Nationwide emerged as the top contender for Arkansas’ best general liability insurance in MoneyGeek’s analysis with a score of 98 out of 100. However, The Hartford, Thimble, and Hiscox are also great options for general liability policies.
Best General Liability Insurance in Arkansas
Updated: June 20, 2025
Advertising & Editorial Disclosure
Key Takeaways
Overall, the best general liability insurance company in Arkansas is Nationwide, which has a great balance of affordable rates for LLCs and good customer service.
The cheapest general liability insurance for sole proprietors in Arkansas is offered by Thimble at $24 per month. For LLCs, Nationwide is the most affordable option at $39 a month.
General liability insurance costs in Arkansas depend on your industry, and we found they can range from $31 to $2198 per month on average.
Best Cheap General Liability Insurance in Arkansas
| Nationwide | 98 | $37 | $39 |
| The Hartford | 95 | $33 | $52 |
| Thimble | 88 | $24 | $68 |
| Hiscox | 83 | $32 | $116 |
*Rates were based on a $1,000,000 per occurrence and $2,000,000 aggregate limit for a software development company.
Nationwide: Best Overall
pros
Low rates for LLC businesses
Large coverage selection
Low customer claims frequency
cons
Higher rates for sole proprietors
COMPANY HIGHLIGHTS
Nationwide takes home our endorsement for Arkansas's finest general liability insurance by delivering an exceptional balance of affordable rates and dependable customer service. The company ties for 1st place with the lowest NAIC claims ratio while offering the best rates for LLCs at $468 annually on average for comprehensive liability protection.
Thimble: Cheapest Overall
pros
Easy fast buying process
Very cheap rates overall, regardless of business size
Business-insurance-only focus
cons
Higher customer complaint frequency
COMPANY HIGHLIGHTS
Thimble claims our award for Arkansas's most budget-friendly general liability insurance provider. Sole proprietors benefit from excellent pricing at $24 monthly, and the provider offers competitive. Thimble is built with small businesses in mind, and offers a good variety of coverages and a smooth online process.
How Much Is General Liability Insurance in Arkansas?
General liability insurance in Arkansas for software development companies costs about $31 per month for sole proprietors and $69 for LLCs with 20 or more employees. These figures are specific to software development, and costs can vary widely by industry.
| Cleaning | $1,849 | $75 |
| General Contractor | $2,198 | $163 |
| Software Development | $69 | $31 |
*Rates are based on a $1,000,000 per occurrence and $2,000,000 aggregate coverage policy for general liability.
Factors That Impact General Liability Insurance Costs in Arkansas
General liability insurance costs can fluctuate based on a number of different factors in Arkansas. In the list below, you can see these factors and their impacts on your coverage costs:
- Location of the business
- Type of business operations
- Business size and revenue
- Past claims history
- Coverage limits and deductibles
Policy limits
Insurance premiums are closely tied to coverage limits. Opting for higher limits leads to increased costs, whereas lower limits generally make premiums more affordable.
Number of employees and payroll costs
Businesses with a large workforce and high payroll expenses often see an increase in general liability insurance costs. This pattern is evident in our analysis of LLCs and sole proprietorships.
Business location
Where your business operates can significantly influence your insurance expenses. Keep in mind that state-level average rates can differ across cities, so it's important to account for these variations when assessing your coverage needs.
Claims history
A history of multiple claims can make a business seem riskier to insurers, which usually results in higher premiums.
Industry
Industries with higher inherent risks, like construction, often experience higher general liability insurance costs.
Arkansas General Liability Insurance: Buyer's Guide
Business insurance is a complicated industry and can be difficult to navigate. So, to simplify your understanding of general liability insurance, we've created a short guide detailing how to get the best coverage, defining what it covers, listing requirements in Arkansas, and explaining how much coverage you should consider getting.
How to Find the Best General Liability Insurance Company
To help ensure that you get the best small business insurance regardless of your industry, we've created a step-by-step guide to simplify your coverage search.
