The Cheapest Car Insurance in Arkansas for 2022

NerdWallet analyzed auto insurance rates to find you the cheapest car insurance in Arkansas or a variety of ages and driving histories.
Dec 9, 2021

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Auto insurance is an important purchase, but finding cheap car insurance in Arkansas isn’t always easy. That’s why it’s important to compare rates from multiple insurers.

The average cost of full coverage car insurance in Arkansas is $1,920 per year, or about $160 per month, according to NerdWallet’s analysis. Minimum coverage in Arkansas is $507 per year on average, but we found you can likely get a cheaper policy. For example, Southern Farm Bureau Casualty offers the cheapest rates in Arkansas at $263 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in the country where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

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Cheapest car insurance company overall in Arkansas

Southern Farm Bureau Casualty

$83/month

Not yet rated.

Cheapest for minimum coverage

Southern Farm Bureau Casualty

$22/month

Not yet rated.

Cheapest for young drivers

Southern Farm Bureau Casualty

$135/month

Not yet rated.

Cheapest for drivers with poor credit

Southern Farm Bureau Casualty

$83/month

Not yet rated.

How we chose the cheapest companies in Arkansas

NerdWallet’s editorial team analyzed car insurance rates from 19 auto insurers in Arkansas and found the five cheapest options for drivers in several age brackets and with different histories, all driving a 2019 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Arkansas. For full coverage, we used the below coverage limits:

  • $100,000 bodily injury liability per person.

  • $300,000 bodily injury liability per accident.

  • $50,000 property damage liability per accident.

  • $100,000 uninsured motorist coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Arkansas for 20-year-olds

Drivers in Arkansas with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $1,623 per year, or about $135 per month.

  2. State Farm: $2,489 per year, or about $207 per month.

  3. Cameron Mutual: $2,804 per year, or about $234 per month.

  4. Farmers: $2,807 per year, or about $234 per month.

  5. Shelter: $2,886 per year, or about $240 per month.

Cheapest minimum coverage car insurance in Arkansas for 20-year-olds

Drivers in Arkansas who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $564 per year, or about $47 per month.

  2. Geico: $657 per year, or about $55 per month.

  3. State Farm: $738 per year, or about $62 per month.

  4. Trexis: $782 per year, or about $65 per month.

  5. Auto Club of SoCal: $862 per year, or about $72 per month.

Cheapest auto insurance in Arkansas for 20-year-olds with poor credit

Drivers with poor credit in Arkansas should look at the following insurers with the lowest average rates for minimum coverage:

  1. Trexis: $782 per year, or about $65 per month.

  2. Southern Farm Bureau Casualty: $936 per year, or about $78 per month.

  3. Geico: $1,029 per year, or about $86 per month.

  4. Columbia: $1,198 per year, or about $100 per month.

  5. Allstate: $1,324 per year, or about $110 per month.

Cheapest auto insurance in Arkansas for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Arkansas, here are the companies with the lowest average rates for minimum coverage:

  1. Southern Farm Bureau Casualty: $759 per year, or about $63 per month.

  2. Geico: $906 per year, or about $76 per month.

  3. State Farm: $956 per year, or about $80 per month.

  4. Cameron Mutual: $1,040 per year, or about $87 per month.

  5. Trexis: $1,113 per year, or about $93 per month.

Cheapest auto insurance in Arkansas for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. Southern Farm Bureau Casualty: $712 per year, or about $59 per month.

  2. Geico: $989 per year, or about $82 per month.

  3. Progressive: $1,051 per year, or about $88 per month.

  4. Dairyland: $1,097 per year, or about $91 per month.

  5. Trexis: $1,106 per year, or about $92 per month.

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Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Arkansas for 30-year-olds

Drivers in Arkansas with clean driving records may get the lowest rates from these companies:

  1. Southern Farm Bureau Casualty: $1,006 per year, or about $84 per month.

  2. State Farm: $1,283 per year, or about $107 per month.

  3. Farmers: $1,437 per year, or about $120 per month.

  4. Auto-Owners: $1,531 per year, or about $128 per month.

  5. Columbia: $1,553 per year, or about $129 per month.

Cheapest minimum coverage car insurance in Arkansas for 30-year-olds

Drivers in Arkansas who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $268 per year, or about $22 per month.

