Cheapest Car Insurance in Arkansas 2026

When should you carry minimum coverage vs. full coverage?

A full coverage policy is the better option for many car owners, as it provides a broad range of coverage. We recommend choosing minimum coverage only if you don’t have any assets to protect in a lawsuit, have a low income and need low-cost car insurance. 

If you buy the minimum amount of liability insurance in Arkansas, you can quickly find yourself underinsured if you cause an accident that causes damage or injuries to others that exceed your limit. 

A minimum-coverage policy in Arkansas also doesn’t include insurance for your vehicle, but a full coverage policy provides collision insurance and comprehensive insurance. These coverages help pay to repair or replace your vehicle if it’s stolen or damaged by problems such as weather, flooding, wildfires and more. 

Consider a full coverage policy with high liability limits of 100/300/100 or more. You can also get an umbrella insurance policy for liability coverage above your auto and homeowners insurance.

Arkansas car insurance discounts

Arkansas law mandates that auto insurance companies provide these car insurance discounts: 

• Rate reduction for college graduates. If you are under age 25 and have graduated from a college or university and have a cumulative grade of B or higher or grade point average of 3.0 or higher, your insurer must apply an “appropriate reduction in premium charges.” This discount does not apply if you are receiving a rate reduction for marriage. 
• Older-adult discount. This discount is for those age 55 or older who complete a qualifying accident-prevention course. The discount is good for three years and is renewable by completing another course. 

How to get the cheapest auto insurance rate

There are many strategies to get the best car insurance in Arkansas at a competitive rate.

• Improve your credit. In Arkansas, you’re permitted to request a rerun of your credit and a rate adjustment no more than once a year. Insurers are required to complete a new credit check once every 36 months, so if your credit has improved lately it’s worth asking for a re-rating. 
• Ask about additional discounts. You might qualify for additional discounts since you first purchased your policy. For example, if your child is away at college and doesn’t use the car while away, you might qualify for a student-away-at-school discount. 
• Increase your deductibles. Increasing your collision insurance and comprehensive car insurance deductibles will lower your rates, but it also means you’ll receive less of a payout if you file a claim. 
• Drop collision and comprehensive coverage. The maximum claim payment you can receive after a collision or comprehensive coverage claim is the actual cash value of your vehicle (minus your deductible). If your car is older or not worth much, you might consider dropping collision and comprehensive coverages if the claim payout wouldn’t be worth it for the premiums you’re paying.
• Compare quotes. It’s a good idea to periodically compare car insurance quotes to ensure you’re getting the best car insurance at a favorable price. 
• Ask whether rates can go up before you enroll in usage-based insurance. Usage-based insurance (UBI) programs use telematics to track driving behavior. These programs typically give you a discount for signing up, and you might get another discount based on your driving. However, some UBI programs will raise rates if you get a poor driving score. Before signing up for UBI, ask if your rates could rise based on the data collected.
• Try pay-per-mile insurance if you have low mileage. With pay-per-mile auto insurance you’re charged a base rate plus a per-mile rate, which could help you save money on car insurance if you drive infrequently.