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If you're looking for the best and cheapest car insurance in El Dorado, then you're in luck. Our team of experts at Insurance.com has analyzed major auto insurance carriers across El Dorado and prepared this guide for you.

The average cost of auto insurance in El Dorado for full coverage is $1,552 per year for the profile of a 30-year-old driver. However, your rates will vary depending on your driving record, age, and the amount of coverage you purchase.

The following guide will help you find the best car insurance companies in El Dorado. It also includes information on carriers with high customer satisfaction rates, as well as their respective insurance premium for your specific needs and situation.

Cheapest car insurance companies in El Dorado

According to a study by Insurance.com, the cheapest car insurance companies in El Dorado for 2023 are USAA and Geico.

USAA is the cheapest option for most El Dorado drivers, with an average annual rate of $1,119.

Car insurance cost may vary in El Dorado based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in El Dorado

CompaniesAverage Annual Rates
USAA$1,119
Geico$1,227
Nationwide$1,332
Travelers$1,356
Farmers$1,397
State Farm$1,440
Auto Club Enterprises (AAA)$1,498
Progressive$1,631
Auto-Owners$2,249
Allstate$2,274

Cheapest car insurance cost in El Dorado by Age Group

The cheapest auto insurance company in El Dorado for teen drivers is USAA. For full coverage, its average annual rate for El Dorado drivers is $3,737. Insurance companies put teenagers in the category of high-risk drivers, and as a result they are charged higher rates for insurance.

However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on your parents' car insurance policy for as long as possible.

USAA is the cheapest car insurance company for young adults. It offers full coverage auto insurance for young drivers in El Dorado at about $1,692 per year.

You'll find that car insurance rates are much lower by the time drivers reach their 30s than they are for drivers in their 20s. The cheapest auto insurance company for adult drivers in El Dorado is the USAA. Its average rate for a full coverage car insurance policy is $1,148 per year.

If you are a senior driver in El Dorado and looking for a cheap car insurance company, then consider buying insurance from the Geico. It is the cheapest auto insurance company for senior drivers with an average premium of $1,074 per year.

CompaniesAdultsSeniorsTeensYoung Adults
Allstate$2,303$2,275$9,112$3,708
Auto Club Enterprises (AAA)$1,527$1,388$7,539$2,884
Auto-Owners$2,334$2,142$6,896$3,808
Farmers$1,395$1,345$6,218$1,981
Geico$1,237$1,074$4,043$1,929
Nationwide$1,355$1,291$5,404$2,538
Progressive$1,673$1,629$8,071$2,791
State Farm$1,475$1,326$4,313$2,516
Travelers$1,407$1,355$4,016$2,173
USAA$1,148$1,095$3,737$1,692

Cheapest car insurance companies in El Dorado by driver profile

Car insurance rates in El Dorado vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.

To find the cheapest car insurance company in El Dorado, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.

Here are some of the cheapest car insurance companies in El Dorado based on driver profile.

Cheapest for a driver with poor credit: Geico

The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for El Dorado drivers at about $1,664 per year.

Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit score.

CompaniesAverage Annual Rates
Geico$1,664
USAA$2,162
Nationwide$2,171
Farmers$2,257
Travelers$2,583
Auto Club Entreprises$2,702
Progressive$2,996
Allstate$3,639
Auto-Owners$7,243
State Farm$7,433

Cheapest for drivers with a speeding ticket: Geico

Geico offers the cheapest auto insurance rates for drivers with a speeding ticket in El Dorado. It offers full coverage car insurance for drivers age 30 at about $1,332 per year.

Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs.

CompaniesAverage Annual Rates
Geico$1,332
USAA$1,357
State Farm$1,518
Nationwide$1,528
Farmers$1,917
Travelers$2,163
Auto Club Entreprises$2,244
Progressive$2,361
Allstate$2,658
Auto-Owners$3,212

Cheapest auto insurance after an at-fault accident: State Farm

State Farm is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in El Dorado is $1,616. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.

CompaniesAverage Annual Rates
State Farm$1,616
USAA$1,657
Geico$1,814
Travelers$2,044
Farmers$2,057
Nationwide$2,425
Auto Club Entreprises$2,624
Progressive$3,008
Allstate$3,338
Auto-Owners$3,910

Cheapest auto insurance after a DUI: Geico

Geico is the carrier that offers cheap auto insurance rates in El Dorado for drivers after a DUI. Its average annual rate for full coverage is $1,311.

If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.

CompaniesAverage Annual Rates
Geico$1,311
State Farm$1,518
Farmers$1,976
Progressive$2,033
USAA$2,184
Travelers$2,221
Auto Club Entreprises$2,612
Allstate$3,026
Nationwide$4,396
Auto-Owners$5,044

Average car insurance cost in El Dorado

The average car insurance rate in El Dorado for full coverage is $1,552 per year or $129 a month. These rates are for coverage level of 100/300/100. Whereas the average rate for state minimum coverage in El Dorado is $368 per year.

You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies.

Average Annual RatesState Minimum Average
$1,552$368

Methodology

Insurance.com commissioned 2022 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2022.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 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.

Compare auto insurance rates by city in Arkansas

Hope
$1,505/year
Hot Springs
$1,457/year
Newport
$1,373/year
Sherwood
$1,410/year
West Memphis
$1,548/year

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