  2. Geico: $314 per year, or about $26 per month.

  3. State Farm: $323 per year, or about $27 per month.

  4. Columbia: $380 per year, or about $32 per month.

  5. Auto-Owners: $382 per year, or about $32 per month.

Cheapest auto insurance in Arkansas for 30-year-olds with poor credit

Drivers with poor credit in Arkansas should consider the following companies with the lowest average rates for full coverage:

  1. Southern Farm Bureau Casualty: $1,819 per year, or about $152 per month.

  2. Columbia: $1,862 per year, or about $155 per month.

  3. Say Insurance: $2,152 per year, or about $179 per month.

  4. Farmers: $2,198 per year, or about $183 per month.

  5. Nationwide: $2,300 per year, or about $192 per month.

Cheapest auto insurance in Arkansas for 30-year-old drivers with one at-fault crash

For drivers in Arkansas with a recent accident, here are the lowest average rate options for full coverage:

  1. Southern Farm Bureau Casualty: $1,282 per year, or about $107 per month.

  2. State Farm: $1,589 per year, or about $132 per month.

  3. Cameron Mutual: $1,887 per year, or about $157 per month.

  4. Farmers: $1,973 per year, or about $164 per month.

  5. Columbia: $2,089 per year, or about $174 per month.

Cheapest auto insurance in Arkansas for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Southern Farm Bureau Casualty: $1,185 per year, or about $99 per month.

  2. State Farm: $1,809 per year, or about $151 per month.

  3. Farmers: $1,911 per year, or about $159 per month.

  4. Progressive: $2,251 per year, or about $188 per month.

  5. Cameron Mutual: $2,292 per year, or about $191 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Arkansas for 40-year-olds

Drivers in Arkansas with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $969 per year, or about $81 per month.

  2. State Farm: $1,249 per year, or about $104 per month.

  3. Shelter: $1,251 per year, or about $104 per month.

  4. Farmers: $1,373 per year, or about $114 per month.

  5. Columbia: $1,437 per year, or about $120 per month.

Cheapest minimum coverage car insurance in Arkansas for 40-year-olds

Drivers in Arkansas who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $261 per year, or about $22 per month.

  2. Geico: $305 per year, or about $25 per month.

  3. State Farm: $323 per year, or about $27 per month.

  4. Columbia: $370 per year, or about $31 per month.

  5. Progressive: $386 per year, or about $32 per month.

Cheapest auto insurance in Arkansas for 40-year-olds with poor credit

Drivers with poor credit in Arkansas can check out the following insurers with the lowest average rates for full coverage:

  1. Columbia: $1,726 per year, or about $144 per month.

  2. Southern Farm Bureau Casualty: $1,778 per year, or about $148 per month.

  3. Say Insurance: $2,003 per year, or about $167 per month.

  4. Farmers: $2,110 per year, or about $176 per month.

  5. Trexis: $2,130 per year, or about $178 per month.

Cheapest auto insurance in Arkansas for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Arkansas, here are the companies with the lowest average rates for full coverage:

  1. Southern Farm Bureau Casualty: $1,232 per year, or about $103 per month.

  2. State Farm: $1,551 per year, or about $129 per month.

  3. Cameron Mutual: $1,636 per year, or about $136 per month.

  4. Farmers: $1,917 per year, or about $160 per month.

  5. Columbia: $1,956 per year, or about $163 per month.

Cheapest auto insurance in Arkansas for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Southern Farm Bureau Casualty: $1,139 per year, or about $95 per month.

  2. State Farm: $1,766 per year, or about $147 per month.

  3. Farmers: $1,854 per year, or about $154 per month.

  4. Cameron Mutual: $1,980 per year, or about $165 per month.

  5. Progressive: $2,109 per year, or about $176 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap car insurance companies is a good place to start.

Cheapest full coverage car insurance in Arkansas for 50-year-olds

Drivers in Arkansas with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $939 per year, or about $78 per month.

  2. Shelter: $1,068 per year, or about $89 per month.

  3. State Farm: $1,213 per year, or about $101 per month.

  4. Farmers: $1,227 per year, or about $102 per month.

  5. Columbia: $1,317 per year, or about $110 per month.

Cheapest minimum coverage car insurance in Arkansas for 50-year-olds

Drivers in Arkansas who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Southern Farm Bureau Casualty: $256 per year, or about $21 per month.

