The typical driver in Little Rock pays $162 per month for auto insurance. Are you paying too much?
The typical Little Rock driver pays $1,946 per year for auto insurance. That's more expensive than the average in Arkansas ($1,698) and more expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other common factors in Little Rock.
|Little Rock Average (per year)||Arkansas Average||U.S. Average|
One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. For a typical driver, Liberty Mutual offers Little Rock's cheapest rates. See below the best options for affordable auto insurance in Little Rock. Don't forget to get car insurance quotes based on your driving profile.
|Company||Average Yearly Rate|
|Southern Farm Bureau||$1,680|
The age group that pays the least for car insurance in Little Rock are drivers in their 50s ($1,704 per year). Rates for Little Rock drivers in their 60s are also relatively affordable, at just $1,764 per year.
Teen drivers pay Little Rock's most expensive auto insurance rates. One of the most effective ways to lower your car insurance rates as a driver in Little Rock is to age out of your teens. In Little Rock, teenage drivers pay $7,298 — a full $5,534 more than the second-most expensive rate paid by an age group.
|Age bracket||Average Yearly Rate|
In some cases, a driver's gender and marital status may influence the car insurance rates they pay. In most places, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Little Rock pay $210 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Little Rock, single drivers pay more than those who are widowed.
Gender is another factor that can affect auto insurance rates. In Little Rock, female drivers pay $3 per year more than do male drivers for car insurance.
|Marital Status/Gender||Average Annual Rate|
Maintaining a clean driving record is an effective way to minimize your auto insurance costs. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to expensive auto insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.
Little Rock drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $912 per year versus the city average. A ticket for speeding results in a $561 rate hike while a DWI or DUI violation costs $815per year in extra insurance expenditures.
|Citation||Average Annual Rate|
|At-fault Accident (damages < $1,000)||$2,778|
|At-fault Accident (damages greater than $2,000)||$2,980|
|Speeding Ticket (16-20 mph over speed limit)||$2,507|
Credit score is often closely correlated with car insurance costs. In Little Rock, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 53% drop in car insurance costs. Moving into the "Fair" credit tier from the "Very Poor" level is one of the most impactful steps a driver can take in pursuit of better car insurance rates. In Little Rock, improving your credit to "Fair" corresponds with a $1,115 decrease in annual car insurance rates.
|Credit Score||Average Annual Rate|