEICO$4,866$405
State Farm$4,918$409
Arkansas average$7,430$619

Best Auto Insurance Companies in Arkansas

Several great insurance companies to choose from coverage in Arkansas based on their price, customer service and support, and coverage level.

ValuePenguin did a survey and found the overall best car insurance company is USAA, with high marks from current policyholders. If you are not eligible for USAA, the next best options are Nationwide and Progressive based on customer service. 

Auto Insurer% extremely satisfied with recent claim% reporting excellent customer service
USAA79%63%
Nationwide78%56%
Progressive75%34%
State Farm74%45%
Allstate74%46%
Farmers70%35%
GEICO66%41%
Southern Farm Bureaun/an/a

AutoInsureSavings.org team of licensed insurance agents compared complaints by each auto insurer using the National Association of Insurance Commissioners complaint index.

Using the complaint index (best ratio of complaints to market share) from NAIC, the best car insurers are Southern Farm Bureau and Farmers Insurance.

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Using J.D. Power’s claims satisfaction survey and A.M. Best’s financial strength ratings, the best insurance providers are USAA and State Farm.  

InsurerNAIC Complaint IndexJ.D. Power claims satisfactionAM Best rating
Southern Farm Bureau0.27n/aA+
Farmers0.49872A
Shelter Mutual0.51n/aA
GEICO0.57871A++
Nationwide0.64876A+
State Farm0.66881A++
Progressive0.67856A+
USAA0.68890A++
Allstate0.71876A+

Average Cost of Car Insurance by City in Arkansas

Auto insurers use your zip code and many factors to determine your Arkansas car insurance costs, as well as your credit score, marital status, and past driving history. The average cost of insurance for drivers in Arkansas is $1,911 per year or $159 per month. During our comparison shopping study, we found the cheapest insurers by city. 

Cheapest Car Insurance in Little Rock, AR

Little Rock drivers can shop around and get the cheapest insurance coverage from Travelers, which provided our agents a $1,713 rate per year for a full coverage auto policy. Travelers’ rate is 24% lower than average.

Little Rock CompanyAverage Premium
Travelers$1,713
Farm Bureau$1,798
Liberty Mutual$2,041
Little Rock average$2,244

Cheapest Car Insurance in Fort Smith, AR

Drivers living in Fort Smith with a clean driving history can find the least expensive coverage rate with Farm Bureau at $1,668 per year for full coverage for a 30-year-old driver.

Fort Smith CompanyAverage Premium
Farm Bureau$1,668
State Farm$1,815
Progressive$1,933
Fort Smith average$2,230

Cheapest Car Insurance in Fayetteville, AR

We found the least expensive auto insurance quotes in Fayetteville come from State Farm or 29% lower with a $1,571 quote per year

Fayetteville CompanyAverage Premium
State Farm$1,571
GEICO$1,649
Farm Bureau$1,670
Fayetteville average$2,187

Cheapest Car Insurance in Springdale, AR

To find Springdale’s best coverage rates, our agents recommend GEICO Insurance with a quote at $1,590 for our sample 30-year-old driver. GEICO’s rate is 28% cheaper than Springdale’s average.

Springdale companyAverage Premium
GEICO$1,590
Progressive$1,616
Nationwide$1,854
Springdale average$2,204

Cheapest Car Insurance in Jonesboro, AR

In Jonesboro, drivers with clean records can get cheap auto insurance with Travelers, who provided us a quote at $1,603 per year for a 30-year-old sample driver.

Jonesboro companyAverage Premium
Travelers$1,603
GEICO$1,727
Progressive$1,800
Jonesboro average$2,219

Cheapest Car Insurance in North Little Rock

North Little Rock residents needing the cheapest auto coverage for a car should get quotes from Travelers, who provided AutoInsureSavings.org agents a rate at $1,582 per year or 29% lower than average. 

North Little Rock companyAverage Premium
Travelers$1,582
GEICO$1,657
State Farm$1,703
North Little Rock average$2,200

Cheapest Car Insurance in Hot Springs, AR

Hot Springs cheapest auto insurance is with GEICO, who provided us a quote at $1,520 per year for a 30-year-old driver with full coverage. GEICO’s rate is 21% less expensive than the average Hot Springs rate.

