The Cheapest Car Insurance in Arkansas for March 2024

Geico offers the cheapest car insurance in Arkansas, with an average annual rate of $1,501 for full coverage
Ben Moore
By Ben Moore 
Updated

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Auto insurance is an important purchase, but finding cheap car insurance in Arkansas isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Arkansas is Geico at $1,501 per year on average, or $125 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Arkansas. Meanwhile, the average cost of full coverage car insurance in Arkansas is $2,095 per year, or about $175 per month.

Minimum coverage in Arkansas is $494 per year on average, but we found you can likely get a cheaper policy. For example, State Farm offers the cheapest rates in Arkansas at $324 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

How we chose the cheapest companies in Arkansas

NerdWallet’s editorial team analyzed car insurance rates from 17 auto insurers in Arkansas and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 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.

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 Arkansas 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.

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. Geico: $2,606 per year, or about $217 per month.
  2. Southern Farm Bureau: $3,336 per year, or about $278 per month.
  3. Cameron Mutual: $3,574 per year, or about $298 per month.
  4. Auto-Owners: $3,630 per year, or about $302 per month.
  5. Trexis: $3,991 per year, or about $333 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. Geico: $697 per year, or about $58 per month.
  2. Trexis: $795 per year, or about $66 per month.
  3. State Farm: $990 per year, or about $82 per month.
  4. Southern Farm Bureau: $1,029 per year, or about $86 per month.
  5. Progressive: $1,062 per year, or about $89 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: $795 per year, or about $66 per month.
  2. Geico: $1,027 per year, or about $86 per month.
  3. Progressive: $1,520 per year, or about $127 per month.
  4. Columbia: $1,556 per year, or about $130 per month.
  5. Shelter: $1,629 per year, or about $136 per month.

Cheapest auto insurance in Arkansas for 20-year-old drivers with one speeding ticket

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

  1. Geico: $730 per year, or about $61 per month.
  2. Trexis: $1,068 per year, or about $89 per month.
  3. State Farm: $1,132 per year, or about $94 per month.
  4. Cameron Mutual: $1,142 per year, or about $95 per month.
  5. Southern Farm Bureau: $1,143 per year, or about $95 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. Geico: $1,043 per year, or about $87 per month.
  2. Trexis: $1,160 per year, or about $97 per month.
  3. Progressive: $1,258 per year, or about $105 per month.
  4. State Farm: $1,260 per year, or about $105 per month.
  5. Southern Farm Bureau: $1,385 per year, or about $115 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. Progressive: $1,141 per year, or about $95 per month.
  2. Trexis: $1,152 per year, or about $96 per month.
  3. Geico: $1,285 per year, or about $107 per month.
  4. Southern Farm Bureau: $1,299 per year, or about $108 per month.
  5. State Farm: $1,497 per year, or about $125 per month.

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

  1. Geico: $1,537 per year, or about $128 per month.
  2. Shelter: $1,690 per year, or about $141 per month.
  3. State Farm: $1,708 per year, or about $142 per month.
  4. Auto-Owners: $1,710 per year, or about $143 per month.
  5. Cameron Mutual: $1,718 per year, or about $143 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. State Farm: $325 per year, or about $27 per month.
  2. Geico: $337 per year, or about $28 per month.
  3. Auto-Owners: $405 per year, or about $34 per month.
  4. Shelter: $447 per year, or about $37 per month.
  5. Columbia: $458 per year, or about $38 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. Geico: $2,303 per year, or about $192 per month.
  2. Shelter: $2,517 per year, or about $210 per month.
  3. Trexis: $2,773 per year, or about $231 per month.
  4. Cameron Mutual: $2,844 per year, or about $237 per month.
  5. Columbia: $3,124 per year, or about $260 per month.

