State Minimum Insurance Requirements for Arkansas

Arkansas is one of the few states that has the least amount of clauses that are required for automobile insurance. This state only requires a driver to carry liability insurance. They do not require their drivers to carry uninsured or underinsured motorist coverage. The state also does not require all drivers to carry comprehensive or collision clauses on their insurance policies either.

The liability coverage that Arkansas requires it’s drivers to carry is fairly comparable to the liability insurance that is required by other states. They require their drivers to carry a policy that will pay out a minimum of $25,000 for one person that is injured in an accident that was declared the policy holder’s fault. This insurance is required to pay a minimum total of $50,000 for all people injured in one single accident. The state also requires drivers to carry a clause that will pay out a minimum of $25,000 for any property damage that resulted from a car accident.

Although the state does not require other clauses on an insurance policy, the clauses can still be added if the policy holder wishes. These additional insurance clauses are a good idea especially in the state of Arkansas. Arkansas has a large population that lives within the state. There are also commuters that come in from surrounding areas. The state also frequently has severe weather such as thunderstorms and snow stores. These conditions, along with millions of drivers, lead to many accidents every year. Having sufficient insurance will help reduce the driver’s liability in the event of an accident.

Arkansas residents pay some of the lowest average monthly premiums for automobile insurance. This is partly due to the low requirements that are required. However Arkansas is a tort state. This means that any individual is causes an accident is financially responsible for any bodily injuries or property damage that resulted from the accident. This is why it is especially important for people in Arkansas to carry more than just the state required minimum automobile insurance. Shopping around the different insurance companies will help Arkansas residents to obtain sufficient insurance that will meet state requirements and cover any damages that occur as a result of an accident.