Hot Springs companyAverage Premium
GEICO$1,520
Farm Bureau$1,527
State Farm$1,613
Hot Springs average$1,906

Average Cost of Insurance for All Cities in Arkansas

CityAnnual Premium CostCityAnnual Premium Cost
Little Rock$2,244Pottsville$2,032
Fort Smith$2,230Alexander$1,890
Fayetteville$2,187Elkins$1,874
Springdale$2,204Corning$1,906
Jonesboro$2,219DeWitt$1,929
Rogers$2,196Atkins$1,922
Conway$2,082Prescott$1,978
North Little Rock$2,200Leachville$2,012
Bentonville$1,998Bald Knob$1,981
Pine Bluff$2,165Mountain View$1,898
Hot Springs$1,906Dermott$2,032
Benton$2,177North Crossett$1,874
Sherwood$1,890Harrisburg$1,922
Texarkana$2,134Little Flock$2,012
Russellville$2,161Brinkley$2,107
Paragould$1,922England$2,012
Bella Vista$1,964Green Forest$2,109
Jacksonville$2,060Hamburg$1,890
Cabot$2,118Bethel Heights$2,119
West Memphis$1,898Hoxie$1,922
Searcy$1,874West Fork$1,906
Van Buren$2,112Goshen$1,981
Bryant$2,087Horseshoe Bend$1,939
Maumelle$2,066Charleston$1,890
El Dorado$2,032Gurdon$2,100
Siloam Springs$1,906Gassville$1,964
Hot Springs Village$1,939Clinton$2,041
Forrest City$1,981Lavaca$1,874
Centerton$1,906Huntsville$1,922
Blytheville$2,022Bono$2,012
Harrison$2,084Lake City$1,967
Marion$1,890Lincoln$1,898
Mountain Home$1,922Prairie Creek$1,939
Magnolia$2,066Elm Springs$2,032
Camden$2,047Holiday Island$1,922
Malvern$1,939Calico Rock$1,890
Helena$1,964Marked Tree$2,012
Batesville$1,981Lake Village$2,022
Arkadelphia$1,874Carlisle$2,066
Hope$2,063Bull Shoals$2,041
Clarksville$2,022Cave City$1,898
Monticello$1,939Lake Hamilton$1,906
Greenwood$1,922Fairfield Bay$1,890
Lowell$2,032Danville$1,964
Stuttgart$2,012Augusta$1,874
Beebe$2,112Earle$2,032
Wynne$2,022Eudora$2,066
Newport$1,898Dover$1,922
Trumann$1,906Tuckerman$2,041
Heber Springs$1,890Salem$1,981
Farmington$1,964Judsonia$2,012
Osceola$2,066Mayflower$2,063
Morrilton$1,874Melbourne$1,916
De Queen$2,032Lamar$1,898
Pocahontas$2,106Glenwood$1,890
East End$2,063Salem CDP$1,941
Prairie Grove$1,981Eureka Springs$1,960
Alma$2,032Rector$2,066
Pea Ridge$1,906Murfreesboro$2,032
Warren$2,117Bay$2,026
Mena$1,941McAlmont$2,063
Greenbrier$1,916Decatur$1,874
Berryville$1,890Stamps$1,960
Walnut Ridge$2,041Lepanto$1,906
White Hall$1,898Wrightsville$2,012
Ward$2,026McCrory$2,066
Gibson$1,981Kensett$1,890
Cherokee Village$2,065Smackover$1,941
Crossett$2,119Monette$1,987
Barling$2,016Greenland$2,041
Sheridan$1,906Star City$2,026
Rockwell$2,063Marshall$1,996
Dardanelle$1,874Redfield$2,066
Haskell$1,960Mulberry$1,898
Piney$1,941Des Arc$2,032
Vilonia$1,890Hampton$1,916
Nashville$2,064Clarendon$1,906
Ashdown$2,026Flippin$2,012
Cave Springs$2,073Perryville$2,041
Lonoke$1,987Mansfield$1,874
Dumas$2,032Hazen$1,916
Southside$1,898Diaz$1,960
Gentry$2,026Cedarville$2,072
Fordyce$1,906Rison$1,987
Booneville$2,066Hughes$2,032
Shannon Hills$2,012Coal Hill$2,041
McGehee$2,078Marvell$2,068
Johnson$1,874Marmaduke$1,941
Tontitown$2,069Waldo$1,906
Ozark$1,960Avilla$1,890
Piggott$2,032Ola$1,898
Marianna$1,916Sulphur Springs CDP$2,041
Landmark$1,874Wooster$2,026
Paris$1,987West Crossett$2,012
Waldron$1,998Yellville$2,032
Gravette$1,890Ash Flat$1,960
Manila$1,906Kibler$1,898
Austin$1,941Mineral Springs$1,916
Brookland$2,032Midway$1,906
Gosnell$1,898Mount Ida$1,874

Minimum Requirements for Arkansas Car Insurance

Arkansas drivers must have a minimum amount of liability coverage in their auto insurance policies to follow car insurance laws. Below are the minimum coverage limits. 

