Best car insurance in Arkansas for 2021

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Arkansas is home to more than 2.1 million licensed drivers and state law requires each of them to carry auto insurance. The average cost of car insurance in Arkansas is $470 for minimum coverage and $1,914 for full coverage, according to Bankrate’s 2021 study of quoted annual premiums. USAA earns the highest Bankrate Score on our list and offers the cheapest car insurance in Arkansas, at $1,179 per year for full coverage on average. However, price may not be your only consideration.

To find the best car insurance in Arkansas, you may want to consider important factors such as mobile app experience, customer service and available discounts. To make the process easier for you, Bankrate’s insurance editorial team analyzed the best car insurance companies in Arkansas to bring you the top five picks for your consideration.

Best car insurance companies in Arkansas

We used our 2021 study of quoted annual premiums to find you some of the most well-rounded policies in the area. To find you the best car insurance companies in Arkansas, Bankrate referenced the 2021 J.D. Power U.S. Auto Insurance Study, which measures customer satisfaction in several regions of the U.S. We also calculated an individualized Bankrate Score that rates companies across the following categories: average premiums, third-party rankings and our team’s qualitative assessment of each carrier’s coverages, discounts and availability. This diversified process allows us to narrow down the best auto insurance in Arkansas for your lifestyle that is worth considering.

Car insurance company Bankrate Score Average annual full coverage premium J.D. Power customer satisfaction score
USAA* 4.7 $1,142 897/1,000
State Farm 4.4 $1,281 847/1,000
Progressive 4.1 $1,492 837/1,000
Liberty Mutual* 3.9 N/A 825/1,000
Allstate 3.6 $3,039 826/1,000

*Quadrant Information Services rates for Liberty Mutual are not currently available
*USAA is technically rank-eligible in the J.D. power study

USAA

USAA is regularly the highest-scored auto insurer, including in Arkansas, though it is considered rank-ineligible due to membership requirements. However, on our list, it ranks first due to its 4.7 out of 5 points Bankrate Score. Many customers appreciate the level of service delivered for an affordable cost. You must be an active or retired military member or an immediate family member to qualify for USAA car insurance.

Learn more: USAA Insurance review

State Farm

With above-average customer satisfaction scores, State Farm also offers affordable rates with excellent mobile tools to help you manage your policy. In addition to standard liability coverage, State Farm also offers emergency roadside assistance and rental car coverage. Discounts are plentiful so consider checking out what kind of savings may apply to your car insurance policy.

Learn more: State Farm Insurance review

Progressive

Progressive earns high J.D. Power customer satisfaction marks and a high overall Bankrate Score. The company is one of the largest auto insurers in the country and with size comes the resources to offer significant discounts. Progressive delivers competitive deals for owning your own home, driving safely and switching from another provider.

Learn more: Progressive Insurance review

Liberty Mutual

Liberty Mutual stands out from competitors for its unique offerings. The company offers gap insurance, roadside assistance, new car replacement, accident forgiveness and rental car replacement. Liberty Mutual also provides excellent discounts to homeowners, drivers who serve in the military and good students. If you drive an energy-efficient vehicle, hold multiple policies or enroll in autopay, you may qualify for additional savings.

Learn more: Liberty Mutual Insurance review

Average cost of car insurance in Arkansas

The average cost of car insurance in Arkansas is $470 per year for minimum liability insurance. Compared to the rest of the states in which Bankrate gathered average rates, Arkansas falls in the middle for auto insurance prices. The average cost of car insurance in Arkansas is $1,914 for a full coverage policy.

Average annual premium for minimum coverage in Arkansas Average annual premium for full coverage in Arkansas
$470 $1,914

State minimum insurance requirements in Arkansas

Car insurance requirements, just like car insurance prices, vary state by state. Arkansas requires all drivers in the state carry at least 25/50/25 coverage. That means your coverage must include at least:

  • $25,000 for bodily injury liability per person
  • $50,000 for bodily injury liability per accident
  • $25,000 for property damage liability per accident

Car insurance companies in Arkansas are required to offer customers personal injury protection, which comes in three parts: lost wages, death benefits and medical payments. If you decide to forgo each part of this coverage, you must decline it in writing. Similarly, uninsured motorist coverage is automatically offered, but may be declined in writing.

