Best car insurance in Arkansas for 2023

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.

There is no one single best car insurance company for all drivers, because every driver has a different situation and has different wants and needs. Getting quotes from several providers may help you decide what company offers the best coverage options, discounts and policy features for you.

The cheapest car insurance for one driver may not be the same as for another. While we’ve compiled and compared average rates between companies, the exact numbers will differ between drivers based on variables like your age, vehicle, driving record, credit history and more. To find the cheapest Arkansas car insurance company for you, most experts recommend pulling free quotes from several top companies and comparing their offers. Keep in mind that you'll likely want to select the same types and amounts of coverage in each quote to get an accurate picture of rates across companies.

To get a car insurance quote, you will need some basic information such as your name, address, driver’s license number and birth date. You may also need your Social Security number. Additionally, you will need to provide the vehicle identification number (VIN) of each vehicle you want to insure, as well as the name, date of birth and driver's license number for each driver in your household.

Arkansas requires that all drivers carry at least minimum coverage car insurance. In Arkansas, minimum coverage is denoted as 25/50/25. This means drivers need $25,000 in bodily injury liability per person, $50,000 in bodily injury liability per accident, and $25,000 in property damage liability per accident. While these limits meet the legal requirements, most insurance professionals recommend carrying higher coverage limits and additional coverage types if you can afford to do so for enhanced financial protection.