Best & Cheapest Car Insurance in Arkansas as Rated by Customers in 2021
Finding the right car insurance company for you and your insurance needs can be difficult. While you’re shopping around, looking for the best in terms of an Arkansas car insurance company, Clearsurance customer reviews can help you decide which company is right for you.
Our hope at Clearsurance is to help you better understand how a company performs before you even purchase a policy, so you can select the best auto insurance in Arkansas. With thousands of car insurance reviews from unbiased policyholders, we have reviews and rankings for hundreds of car insurance companies so you can evaluate and compare the best in terms of Arkansas car insurance companies.
In the table above, you can sort through all the Arkansas car insurance companies ranked on Clearsurance. The rating next to each company — the insurer’s Clearsurance score — is based exclusively on the ratings provided by customers.
Note: Only those companies with at least 25 car insurance reviews are eligible to appear in the best Arkansas car insurance rankings.
Interested in learning more about one of these Arkansas car insurance companies? You can visit the company’s profile page to find out what additional coverages they offer, any discounts they offer and read car insurance reviews to learn from the experiences of other policyholders.
On this page:
- Who offers the cheapest teen car insurance rates in Arkansas?
- Who offers the cheapest car insurance rates for a married couple in Arkansas?
- Who offers the cheapest senior car insurance rates in Arkansas?
- 10 Cheapest areas in Arkansas for car insurance
- 10 Most expensive areas in Arkansas for car insurance
- Minimum car insurance coverage and limits in Arkansas
- Arkansas’s uninsured motorists percentage
Who offers the cheapest teen car insurance rates in Arkansas?
For female teen drivers in Arkansas, State Farm offers slightly cheaper car insurance rates than Southern Farm Bureau. However, for male teen drivers, Southern Farm Bureau offers the cheapest car insurance rates among the five largest auto insurance companies in Arkansas.
| Company | Female teen rates | Male teen rates |
|---|---|---|
| Allstate Insurance | $1,852 | $2,315 |
| Farmers Insurance Group | $2,944 | $3,205 |
| Shelter Mutual Insurance Company | $1,502 | $1,614 |
| Southern Farm Bureau Casualty Insurance | $1,081 | $1,065 |
| State Farm Insurance Company | $1,069 | $1,259 |
These rates are based on profiles for 18-year-old male and female drivers in Arkansas. The car used was a 2015 Honda Civic EX. We used the minimum car insurance state limits. The rates displayed should only be used for comparative purposes as individual rates in Arkansas will differ. Rate data is provided by Quadrant Information Services.
Who offers the cheapest car insurance rates for a married couple in Arkansas?
Hopefully this doesn't come as too much of a surprise, but your marital status can dictate how much you spend monthly on your auto policy payments. Southern Farm Bureau offers the cheapest car insurance rates for married couples in Arkansas when compared to the other largest auto insurers in the state by market share.
| Company | Married couple rates |
|---|---|
| Allstate Insurance | $1,944 |
| Farmers Insurance Group | $1,902 |
| Shelter Mutual Insurance Company | $3,474 |
| Southern Farm Bureau Casualty Insurance | $1,543 |
| State Farm Insurance Company | $1,878 |
These rates are based on a 35-year-old married couple with two drivers and two vehicles on a policy. The cars used were two 2015 Toyota Highlander LEs. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had 1 driving incident within the past 3 years and they both have a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Arkansas will differ. Rate data is provided by Quadrant Information Services.
Who offers the cheapest senior car insurance rates in Arkansas?
For senior drivers looking for car insurance in Arkansas, Southern Farm Bureau has the cheapest average rates among the five largest Arkansas companies.
| Company | Female senior rates | Male senior rates |
|---|---|---|
| Allstate Insurance | $1,214 | $1,289 |
| Farmers Insurance Group | $882 | $950 |
| Shelter Mutual Insurance Company | $1,148 | $1,148 |
| Southern Farm Bureau Casualty Insurance | $681 | $769 |
| State Farm Insurance Company | $836 | $836 |
These rates are based on profiles for 65-year-old male and female drivers. The car used for each was a 2015 Toyota Camry LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had zero incidents within the past three years and a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Arkansas will differ. Rate data is provided by Quadrant Information Services.
What are the ten cheapest areas in Arkansas for car insurance?
Your car insurance rates vary based on the state you live in, but did you know that rates also vary based on your area in the state? The cheapest area for car insurance in Arkansas is Lowell followed by Ratcliff. In the table below, you can see the top ten cheapest areas in Arkansas for car insurance based on average rates for single adults.
| Area | Car insurance rates |
|---|---|
| Lowell | $1,271 |
| Ratcliff | $1,272 |
| Hartman | $1,276 |
| Bentonville | $1,276 |
| Coal Hill | $1,277 |
| Clarksville | $1,277 |
| Siloam Springs | $1,279 |
| Magazine | $1,279 |
| Paris | $1,280 |
| Russellville | $1,280 |
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 driving incident within the past 3 years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Arkansas will differ. Rate data is provided by Quadrant Information Services.
What about the ten most expensive areas in Arkansas for car insurance?
On average, West Helena is the most expensive area in Arkansas for car insurance. Car insurance rates vary by area in Arkansas because of differing driving behavior, frequency of accidents and crime rate in different areas. The table below displays the top ten most expensive areas in Arkansas for car insurance based on average rates for a single adult.
| Area | Car insurance rates |
|---|---|
| West Helena | $1,668 |
| Helena | $1,666 |
| Oneida | $1,640 |
| Barton | $1,633 |
| Crumrod | $1,631 |
| Marvell | $1,629 |
| Lexa | $1,626 |
| Elaine | $1,617 |
| Poplar Grove | $1,607 |
| Turner | $1,606 |
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 driving incident within the past 3 years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Arkansas will differ. Rate data is provided by Quadrant Information Services.
