bestauto insuranceLittle Rock2022Compare the Cheapest Car Insurance Quotes in Little Rock, AR
Drivers in Little Rock spend an average of $1,189 on auto insurance per year, the same as the state average. The cheapest widely available insurer, Southern Farm Bureau, has an average rate of $843. MoneyGeek studied rates across coverage levels and driving history. For those focused on quality and cost, MoneyGeek recommended the best auto insurers in the city.
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 7/30/2022
Written By |
Mark Fitzpatrick
Southern Farm Bureau offers the cheapest full coverage car insurance in Little Rock for $843 per year. GEICO is the most affordable insurer for state minimum insurance with an average yearly cost of $373 and the best deal for drivers with a speeding ticket, with an annual premium of $866. Military members get the best prices in most instances from USAA. Overall, Auto-Owners Insurance Co is MoneyGeek’s top pick for coverage because it balances quality customer service with affordability.
bestauto insuranceLittle Rock2022The Cheapest and Best Car Insurance in Little Rock
Cheapest Overall - Southern Farm Bureau
Cheapest State Minimum - USAA
Best Overall - Auto-Owners Insurance Co
The Cheapest Car Insurance Companies in Little Rock
The following insurance companies offer the most affordable full coverage insurance in Little Rock:
- Southern Farm Bureau: $843 per year
- GEICO: $866 per year
Veterans and current members of the military in Little Rock will find that USAA has the cheapest full coverage car at an average annual premium of $663.
Southern Farm Bureau’s premium of $843 is the cheapest car insurance in Little Rock for most drivers. In fact, their average premium is 127% — about $1,075 — lower than MetLife, the most expensive in the city at $1,918 a year.
A full coverage car insurance policy includes comprehensive and collision coverage. While it’s always more expensive than liability-only insurance, the actual cost varies based on the level of liability you choose.
Cheapest Car Insurance in Little Rock
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$663
- 2.Southern Farm Bureau$843
- 3.$866
- 4.$924
- 5.$1,012
MoneyGeek’s analysis used rates for a 40-year-old male driver with full coverage as set out in our methodology.
While it costs more liability-only, full coverage car insurance provides additional security in the event of an accident by helping to cover the costs of car damage. This is important since it guards you against possibly major, unexpected cash outlays.
- Collision Insurance: This pays to repair your car if you hit another vehicle or a stationary object.
- Comprehensive Insurance: This pays for non-collision damage and loss, such as damage from weather events or loss due to theft.
If your car is several years old, you may wish to consider state minimum or liability-only insurance. That’s because the premiums for full coverage may add up to more than the replacement value of your car.
Compare Car Insurance Rates in Little Rock
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Little Rock for Minimum Coverage
The cost of auto insurance in Little Rock and elsewhere is based on different factors, such as how much coverage you choose. On average, a basic policy only meeting the state minimums costs $622 in Little Rock. On the other hand, a full coverage policy typically costs $1,189. That is $567 more expensive.
Cheapest Minimum Liability Car Insurance in Little Rock
State Minimum
- CompanyState Minimumper year
- 1.$304
- 2.$373
- 3.Southern Farm Bureau$394
- 4.$483
- 5.$502
In Arkansas, drivers must by law have 25/50/25 minimum liability insurance. While this is the cheapest insurance option, it provides the least protection. You may have to make a large payment out of pocket after an accident to cover the balance owing.
For example, if the other driver in an accident you’re found at fault for incurs medical bills of $50,000, minimum coverage insurance only pays up to $25,000. You will be responsible for the remaining $25,000.
Arkansas Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
Cheapest Car Insurance in Little Rock if You Have Driving Violations
Your car insurance premium is affected by your driving record. Having violations such as speeding tickets, at-fault accidents and DUIs usually results in higher premiums. The insurers that provide the best value for your specific violation are as follows:
- Cheapest after a ticket: GEICO, $866 per year
- Cheapest after an at-fault accident: Southern Farm Bureau, $1,075 per year
- Cheapest after a DUI: Southern Farm Bureau, $1,010 per year
If you’re able to improve your driving history after a ticket or a car accident, you may be able to reduce your premium. In the meantime, it doesn’t hurt to shop around for quotes to see which company offers the best cheap car insurance for drivers with bad records.
