Little Rock, AR Auto Insurance Savings the Insurance Companies Don’t Want You to Know About

Searching for cheap Little Rock auto insurance on the internet can seem to be impossible for people who are new to price shopping online. With a ridiculous number of choices, how can Little Rock drivers effectively compare the different rates to find the lowest price?

It’s a great practice to check auto insurance prices quite often since insurance rates change regularly. Even if you think you had the best price two years ago there may be better deals available now. Forget all the misinformation about auto insurance because you’re about to learn one of the easiest ways to save money, get proper deductibles and limits, all at the lowest rate.

Companies offer discounts so take them!

The cost of insuring your cars can be expensive, but there are discounts available to cut the cost considerably. Some trigger automatically when you purchase, but less common discounts must be specifically requested before being credited. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • No Claims – Drivers with accident-free driving histories pay less compared to frequent claim filers.
  • Use Seat Belts – Requiring all passengers to buckle their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Good Student Discount – This discount can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Student Driver Training – Require your teen driver to complete a driver education course in school.
  • 55 and Retired – Mature drivers may be able to get reduced rates.
  • Paperless Signup – Some insurance companies give back up to $50 for buying a policy and signing up digitally online.

Consumers should know that some credits don’t apply to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. But any discount will help reduce the cost of coverage.

How your Little Rock rates are determined

Consumers need to have an understanding of the rating factors that go into determining auto insurance rates. Knowing what influences your rates allows you to make educated decisions that will entitle you to lower auto insurance prices.

  • Where you live is a factor – Residing in small towns and rural areas can be a good thing when insuring your vehicles. Drivers in populated areas tend to have much more traffic and longer commute times. Lower population means reduced accidents and also fewer theft and vandalism claims.
  • Women pay lower rates – Statistics have proven that women are safer drivers than men. However, don’t assume that men are worse drivers. Both sexes are in accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. Men also tend to receive more costly citations such as reckless driving.
  • Extra coverages can waste money – There are a lot of extra bells and whistles you can purchase on your policy. Coverages like vanishing deductibles, better glass coverage and membership fees may be costing you every month. They may seem like a good idea at first, but your needs may have changed so get rid of them and save.
  • Traffic violations increase rates – Your driving citation history impacts your car insurance rates tremendously. Just one speeding ticket can increase rates forty percent or more. Good drivers get better rates than their less careful counterparts. Drivers who have dangerous citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Keep rates low by being claim-free – Car insurance companies in Arkansas award lower rates to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Car insurance is intended to be relied upon for larger claims.

When might I need the advice of an agent?

When it comes to choosing adequate coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s needs are different.

These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

  • Does my policy pay for OEM or aftermarket parts?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my nanny covered when driving my vehicle?
  • Does my personal policy cover me when driving my company car?
  • Do I benefit by insuring my home with the same company?
  • Do I have coverage when pulling a U-Haul trailer?
  • Will my rates increase for filing one claim?
  • Is my teen driver covered when they drive my company car?
  • Should I rate my vehicle as pleasure use or commute?
  • What can I do if my company won’t pay a claim?

If you’re not sure about those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and you can get the answers you need.

Neighborhood insurance agents

Some people prefer to buy from a local agent and that is just fine! Licensed agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of comparing insurance prices online is that you can obtain the best rates but still work with a licensed agent. Supporting local agencies is important especially in Little Rock.Arkansas insurance comparisons

For easy comparison, once you complete this form (opens in new window), the coverage information is immediately sent to companies in Little Rock who will compete for your insurance coverage. You never need to drive around since price quotes are sent to your email. How cool is that?!

What types of auto insurance agents are in Little Rock?

When looking for an insurance agent, you must know there are a couple different agency structures that differ in how they can insure your vehicles. Insurance agencies in Little Rock are either independent (non-captive) or captive. While both can write coverage properly, but it’s worth mentioning the difference between them because it can impact buying decisions.

Independent Agents (or Brokers)

These agents are not required to write business for one company but instead can place your coverage with multiple insurance companies and potentially find a lower price. If your agent finds better pricing, your agent can switch companies and you don’t have to find a new agent.

When searching for an agent, you should always include price quotes from several independent insurance agents to have the most options to choose from.Many can place coverage with smaller regional carriers which can be an advantage.

The following are Little Rock independent agents that are able to give price quote information.

  • Rebsamen Insurance Inc – 1500 Riverfront Dr – Little Rock, AR 72202 – (501) 661-4800
  • C James Larmoyeux Agency Inc – 35 Gloucester Dr – Little Rock, AR 72227 – (501) 227-6967
  • Liberty Mutual Insurance – 200 N Bowman Rd – Little Rock, AR 72211 – (501) 228-5003
  • Kim Cook Agency – 900 S Shackleford Rd # 300 – Little Rock, AR 72211 – (501) 223-8508
  • A Bowman Agency – 27 Rahling Cir # C – Little Rock, AR 72223 – (501) 821-5554
Captive Insurance Agents

Captive insurance agents are contracted to one company such as AAA, State Farm, Farmers Insurance and Allstate. These agents are unable to place coverage with different providers so they are skilled at selling on more than just price. Captive agents are trained well on the products they sell which can be an advantage. Some people will only purchase coverage from captives mainly due to high brand loyalty and strong financial ratings.

Shown below are Little Rock captive insurance agents that are able to give price quote information.

  • State Farm Insurance – 8501 Geyer Springs Rd – Little Rock, AR 72209 – (501) 568-5516
  • Shelter Insurance – 11500 N Rodney Parham Rd – Little Rock, AR 72212 – (501) 882-9772
  • Liberty Mutual Insurance – 200 N Bowman Rd – Little Rock, AR 72211 – (501) 228-5003
  • Farmers Insurance Group – 501 Brookside Dr – Little Rock, AR 72205 – (501) 224-3276
  • Allstate Insurance – 11900 Kanis Rd # D9 – Little Rock, AR 72211 – (501) 219-2650
  • Arkansas Farm Bureau Insurance – 10720 Kanis Rd – Little Rock, AR 72211 – (501) 224-4400

To view a full list of Little Rock captive agencies, please view this page.

Deciding on a car insurance agent needs to be determined by more than just the premium amount. Agents should be asked these questions:

Arkansas insurance comparisons

  • Do they make recommendations based only on price?
  • What are the financial ratings for the companies they represent?
  • Does the agency provide any after hours assistance?
  • If they are an independent agency, which companies do they recommend?
  • Who is covered by the car insurance policy?
  • Does the agency have a good rating with the Better Business Bureau?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

Upon getting positive feedback for all questions you ask and locked in a price quote, it’s possible that you found an insurance agent that can provide auto insurance coverage.

Additional auto insurance information can be found on the Arkansas Insurance Department website through this link. Consumers can find out industry alerts, file complaints about an insurance agent or broker, find out which companies have the most complaints, and read enforcement actions against agents and companies.

Buy online or local, you save

In this article, we covered a lot of techniques to reduce auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from an unexpected company.

Affordable auto insurance is attainable on the web in addition to many Little Rock insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

Consumers leave their current company for a number of reasons such as high rates after DUI convictions, being labeled a high risk driver, high prices and even an unsatisfactory settlement offer. Whatever your reason, choosing a new company can be easy and end up saving you some money.