In Arkansas, full coverage car insurance averages $1,319 yearly, while minimum coverage costs about $517. These rates are $23 more for full coverage and $78 less for minimum coverage than the national average.
Average Cost of Car Insurance in Arkansas
Updated: January 12, 2025
Advertising & Editorial Disclosure
Key Takeaways
Drivers in the Natural State pay about 2% more for full coverage car insurance compared to the national average.
For minimum coverage, residents pay approximately 13% less than the average cost across the country.
With average costs of $517 for minimum and $1,319 for full coverage, Arkansas offers some of the more affordable car insurance rates.
How Much Is Car Insurance in Arkansas?
| Full Coverage | $1,319 | $1,296 | 2% |
| State Minimum Liability Only | $517 | $595 | -13% |
Read More: Average Cost of Car Insurance
Arkansas Car Insurance Rates by Coverage Level
Your choice of coverage level changes your car insurance rate in Arkansas. Opting for higher liability limits or full coverage ups your rate, while a higher deductible can make your premium cheaper. Below, see average rates for minimum coverage and full coverage with different deductibles and liability limits in Arkansas.
| 300/500/300 | Full Coverage | $1,569 | $500 |
| 100/300/100 | Full Coverage | $1,504 | $0 |
| State Minimum | Full Coverage | $1,386 | $500 |
| 300/500/300 | Full Coverage | $1,384 | $1,000 |
| 100/300/100 | Full Coverage | $1,319 | $1,000 |
| 300/500/300 | Full Coverage | $1,273 | $1,500 |
| 100/300/100 | Full Coverage | $1,208 | $1,500 |
| State Minimum | Full Coverage | $1,201 | $1,000 |
| State Minimum | Full Coverage | $1,090 | $1,500 |
| 300/500/300 | Liability Only | $700 | $0 |
| 100/300/100 | Liability Only | $635 | $0 |
| State Minimum | Liability Only | $517 | $0 |
Read More: Liability vs. Full Coverage Car Insurance
Average Arkansas Car Insurance Cost by Age
In Arkansas, your age can change your car insurance costs. Young drivers, like those who are 25, often pay more because they're seen as riskier. On average, a 25-year-old pays 21% more for state minimum coverage and also 21% more for full coverage compared to a 40-year-old. When matched with drivers who are 65, the cost jumps even higher — to 34% more for full coverage and 25% more for the minimum.
| 25 | $1,595 | $625 |
| 40 | $1,319 | $517 |
| 65 | $1,192 | $501 |
In most places, your age can change how much you pay for car insurance. But in California, Massachusetts, and Hawaii, your age doesn't affect the cost of your state minimum coverage.
Car Insurance Costs in Arkansas for Young Drivers by Gender
In Arkansas, young drivers face higher car insurance costs due to increased risk from more frequent accidents. On average, drivers aged 18 to 25 pay $1,401 annually when added to a family policy, which is 31% less than the $1,833 they would pay for an individual policy.
Gender also influences car insurance rates for young Arkansas drivers. Male drivers aged 18 to 25 have an average annual rate of $1,947, while females pay $1,719, making it 12% cheaper for young women. Below, you'll find the average car insurance costs for individual and family policies for young drivers in Arkansas, broken down by gender.
Car Insurance Costs in Arkansas for Young Females
An 18-year-old female in Arkansas averages $1,581 on a family car insurance plan. Choosing an individual policy instead can raise the rate to $3,345, nearly double the cost.
| 18 | $3,345 | $1,581 | -53% |
| 19 | $2,199 | $1,659 | -25% |
| 20 | $1,939 | $1,464 | -24% |
| 21 | $1,469 | $1,111 | -24% |
| 22 | $1,360 | $1,387 | 2% |
| 23 | $1,213 | $1,243 | 2% |
| 24 | $1,150 | $1,182 | 3% |
| 25 | $1,077 | $1,123 | 4% |
Car Insurance Costs in Arkansas for Young Males
An 18-year-old male in Arkansas typically pays around $3,895 for full coverage on an individual policy. By joining a family policy, the cost drops to about $1,763, saving 55% annually.
| 18 | $3,895 | $1,763 | -55% |
| 19 | $2,556 | $1,850 | -28% |
| 20 | $2,248 | $1,630 | -27% |
| 21 | $1,679 | $1,223 | -27% |
| 22 | $1,519 | $1,510 | -1% |
| 23 | $1,325 | $1,317 | -1% |
| 24 | $1,232 | $1,229 | -0% |
| 25 | $1,124 | $1,141 | 2% |
Average Arkansas Car Insurance Cost by Driving Record
In Arkansas, traffic offenses can alter car insurance costs. For example, an at-fault accident might bump up your full coverage by about 1%, while a DUI could decrease it by 4%. We've laid out how different violations, like at-fault accidents, DUIs and tickets, compare to the average rates for drivers with a clean slate.
