Best car insurance companies in Arkansas: Travelers

Travelers is the best car insurance company in Arkansas, based on an analysis by Insurance.com, with an overall rating of 3.5. Nationwide, Geico, State Farm, and Progressive are also the top car insurance companies in Arkansas.

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.

CompanyAM BestJD PowerNAICInsurance.com scoreAverage Annual Premium
TravelersA++7970.493.5$1,442
NationwideA+7920.643.24$1,503
GeicoA++8190.913.18$1,794
State FarmA++8330.73.17$2,060
Shelter InsuranceA8511.183.06$1,690
ProgressiveA+8030.652.78$2,431
FarmersA8190.82.75$2,248
AllstateA+8060.652.65$2,729
Alfa CorporationA8120.232.59$3,225

Data updated in 2024
Read our full methodology

Cheapest car insurance companies in Arkansas: Travelers

Based on a rate analysis by Insurance.com, Travelers offers the cheapest full coverage car insurance in Arkansas that is open to all drivers, with an average annual rate of $1,442. However, USAA actually offers cheaper rates if you qualify, with average rates of $1,090 annually or $91 a month for full coverage, but eligibility criteria apply.

Geico provides the cheapest liability car insurance in Arkansas at $383 per year and is also the most affordable option for state minimum coverage at $285 per year.

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.

CompanyState minimum liability50/100/50 liability100/300/100 liability with $500 deductible
USAA$208$320$1,090
Travelers$432$566$1,442
Nationwide$402$590$1,503
Shelter Insurance$414$531$1,690
Geico$285$383$1,794
Southern Farm Bureau$337$546$1,926
State Farm$401$520$2,060
Farmers$556$908$2,248
Progressive$375$718$2,431
Allstate$629$785$2,729
Alfa Corporation$522$898$3,225

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

Data updated in 2024
Read our full methodology

Average cost of car insurance in Arkansas

The average cost of car insurance in Arkansas is $1,957 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 $397.

Auto insurance calculator

Average auto insurance rates in Arkansas
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
72201 - Little Rock
For a 30-year-old male
$49 State minimum
$187 Full coverage
$65 Liability only

Most & least expensive ZIP codes for auto insurance in Arkansas

Most Expensive

Zip CodeCityHighest Rate
71662Pickens$196
72312Barton$194
72390Helena-West Helena$194
72342Helena-West Helena$193

Least Expensive

Zip CodeCityLowest Rate
72758Rogers$149
72761Siloam Springs$149
72734Gentry$150
72756Rogers$150
Data updated in 2024
Read our full methodology

Arkansas car insurance requirements

You need car insurance with minimum coverage levels of 25/50/25 in Arkansas, which costs $391 each year or $33 each month.

Minimum liability insurance requirements for Arkansas:

  • Bodily injury liability (BI): $25,000 per person, $50,000 per accident
  • Property damage liability (PD): $25,000 per accident

Cheapest car insurance companies for minimum liability coverage in Arkansas

According to Insurance.com, Erie Insurance has the cheapest state minimum liability coverage at $263 per year or $22 each month. USAA offers cheaper rates but is available only to military veterans and their family members. 

Here are the most affordable car insurance companies for state minimum coverage in Arkansas.

State minimum auto insurance coverage in Arkansas, AR
Company Liability insurance premiumMonthly liability insurance premium
USAA*$207$17
Geico$263$22
Southern Farm Bureau$346$29
Progressive$371$31
Nationwide$396$33
State Farm$401$33
Shelter Insurance$414$34
Travelers$440$37
Alfa Corporation$452$38
Farmers$523$44
Allstate$629$52

*USAA offers coverage only to military veterans and their family

Data updated in 2024
Read our full methodology

Cheapest car insurance cost in Arkansas by age

company_name
Cheapest for teens
$3,779/yr
Learn more
company_name
Cheapest for adults
$1,464/yr
Learn more
company_name
Cheapest for seniors
$1,410/yr
Learn more

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

Travelers offer the cheapest car insurance for teen drivers in Arkansas at $3,779 per year for a full coverage policy. Teen drivers can get cheaper rates with USAA if they are eligible.

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, Travelers offers the cheapest full coverage car insurance for adult and senior drivers at $1,464 per year and $1,410 per year. Again, you can save more if you are eligible for USAA.

Compare car insurance rates by age

Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.

Age group
Teen
Age
16
Table
Graph
Southern Farm Bureau$4,332$361
Travelers$4,826$402
USAA$5,421$452
Nationwide$5,558$463
Shelter Insurance$6,628$552
State Farm$6,899$575
Geico$9,100$758
Alfa Corporation$10,065$839
Progressive$12,177$1,015
Farmers$14,854$1,238
Allstate$16,446$1,371
Yearly premium

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

Data updated in 2024
Read our full methodology

Cheapest car insurance companies in Arkansas by driver profile

company_name
Cheapest for at-fault accident
$2,058/yr
Learn more
company_name
Cheapest for DUI
$2,194/yr
Learn more
company_name
Cheapest for speeding ticket
$2,194/yr
Learn more

Drivers who have accidents or tickets are considered a higher risk and will pay more for insurance. The severity and frequency of the incidents also play a role in insurance rates. In Arkansas, Travelers provides the cheapest car insurance in Arkansas at $2,058 per year for drivers with an accident. USAA offers cheaper rates for drivers with an accident but has eligibility criteria.

State Farm offers the cheapest car insurance in Arkansas for drivers with a speeding ticket on their records at $2,194 per year. USAA offers cheaper rates for drivers with a speeding ticket but offers services only to military veterans and their family members.

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

CompanyClean RecordAccidentSpeeding Ticket
USAA$1,090$1,599$1,298
State Farm$2,060$2,361$2,194
Travelers$1,442$2,058$2,225
Nationwide$1,503$2,584$2,433
Geico$1,794$3,059$2,912
Allstate$2,729$3,984$3,150
Progressive$2,431$3,762$3,154
Farmers$2,248$3,567$3,941

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

Data updated in 2024
Read our full methodology

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
El Dorado
$2,107
Elkins
$1,797
Fayetteville
$1,875
Jacksonville
$1,890
Little Rock
$2,064
Data updated in 2024
Read our full methodology

Car insurance average rates increase most years and various factors contribute to these changes, including shifts in economic conditions, changes in state laws, and the number and severity of insurance claims.

That's why it's important to keep track of car insurance premiums to make better decisions. The graph below shows how insurance rates in Arkansas have increased or decreased from 2020 to 2023.

Whether you're planning to renew your policy with your current insurer or looking for a new one, this analysis is invaluable for making informed insurance choices.

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 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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