Who Has Cheap Car Insurance Quotes for Teachers in Arkansas?

Deciphering which company offers the lowest-priced insurance rates for teachers will take a little more work than just getting one or two price quotes. Each auto insurer uses their own calculation to determine rates, so let’s take a look at the most competitive insurance companies in Arkansas.

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USAA may offer some of the cheapest car insurance rates in Arkansas at around $981 annually. Auto Club, Travelers, Southern Farm Bureau, and State Farm also rank well as some of the cheapest Arkansas auto insurance companies.

As the rates illustrate above, if you currently have coverage with Auto Club and switched to USAA, you might achieve annual savings of in the neighborhood of $34. Policyholders with Travelers may save as much as $123 a year, and Southern Farm Bureau insureds might lower prices by up to $232 a year.

These estimates are averages across all ages of drivers and types of vehicles and are not factoring in a price decrease for teachers. So the company that fits your needs best may not even be in the rate chart shown above. That’s why you need to compare rates from multiple companies using your own individual information.

The vehicle model on the policy is one of the main factors that determines whether or not you find affordable coverage for teachers. Vehicles with limited top-end speed, advanced safety features, or low incidents of liability claims will cost quite a bit less to insure than high performance models. The next table illustrates coverage prices for a handful of the cheapest vehicles to insure in Arkansas.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in the specific area where the vehicle is garaged which can impact insurance rates substantially.

Looking at the data, we can presume that models like the Ford Escape, Dodge Grand Caravan, Honda CR-V, and Ford Edge will definitely be some of the less-costly vehicles to insure for teachers and educators.

Rate comparison of full coverage and liability-only

Finding cheap car insurance for teachers in Arkansas is probably important to the majority of vehicle owners, and one great way to save on the cost of insurance is to not buy comprehensive and collision coverage. The example below compares car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Arkansas. The information is based on no claims or violations, $100 deductibles, marital status is single, and no discounts are taken into consideration.

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If we average the cost for all age groups, comprehensive and collision coverage on your policy costs an extra $2,650 per year more than insuring for liability only. Lot’s of drivers question if buying full coverage is worth the expense. There is no exact rule to exclude full coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it might be time to buy liability only.

Picking the best insurance provider can be challenging considering how many choices you have in Arkansas. The information in the next section may help you select which companies to look at shopping your coverage with.

The rankings below include companies that insure vehicles nationwide, so companies with more of a regional focus are not included in this list. If you’d like to compare prices from many more Arkansas auto insurance companies, click here.

Geico, Allstate, Progressive, or State Farm: Who is best?

If you want the best auto insurance for teachers and educators in Arkansas, four of the best places to start are Geico, Allstate, Progressive, and State Farm. All offer liability and physical damage insurance, but each one has a distinct set of features and optional coverages that you can select from. The following table illustrates some of the ratings and options shoppers can expect to find with each one.