How the Car Insurance Calculator Can Help You Save Money

Arkansas Car Insurance Calculator

Car insurance rates in Arkansas depend on various factors, including your age, driving record and vehicle type. But it’s essential for drivers to remember there are steps they can take to lower their rates and save money regardless of which company or coverage they select – like maintaining a clean driving history, monitoring credit scores and taking advantage of discounts and policy features to decrease rates and save money.

Arkansas drivers pay on average around $1,525 annually for full coverage auto insurance policies that include liability, collision and comprehensive protection with a $500 deductible. This average rate is 13% below the national average of $1,730. Individual rates depend on various rating factors so it is always wise to compare car insurance quotes before committing to buying coverage.

Arkansas auto insurance costs vary significantly by ZIP code due to varying accident and theft rates in different cities and towns, insurers’ expenses such as repair bills and medical bills can have an effect on premiums; typically drivers living in major cities such as Little Rock or Fort Smith typically pay lower annual premiums than drivers living in more suburban neighborhoods.

Young drivers in Arkansas face higher rates for car insurance due to their inexperience behind the wheel. Once they turn 25, rates typically decrease significantly and it is worth shopping around to find the best deal. Drivers aged 16-19 should consider staying on their parents’ policy or adding a rider that will reduce overall cost of coverage.

Arkansas insurers consider drivers with DUI convictions high-risk drivers and likely file more claims in the future, often raising premiums 58% on average. Furthermore, severity and frequency of driving incidents and whether they were your fault can also have an impact on rates.

Other factors that could impact Arkansas car insurance rates include your gender, vehicle make and model, driving history, credit score and location. Maintaining a clean driving record by avoiding speeding tickets and accidents as well as increasing deductibles to decrease monthly payments is one way of lowering rates; you could also consider additional coverage such as personal injury protection (PIP) and medical payments coverage (MedPay).

Nationwide provides Arkansas car owners with competitive car insurance rates at reasonable premiums, offering add-ons such as gap coverage and vanishing deductibles, as well as uninsured/underinsured motorist coverage for drivers who do not carry enough coverage or cannot afford it themselves. They have an A+ rating from Better Business Bureau (BBB) with superior customer service as well as various discounts like military and good student.