Best Cheap Auto Insurance for Drivers Under 21 in Arkansas

The cost and performance of the vehicle driven is one of the primary factors when comparing quotes for the best cheap auto insurance for drivers under 21 in Arkansas. Vehicles with limited top-end speed, a great safety record, or low incidents of liability claims will cost much less to insure than fast, unsafe models. The data below outlines insurance prices for the cheaper vehicles to buy insurance for.

Cost estimates assume single female driver age 18, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in zip code location which can modify rates significantly.

Data based on single female driver age 18, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in garaging location in Arkansas which can alter insurance rates considerably.

Data based on single female driver age 18, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in zip code location which can increase or decrease coverage prices noticeably.

Establishing which company offers the best car insurance rates for drivers under 21 will involve a bit more effort in order to find the lowest price.

Each company has a unique approach to set premium rates, so let’s examine the most budget-friendly car insurance companies in Arkansas. Keep in mind that Arkansas car insurance rates are influenced by many factors which can substantially change the cost of having a policy. Improving your credit score, buying a home instead of renting, or getting a couple of tickets may generate price changes resulting in some companies being more affordable than others.

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Auto Club generally has some of the best car insurance rates in Arkansas at around $1,005 a year. USAA, Travelers, Southern Farm Bureau, and State Farm also make the cut as some of the more affordable Arkansas car insurance companies.

In the above rates, if you currently have a policy with Southern Farm Bureau and switched to Auto Club, you might realize yearly savings of in the neighborhood of $172. Arkansas drivers with State Farm could save as much as $219 a year, and Columbia Insurance customers might see rate reductions of $254 a year.

It’s important to note that these estimates are averages across all ages of drivers and types of vehicles and do not factor in a rate increase for drivers under 21. So the insurer that is most affordable for your situation may not even be included in the above rate chart. That illustrates why you need to compare rates from multiple companies using your own driver data and vehicle information.

When shopping for insurance for minors, one of the many components that impact the cost of insurance is your zip code in Arkansas. Cities with larger populations like Little Rock, West Memphis, and Bryant will most likely have higher rates, whereas areas with less crime or weather claims tend to receive slightly lower rates.

The information below shows the most costly cities in Arkansas for drivers under 21 in which to purchase auto insurance.

Price information shown is estimated as the specific area where the vehicle is garaged can affect premiums greatly.

Geico, Progressive, Allstate, and State Farm: Who is best?

When shopping around for auto insurance for minors in Arkansas, four companies to consider are Geico, Progressive, Allstate, and State Farm. Combined they have almost half of all policies written in the United States. The data below rates ratings for price and service, as well as some optional coverages you can expect with each one.

Who has the cheapest insurance quotes for minors?

Consumers have many ways to find cheap car insurance in Arkansas, but the most common are from an independent insurance agent, an exclusive insurance agency like Auto-Owners or State Farm, or buying direct from a company like Geico or Progressive. They all follow the same basic process, but they differ in how they provide rate quotes.

Independent insurance agencies have contracts with many companies and can compare rates with all of them. These types of agents do not write with just one company and can quote rates with many companies, which may provide you with improved odds of finding cheaper coverage. If premiums increase, the agent simply finds a different carrier and you do not have to find a new agent.

An exclusive agent is restricted to one company, examples being Farmers Insurance or State Farm agents. This type of agents cannot provide other companys’ prices, so you need to shop around if the rates are high.

Buying from a direct company means bypass local agents and instead buy direct either online or via phone. This car insurance option may be a decent choice families who do not need advice for asset protection and know what coverages they need.

When shopping for car insurance, which way works best for finding the best cheap auto insurance for drivers under 21 in Arkansas? We wish we could say buying direct yields the cheapest rates because you bypass the agent, but that does not always hold true. An argument could also be made that using an independent agent guarantees the lowest rates since they can provide multiple quotes, but again, it’s not a sure thing. In many circumstances, the exclusive agents have very competitive rates that cannot be beaten by either independent or direct companies.

Because of the variability of car insurance rates, the best method to get the lowest rate is to get quotes and compare. Be sure to get price quotes from independent, exclusive, and direct to get an idea of which is cheapest. For a list of companies offering online discounts in Arkansas, click here to view.