Cheapest auto insurance in Arkansas for 30-year-old drivers with one speeding ticket

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

  1. State Farm: $372 per year, or about $31 per month.
  2. Geico: $397 per year, or about $33 per month.
  3. Cameron Mutual: $512 per year, or about $43 per month.
  4. Columbia: $530 per year, or about $44 per month.
  5. Southern Farm Bureau: $546 per year, or about $46 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. Shelter: $1,998 per year, or about $167 per month.
  2. Cameron Mutual: $2,082 per year, or about $174 per month.
  3. State Farm: $2,108 per year, or about $176 per month.
  4. Auto-Owners: $2,393 per year, or about $199 per month.
  5. Travelers: $2,616 per year, or about $218 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. Cameron Mutual: $2,338 per year, or about $195 per month.
  2. State Farm: $2,393 per year, or about $199 per month.
  3. Southern Farm Bureau: $2,434 per year, or about $203 per month.
  4. Shelter: $2,529 per year, or about $211 per month.
  5. Travelers: $3,033 per year, or about $253 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. Shelter: $1,474 per year, or about $123 per month.
  2. Geico: $1,501 per year, or about $125 per month.
  3. Cameron Mutual: $1,538 per year, or about $128 per month.
  4. State Farm: $1,661 per year, or about $138 per month.
  5. Auto-Owners: $1,669 per year, or about $139 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. State Farm: $332 per year, or about $28 per month.
  2. Geico: $333 per year, or about $28 per month.
  3. Shelter: $395 per year, or about $33 per month.
  4. Auto-Owners: $408 per year, or about $34 per month.
  5. Trexis: $441 per year, or about $37 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. Shelter: $2,156 per year, or about $180 per month.
  2. Geico: $2,263 per year, or about $189 per month.
  3. Trexis: $2,498 per year, or about $208 per month.
  4. Cameron Mutual: $2,536 per year, or about $211 per month.
  5. Columbia: $2,892 per year, or about $241 per month.

Cheapest auto insurance in Arkansas for 40-year-old drivers with one speeding ticket

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

  1. State Farm: $380 per year, or about $32 per month.
  2. Geico: $388 per year, or about $32 per month.
  3. Cameron Mutual: $452 per year, or about $38 per month.
  4. Shelter: $506 per year, or about $42 per month.
  5. Columbia: $514 per year, or about $43 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. Shelter: $1,710 per year, or about $143 per month.
  2. Cameron Mutual: $1,852 per year, or about $154 per month.
  3. State Farm: $2,047 per year, or about $171 per month.
  4. Auto-Owners: $2,335 per year, or about $195 per month.
  5. Travelers: $2,502 per year, or about $208 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. Cameron Mutual: $2,074 per year, or about $173 per month.
  2. Shelter: $2,187 per year, or about $182 per month.
  3. State Farm: $2,312 per year, or about $193 per month.
  4. Southern Farm Bureau: $2,330 per year, or about $194 per month.
  5. Progressive: $2,757 per year, or about $230 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 auto 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. Shelter: $1,260 per year, or about $105 per month.
  2. Geico: $1,411 per year, or about $118 per month.
  3. Cameron Mutual: $1,440 per year, or about $120 per month.
  4. Auto-Owners: $1,569 per year, or about $131 per month.
  5. State Farm: $1,589 per year, or about $132 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. Geico: $328 per year, or about $27 per month.
  2. State Farm: $331 per year, or about $28 per month.
  3. Shelter: $332 per year, or about $28 per month.
  4. Trexis: $369 per year, or about $31 per month.
  5. Auto-Owners: $378 per year, or about $32 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. Shelter: $1,863 per year, or about $155 per month.
  2. Geico: $2,137 per year, or about $178 per month.
  3. Trexis: $2,276 per year, or about $190 per month.
  4. Cameron Mutual: $2,370 per year, or about $198 per month.
  5. Columbia: $2,614 per year, or about $218 per month.

Cheapest auto insurance in Arkansas for 50-year-old drivers with one speeding ticket

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

  1. State Farm: $376 per year, or about $31 per month.
  2. Geico: $383 per year, or about $32 per month.
  3. Cameron Mutual: $422 per year, or about $35 per month.
  4. Shelter: $426 per year, or about $36 per month.
  5. Columbia: $464 per year, or about $39 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. Shelter: $1,468 per year, or about $122 per month.
  2. Cameron Mutual: $1,726 per year, or about $144 per month.
  3. State Farm: $1,965 per year, or about $164 per month.
  4. Auto-Owners: $2,186 per year, or about $182 per month.
  5. Travelers: $2,377 per year, or about $198 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. Shelter: $1,863 per year, or about $155 per month.
  2. Cameron Mutual: $1,932 per year, or about $161 per month.
  3. State Farm: $2,222 per year, or about $185 per month.
  4. Southern Farm Bureau: $2,236 per year, or about $186 per month.
  5. Progressive: $2,533 per year, or about $211 per month.

