Arkansas Minimum Coverage Car Insurance: Requirements and Costs (2024)

Arkansas requires motorists to carry state minimum car insurance, with liability coverages of $25,000 for bodily injury per person, $50,000 per accident and $25,000 for property damage. As an at-fault state, drivers are held financially responsible for damages they cause in an accident. Car insurance is mandatory, ensuring drivers can cover potential costs arising from collisions.

The monthly cost of state minimum car insurance in Arkansas is around $34. While finding the cheapest car insurance in Arkansas is important, drivers must ensure their policy meets the minimum car insurance requirements. This baseline coverage is both a legal necessity and a financial safeguard.

In Arkansas, to legally drive a vehicle, drivers must have state minimum car insurance coverage that meets the following amounts:

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

The cost of your premium can be influenced by Arkansas' status as a fault state. This means that the person found to be at fault for an accident is responsible for paying the damages incurred by the other party. Having adequate insurance coverage is therefore necessary to protect yourself financially in case of an at-fault accident.

The table reflects Arkansas's minimum car insurance requirements, including bodily injury and property damage coverage. Coverage specifics depend on an individual's policy terms and conditions.

Age is a common factor in evaluating minimum car insurance rates. In Arkansas, drivers aged 22 to 29 carry the highest premiums due to their increased risk profile and likelihood of filing claims.

The table represents the average cost of minimum coverage auto insurance in Arkansas, broken down by age group.

For Arkansas residents seeking the most budget-friendly minimum coverage insurance options, consider the following providers known for their competitive rates:

• Southern Farm Bureau: $299 per year; $25 per month
• State Farm: $314 per year; $26 per month

Although finding a cost-effective solution for your minimum coverage auto insurance is important, ensure that you review all your options, such as the best car insurance in Arkansas, to find coverage that aligns with your individual needs.

In Arkansas, drivers can opt for several useful add-on coverages beyond state minimum insurance. These include uninsured motorist coverage, comprehensive, collision, medical payments and personal injury protection. Although not legally required, these coverages provide additional financial protection in case of accidents, theft or other unforeseen events on the road. To determine how much car insurance you need, consider your individual circumstances and vehicle value.

The cost of a ticket for driving without insurance in Arkansas varies depending on whether it's your first offense or a subsequent one. Typically, initial violations might result in lighter penalties, whereas repeat offenses can lead to harsher consequences.

For people caught driving without the state minimum coverage in Arkansas, the penalties include, but are not limited to:

• Vehicle registration suspension: You can lose your car's registration.
• License suspension and reinstatement fee: Your driving license might be suspended, and you'll have to pay a fee to get it back.
• SR-22 requirement: You might have to prove future financial responsibility by filing an SR-22 form, usually for a number of years.

Understand the significant risks and extra costs that come with driving without insurance in Arkansas. Ensure that you comply with the law and protect yourself and others on the road by maintaining at least the minimum coverage.

If your car insurance policy has been canceled in Arkansas, you should immediately seek a new policy and refrain from driving until you are insured again. Driving without insurance is illegal and can result in severe penalties. Contact an insurance agent or shop around for new coverage as soon as possible.

The Arkansas DMV will be notified of your insurance status through the state's electronic insurance verification system. If you're found to be uninsured, you could face fines, vehicle registration suspension and other legal consequences.

If you're struggling to obtain coverage, Arkansas doesn’t have a state program like TexasSure, but you can look for high-risk insurance providers or the Arkansas Automobile Insurance Plan. Ensure you have at least minimum coverage before getting behind the wheel to comply with Arkansas laws.

Here, we provide answers about Arkansas's minimum car insurance requirements for drivers looking to stay legal on the road.