Car insurance generally includes cars in Arkansas. The types of car insurance that follow the car in Arkansas are liability for bodily injury, liability for personal injury, collision, and all risks. You must assume liability for bodily injury, liability for property damage, and PIP in Arkansas. The PIP follows the driver, unlike liability coverage.
You'll need to have liability for property damage under your Arkansas auto policy. This coverage helps pay for damage to someone else's property due to an accident caused by fault. In Arkansas, all drivers must have liability coverage that meets the state's minimum auto insurance requirements. The law resulted in a new insurance verification system that allows Arkansas law enforcement officials to immediately check the status of drivers' insurance and whether the insurance was recently purchased or has expired.
This means that if you don't have a rental insurance policy or if you refuse insurance from the rental company, you could be at risk of suffering medical injuries and property damage to another vehicle and its passengers. If you have an accident while driving without insurance in Arkansas, you will be cited and all penalties for driving without insurance will apply, no matter who is at fault. In Arkansas, drivers with just two speeding tickets pay an average of 20% more on their annual car insurance premiums, for example. Bodily injury liability insurance covers any injuries you accidentally cause with your car, while property damage liability coverage helps pay for any material assets you damage while driving, such as someone else's car or mailbox.
Next, we look in more detail at auto insurance coverages, minimum insurance requirements for personal vehicles and motorcycles, and Arkansas driving laws. Collision insurance and comprehensive insurance will help you pay for damage to your car that occurs as a result of an accident. The consequences of driving without insurance are ultimately more costly than buying minimal car insurance coverage. You should have the opportunity to purchase these coverages when you apply for car insurance in Arkansas, but you have the right to decline them.
When an insured driver is responsible for an accident, liability insurance covers the other driver's expenses. If you borrow a car from someone who lives in their own home, it must be listed on the car owner's policy. Buying Arkansas minimum liability auto insurance coverage is the easiest way to meet the financial responsibility requirement. You can also add rental car insurance that reimburses the cost of a replacement vehicle when you have a covered claim.
You can easily get a quote from major companies such as Allstate, Geico, Travelers, Shelter, Auto-Owners Insurance and Farm Bureau Mutual online or over the phone, or use WalletHub's comparison tools to find the best auto insurance policy for your needs.