Cheapest Car Insurance in Little Rock With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$780
- 2.$866
- 3.Southern Farm Bureau$914
- 4.$1,104
- 5.$1,170
Average Cost of Car Insurance in Little Rock
Little Rock$1,189
Arkansas$1,189
U.S.$1,424
Annual premiums for car insurance can differ by hundreds or thousands of dollars. Knowing the average car insurance rate in Little Rock can help you weigh your options well and find the right carrier for your budget. The average cost of an auto insurance policy in the city is $1,189, similar to the state average annual premium. In comparison, Little Rock’s rates are lower than the national average. Little Rock drivers pay about 16.5% less than the $1,424 average rate in the country.
Personalized Quotes to Get You the Cheapest Car Insurance in Little Rock
Car insurance quotes in Little Rock also vary depending on individualized factors. Insurance providers evaluate the risks associated with a specific driver. These can be determined by your age, gender, driving history and experience, ZIP code, credit history and vehicle. For instance, in Little Rock, teen drivers tend to get higher premiums compared to middle-aged drivers.
A Southern Farm Bureau policy for a 40-year-old male averages around $843. An 18-year-old male could pay more than twice that amount — on average, $1,775 per year. Your circumstances may change as time goes by. Regularly getting personalized quotes can help you find the right provider with the best rate. Doing so can also help you see if you qualify for certain discounts, rebates or savings.
Compare Car Insurance Rates in Little Rock
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Little Rock
MoneyGeek ranked the best car insurance companies in Little Rock, Arkansas based on affordability, customer satisfaction, financial stability and claims rating.
- State Farm: MoneyGeek score of 85.0 out of 100
- GEICO: MoneyGeek score of 80.4 out of 100
USAA wasn’t included in our ranking as it only offers policies to military members and their families. However, USAA earned a perfect MoneyGeek score of 100, making it the best auto insurance company in Little Rock for military families.
1
GEICO
Score:93
GEICO was ranked as the second-best car insurance company in Little Rock for its high financial stability, customer satisfaction and claims ratings. On average, a 40-year-old driver in Little Rock will spend $866 per year for a full coverage GEICO policy. This provider offers mechanical breakdown insurance (MBI), a coverage option rarely offered by other insurers.
More About GEICO
GEICO offers mechanical breakdown insurance (MIB), which provides better coverage for all parts and systems at a more affordable price than the usual dealer extended warranty. MBI is available for new or rented cars less than 15 months old and with less than 15,000 mileage. The insurer also offers accident forgiveness. With this coverage option, your insurance rate won’t increase after your first at-fault accident. Policyholders that are over 21 years of age and have been accident-free for at least five years are eligible for this add-on coverage.
Read MoneyGeek's GEICO auto Insurance Review2
State Farm
Score:85
State Farm received high scores for financial stability, affordability, customer satisfaction and claims ratings. For an average yearly cost of $1,012, customers can add rental car and/or travel reimbursement and rideshare insurance coverage.
More About State Farm
Rideshare insurance is a unique add-on that covers policyholders while they’re working for a ridesharing company. This add-on coverage ensures that after you’ve matched with and are transporting a rider, all the coverages included in your personal auto insurance policy, except for liability insurance, remain in effect. With rental car and/or travel reimbursement coverage, if your car is not usable or driveable for more than 24 hours, State Farm will cover the cost of a rental car or public transportation.
Read MoneyGeek's State Farm auto Insurance ReviewAverage Cost of Car Insurance by Postal Code
Your place of residency in also has an impact on your auto insurance premium. Each ZIP code has a different average car insurance rate in Little Rock. Drivers with ZIP code 72206 pay an average annual premium of $1,182. Meanwhile, neighborhoods in the ZIP code 72204 have higher average premiums per year for car insurance. Drivers in this area may pay $17 more on average a year on car insurance than those living in the 72206 ZIP code. Although auto insurance rates may differ among ZIP codes, these rates in Little Rock are minimal — ranging from $4 to $17 on average per year.
- Zip CodeState Minimumper year
- 72206$1,182
- 72209$1,186
- 72204$1,199
Factors That Impact Insurance Costs in Little Rock
In addition to individual driver needs and history, location-specific factors like the rate of fatal accidents and the percentage of uninsured motorists also contribute to car insurance rates in Little Rock. How Little Rock ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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