Arkansas is among the states where auto insurance premiums are substantially lower than the national average. The 2011 average annual premium for car insurance in Arkansas is $1,184 compared with an average of $1,440 for the entire United States.

Annual Changes

The present premium remains basically unchanged compared to the beginning of 2010 as well as to the average premium charged that year. It is predicted that the rates in Arkansas will indeed remain stable at a level similar to the present one. There is no fixing of auto insurance prices in Arkansas, and any insurer is free to use its own criteria to determine how much to charge each driver. By using our site to monitor prices and to request periodic quotes, consumers can be assured of obtaining the best possible prices for Arkansas auto insurance coverage.

Seasonal Changes

Seasonal fluctuations were mostly minor, with no changes of more than $50 between months. The only exception was the sharp peak in prices that took place in June, 2010 when prices reached an average of $1293 per year. While compared to other states this change was rather minor, it does show that there is a possibility for price changes even in a state which is known for stable insurance rates.

Insurance Requirements

Minimum insurance requirements in Arkansas include personal liability coverage of $25,000 per person and a $50,000 limit per accident, and minimum property damage liability coverage is $25,000. However, Arkansas works under a tort system, where one party must be judged responsible for any accident and that party is then held liable for the entire cost of the accident. Higher limits are strongly recommended to protect assets in the event of a lawsuit. Coverage to protect against damage caused by an uninsured or under-insured driver is available in Arkansas. Although such coverage is not mandatory, it is usually recommended.

Advice for Getting the Best Deals

Arkansas car insurers include both major national insurers and smaller regional insurers. Each company has a different way of setting rates for different drivers and cars. Experts recommend obtaining multiple quotes from reliable insurance companies that are rated A or higher by A. M. Best. Consulting the J. D. Power ratings is also advised for obtaining accurate consumer service related information.

Using our site to monitor rates and periodically obtain new quotes is the best way to get the lowest rates for car insurance in Arkansas.