With so many car insurance companies to compare, it can seem impossible to find the best fit for your needs and budget. Our team has done the heavy lifting for you and compared the insurance quotes of nine leading providers in Arkansas.
If you’re looking for cheap auto insurance, this is the perfect place to start. Below, we’ve estimated the lowest car insurance quotes for various types of drivers:
Best Rates For Drivers With No Recent Accidents
If you have no accidents on your driving record, you should be able to find very affordable car insurance in Arkansas. Our study revealed that safe drivers can find competitive rates from State Farm and Allstate. If you have a few collisions on your driving record, make it a point to avoid accidents and citations for the next few years and you should be eligible for lower premiums.
Best Rates For Teen Drivers
Teenagers tend to be involved in more accidents than older drivers due to their inexperience. Teen drivers are more prone to collisions related to distractions, illegal maneuvers, and speeding. If you or your teen is looking for affordable car insurance in Arkansas, our study found that State Farm offers low rates for teens who are searching for coverage that meets the state’s minimum requirements.
Best Rates For Drivers With A DUI Or DWI
Most people know that driving under the influence is a bad idea, but we all make mistakes. If you were convicted of DWI or DUI, you might have trouble finding low cost auto insurance. But don’t fret just yet. Our team found that State Farm offers very low car insurance rates in Arkansas for drivers who have a DWI on their record.
And don’t forget to compare auto insurance rates every few months. Although you’ll probably have to pay extra for car insurance for several years, you might be able to save big by periodically checking which insurance provider has the best quotes for your particular driver profile.
Best Rates For Senior Drivers
Our researchers identified State Farm and Safeco as the carriers with the best auto insurance rates for seniors in Arkansas. Our study used a driver who was 65 years old and commuted 4,000 miles per year.
Our study looked at the car insurance rates for males and females from five zip codes throughout the state of Arkansas. Our default driver was age 29 and commuted 12,000 annual miles in a 2014 Toyota Corolla. Our estimates for the teen driver category are based on the minimum auto insurance requirements in Arkansas, but the estimates for all other groups are based on 50/100/25 liability coverage and 50/100/25 uninsured motorist coverage.
What Is The Minimum Auto Insurance Coverage Required In Arkansas?
Drivers who live in Arkansas are required to carry auto insurance that meets the following minimum limits:
- Bodily Injury Liability Per Person: $25,000
- Bodily Injury Liability Per Accident: $50,000
- Property Damage Liability: $25,000
Arkansas Car Insurance FAQs
What Is the Motor Vehicle Safety Responsibility Act?
The Motor Vehicle Safety Responsibility Act states that valid proof of insurance is required to operate a car in Arkansas. Failing to comply with this law can result in serious penalties including hefty fees and incarceration. From the moment your car is registered with the Arkansas Office of Motor Vehicles, you will have your insurance status cross-referenced against the Insurance Verification & Notification Program online database.
In Arkansas, you are required to purchase both bodily injury and property damage insurance. These are third-party coverage that pays for damages sustained by other people in accidents you cause.
Bodily injury liability insurance covers the medical expenses of anyone who was not in your own vehicle at the time of the accident. This includes costs of being transported by ambulance, expenses related to any necessary surgeries, and payments for post-injury rehabilitative treatments. Property damage liability insurance pays for other drivers’ vehicle repairs or replacements after an accident that you caused.
What Are First-Party Coverage and Uninsured/Underinsured Motorist Coverage?
Arkansas law requires all drivers to purchase liability insurance, and all licensed insurers must offer additional protection options. Two additional coverage categories you may find beneficial are first-party coverage and uninsured/underinsured motorist coverage.
First-party coverage pays for damages and injuries incurred by the first party – you – or by a person who is driving your vehicle with your permission. This coverage will pay benefits no matter who caused the accident and will usually pay for medical and hospital bills, income disability, and accidental death.
First-party coverage is a great way to ensure your immediate expenses are paid for in the event that an accident leaves you in hospital or disabled and unable to work. It can also help your family maintain their financial security in the event of your death.
Uninsured/underinsured motorist coverage pays for your expenses after an accident with an uninsured or underinsured driver. This coverage can include both bodily injury and property damage. In order to have your accident-related expenses paid for by uninsured or underinsured motorist insurance, you must be able to demonstrate that the uninsured/underinsured driver was at fault for the crash.
What Is the Arkansas Automobile Insurance Plan?
Although Arkansas law requires all drivers to carry minimum liability coverage, insurance companies in the state also have the right to refuse coverage to anyone they deem to be “high-risk” drivers. The Arkansas Automobile Insurance Plan was introduced to help high-risk drivers find coverage.
