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The cost of your auto insurance could vary based on different factors, including your age, area, creditworthiness, coverage and driving history. The average full coverage premiums in Arkansas range from $629 from State Farm to $1,767 from Dairyland, which are the cheapest and most expensive rates, respectively. There is also a $288 price variation between young drivers and senior drivers in the state purchasing full coverage.

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2023

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Average Car Insurance Costs in Arkansas (2023)

The average cost of car insurance in Arkansas for full coverage is $932 per year, although actual costs may fluctuate based on a number of factors. In Arkansas, drivers likely pay the following average rates:

  • Clean record: $932 per year
  • Speeding ticket: $1,232 per year
  • DUI: $1,378 per year
  • Accident: $1,440 per year

The above rates are for full coverage insurance. Minimum coverage insurance should be somewhat more affordable.

Driving Record
Annual Premium
Monthly Premium

Clean

$371

$31

Clean

$384

$32

Clean

$474

$39

Ticket

$513

$43

Ticket

$518

$43

DUI

$574

$48

DUI

$583

$49

At-Fault Accident

$611

$51

Ticket

$618

$51

At-Fault Accident

$624

$52

DUI

$711

$59

At-Fault Accident

$732

$61

Clean

$852

$71

Clean

$932

$78

Clean

$1,140

$95

Ticket

$1,171

$98

Ticket

$1,232

$103

DUI

$1,297

$108

DUI

$1,378

$115

At-Fault Accident

$1,398

$117

At-Fault Accident

$1,440

$120

Ticket

$1,492

$124

DUI

$1,693

$141

At-Fault Accident

$1,737

$145

Why Are Car Insurance Rates Moderate in Arkansas?

Arkansas has a moderately lower average full coverage car insurance premium than that of the $1,054 national average. Due to the state’s smaller population, moderate traffic density and fewer theft cases, you will likely pay moderate charges in the state.

It is possible that personal factors like your driving history or age could cause you to pay higher premiums in Arkansas.

Average Car Insurance Costs in Arkansas by Company

The average cost of car insurance may be deceptive because premiums vary considerably between providers. State Farm has the cheapest car insurance in Arkansas for $232 per year for minimum coverage ($629 per year for full coverage). The most expensive is Dairyland, where minimum coverage costs $800 per year (full coverage costs $1,767).

Although liability-only insurance is more affordable, researching and shopping around could help you find the cheapest full coverage policy.

