Like all but a tiny handful of states, Arkansas requires every person who drives a car or motorized vehicle to purchase auto insurance. The minimum liability insurance in Arkansas that a driver must carry is $25,000 bodily injury per person, $50,000 per accident, and an additional $25,000 in property insurance. However, if you own a newer vehicle or a very expensive model and your vehicle is financed, your lender may require that you carry more than the state-required minimum coverage.
Arkansas also has a system in place to keep track of every single registered vehicle in the state: the moment any vehicle becomes uninsured, the state of Arkansas has the ability to revoke that vehicle’s registration, rendering that vehicle illegal to drive. In other words, Arkansas is serious about drivers purchasing auto insurance, and since in the state you have to purchase insurance in order to drive on public roads, it just makes sense to search around to get the best rates.
But before you jump online and start looking for great car insurance rates in the Natural State, there are a few simple steps you can take that will ensure you get the best possible rates.
Start by driving safely and legally. In other words, speeding tickets and other moving violations are going to shoot your automobile insurance premiums sky high. And if you are convicted of Driving Under the Influence (DUI) or of Driving While Intoxicated (DWI), you can forget finding great rates on your auto insurance for a minimum of three years.
Younger drivers are considered a bad risk and so their insurance premiums are traditionally higher than most other drivers’ rates. However, if you are under 25 and still in school, and you can maintain at least a 3.0 grade point average, then you may qualify for a discount on your insurance and save anywhere from 5 to 15 percent each and every month, depending on your policy.
Older drivers can get a break as well. If you’re 55 or older, you may be able to take a special driver’s refresher course and save as much as 10 percent on your monthly premium. Not all insurance companies offer this discount, so check with your agent.
If you only drive a few miles each week, talk to your agent about a low mileage discount – there’s no point paying for car insurance when your car’s just sitting in the garage. If you have a garage that you can keep your car in at night, then you may qualify for an additional discount.
Is your car an older model? If your car no longer has any Kelly Blue Book value, you may want to discontinue paying for comprehensive and collision insurance since your insurance company won’t pay off on such coverage anyway.
And before you buy that brand new expensive muscle car, be sure to check with your agent regarding just how much it’s going to cost you in insurance premiums each month. When it comes to how much your insurance is going to cost, not all cars are created equal – some cost a lot more to insure than others.
How much of a deductible can you afford? The more you can afford to pay out of your own pocket any time you have a claim – and so the less your insurance company is going to pay – the less your insurance company will charge you each month for the coverage.
Now it’s time to go online and check out the prices of auto insurance policies offered by different insurance companies. Remember, no one website compares all of the different insurance companies, so if you really want the very best rates on car insurance, you are going to have to spend a little extra time and compare prices from various reputable websites such as AutoInsuranceWorld.net. The extra time you take will be well worth the savings on your insurance premiums that will add up over time.
So what are you waiting for? Get your free car insurance quote at the top of this page!