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Best cheap car insurance in Little Rock

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To find the best car insurance in Little Rock, Arkansas, consider Bankrate’s review of Geico, Nationwide, Progressive, State Farm and USAA. The company with the cheapest car insurance in Little Rock is USAA, according to our 2021 study of quoted annual premiums provided by Quadrant Information Services. You might find the cheapest car insurance companies in Little Rock may differ for you, as rates depend on personal factors and other variables.

The average cost of car insurance in Little Rock is $2,029 per year for full coverage, or around $169 per month. The average yearly rate for minimum coverage is $617. While minimum coverage policies typically offer the cheapest rates, insurance agents often recommend more robust coverage. Your insurance coverage limits protect your finances in the event of a costly collision, so in some cases, having higher coverage limits or additional coverage types may be the most affordable strategy in the long run.

Best cheap car insurance companies in Little Rock

In Little Rock, the best cheap car insurance companies may include USAA, Nationwide, State Farm, Progressive and Geico, according to Bankrate’s study of Quadrant rates. Our Bankrate Score is used to showcase the best and cheapest car insurance companies in Arkansas, with a maximum possible score of five points. This score encompasses third-party rankings for customer experience and satisfaction, company financial strength ratings, beneficial consumer features like mobile apps, coverage availability, discounts and quoted yearly premiums. Drivers can use these metrics to find the best cheap car insurance companies offering coverage in their ZIP code. Keep in mind that these rates reflect averages for this city and may not necessarily match average annual state rates for the best car insurance companies in Arkansas.

Insurance company Bankrate Score J.D. Power customer satisfaction score Average annual premium for full coverage Average annual premium for minimum coverage
USAA 5.0 897/1,000* $1,196 $361
Nationwide 4.4 798/1,000 $1,468 $447
State Farm 4.7 847/1,000 $1,473 $528
Progressive 4.4 837/1,000 $1,669 $529
Geico 4.7 845/1,000 $2,219 $492

*Not officially ranked by J.D. Power due to eligibility restrictions

USAA

Although USAA received the highest score in the J.D. Power Auto Insurance Study in the Central region, it is considered ineligible from official ranking as it restricts membership to current and retired military members and their immediate families. In addition to the highest Bankrate Score for Little Rock insurance providers, USAA also has the cheapest average car insurance rates for both minimum and full coverage. The carrier also has the most points in the 2021 Auto Claims Satisfaction Study, even though its mobile capabilities for claims are limited to reporting and reviewing an accident checklist.

Learn more: USAA Insurance review

Nationwide

Nationwide offers the next cheapest car insurance in Little Rock for full and minimum coverage, but it comes in last place for customer satisfaction in the Central region. It also comes in a few points lower-than-average in auto claims satisfaction, but Nationwide does allow you to track your claim progress online and via the mobile app. Nationwide also offers many ways to save on auto insurance, including its SmartRide program and pay-per-mile insurance options. Little Rock residents with clean driving records may be able to opt for accident forgiveness, which protects your rates for your first at-fault accident, although conditions may apply.

Learn more: Nationwide Insurance review

State Farm

Compared to Nationwide, State Farm has slightly higher premiums for minimum and full coverage, but places much higher in the Central region for overall satisfaction, according to J.D. Power. It also placed sixth (above-average for the industry) for claims satisfaction, contributing to its overall Bankrate Score. Although State Farm does not offer much more than standard coverage, it offers several ways to save, especially for teen drivers who participate in Steer Clear and those who get good grades.

Learn more: State Farm Insurance review

Progressive

Progressive’s average annual minimum coverage rates are just $1 more per year than State Farm, but the gap widens for full coverage rates. The provider comes in just below average in the Auto Insurance Study and is lower in the Auto Claims Study, as well. Still, the insurer has a lot to offer in optional coverages, such as custom parts coverage, gap insurance, rideshare coverage and a deductible savings bank. Drivers can also use the Name Your Price tool to see what coverages align with their budget for Little Rock car insurance.

Learn more: Progressive Insurance review

Geico

While Geico has the highest average annual rates for full coverage in Little Rock, it has the third-lowest minimum coverage rate, on average. This national insurer is just below average in the Central region for overall customer satisfaction but comes in above average in the Auto Claims Study. Geico offers the most extensive list of discounts of the carriers listed and is one of the few offering mechanical breakdown insurance for those with full coverage car insurance.

Learn more: Geico Insurance review

How to get and keep the cheapest car insurance in Little Rock

Little Rock drivers have a few ways to get and keep affordable rates for car insurance. By ensuring you (and other drivers on your policy) maintain clean driving records, you can likely take advantage of several discounts, including safe driving and bundling policies. Insurers also commonly reward safe driving habits with telematics programs and discounts for completing a defensive driving course. Here are some more ways to get and keep the cheapest rates for car insurance in Little Rock:

  • Know your requirements. Like other states, Arkansas has minimum car insurance limits you must purchase, or risk steep fines. Drivers can also add optional coverages that protect their budget if a costly collision were to occur, like rental reimbursement if you do not have access to another vehicle and commute to work or school. Knowing what your coverage necessities are and comparing quotes from multiple insurers who offer those coverage may help you get cheap rates for the financial protection you need.
  • Do regular coverage and insurance provider checks. Those who maintain clean driving records and regularly practice safe driving habits are more likely to get the cheapest rates. But reviewing your coverage and shopping for car insurance quotes regularly can also help ensure you are paying the best price. As your vehicle ages or your life circumstances change, re-evaluate your coverage options to see if there are changes you can make to get more affordable rates.

Frequently asked questions

What is the best car insurance company?

The best car insurance companies in Little Rock, according to Bankrate’s study, are USAA, Geico, Nationwide, Progressive and State Farm. However, you may find the best company for you is different. Personal and household factors like driver age, claims and driving history will affect how much you pay and if you can get affordable rates with these or other insurance providers.

How much car insurance do I need in Little Rock?

At the very least, you need the state minimum, listed as 25/50/25. This means having $25,000 per person and $50,000 per accident for bodily injury. Plus $25,000 per accident for property damage. Uninsured motorist, underinsured motorist, and PIP must also be offered but can be declined. Beyond the minimum liability, determining how much auto insurance you need involves several variables. Consider the Bankrate guide or speak with a licensed agent to help decide how much insurance is right for you.

How can I lower my car insurance rates in Little Rock?

In Little Rock, you can lower your car insurance rates in several ways. The easiest way is to shop for car insurance quotes with several insurance providers to see if you are getting the cheapest rates. Taking advantage of discounts, keeping a clean driving record and avoiding accidents and tickets will also help with affordable rates. Participating in telematics programs and pay-per-mile insurance if you do not drive much are other ways you might save.

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 coverage that meets 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 Score

Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.

To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.

While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.

Written by
Mandy Sleight
Insurance Contributor
Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products.
Edited by
Insurance Editor