Who Has Cheap Auto Insurance for Welfare Recipients in Arkansas?

Finding good, low-cost auto insurance is hard enough, and figuring out which company has the most affordable car insurance rates for welfare recipients requires even more diligence. Every insurance provider has their own formula for establishing rates, so to begin we’ll rank the overall cheapest car insurance companies in Arkansas.

Best Cheap Insurance Rates in Arkansas

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Auto Club offers some of the best car insurance rates in Arkansas at around $1,015 per year. USAA, Travelers, Southern Farm Bureau, and State Farm would also be considered some of the best Arkansas car insurance companies.

In the above example, if you have coverage with Southern Farm Bureau and switched to Auto Club, you may see yearly savings of approxmiately $210. Drivers with State Farm might save as much as $233 a year, and Safeco customers might reduce prices by as much as $250 a year.

Understand that those premium estimates are averages across all drivers and vehicles in Arkansas and and are not figured with a price discount for welfare recipients. So the insurer that is best for you may not even be shown in the company chart above. That points out the importance of why you need to get auto insurance quotes using your own personal information and vehicle type.

For drivers on welfare, one of the more important components that is used to calculate rate quotes is where you keep your vehicle. Cities with larger populations or higher claims like Little Rock, El Dorado, and Texarkana tend to pay more, whereas more rural areas benefit from lower coverage costs.

The next table displays the most expensive places in Arkansas for welfare recipients to purchase car insurance in.

Rate quotes are approximated as zip code location can raise or lower insurance rates noticeably.

The make and model of vehicle you are insuring is probably the most important factor when shopping around for cheap car insurance for welfare recipients in Arkansas. Vehicles with limited speed and performance, excellent safety ratings, or a low likelihood of having liability claims will cost less to insure than high performance models. The next lists showcases car insurance prices for a selection of the most economical automobiles to buy insurance for.

Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arkansas minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Rate information does not factor in specific location information which can impact coverage prices considerably.

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arkansas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Estimates do not factor in specific location information which can raise or lower auto insurance rates considerably.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arkansas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate quotes do not factor in garaging location in Arkansas which can modify rates greatly.

Discounts on Arkansas insurance rates

Auto insurance companies that provide cheap car insurance for welfare recipients in Arkansas may additionally offer rate discounts that can reduce rates by 40% or more if you are eligible to receive them. A few popular companies and some of the premium reductions they offer can be found below.

The illustration below illustrates the comparison of yearly insurance costs with and without discounts applied to the policy rates. The costs are based on a female driver, no accidents or driving violations, Arkansas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second shows the rates with homeowner, safe-driver, anti-theft, vehicle safety, multiple policy, and claim-free discounts applied. When discounts are factored in, the the amount saved on car insurance for welfare recipients is % or $.

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

If you want reliable auto insurance for drivers on welfare, some of the largest companies to start with are Progressive, Allstate, Geico, and State Farm. When combined, they have about half of the entire U.S. market share. The data below compares some of the different options that are available.

How to find budget-friendly car insurance for welfare recipients

Below you’ll find some of the recommended thrifty solutions that can help you find lower-cost coverage.

• Save money by observing traffic laws and speed limits
• Older vehicles may not need full coverage
• Bundle home or renters insurance to earn a discount on car insurance
• Earn a discount by not filing claims
• Vehicles with good safety ratings have lower liability rates
• Avoid having at-fault accidents
• Check for cheaper rates once a year

The last tip is especially valuable, as we pointed out in this piece. Insurance rates can change significantly in a year, so don’t be afraid to buy a different policy if a cheaper price is available. Staying with the same car insurance company is fine, but is isn’t recommended if it’s costing you lots of hard earned cash every month. Take a couple minutes and compare rates and find cheaper auto insurance for welfare recipients.

Who has the cheapest insurance quotes for drivers on welfare?

There are quite a few ways to comparison shop for car insurance in Arkansas, but the most prevalent ways are from an exclusive agency like Auto-Owners or State Farm, an independent or non-exclusive agent, or buying direct from a company like Geico or Progressive. All three ways can provide car insurance quotes, but it’s good to know the differences in how they function.

Independent insurance agents work with multiple companies and can do rate comparisons with every one. Agents of this type can provide multiple price quotes, which can give you a better chance of finding cheaper coverage. If prices rise, an independent agent can move your coverage and you do not have to find a new agent.

A captive or exclusive agent is restricted to one insurance company like a Liberty Mutual or State Farm agent. Exclusive agents cannot place coverage with different providers, so drivers will want to get other quotes as well.

Buying from a direct company means skip a local insurance agent and instead shop from a direct company like Esurance. Shopping direct can be good for families who do not need complex risk management and have some degree of understanding of what specific coverages and deductibles they need.

What is the best way to find cheap car insurance for welfare recipients in Arkansas? The obvious answer would be buying direct saves the most money since it doesn’t require paying agent commissions, but unfortunately, it’s not that simple. A valid argument could also be made that buying from an independent agent results in the cheapest rates since there are more companies to choose from, but that assumption is also not accurate. In some circumstances, exclusive agencies have really good rates that cannot be met by either independent or direct companies.

Since car insurance prices are based on many different factors, really the best method to ensure you are not overpaying for car insurance is to get as many comparison quotes as possible. We highly recommend getting prices from all three in order to be able to find the lowest price. For a list of companies offering online discounts, click here to view.