Company
Annual Premium
Monthly Premium

Hanover

$191

$16

State Farm

$218

$18

Louisiana Farm Bureau

$230

$19

Southern Farm Bureau

$230

$19

South Carolina Farm Bureau

$230

$19

State Farm

$232

$19

South Carolina Farm Bureau

$254

$21

Louisiana Farm Bureau

$254

$21

Southern Farm Bureau

$254

$21

Hanover

$260

$22

State Farm

$282

$23

Progressive

$293

$24

Progressive

$304

$25

Auto-Owners Insurance Co

$315

$26

Southern Farm Bureau

$320

$27

Louisiana Farm Bureau

$320

$27

South Carolina Farm Bureau

$320

$27

Auto-Owners Insurance Co

$323

$27

Nationwide

$350

$29

Nationwide

$356

$30

GEICO

$360

$30

Progressive

$361

$30

Farmers

$363

$30

AAA

$373

$31

GEICO

$376

$31

Farmers

$376

$31

Alfa

$398

$33

AAA

$406

$34

GEICO

$415

$35

Travelers

$416

$35

Alfa

$422

$35

Travelers

$434

$36

Shelter

$444

$37

Farmers

$444

$37

Auto-Owners Insurance Co

$456

$38

Travelers

$461

$38

Hanover

$468

$39

Nationwide

$469

$39

AAA

$507

$42

Allstate

$518

$43

Allstate

$537

$45

Alfa

$543

$45

Hanover

$551

$46

State Farm

$564

$47

Allstate

$571

$48

Shelter

$583

$49

South Carolina Farm Bureau

$590

$49

Louisiana Farm Bureau

$590

$49

Southern Farm Bureau

$590

$49

Home State Ins Group

$602

$50

State Farm

$629

$52

Home State Ins Group

$642

$54

Southern Farm Bureau

$650

$54

South Carolina Farm Bureau

$650

$54

Louisiana Farm Bureau

$650

$54

Auto-Owners Insurance Co

$705

$59

Hanover

$741

$62

Nationwide

$744

$62

Farmers

$744

$62

Auto-Owners Insurance Co

$751

$63

Home State Ins Group

$755

$63

GEICO

$759

$63

Louisiana Farm Bureau

$795

$66

Southern Farm Bureau

$795

$66

South Carolina Farm Bureau

$795

$66

State Farm

$796

$66

Dairyland

$800

$67

Nationwide

$805

$67

Farmers

$810

$67

GEICO

$829

$69

Travelers

$835

$70

Shelter

$870

$73

Travelers

$873

$73

Shelter

$896

$75

Allstate

$919

$77

Dairyland

$926

$77

AAA

$936

$78

Farmers

$961

$80

Allstate

$966

$80

GEICO

$966

$81

Allstate

$997

$83

Nationwide

$1,009

$84

Travelers

$1,019

$85

AAA

$1,030

$86

Progressive

$1,048

$87

Auto-Owners Insurance Co

$1,067

$89

Dairyland

$1,112

$93

Alfa

$1,115

$93

Progressive

$1,140

$95

Shelter

$1,143

$95

Alfa

$1,145

$95

Hanover

$1,224

$102

AAA

$1,272

$106

Progressive

$1,394

$116

Alfa

$1,543

$129

Home State Ins Group

$1,652

$138

Home State Ins Group

$1,696

$141

Shelter

$1,720

$143

Dairyland

$1,767

$147

Dairyland

$1,863

$155

Home State Ins Group

$2,006

$167

Dairyland

$2,501

$208

Insurance Rates

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MONEYGEEK’S ARKANSAS CAR INSURANCE CALCULATOR

When determining your insurance rate, companies consider both your coverage and specific factors like your age, location and driving history. You can get a quick estimate of your insurance premium by using MoneyGeek's Arkansas auto insurance calculator.

Average Car Insurance Costs in Arkansas by Coverage Level

Higher liability limits will result in higher insurance costs. By including comprehensive and collision coverage, the cost may increase. Drivers in Arkansas spend an average of $1,131 for full coverage with increased liability limits vs. $384 for the minimum level of coverage required by law.

Long-term savings are possible with full coverage insurance if your deductible is higher, but this could result in paying more out of pocket in the event of an accident.

Average annual car insurance rates by coverage tier

The least expensive minimum coverage in Arkansas only provides the lowest liability levels. Collision and comprehensive insurance are not included. Companies may offer policies with larger liability limits, equivalent to 50/100/50 or 100/300/100. Insurance with liability limits of 100/300/100 would include the following coverage:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $100,000 property damage liability

The maximum liability for an insurer is typically 300/500/300. Liability insurance covers harm or damage to others, while comprehensive and collision insurance also covers the expenses of damages to you and your car. Full coverage is defined by these coverage options.

Average Car Insurance Costs in Arkansas by Age

When you are a young or new driver, these characteristics could have a major impact on your car insurance premium. Age-related price variations for full coverage in Arkansas are shown below:

  • 22 to 29: $1,140 per year
  • 30 to 59: $932 per year
  • 60+: $852 per year

Insurance premiums are often higher for drivers in their 20s, while rates are rather steady for drivers between the ages of 30 and 59 until they reach the age of 60. New drivers will typically see rates similar to drivers in their 20s.

Age
Annual Premium
Monthly Premium

22-29

$1,140

$95

22-29

$474

$39

30-59

$384

$32

30-59

$932

$78

60 +

$852

$71

60 +

$371

$31

Average Car Insurance Costs in Arkansas for Teens

Teen drivers pay more for insurance than other age groups. A 16-year-old male on a full coverage family policy in Arkansas pays an average yearly premium of $2,494 compared to an individual policy costing $5,616 annually. Drivers under the age of 18 might not be able to buy insurance without a parent’s consent.

Rates decrease as drivers age. A 19-year-old may spend $1,906 per year on a family plan, as opposed to $1,552 for a 22-year-old. Get the cheapest teen auto insurance in Arkansas by comparing quotes from several companies.

Rates for different sexes can vary significantly in Arkansas. For instance, the average annual cost of a family policy for a 16-year-old female is around $256 less than the cost for a male teen.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$2,238

$186

$4,924

$410

16

$2,494

$208

$5,616

$468

17

$2,208

$184

$4,159

$347

17

$2,448

$204

$4,777

$398

18

$1,878

$157

$3,472

$289

18

$2,097

$175

$4,049

$337

19

$1,707

$142

$2,282

$190

19

$1,906

$159

$2,656

$221

20

$1,773

$148

$2,010

$168

20

$1,984

$165

$2,334

$194

21

$1,336

$111

$1,521

$127

21

$1,480

$123

$1,741

$145

22

$1,425

$119

$1,407

$117

22

$1,552

$129

$1,574

$131

23

$1,436

$120

$1,256

$105

23

$1,572

$131

$1,373

$114

24

$1,364

$114

$1,189

$99

24

$1,466

$122

$1,276

$106

25

$1,293

$108

$1,113

$93

25

$1,359

$113

$1,163

$97

Average Car Insurance Costs in Arkansas for New Cars vs. Older Cars

The average annual insurance premium for a new car in Arkansas is $1,243. This is 31% higher than the average annual rate for an older vehicle, which is $947. With a new car's higher actual cash value (ACV) and higher repair expenses, insurance rates may increase.

