How Much is Car Insurance for College Graduates in Arkansas?

When the topic is auto insurance, the words “affordable” or “cheap” should not be used anywhere to describe car insurance rates. The fact is, cheap auto insurance for college graduates is just plain contradictory. But fear not, because we will tell you how you can find insurance that is considered budget-friendly.

Deciding which insurers offer the most affordable auto insurance rates for college graduates will require a tad more effort than just picking a company at random.

Every insurance company used slightly different criteria for establishing rates, so let’s look at the rankings for the lowest cost auto insurance companies in Arkansas. It’s important that you understand Arkansas auto insurance rates are based on many factors that will increase or decrease the price of your policy. Improving your credit score, having a teen driver, or getting a ticket for running a stop sign can trigger price changes that can make some companies cheaper than competitors.

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USAA offers some of the best car insurance rates in Arkansas at around $981 a year. Auto Club, Travelers, State Farm, and Southern Farm Bureau would also make the list of some of the lowest-priced Arkansas car insurance companies.

In the above rates, if you are a customer of State Farm and switched to USAA, you may realize annual savings of in the vicinity of $243. Customers with Southern Farm Bureau might save as much as $244 a year, and Columbia Insurance customers might see rate reductions of $291 a year.

Bear in mind that those policy rates are averages for all types of drivers and the different vehicles they drive and do not take into consideration a price decrease for college graduates. So the company that can offer you the best price may not even be in the rate chart shown above. That’s why you need to compare rates from as many companies as possible using your own personal information and vehicle type.

The vehicle that is being insured is probably the largest consideration that determines whether or not you can buy cheap car insurance for college graduates in Arkansas. Vehicles with lower acceleration and performance, good safety features, or a positive history of liability claims will cost quite a bit less to insure than high performance models. The next lists estimates car insurance costs for the cheaper automobiles to buy insurance for.

Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Table data does not factor in specific Arkansas garaging location which can revise insurance rates noticeably.

Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Rates do not factor in Arkansas location which can influence prices noticeably.

Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Price information does not factor in zip code location which can affect premiums substantially.

For college grads, one of the more important factors that helps car insurance companies calculate a rate quote is where you choose to live in Arkansas. Cities with larger populations like Little Rock, El Dorado, and North Little Rock tend to pay higher rates, whereas areas with less congestion generally pay less for car insurance.

The illustration below illustrates the more expensive cities in Arkansas for college graduates to purchase car insurance in.

Price information shown is comparative as specific Arkansas garaging address can alter coverage prices noticeably.

Ending up with the right car insurance provider can be rather challenging considering how many companies there are to choose from in Arkansas. The ranking information displayed below could help you choose which providers you want to consider when looking for cheaper rates. These rankings only include the largest companies in the United States, so smaller regional companies are not included in these rankings.

Which major car insurance company is best?

When comparing car insurance for college grads in Arkansas, four companies to take a look at are Allstate, Progressive, State Farm, and Geico. The following table ranks some of the different options that you can purchase from each one.

How to find cheap car insurance for college graduates in Arkansas

It’s not impossible to find cheaper rates, and here are some money-saving solutions that can help Arkansas drivers locate low-cost coverage.

• Avoid filing excessive claims
• Raise physical damage deductibles
• Insure your home and auto with the same company
• Do not pay for full coverage if not needed
• Buy vehicles with five-star safety ratings
• Improve your credit score
• Shop around once a year for cheaper rates

The last suggestion is extraordinarily significant, as we noted in the article above. Insurance prices go up and down frequently, so don’t be tentative to switch companies if you find a better deal.

Brand loyalty is not necessarily bad, but it isn’t a good idea if your bullheadedness ends up costing you big bucks every year. Spend a few minutes and compare rates to find cheaper car insurance for college graduates.