Arkansas Car Insurance

Drivers living in, or relocating to Arkansas must carefully consider all their options regarding car insurance. In order to secure the optimal amount of coverage, it is important that these drivers not only research and compare multiple quotes, but also that they choose an insurance policy based upon their specific driving habits.

Arkansas became America's twenty-fifth state thanks to the Louisiana Purchase from Napoleon Bonaparte. Since then, Arkansas has continued to thrive both culturally and economically. Today, Arkansas residents enjoy both the splendor of country living and the excitement of major cities like the capital Little Rock. However, it is important that current and future Arkansas residents take into account the importance of carrying the optimal amount of auto insurance. For example, one severe collision without the proper amount of coverage could financially ruin a driver. Although, with a little careful planning, and a lot of inquiry, it is possible for drivers in Arkansas to choose and maintain the proper amount of vehicle insurance without having to spend more than they should.

Minimum requirements

Each state, including Arkansas, requires drivers to possess and maintain a minimum amount of insurance. In Arkansas, these limits are 25/50/25. The first number in this series represents the amount of liability insurance a driver must possess to pay for the expenses of a single person involved in an accident. The second number represents the total amount given to all parties involved in the accident. Finally, the last number represents the amount of property damage covered in the insurance policy. However, before an insurance company pays for any damages, the policyholder must first pay their deductible.

The minimum insurance requirements set by Arkansas law, provides only minimum protection. This is why many drivers choose to increase these limits, as well as to amend their policy with additional coverage. To begin, new car owners should purchase comprehensive protection. This form of insurance insures a vehicle in the event of a fire, storm, vandalism, or theft. It is especially wise to carry comprehensive insurance if your car passes through dangerous neighborhoods or parks in unsecured areas. Arkansas drivers may also choose to carry collision insurance. This form of insurance protects drivers from the financial burden of an expensive collision regardless of fault. Finally, drivers may choose to purchase underinsured/uninsured motorist protection. This form of insurance protects drivers from motorists who do not carry sufficient insurance. This form of insurance is especially beneficial for newer, more expensive vehicles, as the state minimum of $25,000 for property damage is not always enough.

Statistics

Each year, the Arkansas State Police Highway Safety Office prepares a report documenting the effects of motor vehicle accidents. In 2006, Arkansas had 67,485 car accidents. Although this numbers is high, it is 2.9% lower than the previous year. Arkansas also reported 665 fatalities with 307 resulting from alcohol/drugs. Shockingly the number of alcohol/drug related deaths increased 24.3% from the previous year. All of these statistics enforce the fact that drivers in Arkansas need to employ defensive driving techniques as well as avoid common distractions like eating or talking on the phone while driving. These statistics also prove that anyone can be involved in an accident and that those with the right amount of insurance are the safest drivers on the road.

Discounts

There are many discounts available for Arkansas drivers. Below are some of the more popular ways to save money on an insurance premium. Of course, it is essential to inquire about discounts with each specific insurance provider, as they are all different.

Low mileage driver: Drivers who use their vehicle less than the state average are often eligible to receive a discounted premium.

Good student discount: If a student in your family receives above average grades, they can often qualify for a substantial discount.

Additional accessories: Most insurance companies offer discounts for vehicles that add approved safety devices like improved brake packages as well as theft prevention devices like car alarms and wheel locks.

Mature drivers: Once drivers reach a certain age, they qualify for a discount. Senior drivers may also qualify for low mileage discounts depending on their driving habits.

Diminishing deductibles: Many insurance companies offer their valued customers reduced deductible rates if that aren't involved in a collision over a set amount of time. Some companies even offer the potential of achieving a zero deductible if drivers consistently avoid collision.

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