Arkansas Car Insurance – Auto Insurance Quotes in AR
Arkansas takes motor vehicle liability insurance very seriously and addresses it specifically in their highway safety program as a critical resource in the fight to reduce fatalities on Arkansas highways, and to meet statewide safety goals. If you fail to secure adequate car insurance, an accident can cost thousands of dollars on top of the legal penalties involved.
MyCarInsuranceRates.com is here to help make sure that motorists have the best car insurance. We have listed the car insurance requirements and regulations for the state of Arkansas to help consumers find the best car insurance.
Arkansas Car Insurance Requirements
Arkansas has established a tort system, requiring that one of the motorists involved in an auto accident be found at fault. What this means is that a driver will always be found at fault, and be liable for any damages caused. However, be aware that specific aspects of tort systems vary from state to state. Some motorists may find they need to carry more liability coverage than the minimums set by Arkansas to meet their own personal and financial needs while other drivers will deem the state minimum requirements to be sufficient.
Understanding Arkansas Car Insurance Liabilities & Coverage
My Car Insurance Rates is ready to help motorists understand what coverage they need and buy the right coverage to meet mandatory minimum Arkansas car insurance requirements. Arkansas requires a basic 25/50/25 minimum liability coverage. This means the insurance must cover at least bodily injury liability up to $25,000 per individual, and up to $50,000 for all injuries per accident, including medical expenses. Additionally, property damage liability of $25,000 is required as a minimum on all policies, covering private and public property damage. Some Arkansas drivers may also elect to carry higher levels of liability coverage or to carry uninsured/underinsured motorist coverage with their policies.
Arkansas Insurance Coverage
- Bodily Injury Liability: $25,000/$50,000 Limit
- Property Damage Liability: $25,000 Limit
Arkansas Car Insurance Laws & Regulations
Drivers are required to show proof of insurance in Arkansas whether or not they are at fault. Arkansas drivers are also required to show proof of insurance when a police officer asks to see it, and police may ask for proof of insurance when stopping a motorist for other traffic infractions. Insurance companies are required to report their car insurance policies to the state and to notify the state when the policy lapses. The state notifies a driver when they receive a notice of lapse and requires them to provide proof that they have re-insured the vehicle in a timely manner.
Insurance is not required for off-road vehicles or for non-registered, nonoperational vehicles. Drivers who fail to maintain minimum liability car insurance as required by the state face a $25 fine for the first offense, which can rise as high as $1,000 in subsequent offenses. Failing to provide proof of insurance will result in the driver’s vehicle registration being suspended.
Average Arkansas Car Insurance Rates
The average cost of car insurance policies in Arkansas is well below the national average. While nationally drivers pay an average of $1,538 for their policies, Arkansas drivers only pay $1,202. The average car insurance rates in Arkansas are 6% lower from 2009 to 2010, and in 2009, they fell by 4% from their 2008 levels. Drivers who have not compared car insurance rates in the last couple years may find they are overpaying for their insurance premiums.
Some drivers think that the car insurance companies fix the prices of their policies and are reluctant to shop for rates. In reality, prices vary substantially for the same car insurance coverage, so it always pays off to compare car insurance quotes online from several auto insurance companies and find the best and cheapest policy for you.
Arkansas Car Insurance Quotes
Arkansas car insurance rates have steadily gone down over the last two years, but not all policies offer drivers the same benefits for the same price. Getting the best price is simple with a quote from MyCarInsuranceRates.com. We help Arkansas drivers just like you find the best car insurance rates available every day.
It is easy to get the best, cheap car insurance premiums when reputable, reliable auto insurance companies, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA and AARP, compete for your business. There is no need to search the phone book and spend time talking to all of the insurance companies one by one when we can get their best offers for you with just a few clicks.
Enter your zip code to begin your free car insurance quote online.
