How Much are Insurance Quotes for Electric Cars in Arkansas?

This would be a quick read if we could simply tell you the one auto insurance company that has the lowest rates in Arkansas. It’s just not that easy, however, as there are many unknown factors like the amount of liability coverage you need, whether you are female or male, and if you have ever let your policy lapse, that help determine the price you have to pay. In this article, we will cover the best ways to avoid overpriced car insurance and also should give you a good beginning to your quest for cheaper car insurance.

Finding dependable, low-priced insurance is difficult, and deciding which insurers offer the cheapest car insurance rates for electric cars involves even more work. Each insurance company has their own process for determining rates, so let’s begin by taking a look at the most affordable car insurance companies in Arkansas.

It’s a good idea to be aware that Arkansas car insurance rates are impacted by many factors which can substantially change the price you have to pay. Events like turning one year older, having a teenage driver, or getting a few speeding tickets can produce rate changes that can now make some companies cheaper than competitors.

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USAA offers some of the cheapest car insurance rates in Arkansas at around $1,021 annually. Auto Club, Travelers, State Farm, and Southern Farm Bureau would also make the list of some of the lowest-priced Arkansas car insurance companies.

As the rates illustrate above, if you are insured with Travelers and switched to USAA, you might see savings of roughly $72. Insureds with State Farm could save as much as $190 a year, and Southern Farm Bureau policyholders might reduce rates by $192 a year.

Be aware that those policy prices are averaged across all drivers and vehicles and are not factoring in a rate decrease for electric cars. So the insurer that fits your needs best may not even be shown in the chart above. That emphasizes why you need to compare prices as often as possible using your own individual information.

The make and model of vehicle you are seeking coverage for is one of the largest factors that determines whether or not you find low-cost auto insurance for electric cars. Vehicles with higher performance, poor safety features, or a high likelihood of having liability claims will cost substantially more to insure than safer, lower-performance models. The table below ranks insurance prices for the more afforable automobiles to buy coverage for.

Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arkansas minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price estimates do not factor in vehicle location which can lower or raise auto insurance rates considerably.

Looking at the numbers, cars like the Toyota Prius, Ford Explorer, Honda Odyssey, Hyundai Santa Fe, and Ford Escape should be the more affordable vehicles to insure for eco-friendly vehicles.

Company comparison: Geico vs Progressive vs Allstate vs State Farm

When comparing auto insurance for eco-friendly vehicles in Arkansas, the companies that insure more vehicles than anyone else are Geico, Progressive, Allstate, and State Farm. The data below compares and contrasts some of the different options that are available.