| At-Fault Accident | $1,928 | 1% | $773 | -29% |
| DUI | $1,824 | -4% | $730 | -33% |
| Ticket | $1,653 | -13% | $649 | -41% |
Read More: High-Risk Car Insurance in Arkansas
Average Arkansas Car Insurance Cost by Credit Score
Your credit-based insurance score plays a big role in your car insurance rates in The Natural State. Full coverage costs can vary widely, with average annual premiums at $817 for those with excellent credit and $1,882 for drivers with poor credit.
| Excellent | $817 | -57% | $255 | -77% |
| Good | $1,017 | -47% | $310 | -72% |
| Fair | $1,268 | -34% | $380 | -65% |
| Below Fair | $1,523 | -20% | $451 | -59% |
| Poor | $1,882 | -1% | $532 | -51% |
CREDIT SCORES AND YOUR PREMIUM
A credit score from 670 to 739 signifies financial reliability and can reduce insurance costs for Arkansas drivers. However, Hawaii, Massachusetts, Maryland, California and Michigan prohibit using credit scores for insurance pricing. In North Carolina, Oregon, Washington, Utah and Nevada, credit scores are only considered under certain conditions.
Average Arkansas Car Insurance Cost by Company
Car insurance premiums can differ a lot from one company to another. In Arkansas, Southern Farm Bureau has the cheapest average yearly full coverage at $857. On the higher end, Dairyland's average is $2,485, way above what most Americans pay.
| Southern Farm Bureau | $857 | $315 |
| Nationwide | $884 | $331 |
| Travelers | $920 | $450 |
| Auto-Owners Insurance Co | $975 | $387 |
| State Farm | $996 | $346 |
| GEICO | $1,148 | $500 |
| Shelter | $1,149 | $506 |
| Farmers | $1,215 | $562 |
| Allstate | $1,281 | $712 |
| AAA | $1,304 | $480 |
| Alfa | $1,379 | $482 |
| Home State Ins Group | $1,652 | $602 |
| Progressive | $1,660 | $414 |
| Hanover | $1,883 | $647 |
| Dairyland | $2,485 | $1,017 |
Read More: Cheapest Car Insurance Companies in Arkansas
Average Arkansas Car Insurance Cost by Vehicle Age
In Arkansas, newer cars have higher insurance premiums because they're worth more and cost more to fix or replace if stolen. Full coverage for a new model averages $1,243 a year, while a 10-year-old car averages $947.
| 10-Year-Old Vehicle | $947 | $407 |
| New Model Vehicle | $1,243 | $398 |
ACTUAL CASH VALUE
The actual cash value (ACV) of your car is what your insurer determines it was worth right before any damage occurred. For comprehensive or collision claims, this value is used to calculate the maximum payout for repairs or replacement, after deducting any applicable deductible. This process ensures that the claim amount aligns with the vehicle's fair market value.
Read More: Used Car Insurance
Arkansas Car Insurance Rates Explained
We compare Arkansas's car insurance rates to the national average, outlining why costs may be affordable or expensive. We also examine key factors that shape the price of full coverage and state minimum plans.
Is Car Insurance Expensive in Arkansas?
Car insurance in Arkansas is slightly above average, costing about $110 for full coverage each month. The state's rates are roughly 2% higher than the national average for similar policies.
Read More: Why Car Insurance is So Expensive
Car Insurance Costs in Arkansas vs. National Average
National Average Cost
Full Coverage Car Insurance
$108
Arkansas Average Cost
Full Coverage Car Insurance
$110AR Car Insurance Is Expensive:$2 more
This is 2% more expensive.
Why Are Car Insurance Rates Expensive in Arkansas?
Car insurance in Arkansas is costly due to severe weather, like storms, and strict legal rules. These cause more claims and higher costs. Understanding these reasons can help Arkansans navigate insurance options.
Read More: Car Insurance Rates by State
Estimating Your Car Insurance Costs in Arkansas
While average rates in The Natural State reflect broad factors, your car insurance cost hinges on personal details. To estimate your expenses, consider your driving record, car model and chosen minimum coverage or more comprehensive plans.
Driving Record
Keeping a spotless driving record can lead to lower insurance premiums, as it indicates to insurers that you're a low-risk driver.
Age and Gender
Younger drivers and males often face higher rates. Age into lower premiums by maintaining a good driving record over time.
