Which has the best cheap car insurance in Arkansas?
There are quite a few affordable car insurance options in Arkansas, though rates might be higher than other states thanks to Arkansas’ no-fault laws. In a basic sense, this system says that if you’re involved in an accident, both drivers will file their own insurance claims with an insurance company. These no-fault laws also requires a type of insurance coverage called PIP, or Personal Injury protection.
No matter what state you live in, you should be shopping around when getting car insurance. Given the fact that each insurance company prices everyone’s policy differently, you’ll want to get quotes from several different companies to make sure you’re getting the best policy for your money.
Who has the best cheap car insurance in Arkansas?
Here are the best insurance companies for drivers with good credit (or credit scores of 670 to 739), along with the average premium for a single adult driver.
- USAA car insurance: $1,054 per year
- Farmers car insurance: $1,159 per year
- State Farm car insurance: $ 1,214 per year
And those with excellent credit scores above 800 will get the best rates of all, with USAA leading as the most affordable.
- USAA car insurance: $933 per year
- Farmers car insurance: $956 per year
- State Farm car insurance: $ 999 per year
And for drivers with poor credit, Shelter Mutual insurance company offers the lowest rates. However, drivers with poor credit scores will pay the most for premiums.
- Shelter Mutual car insurance: $1,949 per year
- Farmers car insurance: $2,019 per year
- GEICO car insurance: $2,178 per year
Who gets the best cheap car insurance in Arkansas?
As the average figures by Consumer Reports show above, those with the best credit scores will get the best rates. But, there are other factors as well, including things like where you live within Arkansas and other personal factors.
Generally, the cheaper the policy you get, the higher the deductible will be, and the less coverage you’ll get. By shopping around, you can make sure that you get the most coverage for your money.