Arkansas Car Insurance
Looking for car insurance in Arkansas could not be any easier. Using the Internet as a search tool for a Arkansas car insurance quote is literally a key stroke away for razorback residents. Being resourceful is nothing new to the residents of "The Land of Opportunity" state. With the state's gross domestic product for 2005 set at $87 billion, locals know how to earn and save a dollar. Agricultural outputs for the state include poultry, eggs, soybeans, cattle, cotton, rice, hogs and milk. Not to be outdone by agriculture, the industrial portion of the state is strong with food processing, electric equipment, fabricated metal products, machinery and paper products.
Arkansas auto insurance is a top priority for those transporting their goods to residents in state lines and to those outside their great state. When goods need to be delivered you will need a fast and convenient way to make sure your vehicle is insured and using the Internet is an easy way to do just that. This southeastern state is also home to the world's largest public corporation, Wal-Mart, which is headquarted in Bentonville, AR. It also serves as the headquarters for other major corporations including J.B. Hunt and Tyson Foods. Because of the state's resourcefulness and thriving businesses, it has seen an economic boom from the 1970s onward.
Most recently, car parts manufacturers have taken advantage of the state's work force and positive attitude and set up shop for auto plants and school bus factories. Just because car manufacturing is taking off in the state, does not mean that lawmakers have had a blind eye to vehicles on the road. The state requires a certain amount of Arkansas car insurance coverage for each driver before he or she takes to the road legally.
Tourism is very important to the Arkansas economy and as a result the official nickname for the state is "The Natural State" as in Arkansas is A Natural for tourism. Residents generally enjoy a humid subtropical climate thanks in part to its distance from the Gulf of Mexico. While warm weather is expected for the state, it is not uncommon for the occasional cold weather to breeze across this southern state. The most populous city is Little Rock, Arkansas and it serves as the state capital. The Fayetteville-Springdale-Rogers metro area is another quick growing portion of the state. Traveling to all of the hot spots the state has to offer is easy to do on four or two wheels, as long as you have adequate car or motor vehicle coverage. Ranking ninth for business cost, 17th for economic climate and ninth for growth prospects, Arkansas' nearly three million residents has plenty of reasons to be positive.
Enjoying the state's scenic routes, historical landmarks and tourist attractions are easily accessible by interstate and other public roads. However, if you are going to drive in this state your vehicle must be registered and covered by the appropriate amount of Arkansas car insurance. Arkansas state law mandates that each driver carry a minimum of Bodily Injury Liability and Property Damage Liability Coverage. At the time of an accident, each driver in Arkansas must show financial responsibility and/or proof of car insurance. Failure to do so can result in fines and penalties, including suspension of registration and license.
Auto Insurance Rates in Arkansas
The 25/50/25 car insurance quote is broken down into $25,000 per injured person and up to a total of $50,000 per accident under Bodily Injury Liability and a minimum limit of $25,000 for Property Damage Liability. The state follows a Tort system meaning someone must be found at fault for causing the accident, and that person and their insurance company are responsible for charges accrued as a result. While Bodily Injury Liability covers medical expenses for the driver and/or occupants of the other vehicle involved in the wreck, it does not cover the insured's medical expenses. This is one reason why drivers may wish to seek additional coverage. Finding additional coverage options is convenient online and easy to do. Property Damage Liability covers costs in the event that property other than a vehicle is damaged. For example, if an accident caused damage to a house, fence or lawn this form of liability would pay for expenses.
Arkansas car insurance premiums generally average lower than 30 other states. In 2004, the average Arkansas car insurance was $707.74, which was an increase from the 2003 average of $698.48. The figures in 2004 are based on a liability average of $389.86, collision average of $309.10 and a comprehensive average of $175.93. To get a look at the bigger picture, in 2001 the Arkansas auto insurance premium for state residents averaged $606.05 and in 2001, they averaged $620.90. In addition, the 2008 Arkansas car insurance rates were 11 percent higher than they were in 2007. As car insurance premium rates continue to rise in Arkansas, it is a good idea to shop around and find the best rates and discounts available in Arkansas. Each Arkansas car insurance company offers different rates for different drivers and comparing car insurance companies online is fast and easy to do from the convenience of your home, office or even a café.
While searching for an Arkansas car insurance quote online you may look into additional coverage such as uninsured/underinsured motorist coverage. Otherwise, your quote will just cover what is mandated by the state, and may not adequately cover you or your vehicle. This type of coverage will cover bodily injury caused by an uninsured and/or underinsured driver. Even though the state does not require this type of coverage, it can be in the best interest for the driver to purchase uninsured motorist coverage to help protect him/her financially. Since you are able to view more than one car insurance company online easy, you can compare various types of auto insurance coverage and find the plan that fits your individual needs. Other types of coverage include comprehensive and collision.
Comprehensive and collision coverage may appear to be similar, but both cover different types of charges and expenses. Comprehensive coverage will pay for repair or to replacement of your vehicle due to a flood, fire, vandalism or in the event that the car is stolen. Drivers usually pay for this type of coverage under physical damage insurance. Collision insurance premiums will cover your vehicle in the event that your vehicle is damaged or totaled in an accident. This form of coverage typically covers repairs and reimbursement of a vehicle up to the vehicle's actual cash value, not how much the vehicle initially cost. You can discuss these types of coverage and more, including rental reimbursement and towing expense coverage, with an Arkansas insurance agent online via live chat or email or visit them in person in the state of Arkansas.
Getting the Least Expensive Arkansas Vehicle Insurance
To help ensure you receive the cheapest Arkansas car insurance quote online there are some factors you may want to consider. For example, insuring a luxury vehicle will cost you more than if you owned an economy car. However, there are factors that car insurance companies use to get a car insurance quote that is out of your hands. According to highway statistics, men are involved in more accidents than women are and may have a higher premium rate as a result. Also, age groups are considered. Teenage drivers are seen as high-risk drivers for insurance companies. This can cause a spike in a family's insurance coverage. Taking approved defensive driving courses may help lower the cost of insurance premium rates though to help curb the age gap. Location is another factor. High-populated areas such as Little Rock, Fort Smith, and Jonesboro have a higher amount of cars on the road. Whereas rural areas such as Rogers, Conway, and Pinebluff, Arkansas have a less amount of cars and may allow residents to receive a lower car insurance premium rate.
Arkansas residents that use the Internet to shop for auto insurance may be able to find cheaper rates and discounts than those simply making phone calls or stopping by various Arkansas car insurance companies. Make sure the car insurance agent you work with understands your coverage needs so you are not left holding a bill you cannot afford because of an accident.
So what are you waiting for? Compare cost and coverage details for auto insurance from the Arkansas cities of: Little Rock, Fort Smith, Arkadelphia, Batesville, Blytheville, Camden, El Dorado, Fayetteville, Springdale, Rogers, Forrest City, Harrison, Hope, Hot Springs, Jonesboro, Magnolia, Mountain Home, Paragould, Pine Bluff, Russellville, Searcy, West Helena and more.