Cars and Trucks

Car Insurance in Fayetteville, Arkansas: Everything You Need to Know

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Arkansas requires all drivers to purchase and carry auto insurance. Arkansas’s state minimums include liability coverage, which pays for injuries and damages to a third party when you are at fault for an accident. If you are caught driving without car insurance in Fayetteville, Arkansas, you’ll face registration suspensions and fines.

These are the Arkansas state minimum auto insurance requirements:

  • Bodily injury liability: $25,000 per person and $50,000 per accident
  • Property damage liability: $25,000 per person

    Although state minimums will allow you to drive legally and are usually the cheapest option, it isn’t enough to protect you financially. Liability insurance won’t cover your injuries or damages to your vehicle. AutoInsuranceEZ recommends drivers in Fayetteville with new or expensive vehicles buy better liability limits than the legal requirements and add additional coverages.

    Fayetteville Auto Insurance Costs by Insurer

    One of the biggest factors in your annual auto insurance rates is the company that provides your insurance. These are the best insurance providers in Fayetteville per The Zebra:

    • Shelter: $1612
    • Travelers: $1115
    • Safeco: $1291
    • USAA: $1154
    • Progressive: $1804
    • Allstate: $3132
    • State Farm: $1362
    • Auto-Owners: $1491
    • Southern Farm Bureau: $1384
    • State Auto: $1535

      Fayetteville Auto Insurance Premiums by Driver Age

      Teen drivers pay the highest monthly rates by age group. The average monthly premiums for teen drivers is $318, which is less than most experienced policyholders in other states. Aging into your 20s will see your car insurance rates drop by $111. Insurance companies charge younger drivers more because they have less driving experience than their middle-aged counterparts.

      As people hit their 30s they get a lower cost of insurance at $210 per month. Drivers tend to receive lower auto insurance prices as they age until they get to their 80s. Drivers in their 80s pay $82 more than those in their 70s, who have the lowest rates.

      These are the average monthly premiums by age group from Insurify:

      • Teens: $319
      • 20s: $208
      • 30s: $172
      • 40s: $146
      • 50s: $131
      • 60s: $189
      • 70s: $98
      • 80s: $180

        Fayetteville Car Insurance Premiums by Gender and Marital Status

        Getting married won’t net you any better auto insurance rates. Single drivers see no significant difference in their premiums compared to married couples. However, married drivers can get a discount by bundling their car insurance policies together.

        Most insurance companies don’t account for gender when determining your annual car insurance rates. The ones that do aren’t consistent with who pays more, but none charge men or women more than a few dollars extra.

        Average Fayetteville Insurance Rates After a Violation or Accident

        Keeping out of accidents and traffic tickets will result in lower insurance premiums. Those with serious tickets or violations pay much more than drivers with a clean record. Insurance providers can drop you from your policy completely after an at-fault accident or a severe citation.

        Take a look at the average annual rates for drivers with a common violation in Fayetteville:

        • At-Fault accident: $2148
        • Driving with a suspended license: $2266
        • Failure to provide documents: $1496
        • Failure to yield: $1842
        • Operating a vehicle without permission: $1847
        • Driving without headlights: $1496
        • Speeding in a school zone: $1811
        • Racing: $2276
        • Tailgating: $1923
        • Passing a school bus: $1967
        • Illegal turn: $1924
        • Distracted driving: $1829
        • Improper passing: $1921
        • Failure to use child seats: $1496
        • Not-at-fault accident: $1496
        • Hit and run: $2285
        • Speeding: $1873
        • Driving too slowly: $1810
        • Driving wrong way: $1921
        • DUI: $2148
        • Reckless driving: $2070
        • Refused breathalyze: $2148
        • Expired registration: $1496
        • Not wearing a seat belt: $1496
        • Open container: $2043
        • Running a red light: $1842

          Fayetteville Auto Insurance Premiums by Credit Tier

          Your credit score can affect your car insurance rates. Having a poor credit score will cost you an extra $22 per month on average.

          These are the average monthly rates by credit score in Fayetteville:

          • Excellent: $193
          • Good: $188
          • Average: $172
          • Poor: $194

            Insurance Rates by Where You Live

            According to ValuePenguin, your car insurance rates will change based on where you live, work, and park your car at night. Densely populated areas typically receive higher auto insurance quotes. This is because more vehicles are on the road, which means you’re more likely to be in a traffic accident. Drivers in rural areas experience less traffic and receive lower prices as a result.

            List of Insurance Companies in Fayetteville

            Fayetteville has many incredible insurance providers, such as State Auto, Liberty Mutual, Cameron Mutual, State Farm, Allstate, Travelers, Southern Farm Bureau, Progressive, GEICO, United Automobile, MetLife, Nationwide, Auto-Owners, USAA, and Columbia Insurance. With such a large number of insurance companies in the city, you should compare prices from as many as possible to ensure you’re getting the best rates.

            Driving in Fayetteville

            According to Wirefly, where you drive in Fayetteville will influence your monthly car insurance premiums. You may be charged extra for parking your car on the side of the road. Motorists who use a garage are eligible for a discount from several insurance providers. Insurance companies may also charge you higher rates if you frequent roads with a higher rate of accidents or theft.

            Public Transportation Options in Fayetteville

            Fayetteville has a relatively small metro area, so its public transportation options are limited. The Ozark Regional Transit system provides free rides within the city and brings you to neighboring areas. You may also choose to rideshare with Uber or Lyft in Fayetteville.

            There are several things to keep in mind while shopping for auto insurance in Fayetteville, Arkansas. It would be best to decide on the level of coverage you need, your budget, and a list of insurance companies you trust. Getting a quote is easy, instant, and free. Just head to your favorite insurance provider’s website to get your quote today.

            Check this out if you need additional information, resources, or guidance on car insurance.

            Sources:

            What You Need to Know to Get Cheap Car Insurance in Arkansas | caranddriver.com

            Car and Driver Car Insurance Hub | caranddriver.com

            Fayetteville, AR Auto Insurance | Cheap Car Insurance in Fayetteville, AR | autoinsurancez.com

            Cheap Arkansas Car Insurance | thezebra.com

            Cheap Auto Insurance Quotes in Fayetteville, AR (2021) | insurify.com

            Best Car Insurance Rates in Arkansas | valuepenguin.com

            Cheapest Auto Insurance Rates in Fayetteville, AR | wirefly.com

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