Arkansas High Risk Auto Insurance
The state of Arkansas has some strictly enforced laws concerning minimum insurance coverage for automobiles and proof of such insurance. There are approximately 116 companies licensed to offer automobile insurance in the state of Arkansas. Allstate, AIG, Farmers, Direct, Geico, State Farm, and Liberty Mutual are some of the better known insurance providers in the state.
Minimum Insurance Coverage Requirements
Minimum requirements for liability insurance coverage are:
Bodily Injury $25000/$50000
Property Damage $25000
These are the minimum allowed under law. Some people choose to carry more insurance because Arkansas is another state that uses the tort system, finding someone at fault in any accident that occurs. The at-fault driver is fully responsible for any costs incurred as a result of the accident by the other parties.
Arkansas Implements Technology to Insure Minimum Coverage
Arkansas uses a database to track whether a person has current liability insurance coverage that meets the state minimums. In addition, proof of insurance is required to be carried at all times. In the event of a traffic stop or an accident, a person must show proof of insurance to the officer on the scene. Failure to do so, or failure of such insurance to show up in the database will result in an additional fine of not less than $25. If the proof of insurance is not shown and the database shows the person has no current coverage, the minimum fine is $25 for a first offense, $250 for a second, etc. Anyone found to be operating a vehicle without adequate coverage is automatically considered to be at fault in an accident, even struck by another vehicle. License registration will be suspended on uninsured cars.
High risk auto insurance does not have to be expensive. Take a few minutes to try our free online quote service and receive multiple quotes on coverage tailored to your needs.