If you are an Arkansas driver, state laws require you to purchase auto insurance. Many drivers seek guidance when selecting an insurance policy. If you live near Waldron, AR, our team at The Owens Agency LLC can help you explore a wide range of policies. We have been assisting Arkansas drivers like you since 2015.
Understanding Arkansas Auto Insurance Laws
Choosing the right auto insurance policy involves balancing Arkansas laws with your personal needs. For instance, the minimum coverage required by Arkansas law is 25/50/25. This means your policy must include at least $25,000 liability coverage per person, $50,000 total per accident, and $25,000 liability coverage for property damage. The average cost of auto insurance in Arkansas is approximately $489 per year.
Driving without insurance can lead to penalties ranging from $50 to $1,000 in fines. Additionally, you may face license suspension or even jail time for repeat offenses. If you are purchasing a new car, you might want to consider optional coverage such as comprehensive and collision insurance. Gap insurance is another option to explore, as it can help cover the remaining balance on your car loan if your vehicle is totaled in an accident and your insurance payout falls short.
Contact Us Today
Don’t risk legal or financial penalties by driving without auto insurance. Our team at The Owens Agency LLC is here to help you find a policy that provides the coverage you need at a price you can afford. Drivers in the Waldron, AR area trust us for excellent client support. Call us today to schedule an appointment, and let us help you get safely on the road.