Liability coverageMinimum coverage
Bodily injury liability insurance$25,000 per person / $50,000 per accident
Property damage liability insurance$25,000 per person

AutoInsureSavings.org licensed agents recommend getting higher liability limits of bodily injury liability and property damage liability coverage to cover your assets in the event of an auto accident. 

Our agents recommend most motorists carry collision, comprehensive coverage, and uninsured motorist coverage in their Arkansas policies to make sure they have the best financial protection to protect their motor vehicle and assets.  

Frequently Asked Questions

Who has the Cheapest Auto Insurance For Arkansas Drivers?

State Farm for minimum coverage. The company offers some of the best insurance industry rates, with a $381 annual rate for a 30-year-old driver. Progressive ($473) and Travelers ($480) are the two other best options for all drivers needing coverage in Arkansas. The average cost of auto insurance in Arkansas is $615 per year for state minimum coverage. 

Because insurance rates are based on various factors, it is best to compare multiple providers’ rates to determine who has the cheapest coverage in Arkansas for you.

How Much is Car Insurance in Arkansas per Month?

The average rate for car insurance in Arkansas is $159 per month for a driver who is 30 years old and has full coverage. That is $1,911 annually. Here are some totals for the average monthly rate of car insurance for drivers in Arkansas. Travelers: $126 per month, State Farm: $135, and Farm Bureau: $147 per month.

How Much Is Full Coverage Car Insurance in Arkansas?

The average amount for full coverage insurance in Arkansas is $159 monthly. Here are a few more average rates for different types of drivers. Drivers with an accident: $2,879 per year; with a speeding violation: $2,370 per year; with a DUI: $3,523 per year; and drivers with poor credit: $2,360 per year.

How do I Save on Auto Insurance in Arkansas?

There are several things drivers in Arkansas can do to save money on their car insurance costs. We suggest asking your insurance agent about any car insurance discounts you may be eligible for. If you are looking for a new provider, it is best to find one that offers plenty of discounts to help you save even more. Consider telematics, such as Travelers Intellidrive, where you could save as much as 30% on your auto insurance premium at renewal. 

The car you drive also plays a significant role in your rates, driving history, and credit rating. Therefore, practicing safe driving tactics, maintain good driving records, and keeping a close eye on your credit report can lower your car insurance rates.

To learn more about your best car insurance options in Arkansas, get expert advice at AutoInsureSavings.org. Our licensed professionals will help you find the best answer to any questions you have.

Methodology

AutoInsureSavings.org collects hundreds of quotes in zip codes across Arkansas from the largest insurance companies via Quadrant Information Services. Our sample driver profile is a 30-year-old driving a 2018 Honda Accord with good credit. We used a full coverage auto insurance policy unless otherwise stated with the following coverage limits:

Coverage typeStudy limits
Bodily liability$50,000 per person/$100,000 per accident
Property damage$25,000 per accident
Personal injury protection$10,000
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

When AutoInsureSavings.org quotes a driver with a minimum coverage policy, we used the minimum liability limits per Arkansas insurance regulations. We used credit score, marital status, driving history, and accident history for other rate analyses. We used insurance rate data from Quadrant Information Services, which are publicly available for comparative purposes only. Your rates may vary when you get quotes.

Sources

– Insurance Information Institute. “Auto Rate Setting.”
– National Association of Insurance Commissioners. “Market Share Reports for Property/Casualty Groups and Insurance Companies.”
– Arkansas Insurance Department. “Mandatory Coverage in Arkansas.”
– Arkansas Department of Finance. “Safety Responsibility.
– Centers for Disease Control and Prevention. “Motor Vehicle Safety.”

Jaime Arias

Jaime Arias

Jaime Arias is a licensed insurance agent, co-owner, and editor of AutoInsureSavings.org with a family history in developing insurance businesses. Also, he has a mechanical engineering degree and a master's of business administration (MBA) from Harvard University. Jaime has experience in digital marketing, directing marketing methods online for businesses in the insurance industry.

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