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 car 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. Shelter: $1,240 per year, or about $103 per month.
  2. Cameron Mutual: $1,380 per year, or about $115 per month.
  3. Geico: $1,422 per year, or about $119 per month.
  4. State Farm: $1,475 per year, or about $123 per month.
  5. Auto-Owners: $1,510 per year, or about $126 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. State Farm: $307 per year, or about $26 per month.
  2. Shelter: $325 per year, or about $27 per month.
  3. Geico: $344 per year, or about $29 per month.
  4. Trexis: $368 per year, or about $31 per month.
  5. Auto-Owners: $376 per year, or about $31 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. Shelter: $1,825 per year, or about $152 per month.
  2. Geico: $2,145 per year, or about $179 per month.
  3. Trexis: $2,231 per year, or about $186 per month.
  4. Cameron Mutual: $2,274 per year, or about $190 per month.
  5. Nationwide: $2,651 per year, or about $221 per month.

Cheapest auto insurance in Arkansas for 60-year-old drivers with one speeding ticket

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

  1. State Farm: $351 per year, or about $29 per month.
  2. Cameron Mutual: $406 per year, or about $34 per month.
  3. Geico: $408 per year, or about $34 per month.
  4. Shelter: $416 per year, or about $35 per month.
  5. Southern Farm Bureau: $477 per year, or about $40 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. Shelter: $1,441 per year, or about $120 per month.
  2. Cameron Mutual: $1,656 per year, or about $138 per month.
  3. State Farm: $1,828 per year, or about $152 per month.
  4. Auto-Owners: $2,109 per year, or about $176 per month.
  5. Southern Farm Bureau: $2,280 per year, or about $190 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. Shelter: $1,828 per year, or about $152 per month.
  2. Cameron Mutual: $1,856 per year, or about $155 per month.
  3. State Farm: $2,061 per year, or about $172 per month.
  4. Southern Farm Bureau: $2,103 per year, or about $175 per month.
  5. Progressive: $2,435 per year, or about $203 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Arkansas for 70-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. Shelter: $1,392 per year, or about $116 per month.
  2. Cameron Mutual: $1,442 per year, or about $120 per month.
  3. Geico: $1,531 per year, or about $128 per month.
  4. State Farm: $1,537 per year, or about $128 per month.
  5. Auto-Owners: $1,700 per year, or about $142 per month.

Cheapest minimum coverage car insurance in Arkansas for 70-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. State Farm: $333 per year, or about $28 per month.
  2. Shelter: $369 per year, or about $31 per month.
  3. Southern Farm Bureau: $417 per year, or about $35 per month.
  4. Columbia: $428 per year, or about $36 per month.
  5. Cameron Mutual: $438 per year, or about $37 per month.

Cheapest auto insurance in Arkansas for 70-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. Shelter: $2,032 per year, or about $169 per month.
  2. Geico: $2,271 per year, or about $189 per month.
  3. Trexis: $2,332 per year, or about $194 per month.
  4. Cameron Mutual: $2,394 per year, or about $200 per month.
  5. Columbia: $2,598 per year, or about $217 per month.

Cheapest auto insurance in Arkansas for 70-year-old drivers with one speeding ticket

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

  1. State Farm: $381 per year, or about $32 per month.
  2. Cameron Mutual: $438 per year, or about $37 per month.
  3. Southern Farm Bureau: $464 per year, or about $39 per month.
  4. Shelter: $473 per year, or about $39 per month.
  5. Geico: $481 per year, or about $40 per month.

Cheapest auto insurance in Arkansas for 70-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. Shelter: $1,612 per year, or about $134 per month.
  2. Cameron Mutual: $1,752 per year, or about $146 per month.
  3. State Farm: $1,897 per year, or about $158 per month.
  4. Southern Farm Bureau: $2,271 per year, or about $189 per month.
  5. Auto-Owners: $2,443 per year, or about $204 per month.

Cheapest auto insurance in Arkansas for 70-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. Cameron Mutual: $1,968 per year, or about $164 per month.
  2. Shelter: $2,061 per year, or about $172 per month.
  3. Southern Farm Bureau: $2,095 per year, or about $175 per month.
  4. State Farm: $2,142 per year, or about $179 per month.
  5. Progressive: $2,879 per year, or about $240 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 three auto insurance options for 68 of the 70 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 2021 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

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. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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