How Much Does Car Insurance Cost for a 20 Year Old Female in Arkansas?

It’s impossible to miss the captivating ads from companies like Liberty Mutual, Nationwide, and The General that guarantee dirt cheap rates, so drivers just need to pick the company with the cutest commercial, right?

It’s just not that simple, as there are many unknown factors such as what level of deductibles you wish to have, if you had any at-fault accidents in the last few years, your credit rating, and if you rent or own your home, that all influence how much you pay for auto insurance. This article will discuss the best ways to maintain low rates and should give you a good start to your coverage search.

When buying insurance for young women, one of the key considerations that insurance companies take into consideration when calculating the cost of insurance is where you normally keep your vehicle in Arkansas. Areas that are more densely populated like Hot Springs, Pine Bluff, and Bryant are more likely to have higher rates, whereas less populated areas can boast about having cheaper rates.

The table below shows the higher priced cities in Arkansas for 20 year old women to buy auto insurance in.

Premium amounts are approximated as the specific area where the vehicle is garaged can affect coverage rates considerably.

Trying to find cost effective auto insurance is not always easy, and determining which company has the best car insurance rates for 20 year old women takes even more rate comparisons. Rates could be much higher than the average rate in Arkansas, with the extra cost attributed to the higher likelihood of claims that comes with offering coverage for young women, but economical coverage may be available if you compare enough companies. Each company has a unique formula to determine rates, so let’s take a look at the most affordable car insurance companies in Arkansas.

It’s important to understand that Arkansas car insurance rates are impacted by many factors which can substantially decrease or increase the price of coverage. Improving your credit rating, buying a new vehicle, or getting into an accident can trigger rate changes that may make certain companies more affordable than before.

Lowest Insurance Price Quotes for Women Age 20

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USAA offers some of the cheapest car insurance rates in Arkansas at around $1,021 per year. Auto Club, Travelers, Southern Farm Bureau, and State Farm would also make the list of some of the more affordable Arkansas insurance companies.

As shown above, if you buy coverage from Auto Club and switched to USAA, you might achieve a yearly price reduction of upwards of $14. Customers with Travelers could save as much as $83 a year, and Southern Farm Bureau customers might realize rate reductions of up to $168 a year.

Bear in mind that those premiums are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a rate increase for 20 year old women. So the auto insurance company that fits you best may not even be in the list above. That points out the importance of why you need to get auto insurance quotes using your own specific driver and vehicle information.

Which auto insurance company is best?

When researching car insurance for young women in Arkansas, four of the best places to start are Geico, State Farm, Progressive, and Allstate. Combined they make up over 48% of the entire U.S. market share. The next table points out ratings for price, service, and claims, in additional to some of the optional coverages that are available from each company.