Credit History
A higher credit score can result in more favorable insurance rates. Pay bills on time and reduce debt to boost your score.
Vehicle Type
Opt for a vehicle with a strong safety record and lower repair costs to potentially decrease your insurance rates.
Location
Living in areas with lower crime and accident rates in Arkansas can lead to more affordable car insurance premiums.
Coverage Level
Balance the coverage you need with what you can afford. Overinsuring can lead to unnecessarily high costs.
Marital Status
Married drivers may receive lower rates due to perceived stability. Inform your insurer if your marital status changes.
State Law
Ensure you have at least the minimum insurance required by Arkansas law to avoid penalties and higher future premiums.
Read More: Arkansas Car Insurance Calculator
Minimum Car Insurance in Arkansas
In Arkansas, the average cost for state minimum car insurance is $517, which is less than the national average of $595. This minimum coverage is a more affordable option compared to full coverage due to Arkansas's liability limits.
Arkansas Car Insurance Requirements
In Arkansas, drivers must have minimum coverage auto insurance. This includes $25,000 for bodily injury per person, $50,000 per accident and $25,000 for property damage.
Liability Limits | What It Covers |
|---|---|
$25,000 for bodily injury liability per person | Medical expenses if you cause an accident |
$50,000 for bodily injury liability per accident | Multiple injuries in a single incident |
$25,000 for property damage liability per accident | Cost of repairs to other vehicles or property |
How to Lower Car Insurance Costs in Arkansas
To save on car insurance in Arkansas, compare rates, opt for higher deductibles, and take advantage of all applicable discounts to reduce premiums.
- 1
Compare Multiple Quotes
Researching multiple insurance providers can help you find the cheapest car insurance in Arkansas, potentially saving you hundreds of dollars annually.
- 2
Lower Your Risk Profile
A better credit score or clean driving record without at-fault accidents or moving violations can significantly lower insurance premiums because insurers view you as a lower risk.
- 3
Adjust Your Coverage
Reviewing coverage needs can help ensure you're paying only for the coverage you need. For affordable rates, consider state minimum coverage or higher deductibles if you can afford them.
- 4
Ask for Discounts
Inquire about discounts for safe driving, good grades, anti-theft devices, completing a state-approved defensive driving course and bundling policies, as these can lead to drastically lower premiums.
- 5
Consider the Car You Drive
Driving a car that's less expensive to insure, such as one with good safety ratings, can lead to lower insurance costs in your area.
Read More: How to Reduce Your Car Insurance Costs
Auto Insurance Rates in Arkansas: Bottom Line
In Arkansas, the average annual cost for a full coverage car insurance policy is $1,319, just above the national average of $1,296. Your rate can change based on things like your driving history and the car you drive. Overall, Arkansas is neither the most affordable nor the most expensive state for car insurance.
Arkansas Car Insurance Rates: FAQ
Get answers about what impacts the average cost of car insurance in Arkansas and how to find affordable rates.
What are the minimum car insurance requirements in Arkansas?
State minimum car insurance requirements in Arkansas include $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $25,000 for property damage per accident.
What is the average cost of full coverage and minimum coverage auto insurance in Arkansas?
In Arkansas, the average cost for state minimum auto insurance is $517, while full coverage auto insurance averages around $1,319 per year. These rates can fluctuate based on individual circumstances, such as driving history and vehicle type.
What is the average cost of car insurance for a 25-year-old in Arkansas?
The average cost of full coverage car insurance for a 25-year-old in Arkansas is $1,595, while state minimum coverage averages around $625.
What are the cheapest car insurance companies in Arkansas?
Southern Farm Bureau offers the most affordable car insurance in Arkansas, with annual rates of $857 for full coverage and $315 for minimum coverage. While the cheapest option is attractive, ensure it provides adequate protection against significant losses. For full coverage, this equates to about $71 monthly, and for minimum coverage, roughly $26 monthly.
Arkansas Auto Insurance Cost: How We Determine Average Rates
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates in Arkansas:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
We modified this driver profile by age, vehicle, credit score and driving record to determine averages for different driver profiles and needs.
Coverage Levels and Deductibles
Unless otherwise noted, average rates on this page are for a full coverage policy with comprehensive and collision coverage, a $1,000 deductible for each and the following liability limits (100/300/100):
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability per accident
When minimum coverage is specified, we used the following minimum liability-only limits as mandated by Arkansas:
- $25,000 for bodily injury liability per person.
- $50,000 for bodily injury liability per accident.
- $25,000 for property damage liability per accident.
Learn more about MoneyGeek's car insurance methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a 5-time Jeopardy champion!
He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.