The ACV of your car is used by companies to determine collision and comprehensive claims. Your vehicle will be less costly to insure as insurance companies pay out less for any given claim. Obtain full coverage insurance if you drive a more recent car because it covers damages to your own vehicle in addition to your liability for injuries to others.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$398

$33

2022 Vehicle

$404

$34

2012 Vehicle

$407

$34

2012 Vehicle

$430

$36

2022 Vehicle

$475

$40

2012 Vehicle

$504

$42

2012 Vehicle

$914

$76

2012 Vehicle

$947

$79

2022 Vehicle

$1,141

$95

2012 Vehicle

$1,190

$99

2022 Vehicle

$1,243

$104

2022 Vehicle

$1,533

$128

Average Car Insurance Costs in Arkansas by Driving Record

Drivers with violations pay more for car insurance than those who have clean records. In Arkansas, drivers who have the following records pay these insurance costs for full coverage:

  • Clean record: $932 annually
  • Speeding ticket: $1,232 annually
  • DUI: $1,378 annually
  • At-fault accident: $1,440 annually

Costs often increase according to the degree of the violation. A DUI will have a greater insurance cost than a speeding citation. You can find the cheapest car insurance in Arkansas for drivers with records by comparing quotes from several companies.

Driving Record
Annual Premium
Monthly Premium

Clean

$371

$31

Clean

$384

$32

Clean

$474

$39

Ticket

$513

$43

Ticket

$518

$43

DUI

$574

$48

DUI

$583

$49

At-Fault Accident

$611

$51

Ticket

$618

$51

At-Fault Accident

$624

$52

DUI

$711

$59

At-Fault Accident

$732

$61

Clean

$852

$71

Clean

$932

$78

Clean

$1,140

$95

Ticket

$1,171

$98

Ticket

$1,232

$103

DUI

$1,297

$108

DUI

$1,378

$115

At-Fault Accident

$1,398

$117

At-Fault Accident

$1,440

$120

Ticket

$1,492

$124

DUI

$1,693

$141

At-Fault Accident

$1,737

$145

Average Car Insurance Costs in Arkansas by Credit Score

Your credit rating has a significant impact on how much your auto insurance will cost. Those with poor credit tend to pay $1,398 annually, while drivers with excellent credit pay around $621 annually. Depending on your credit-based insurance score, you might pay the following rates for full coverage in Arkansas:

  • Excellent: $621 per year
  • Good: $767 per year
  • Fair: $954 per year
  • Below fair: $1,141 per year
  • Poor: $1,398 per year

Finding affordable car insurance in Arkansas for drivers with bad credit requires comparison shopping because providers may charge drivers differently based on their creditworthiness.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$263

$22

Excellent

$270

$22

Excellent

$312

$26

Good

$321

$27

Good

$329

$27

Good

$382

$32

Fair

$393

$33

Fair

$403

$34

Below Fair

$466

$39

Fair

$471

$39

Below Fair

$477

$40

Poor

$550

$46

Poor

$561

$47

Below Fair

$564

$47

Excellent

$589

$49

Excellent

$609

$51

Excellent

$621

$52

Excellent

$622

$52

Excellent

$633

$53

Excellent

$668

$56

Poor

$668

$56

Good

$727

$61

Good

$750

$62

Excellent

$755

$63

Good

$767

$64

Excellent

$767

$64

Good

$769

$64

Good

$780

$65

Excellent

$818

$68

Good

$827

$69

Fair

$903

$75

Fair

$927

$77

Good

$935

$78

Good

$947

$79

Fair

$954

$79

Fair

$960

$80

Fair

$966

$81

Good

$1,015

$85

Fair

$1,034

$86

Below Fair

$1,078

$90

Below Fair

$1,104

$92

Below Fair

$1,141

$95

Below Fair

$1,152

$96

Below Fair

$1,153

$96

Fair

$1,170

$98

Fair

$1,182

$98

Below Fair

$1,241

$103

Fair

$1,278

$106

Poor

$1,321

$110

Poor

$1,355

$113

Poor

$1,398

$116

Below Fair

$1,407

$117

Poor

$1,414

$118

Poor

$1,415

$118

Below Fair

$1,417

$118

Poor

$1,524

$127

Below Fair

$1,543

$129

Poor

$1,732

$144

Poor

$1,744

$145

Poor

$1,904

$159

Average Car Insurance Costs in Arkansas by City

Depending on which city you live in, your car insurance premiums may differ significantly. For instance, Little Rock's average annual cost of auto insurance is $1,128 compared to the state's average of $932.

Car insurance rates are often higher in cities like Little Rock that have denser populations or higher car theft rates.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Little Rock

$1,414

$668

Little Rock

$1,128

$533

Little Rock

$1,055

$516

Insurance Rates

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Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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FAQ About Car Insurance Costs in Arkansas

Knowing the average cost of car insurance in Arkansas could be challenging given the rate variations resulting from unique factors. We answered frequently asked questions to help you find the best option for your profile and needs.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.