Average cost of car insurance in Arkansas in 2023

How much is car insurance in Arkansas?

The average amount drivers pay for car insurance across the United States is $622 for minimum coverage and $2,014 for full coverage, which means that Arkansas is cheaper on average across the board. The differences in cost can come from several factors that impact rates. Location, including average frequency of auto accidents, local costs of repairs, average car value, your personal driving profile and more can all factor into how much your car insurance might cost.

Arkansas car insurance rates by city

Where you live in Arkansas can have an effect on the car insurance premium you pay. Below are some average rates in the most populated cities in the state so you can see how average rates in these locations stack up against the state average premium for full coverage. Rates can vary between cities for several reasons. The local costs of repairs—whether parts and mechanics are widely available for competitive rates—can have a significant impact. How expensive other vehicles in the area are, how frequently auto accidents occur and things like the rates of theft and vandalism can all impact rate differences between locations. Personal factors like the type of vehicle, your age, driving record and more will also contribute to your rates in any location.

Average car insurance rates by age and gender in Arkansas

Like other states, one of the most significant factors that influence Arkansas auto insurance rates is a driver's age. Drivers under 25 typically pay the highest rates, with 18-year-olds having the highest average rates by age. As in most states, males face higher average premiums than females. This rate difference is often tied to males having higher rates of auto accidents, traffic violations and claims filing. Still, there are other factors that can drastically change these premiums even if you're an older driver—for example, having a poor driving record or a costly car.

Cost considerations for young drivers in Arkansas

Since younger drivers tend to pay the most for car insurance, you may be interested to see how much car insurance costs by age, up until the age of 20, in Arkansas. It’s worth noting that drivers aged 18-20 may see significant savings by staying on their parents’ car insurance if possible, rather than purchasing their own policy (drivers under 18 cannot purchase their own policy).

*16- and 17-year-old drivers must be on their parents' or legal guardian’s policy.

How does driving record impact the cost of car insurance in Arkansas?

Car insurance rates in Arkansas, like anywhere, are heavily influenced by your driving record. A speeding ticket, accident or DUI on your record can drive premiums up quickly. Although we've included average rates for a DUI, not all companies will provide coverage to drivers with a DUI on their record. It's important to note that the rates below show the average increase after just a single instance; count on your premiums to rise exponentially if you have multiple offenses within a certain amount of time (often 3-5 years; longer if you have had multiple DUIs).

Below you can see how average rates in Arkansas compare between a clean driving record and one with different violations.

Car insurance rates in Arkansas by credit score

Arkansas is one of the many states that allow insurers to use credit-based insurance scores as part of their rate calculations. In general, better credit scores contribute to lower premiums, while worse credit scores lead to higher premiums. For example, in Arkansas, a poor credit rating correlates to an average increase of 102 percent in full coverage premiums over the state average—a higher average increase than a DUI conviction. On the other end of that range, having an excellent credit rating in Arkansas is correlated with an average reduction of 16 percent in full coverage premiums.

Arkansas car insurance rates by vehicle type

Another significant factor that affects your auto insurance premiums is the make and model of your vehicle. Some cars are more expensive to replace or repair than others, and this factors into how expensive a vehicle is to insure. Generally, the more expensive a vehicle is to buy, the more expensive auto insurance rates are likely to be on it, although this isn’t always the case.

How to save on car insurance in Arkansas

Average car insurance rates in Arkansas are not a given. Not only will your unique circumstances affect your premium to begin with, but you can also take several steps to help lower your car insurance costs, including:

• Shop around: Car insurance rates are different from one provider to the next, and getting a cheaper premium may be as simple as switching carriers. Get quotes from several providers in your area to see which company is right for you.
• Compare discounts: The amount you’ll save with discounts varies from one company to the next. Though two companies may offer the same ways to save, you may save more with one in particular. To determine how much you can save with a carrier, you may want to speak with an agent rather than hunt for available discounts online.
• Increase deductible: Increasing your deductible means you’ll pay less each month for the same policy. The drawback is that the insurance company will pay out less money towards a claim, so it’s important to choose a deductible amount that suits your comfort level and budget.
• Increase your credit score: It’s legal in Arkansas for car insurance companies to use your credit information to calculate an insurance score that affects your premium. Studies have shown that drivers with low credit scores are statistically more likely to file a claim than those with strong scores. Therefore, if you increase your credit score, your premium may go down.

Estimate your car insurance cost in Arkansas

Frequently asked questions