- 1
Define your coverage needs
Find out your liability risk by considering your industry, products or services, customer types, business size and market impact. To evaluate coverage options better, measure the frequency and costs of common claims in your industry.
- 2
Research average costs for your business
To understand how good of a deal you're getting from business insurance companies, you need to research average costs for your particular business. Knowing average expenses will give you a way to judge whether a company is saving you money or not.
- 3
Consult similar businesses
Your business community is your greatest resource, and personal experience is often more valuable than resources online. You'll likely be able to get recommendations that are better for your specific needs and an understanding of what claims are common within your industry.
- 4
Compare multiple options through different means
Comparing multiple companies lets you see which option is best for your business. Also, choosing multiple means of comparison, like online comparison sites and brokers, will give you a better view of pricing and provide more opportunities to get advice.
What Does General Liability Insurance Cover and How Does It Work?
General liability insurance coverage consists of two parts: per occurrence and aggregate limits. Per occurrence refers to the maximum a single claim can go up to, while the aggregate limit is the total coverage you can get per year. In terms of covered items, this type of policy includes the following:
Bodily injuries or property damage on business property
Legal fees for bodily injury or property damage that your company may be responsible for
Damages to leased or rented business property
Bodily injury or property damage caused by your product or service
Libel, slander, or reputational harm legal defense
Legal fees for copyright infringement accusations
Is General Liability Insurance Required in Arkansas?
Like in most states, general liability insurance isn't expressly required by state law and instead varies by your industry. However, if you are looking to apply for a professional license, sign a contract with a larger company, or sign an office lease, some form of general liability insurance may be required. While not an exhaustive list, the following industries tend to fall into these categories:
- Medical
- Accounting
- Real estate
- Insurance
- Contracting
- Engineering
- Marketing
- Law
- Consulting
- Media/Communications
How Much General Liability Insurance Do I Need?
Most small businesses will only need a standard policy with $1 million of protection per occurrence and a $2 million limit per year. This will likely cover most or all damages caused over a year for most business types. Even so, your particular industry's risks and the size of your operation may require a larger coverage limit than standard.
WHO MAY NEED MORE COVERAGE
When it comes to protecting your business, knowing the right insurance coverage is key. Some industries, like health services, building, hospitality, and stores, often face higher risks. This means insurance can cost more. If your company is part of these fields, think about getting more coverage. Bigger businesses, with lots of workers or many customers, should do the same. They need to make sure they have enough insurance to cover their risks.
Best General Liability Insurance in Arkansas: Bottom Line
Overall the best general liability insurance companies in Arkansas are Nationwide, The Hartford, and Thimble. However, we recommend comparing around yourself and getting plenty of quotes to ensure you get the best deal possible.
General Liability Insurance in Arkansas: FAQ
Below, we address frequently asked questions regarding general liability insurance in Arkansas: It helps protect businesses from risks.
Which company has the best general liability insurance in Arkansas?
MoneyGeek's choice for general liability insurance in Arkansas is Nationwide, which earned an overall score of 98 out of 100. However, the ideal insurance for you depends on various details, including your business size, number of employees, and specific coverage requirements.
Which company has the cheapest general liability insurance in Arkansas?
For sole proprietors, Thimble offers the most affordable general liability insurance in Arkansas at $288 per year ($24 monthly). For LLCs with 20 employees, Nationwide provides the cheapest coverage at $468 annually ($39 monthly).
Does Arkansas require businesses to have general liability insurance?
Arkansas does not mandate general liability insurance for businesses, but acquiring it is a smart decision to protect against potential third-party claims
How We Chose the Best General Liability Insurance Providers in Arkansas
We broke down our scores into these categories and weights:
- LLC cost (55% of score)
- Sole proprietor cost (5% of score)
- Customer satisfaction (25% of score)
- Financial strength (10% of score)
- Quote process time (5% of score)
For all business insurance companies, we assumed software development industry LLCs with 20 employees. We based customer satisfaction and financial strength scores on NAIC and AM Best ratings. Quote process scores came from our MoneyGeek experts' personal experiences.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.