Who Has the Cheapest Car Insurance Quotes for Uninsured Drivers in Arkansas?

You have most likely seen the ads from insurers like GEICO and Liberty Mutual promising the cheapest price, so drivers just need to choose any one of them, right?

It’s not quite that easy, unfortunately, as there are a whole bunch of unknowns like if you have a tendency to get into accidents, the safety ratings of your vehicle, and if you are requesting full coverage. This article will discuss the different ways to avoid overpaying and will give you a good beginning to your quest for cheaper car insurance in Arkansas.

Determining which company offers the lowest-priced auto insurance rates for uninsured drivers calls for more time in order to find coverage that fits your buget. Each insurance company has a proprietary method for determining rates in each state, so let’s take a look at the lowest cost auto insurance companies in Arkansas.

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USAA normally has some of the best car insurance rates in Arkansas at around $991 a year. Auto Club, Travelers, Southern Farm Bureau, and State Farm would also make the list of some of the lowest-priced Arkansas insurance companies.

As depicted above, if you currently have coverage with Travelers and switched to USAA, you might achieve an annual savings of in the neighborhood of $146. Customers with Southern Farm Bureau may save as much as $198 a year, and State Farm insureds might lower prices by $220 a year.

To see if your current coverage is too expensive, click here to start a quote or visit any of the companies below.

It’s important to note that these premiums are averages across all drivers and vehicles and are not factoring in a rate decrease for uninsured drivers. So the car insurance company that is most affordable for your situation may not even be included in the rate chart shown above. That affirms the importance of why you need to get rate quotes using your own driver information and specific vehicle type.

One of the more important things that affect the amount you pay for auto insurance is where you choose to live in Arkansas. Cities with larger populations like Little Rock, North Little Rock, and Texarkana are more likely to pay higher prices, whereas areas with less crime or weather claims benefit from having to pay less for coverage.

The illustration below ranks the most expensive places in Arkansas for uninsured drivers in which to purchase auto insurance.

Information shown are comparative as the specific geographic location can modify price quotes substantially.

The vehicle you are buying coverage for is one of the largest factors when looking for the best cheap car insurance for uninsured drivers. Vehicles with reasonable performance levels, good safety features, or a low likelihood of liability claims will cost less to insure than higher performance models. The next table ranks auto insurance premiums for some of the most budget-friendly automobiles to buy coverage for.

Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in specific zip code location which can decrease or increase coverage prices noticeably.

Looking at the numbers, we can conclude that models like the Honda Accord, Ford F-150, Ford Edge, and Ford Escape will definitely be a few of the more affordable vehicles to insure for drivers with no prior coverage.

The illustration below highlights how deductible choice can impact premium costs when searching for cheap insurance for uninsured drivers. The costs are based on a married female driver, full physical damage coverage, and no discounts are factored in.

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In the chart above, a 50-year-old driver could save $232 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $350 by switching to a $1,000 deductible. Younger drivers, like the 20-year-old example, could save up to $574 annually by choosing larger deductibles on their policy.

If you do make the decision to raise your deductibles, it’s a good idea to have enough savings set aside to be able to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

How to find the cheapest car insurance for uninsured drivers in Arkansas

It is possible to find better rates, and here are some of the recommended thrifty suggestions that can help you locate lower-cost coverage.

• If possible, do not file small claims
• Buy vehicles with five-star safety ratings
• Buying car and homeowners insurance together can save money
• Do not pay for comprehensive and collision coverage on older vehicles
• Being accident-free can lower rates significantly
• Serious violations like DUI or reckless driving can increase rates dramatically
• Compare rates regularly and switch companies to save money

The last tip in the list is certainly vital, as was noted in the prior information. Insurance prices change frequently, so don’t be tentative to switch companies if a cheaper rate is available.

Sticking with a specific company is fine, but it isn’t a good idea if that faithfulness ends up costing you lots of money. Take a few minutes and compare rates to find cheaper car insurance for uninsured drivers.