Cheapest and Best Car Insurance in Little Rock, AR (July 2024)

Finding affordable car insurance in Little Rock may vary by coverage and driver specifics. For full coverage, Southern Farm Bureau stands out, differing from Allstate, which is best for families with teens. When it comes to customer service, Auto-Owners also leads, and is the same company rated as best overall for a blend of price and service. The right choice for you, however, will hinge on personal needs and coverage priorities.

MoneyGeek found that Southern Farm Bureau is the cheapest option in Little Rock, with a notable difference in annual premiums for minimum coverage car insurance.

• Southern Farm Bureau: $428 per year
• State Farm: $473 per year

Dairyland offers the most expensive minimum coverage policy in Little Rock, with an annual premium of $1,413. This is a staggering $985 difference compared to Southern Farm Bureau.

In Arkansas, all cities, including Little Rock, adhere to state-mandated minimum car insurance requirements. Here's what the law stipulates:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident
• $25,000 property damage liability per accident
  
  

Consider you're carrying the minimum coverage, and you're responsible for an accident that injures another driver. Your policy will cover up to $25,000 for their injuries, but if their medical bills exceed this limit, you're expected to cover the difference out of pocket. Likewise, if multiple people are injured and the total expenses surpass the per accident limit of $50,000, those extra costs are your responsibility.

MoneyGeek found that Southern Farm Bureau is the cheapest option in Little Rock for cheapest full coverage car insurance. The most affordable providers are:

• Southern Farm Bureau: $949 per year
• Nationwide: $1,021 per year

Dairyland has the most expensive full coverage policy in Little Rock, with an annual rate of $3,189. That's $2,240 more expensive than Southern Farm Bureau.

A full coverage plan in Little Rock enhances your protection significantly by expanding the liability limits beyond the basic minimum. This enhanced policy offers $100,000 for bodily injury per individual, $300,000 for bodily injury per collision, and $100,000 for property damage per collision. In industry terms, professionals refer to this as a 100/300/100 policy.

Full coverage extends beyond increased liability limits, encompassing two other key components:

• Collision Insurance: This part of the policy provides financial protection for damages to your automobile as a result of a crash, whether it involves another vehicle or an object like a lamppost or a fence, a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This insurance pays for car damages caused by incidents that aren't crash-related, such as theft, vandalism and damage from natural disasters and being struck by an animal like a deer.

For owners of new vehicles, opting for full coverage insurance is a good choice. For old vehicles, the added expense of full coverage may not be cost-effective. More comprehensive insurance translates to higher premiums, yet more modest coverage could leave you vulnerable financially if an accident occurs. To decide how much car insurance you need evaluate your specific situation.

MoneyGeek found that Southern Farm Bureau is the most affordable insurance option in Little Rock for drivers with a poor driving record, offering different rates depending on the specific violation.

• Speeding Ticket: Southern Farm Bureau ($1,056 per year)
• At-fault accident: Southern Farm Bureau ($1,278 per year)
• DUI: Southern Farm Bureau ($1,184 per year)

Among the companies listed, Dairyland tends to have the highest annual rates for drivers with these infractions, with the greatest difference in annual premiums being between the cheapest rates after a speeding ticket and after a DUI: a difference of $128, illustrating how the type of offense can significantly influence car insurance costs.

Insurance rates in Little Rock, and similar cities, are typically elevated for drivers with infractions because serious offenses are linked to higher risks for insurers. For example, drivers with a speeding ticket may face an average annual rate of $2,580, while those with a DUI could encounter rates around $2,910.

MoneyGeek found that Allstate is the cheapest option in Little Rock for families seeking the cheapest car insurance for teens. Here are the most affordable providers:

• Allstate: $1,846 per year for female teens and $1,986 per year for male teens
• Nationwide: $1,871 per year for female teens and $2,117 per year for male teens

Progressive has the most expensive teen family policy in Little Rock, with annual premiums of $3,178 for female teens and $3,563 for male teens. The $1,332 difference between the cheapest and most expensive option for female teens is why you should compare quotes.

In Little Rock, teens seeking car insurance face steep premiums; on average an individual annual policy costs $6,487, in contrast to the more economical $2,819 added to a family plan. This difference is due to the risks associated with insuring inexperienced drivers,

MoneyGeek found that USAA offers the cheapest full coverage car insurance for military backgrounds in Little Rock. Here are the two least expensive options available:

• USAA: $650 per year
• Southern Farm Bureau: $949 per year

USAA not only offers the lowest annual premium but also provides services particularly tailored to the needs of active-duty military members().

You can use MoneyGeek's car insurance calculator to get car insurance rate estimates. By merely inputting age, driving history, credit score and desired coverage among a handful of determinants, users receive a tailored rate estimate.

Choosing the ideal auto insurance requires weighing factors like service quality, cost efficiency, coverage options, and more. MoneyGeek's unique scoring systems for each category have determined that in Little Rock, the top car insurance providers are:

• Best overall: Auto-Owners (MoneyGeek score of 79 out of 100)
• Best for service: Auto-Owners (MoneyGeek score of 74 out of 100)
• Best cheap: Auto-Owners (MoneyGeek score of 82 out of 100)

Since Auto-Owners wins across all categories.

MoneyGeek found that Auto-Owners has the top-rated car insurance in Little Rock, offering a combination of high customer satisfaction and cost-effectiveness. When it comes to securing the best car insurance, here are the leading providers in the city:

• Auto-Owners: MoneyGeek score of 79 out of 100 ($1,100 per year)
• Shelter: MoneyGeek score of 74 out of 100 ($1,236 per year)

Auto-Owners stands out primarily because of its superior satisfaction and affordability scores.

MoneyGeek found that Auto-Owners is the best option in Little Rock for those looking for top-notch customer service from their car insurance provider.

• Auto-Owners: MoneyGeek score of 74 out of 100 ($1,100 per year)
• Shelter: MoneyGeek score of 69 out of 100 ($1,236 per year)

Auto-Owners is the frontrunner due to its exceptionally high marks in customer satisfaction and claims processing.

MoneyGeek found that Auto-Owners is the premier choice for cheap car insurance in Little Rock for cost-conscious drivers, not only for its affordability but also for its performance in claims handling and customer satisfaction.

• Auto-Owners: MoneyGeek score of 82 out of 100 ($535 per year)
• State Farm: MoneyGeek score of 76 out of 100 ($473 per year)

Auto-Owners distinguishes itself with the highest MoneyGeek score, reflecting its exceptional balance between cost-efficiency and quality service.

In Little Rock, the average car insurance cost stands at $1,519. This figure surpasses the statewide average in Arkansas, which is $1,349, showing that residents of Little Rock pay an additional $170 on average for their auto insurance. Furthermore, Arkansas' average is notably lower than the national average, with residents paying $432 less than the typical U.S. premium of $1,781.

Car insurance rates are influenced by a range of variables, with location being a significant factor. Insurers consider the frequency of claims in an area, the cost of living, and local laws, among other aspects. Although Little Rock has the most expensive premiums in the state at $1,128, residents of Arkansas typically enjoy premiums that are less than the national average. This is evident when comparing Little Rock's premium with the least expensive city in Arkansas, which shows a difference of $135. The disparity in premiums demonstrates how urban locations with higher traffic density tend to have higher insurance costs, whereas more rural or less populated areas might see even lower rates.