This plan enables drivers who cannot find insurance on the voluntary market to drive legally; however, you will not be able to choose your own insurance company, and you will most likely have to pay a higher premium than the average motorist.
What Is a “High-Risk Driver?”
A high-risk driver may find it tough to obtain insurance on the voluntary market. You may be considered a high-risk driving if you:
- Have been convicted of driving under the influence;
- Are a teen driver, newly licensed, or inexperienced;
- Have allowed your insurance policy to lapse; or
- Have a poor credit score.
How Does the Arkansas OMV Catch Uninsured Drivers?
Driving while uninsured in Arkansas is against the law. There are three ways the Arkansas Office of Motor Vehicles becomes aware of uninsured drivers:
- At a routine traffic stop;
- When you are involved in an accident; or
- When the state’s insurance reporting system identifies your non-compliant insurance status.
Traffic officers in Arkansas may issue you a citation if you are unable to produce a valid car insurance identification card – or the policy itself – at a roadblock. If you cause a crash without liability insurance, you will be charged with a Class A misdemeanor and have to pay for the other party’s personal injuries and property damage out of your own pocket.
The online Insurance Verification & Notification Program requires licensed insurance companies within Arkansas to disclose the status of the auto insurance policies they sell. This means if your policy has lapsed, the Office of Motor Vehicles will know about it and issue a non-compliance notice. If you do not respond to the notice with proof of insurance in 30 days, your registration will be suspended and you will be deemed uninsured.
What Are the Penalties for Driving Without Auto Insurance in Arkansas?
Driving while uninsured in Arkansas may result in steep fines and incarceration. The potential punishments escalate with subsequent offenses.
First-time offenders face a fine between $50 and $250. The traffic officer may also remove your license plates and replace them with a temporary bumper sticker that allows you to use your car for the next 10 days, or until you have secured proper proof of insurance. If you fail to do so, your car registration will be suspended.
Second-time offenders face a fine between $250 and $500. You may also have your license plates removed and have the same 10-day bumper sticker notice applied. Your driving privileges will be suspended, and even if you manage to produce proof of insurance within the 10 days, you will need to pay the mandatory minimum fine.
Third-time and subsequent offenders will be slapped with a Class C misdemeanor and classified as a habitual offender. You will face a fine between $500 and $1,000 and could be imprisoned for up to a year. The worst part: You cannot apply to have your registration reinstated until you have completed your jail term.
How to File a Car Insurance Claim in Arkansas
You should report any accidents to your auto insurance company as soon as possible. A representative will help you understand the steps you must take to file a claim. Here is a brief overview of the claims process:
- Report the crash to the police;
- Notify your insurance company;
- Do your best to prevent further damage to your car;
- Ask your insurance carrier for a proof of loss form; and
- If you are involved in a lawsuit after an accident, send all relevant documents to your insurance company immediately.
When Can a Car Insurance Company Cancel a Policy in Arkansas?
Car insurance companies are adept at evaluating risk and may adjust the risk profile they have assigned to your policy even when it is in effect. In some cases, they might prefer to cancel your policy rather than continue to take the risk of accruing costs.
Within the first two months of your policy, your insurance carrier may cancel your policy for nearly any reason, but after that period, your carrier may only cancel your policy if you:
- Fail to pay your premium;
- Are found to have lied about or misrepresented facts to obtain insurance;
- Have used a motor vehicle to commit a criminal act;
- Are convicted of driving recklessly three times within three months before the policy period and the end of the policy period; or
- Are found guilty of driving under the influence.
What Constitutes Car Insurance Fraud in Arkansas?
Car insurance fraud usually involves someone lying to an insurance company – either about key details in the policy application or about the circumstances of an accident. If you provide misleading information or false documentation to obtain insurance or support a claim, this would be considered fraudulent.
Most car insurance fraud cases involve drivers who:
- Stage auto accidents;
- Make false claims of injury or damages;
- Falsely report a stolen vehicle;
- Falsely claim that an accident occurred within their policy period;
- Make an insurance claim for damage that existed before the accident; or
- Lie about the insurance status of the person driving at the time of an accident.
Arkansas Car Accident Statistics
545 people were killed on Arkansas roads in 2016, according to the National Highway Traffic Safety Administration.
Between 2003 and 2012, 1,769 people were killed in crashes involving a drunk driver in Arkansas.
In Arkansas, 43 pedestrians and 69 motorcyclists were killed in accidents in 2016, according to the National Highway Traffic Safety Administration, while a further 60 fatal crashes involving large trucks took place in the same year.