  2. Geico: $287 per year, or about $24 per month.

  3. State Farm: $323 per year, or about $27 per month.

  4. Columbia: $338 per year, or about $28 per month.

  5. Progressive: $345 per year, or about $29 per month.

Cheapest auto insurance in Arkansas for 50-year-olds with poor credit

Drivers with poor credit in Arkansas can check with the following companies, which showed the lowest average rates for full coverage:

  1. Columbia: $1,578 per year, or about $132 per month.

  2. Say Insurance: $1,685 per year, or about $140 per month.

  3. Southern Farm Bureau Casualty: $1,723 per year, or about $144 per month.

  4. Farmers: $1,887 per year, or about $157 per month.

  5. Trexis: $1,921 per year, or about $160 per month.

Cheapest auto insurance in Arkansas for 50-year-old drivers with one at-fault crash

For drivers living in Arkansas with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Southern Farm Bureau Casualty: $1,191 per year, or about $99 per month.

  2. Cameron Mutual: $1,474 per year, or about $123 per month.

  3. State Farm: $1,508 per year, or about $126 per month.

  4. Farmers: $1,802 per year, or about $150 per month.

  5. Columbia: $1,833 per year, or about $153 per month.

Cheapest auto insurance in Arkansas for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Southern Farm Bureau Casualty: $1,101 per year, or about $92 per month.

  2. State Farm: $1,717 per year, or about $143 per month.

  3. Farmers: $1,735 per year, or about $145 per month.

  4. Cameron Mutual: $1,781 per year, or about $148 per month.

  5. Progressive: $1,884 per year, or about $157 per month.

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Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap auto insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Arkansas for 60-year-olds

Drivers in Arkansas with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $889 per year, or about $74 per month.

  2. Shelter: $1,068 per year, or about $89 per month.

  3. State Farm: $1,139 per year, or about $95 per month.

  4. Farmers: $1,142 per year, or about $95 per month.

  5. Cameron Mutual: $1,231 per year, or about $103 per month.

Cheapest minimum coverage car insurance in Arkansas for 60-year-olds

Drivers in Arkansas who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $232 per year, or about $19 per month.

  2. Geico: $299 per year, or about $25 per month.

  3. State Farm: $307 per year, or about $26 per month.

  4. Progressive: $339 per year, or about $28 per month.

  5. Columbia: $351 per year, or about $29 per month.

Cheapest auto insurance in Arkansas for 60-year-olds with poor credit

Drivers with poor credit in Arkansas can look at the following companies with the lowest average rates for full coverage:

  1. Columbia: $1,621 per year, or about $135 per month.

  2. Southern Farm Bureau Casualty: $1,631 per year, or about $136 per month.

  3. Say Insurance: $1,685 per year, or about $140 per month.

  4. Farmers: $1,758 per year, or about $146 per month.

  5. Nationwide: $1,858 per year, or about $155 per month.

Cheapest auto insurance in Arkansas for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Arkansas, here are the companies with the lowest average rates for full coverage:

  1. Southern Farm Bureau Casualty: $1,123 per year, or about $94 per month.

  2. Cameron Mutual: $1,374 per year, or about $114 per month.

  3. State Farm: $1,417 per year, or about $118 per month.

  4. Farmers: $1,722 per year, or about $144 per month.

  5. Auto-Owners: $1,947 per year, or about $162 per month.

Cheapest auto insurance in Arkansas for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Southern Farm Bureau Casualty: $1,037 per year, or about $86 per month.

  2. State Farm: $1,620 per year, or about $135 per month.

  3. Farmers: $1,655 per year, or about $138 per month.

  4. Cameron Mutual: $1,660 per year, or about $138 per month.

  5. Progressive: $1,824 per year, or about $152 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 39 of the 48 driver profiles we examined.

Minimum required auto insurance in Arkansas

Arkansas car insurance policies must include:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per incident.

  • $25,000 property damage liability per incident.

If you ever cause a crash, liability insurance pays for other people’s injuries and property damage, up to your limit. The minimum limits in Arkansas might not cover costs after an expensive car accident, so consider buying more coverage.

See NerdWallet’s guide to minimum car insurance requirements by state.

Alternative car insurance in Arkansas

If you’re labeled a high-risk driver because of past crashes, DUIs or other factors, you may have trouble getting auto insurance on the traditional market. As an alternative, you can apply for a policy through the Arkansas Automobile Insurance Plan.

NerdWallet can make it easy to find coverage at a competitive price. Use our car insurance comparison tool to view rates from top insurers in Arkansas.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following coverage limits:

  • $100,000 bodily injury liability per person.

  • $300,000 bodily injury liability per accident.

  • $50,000 property damage liability per accident.

  • $100,000 uninsured motorist coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2019 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 60 years old in ten-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different.

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