Average cost of car insurance in Arkansas

The average car insurance rate in Arkansas is $1,420 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Arkansas is $349.

Best car insurance companies in Arkansas

Geico is the best car insurance company in Arkansas, based on a 2023 analysis by Insurance.com, with an overall rating of 4.39. State Farm came in second with an overall rating of 4.38. 

Below is a full list of the top Arkansas insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance companies in Arkansas
Insurance companyAM BestAverage annual rateNAIC Complaint ratioInsurance.com score
GeicoA++$ 1,1230.774.39
State FarmA++$ 1,3050.524.38
NationwideA+$ 1,2730.664.13
Auto-OwnersA++$ 1,5610.644.13
USAAA++$ 1,0430.994.03
TravelersA++$ 1,2281.033.73
ProgressiveA+$ 1,5860.733.61
FarmersA$ 1,4320.773.42
Auto Club Enterprises (AAA)A+$ 1,4490.923.39
AllstateA+$ 2,2020.952.41

USAA offers car insurance only to military members, veterans and their families.

Cheapest car insurance companies in Arkansas

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.

We have gathered price quotes from all the major insurance providers in Arkansas and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, USAA is the cheapest auto insurance company in Arkansas, with average rates of $1,043 annually or $87 a month for full coverage, but isn’t available to everyone. Geico is the cheapest company that is open to all drivers, with an average annual rate of $1,123 for full coverage in Arkansas. 

cheap rates by companies in arkansas
CompanyState minimum50/100/50 liability only100/300/100 liability with $500 comp/coll deductible
USAA*$ 200$ 272$ 1,043
Geico$ 222$ 278$ 1,123
Travelers$ 404$ 508$ 1,228
Nationwide$ 485$ 557$ 1,273
State Farm$ 281$ 369$ 1,305
Farmers$ 382$ 468$ 1,432
Auto Club Enterprises (AAA)$ 359$ 467$ 1,449
Auto-Owners$ 340$ 364$ 1,561
Progressive$ 293$ 404$ 1,586
Allstate$ 525$ 597$ 2,202

USAA offers car insurance only to military members, veterans and their families.

Auto insurance calculator

Average auto insurance rates in Alabama
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Male
Male Female
36110 - Montgomery
For a -year-old
State minimum
Full coverage
Liability only

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Cheapest car insurance cost in Arkansas by age

In Arkansas, car insurance rates are higher for teenagers as they’re more prone to accidents due to their lack of driving experience.

Travelers offers the cheapest car insurance for teen drivers in Arkansas at $3,323 per year for a full coverage policy. 

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Arkansas, Geico offers the cheapest full coverage car insurance for adult drivers at $1,210 per year unless you are eligible for USAA. Geico offers the cheapest full-coverage car insurance for senior drivers at $1,084 per year. Again, senior drivers can save more on a full coverage policy if they are eligible for USAA.  

Cheapest car insurance by age in Arkansas
Age (group) Company Group Avg. Annual Premium
Teens (16-19)Travelers$ 3,323
Teens (16-19)USAA$ 3,366
Teens (16-19)State Farm$ 3,585
Teens (16-19)Geico$ 4,049
Teens (16-19)Auto-Owners$ 4,360
Teens (16-19)Nationwide$ 4,608
Teens (16-19)Farmers$ 6,315
Teens (16-19)Auto Club Enterprises (AAA)$ 6,672
Teens (16-19)Progressive$ 7,429
Teens (16-19)Allstate$ 8,225
Young Adults (20-24)USAA$ 1,482
Young Adults (20-24)Travelers$ 1,857
Young Adults (20-24)Geico$ 1,881
Young Adults (20-24)Farmers$ 1,960
Young Adults (20-24)State Farm$ 2,116
Young Adults (20-24)Nationwide$ 2,244
Young Adults (20-24)Progressive$ 2,456
Young Adults (20-24)Auto-Owners$ 2,476
Young Adults (20-24)Auto Club Enterprises (AAA)$ 2,694
Young Adults (20-24)Allstate$ 3,239
Adults (25-55)USAA$ 1,047
Adults (25-55)Geico$ 1,210
Adults (25-55)Travelers$ 1,242
Adults (25-55)Nationwide$ 1,269
Adults (25-55)State Farm$ 1,325
Adults (25-55)Farmers$ 1,424
Adults (25-55)Auto Club Enterprises (AAA)$ 1,466
Adults (25-55)Progressive$ 1,573
Adults (25-55)Auto-Owners$ 1,613
Adults (25-55)Allstate$ 2,191
Seniors (60-75)USAA$ 1,001
Seniors (60-75)Geico$ 1,084
Seniors (60-75)Travelers$ 1,179
Seniors (60-75)Nationwide$ 1,190
Seniors (60-75)State Farm$ 1,215
Seniors (60-75)Farmers$ 1,328
Seniors (60-75)Auto Club Enterprises (AAA)$ 1,345
Seniors (60-75)Progressive$ 1,488
Seniors (60-75)Auto-Owners$ 1,516
Seniors (60-75)Allstate$ 2,162

USAA offers car insurance only to military members, veterans and their families.

Cheapest car insurance companies in Arkansas by driver profile

Drivers who have accidents or tickets are considered a higher risk and will pay more for insurance. 

However, the severity and frequency of the incidents also play a role in insurance rates. For instance, drivers with a single minor accident will see a smaller increase in their rates compared to those with multiple major accidents.

Below are average Arkansas rates by company for drivers with accidents and tickets on their driving record. 

cheap rates by company arkansas
Cheapest car insurance companies for tickets and accidents in Arkansas 
CompanyClean recordAccidentTicket
Geico$ 987$ 1,692$ 1,205
USAA*$ 1,073$ 1,565$ 1,305
Travelers$ 1,313$ 1,882$ 1,975
State Farm$ 1,318$ 1,527$ 1,423
Nationwide$ 1,371$ 2,339$ 1,479
Farmers$ 1,471$ 2,082$ 2,008
Auto Club Entreprises$ 1,599$ 2,760$ 2,327
Progressive$ 1,691$ 3,034$ 2,424
Auto-Owners$ 1,711$ 2,872$ 2,162
Allstate$ 2,218$ 3,266$ 2,583

*USAA offers car insurance only to military members, veterans and their families.

Compare auto insurance rates by city in Arkansas

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Arkansas.

CityAnnual insurance premium
Fayetteville
$1,875
El Dorado
$2,107
Elkins
$1,797
Jacksonville
$1,890
Little Rock
$2,064

Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.  

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