Are you looking to switch car insurance companies to get a less expensive rate? Before you start shopping for cheap car insurance in Fayetteville AR, you need to know what you can reasonably expect to pay every month for premiums.
The cost varies depending on several different factors, including your age, driving record, and what type of vehicle you drive.
In this article, we give you the inside scoop on what determines your car insurance cost and which cars are cheapest to insure in Fayetteville, AR. These factors will help you find the best and cheapest policy for your needs as well as decide if it’s time to switch car insurance companies.
What Determines the Cost of Your Car Insurance In Fayetteville AR?
Insurance companies in Fayetteville will look at several different factors to determine how much your car insurance will cost. On average, it will cost you around $128 per month, but that number will vary depending on certain criteria.
Below are three of the most common criteria that an insurance company will use to quote you a rate.
1. Driving Record
Your driving record will always play a huge role on the cost of your monthly car insurance premiums. If you have traffic tickets and accidents (especially ones that you caused) on your record, your insurance rate will automatically be higher than if it was clean and free of charges.
2. Age And Number Of Years As A Driver
Your age and the number of years you’ve been legally driving can also affect your car insurance rate. Typically, the longer you’ve been driving and the older you get (until you reach age 75), the lower your rate drops.
3. Type Of Car
The type of car you have can make your insurance premiums go up or down. It all depends on the vehicle, what year it is, how much it’s worth, etc. A newer car with a high market value will incur a higher insurance rate than an older base model.
Which Cars Have Cheap Insurance In Fayetteville, Arkansas?
If you want to ensure your auto insurance will be inexpensive, you can get ahead of the game and purchase a car that insurance companies are quoting low rates for.
Currently, small sport utility vehicles (SUVs) like the Mazda CX-5, Nissan Kicks, Chevrolet Trailblazer, Subaru Crosstrek, and Honda Passport are garnering the cheapest car insurance rates in Fayetteville, AR.
Fayetteville Car Insurance Rates By Vehicle Segment
When shopping for auto insurance in Fayetteville, AR, it’s helpful to know the average premium price you can expect to pay for your particular vehicle.
Below is a list of average annual auto insurance rates by vehicle segment, in order from cheapest to most expensive. “Segment” refers to a vehicle’s classification, i.e., SUV, car, minivan, luxury vehicle, etc.
- Compact SUV: $1,434
- Midsize Pickup: $1,474
- Minivan: $1,546
- Midsize SUV: $1,552
- Compact Car: $1,580
- Midsize Car: $1,600
- Half-ton Pickup: $1,666
- Compact Luxury SUV: $1,726
- Large SUV: $1,734
- Compact Luxury Car: $1,742
- Large Car: $1,776
- Heavy Duty Pickup: $1,832
- Midsize Luxury SUV: $1,854
- Midsize Luxury Car: $2,032
- Sports Car: $2,168
- Large Luxury SUV: $2,320
- Large Luxury Car: $2,426
How To Get The Best And Cheapest Car Insurance In Fayetteville, AR
Finding the best and cheapest car insurance in Fayetteville, AR is easy when you use let G&G Independent Insurance be your guide. Our comprehensive library of insurance companies allows you to compare rates and find the car insurance policy that fits your unique budget.
To get started, call us today for a quote!