While Arkansas requires drivers to hold at least minimum liability coverage, many drivers may need to carry more insurance for their lifestyle. For example, drivers with a lease are often required to purchase full coverage by their lienholder. To determine how much coverage you need, you may want to check out current offerings from the best car insurance companies in Arkansas.

How to get the best car insurance in Arkansas

Many car insurance companies offer coverage in Arkansas, but not all of them will be the best bet for your Arkansas car insurance policy. These are some things to consider before you choose a provider:

  • Evaluate your needs: A good rule of thumb is to compare several car insurance Arkansas providers. Along with the price, see who offers you the most protection for the best price. Features could include gap insurance and roadside assistance. You may also consider factors like your driving history. If you have had accidents, some providers might have more favorable policies than others. If you have teenagers, you might want to pick a provider that has a safe driving program for teens.
  • Consider state factors: Arkansas drivers must carry insurance that includes bodily injury of up to $50,000 per accident and $25,000 per person with property damage liability of $25,000 per accident. This protects you in the event an accident causes damage to another person’s property such as their automobile. Consider the weather where you are to decide if you need comprehensive coverage.

Car insurance discounts in Arkansas

When searching for the best cheap car insurance in Arkansas, it may be helpful to look into competitive discounts offered in your area.

Arkansas insurance companies offer great discounts for:

  • Taking defensive driving courses: Companies that offer car insurance in Arkansas may offer a discount to customers over the age of 55 who have participated in an accident prevention course approved by the Department of Motor Vehicles.
  • Telematics: If your driving history includes past accidents and tickets, some providers offer a device that tracks your driving in real-time and offer discounts to customers who drive safely.
  • Good students: Car insurance for young people can be pricey. Luckily, most car insurance providers offer discounts to students who earn grades of B or higher in school.
  • Bundling policies: If you hold policies for life or homeowners insurance, you may be able to group them with your car insurance and pay a lower price.
  • Good driving record: Insurance carriers often offer discounts to customers with a clean driving record, since good drivers are less likely to file a claim.
  • Insuring multiple vehicles: If you own more than one car, you may want to look into discounts for insuring multiple vehicles.

Customers may see the most significant decrease in their premium by using discounts for safe drivers, drivers who bundle their insurance plans, low-mileage customers and drivers with new or safe vehicles, such as cars equipped with anti-lock brakes. Of course, certain occupations such as teachers and military personnel could benefit from impactful discounts as well. With so many different options, you may want to find out which discounts would apply to you before choosing a provider.

Frequently asked questions

What information is required to get car insurance in Arkansas?

You will need basic information such as your name, address, Social Security Number and birth date. Additionally, you will need to supply vehicle details such as how many miles you drive, the purpose for driving and whether you have been involved in any accidents or have had violations such as speeding tickets or DUIs.

Should I get minimum coverage only?

Minimum coverage is often an inexpensive way to have the financial protection needed. However, you might be liable for the remaining balance for accidents that exceed your coverage limit.

How do I determine which provider is right for me?

Along with costs, consider the reputation of the provider. What are customer reviews of the company? How long does it take to process claims? All of these indicators help illustrate whether the company provides the level of service you desire.

What do the best car insurance in Arkansas have in common?

When comparison shopping, the best car insurance companies in Arkansas will likely have good customer reviews either directly on its site or on other independent review websites. In addition, many top providers offer a variety of discounts so that drivers may save money on their premiums.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our base profile drivers own a 2019 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.

Bankrate Scores

Bankrate Scores primarily reflect a weighted rank of industry standard ratings for financial strength (AM Best, S&P, Moody’s) and customer experience (J.D. Power, NAIC), in addition to average quoted rates from Quadrant Information Services. The J.D. Power studies utilized include the 2020 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team’s extensive research and analysis provided a secondary assessment of each insurer’s online and mobile resources and policy management options, which also contributed to overall ratings.

Written by
Lizzie Nealon
Insurance Writer
Lizzie Nealon is an insurance writer for Bankrate. Her favorite part of the job is making home, auto and life insurance digestible for readers so they can prepare for the future.
Edited by
Insurance Editor