What's the Average Cost of Auto Insurance in Arkansas?

The Zebra
Oct. 12, 2018

Car insurance is expensive in Arkansas. The average auto insurance rate in Arkansas is $1,458 per year — 2.1% more than the national average.

But auto insurance premiums are dictated by factors other than the state in which you live. Car insurance premiums incorporate an array of considerations, including one's driving record, credit history, gender, age, and marital status.

We assessed average Arkansas car insurance premiums by each of the primary pricing factors. Read on to see how much car insurance costs in your state — or enter your zip code to see unique prices from top car insurance companies.


Average Auto Insurance Rates in Arkansas by Age

It's impossible to avoid: as you age, your car insurance rates shift. As a general rule, car insurance is more expensive for young drivers, as car insurers see newer drivers as less responsible.

In Arkansas, car insurance costs $7,227 annually for a 16-year-old driver, compared to $1,287 annually for a driver between 50 and 59 years of age.


ARKANSAS CAR INSURANCE RATES BY AGE
Age Average Yearly Rate
16 $7,226.95
17 $6,491.75
18 $5,723.47
19 $3,472.86
20s $1,969.18
30s $1,421.01
40s $1,362.33
50s $1,287.14
60s $1,287.51
70s $1,533.09



Average Car Insurance Outlays in Arkansas by Gender

While gender doesn’t have as large an impact on car insurance prices as location or age, it is used as a rating factor. Men pay less than do women for car insurance in Arkansas, but the difference is only $8.95 per year.

ARKANSAS AUTO INSURANCE PREMIUMS FOR MEN AND WOMEN
Gender Average Yearly Rate
Male $1,455.71
Female $1,464.66



Mean Car Insurance Rates in Arkansas by Marital Status

One benefit of marriage — in addition to the honeymoon — is the price cut you may get on your auto insurance. In the state of Arkansas, married drivers save $154 annually on auto insurance. This is more than the national average of $76.


ARKANSAS AUTO INSURANCE RATES BY MARITAL STATUS
Marital Status Average Annual Rate
Single $1,455.71
Married $1,301.80
Divorced $1,455.71
Widowed $1,423.50



Average Car Insurance Prices in Arkansas by Credit Tier

Car insurance companies rely on credit history as a prediction of a potential customer's insurability. Historical trends demonstrate drivers who carry solid credit scores are often more dependable car insurance clients: they are less likely to file claims , saving insurance companies claims payout costs.

In Arkansas, a car insurance client who has exceptional credit can save $1,390.75 per year in car insurance premiums, compared to a driver saddled with a low credit score. Read more about how credit impacts car insurance rates:


ARKANSAS CAR INSURANCE EXPENDITURES BY CREDIT TIER
Credit Level Average Annual Rate
Very Poor (300-579) $2,671.16
Fair (580-669) $2,264.42
Good (670-739) $1,857.18
Very Good (740-799) $1,547.69
Exceptional (800-850) $1,280.41



Typical Auto Insurance Premiums for High-Risk Drivers in Arkansas

If you are defined as to be at fault for a car accident or convicted of an on-road offense, your auto insurance costs are going to rise. The more violations you accumulate, the more costly your car insurance gets.

In Arkansas, your first minor at-fault collision results in an additional $684.61 per year in auto insurance premiums. A DUI — among the most grievous vehicular violations — will grow your annual car insurance costs in Arkansas by as much as $551.21.


ARKANSAS CAR INSURANCE RATES WITH DRIVING OFFENSES
Age Average Yearly Premium
DWI/DUI $2,008.79
Reckless Driving $2,076.46
At-Fault Accident (<$1,000) $2,142.19
At-Fault Accident ($1,000-$2,000) $1,979.47
At-Fault Accident (>$2,000) $2,142.19
Open Container $1,931.35
Speeding (21-25 MPH > limit) $1,713.26
Speeding (16-20 MPH > limit) $1,676.28

If you are looking for a better deal on auto insurance, think about shopping to get affordable insurance coverage that covers your vehicle appropriately.


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