Is there a required minimum car insurance coverage or any limits in Arkansas?
The only coverage required for Arkansas drivers is liability, which provides coverage for damages or injuries to other people in accidents that are deemed your fault. But Arkansas drivers would be wise to consider some of the optional coverages available.
Collision and comprehensive coverages are particularly important, as they provide coverage for damages and injuries to you in accidents in which you’re found at fault, and for damages unrelated to accidents, such as hail or vandalism.
The minimum required limits for liability coverage in Arkansas are listed below, but it’s important to keep in mind that these are just minimums. Drivers should strongly consider purchasing at a higher limit of coverage, as these state minimum requirements would likely leave you underinsured in a costly accident.
Arkansas state minimum requirements:
Liability:
- Bodily injury — $25,000 per person
- Bodily injury — $50,000 per accident
- Property damage — $25,000 per accident
Bodily injury liability provides coverage for injuries sustained by the other vehicle’s driver and passengers if you are held responsible for an accident. This coverage also kicks in to defend you in the event of any legal claims.
Property damage liability provides coverage in the event you damage someone else’s property in a car accident, most commonly the other vehicle, but also things like a home or fence.
What is the percentage of uninsured motorists in Arkansas?
Another optional coverage in Arkansas is uninsured and underinsured motorist coverage. This coverage is similar to liability, but instead of protecting other drivers and their property, it protects you against drivers who either don’t have insurance or don’t have enough insurance. It also protects you from hit-and-run drivers.
In Arkansas, 16.6 percent of drivers are uninsured, according to 2015 data from the Insurance Information Institute. This is the ninth highest percentage in the country, so Arkansas drivers would be wise to consider uninsured and underinsured motorist coverage.
How are car insurance rates calculated in Arkansas?
When searching and comparing quotes from the best auto insurance companies in Arkansas, it can be frustrating trying to understand how your insurance rates are calculated. While there is no exact formula that each car insurance company uses when providing you a quote, there are many factors that do contribute to the price you pay for your insurance. Among the factors that car insurers consider are:
- Your driving record
- How much you drive
- Location
- Age
- Marital status
- Gender
- Your car’s make, model and year
- Your credit history
- Amount of car insurance coverage (required coverage and optional add-ons, such as collision and comprehensive)
One of the biggest misunderstandings when it comes to insurance rates is that the history of drivers in your area also contributes to how much you pay. For instance, even if you go two years without an accident, if there were a lot of accidents near you recently, your rates might still go up. Why is that the case?
Insurance companies disperse risk across all policyholders so that when it comes time to pay a claim, they have enough money to pay out. This is why you generally are quoted an average cost when you're shopping around. But imagine a scenario where they only raised rates for drivers with an accident.
For drivers who had an expensive claim, the drivers simply wouldn't be able to afford the raised rates that are based off how much their insurer had to pay after an accident. So instead, insurance companies slightly increase rates across the board to offset the costs, though of course the at-fault driver may see a larger increase than someone with a clean driving record.
How can you save money on your car insurance in Arkansas?
At the end of the day, we’d all like to have the best coverage at a cheap, affordable price from one of the best Arkansas car insurance companies. While you never want to sacrifice quality to save a couple of dollars, there are some different ways you can lower your car insurance premium.
Here are six ways you may be able to lower your car insurance rates:
- Bundle your car insurance with other policies
- Consider raising your deductibles
- Pay your car insurance policy in full
- Try usage-based car insurance
- Monitor price changes to your policy
- Shop for better insurance rates
It all comes down to shopping competitively. Even if your driving history sports a clean record, that may not be enough to get you the best rates. Naturally, you should also be aware that even if you do everything mentioned above, there are factors outside your control that may hinder you getting the lowest auto insurance quotes. Your city, your age - you're not going to up and move just to find a cheaper insurance rate, nor can you age yourself into a less expensive bracket of coverage.
That being said, having an annual premium is much better than being labeled an uninsured driver. So while you may not have access to the lowest rates for whatever reason, understand that it's still better than driving without insurance.
How does Clearsurance rate and rank the best car insurance companies in Arkansas?
Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:
- Price
- Customer Service
- Claim service
- Likelihood to renew
The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better.
The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings.
Is there a car insurance guide?
Whether you’re buying your insurance direct or going through an agent, understanding the different car insurance coverage options is a must. Do you know what is covered by comprehensive coverage? Are you familiar with uninsured motorist coverage? Do you know how a deductible works?
We want to make sure you’re equipped with a proper knowledge of car insurance, so check out our car insurance guide. Looking for more educational information about car insurance? Check out our car insurance blog for more information and topics related to car insurance.
Frequently Asked Questions
Who offers the cheapest teen car insurance rates in Arkansas?
For female teen drivers in Arkansas, State Farm offers slightly cheaper car insurance rates than Southern Farm Bureau. However, for male teen drivers, Southern Farm Bureau offers the cheapest car insurance rates among the five largest auto insurance companies in Arkansas. Don't lose sight of the fact that with age, your rates will decrease, because teen drivers don't have as much driving experience as their seniors.
Who offers the cheapest car insurance rates for a married couple in Arkansas?
Southern Farm Bureau offers the cheapest car insurance rates for married couples in Arkansas when compared to the other largest auto insurers in the state by market share.
Who offers the cheapest senior car insurance rates in Arkansas?
For senior drivers looking for car insurance in Arkansas, Southern Farm Bureau has the cheapest average rates among the five largest Arkansas companies.