In Arkansas car insurance rates can vary greatly. There are so many factors to take into consideration from the type of car you drive, to where you live and the driving records of you and the other drivers. The types of coverage you carry will also greatly impact the cost of your car insurance. Understand what you need before you start looking around.

Arkansas Car Insurance Rates: Mandatory Coverage

When looking for Arkansas car insurance rates, you will find that not only is liability coverage mandatory, Personal Injury Protection must also be covered. If you are in the market for car insurance, you will need to carry liability limits of at least:

- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $25,000 property damage per accident

Consider carrying higher liability limits than these however, because they could easily be inadequate if you were at fault in a serious accident.

An interesting thing to note with the mandatory PIP is that there are no restrictions on lawsuits

Arkansas Car Insurance Rates: Coverage to Choose From

While the mandatory levels of coverage listed above must be adhered to by all drivers, there are quite a few other types of coverage to choose from. If you have a vehicle that is still financed, your finance company will require you to carry full coverage. This means not only liability coverage and PIP, you must also carry comprehensive and collision. Comprehensive insurance covers your vehicle for physical damage or destruction caused by perils such as fire, theft, vandalism, storm damage and more. Collision coverage takes care of physical damage from accidents whereby you are at fault.

If your vehicle is completely owned by you, the amount of coverage beyond the minimums that you carry is completely up to you. However, bear these things in mind. In the state of Arkansas, approximately 16% of drivers operate vehicles uninsured. You can protect yourself from accidents with them by carrying uninsured motorist coverage. This level is not the highest, nor the lowest but still significant enough to consider this type of coverage.

If you cannot afford to replace your vehicle if it were destroyed you should carry physical damage coverage or collision and comprehensive. In fact, to protect yourself from the significant risk of theft, you should consider comprehensive coverage. While not in the top 10 or the worst 10 state for car theft, Arkansas still has its fair share of this type of crime.

Shop around and compare the quotes you get on multiple Arkansas car insurance rates before you make your selection.