Auto Insurance in Arkansas
The average car insurance cost in Arkansas is $1,750 per year for full coverage. Arkansas requires minimum liability coverage of 25/50/25. The state's uninsured driver rate is 9.5%, which is below the national average of 12.6%.
Top auto insurers in Arkansas: State Farm, Shelter Insurance, GEICO. We recommend comparing quotes from at least 5 companies, as rates can vary by 50% or more between insurers for the same driver profile.
Home Insurance in Arkansas
Homeowners insurance in Arkansas averages $2,190 per year for $300,000 in dwelling coverage. This is above the national average of $1,820/year. Rates are influenced by natural disaster risk, construction costs, and local claim frequency in the South region.
Health Insurance in Arkansas
The average individual health insurance premium in Arkansas is approximately $510/month before subsidies through the ACA marketplace. Many Arkansas residents qualify for premium tax credits that reduce this cost to $50-$200/month.
Minimum Insurance Requirements
Arkansas requires all drivers to carry minimum liability insurance of 25/50/25. This means: $25,000 per person for bodily injury, $50,000 per accident total for bodily injury, and $25,000 for property damage per accident. While these minimums are legally sufficient, most financial advisors recommend 100/300/100 coverage.
Top Insurance Companies in Arkansas
The largest and most popular insurance companies in Arkansas include:
- State Farm — Market leader in Arkansas
- Shelter Insurance — Competitive rates and strong service
- GEICO — Popular choice with good coverage options