El Dorado, AR Car Insurance

On average, El Dorado drivers pay a monthly average rate of around $49 for their car insurance. To learn more about policy rates and coverage in the El Dorado area, continue reading our guide below.
How do rates in El Dorado measure up compared to neighboring areas, including Arkansas as a whole? How much can residents of El Dorado expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in El Dorado?

Area Average Monthly Car Insurance Premium
El Dorado$49
AR$62
United States$80

Compared to the rest of the Arkansas, coverage in El Dorado is about $13 a month cheaper.

Likewise, car insurance rates in El Dorado are often favorable when viewed against the rest of the country. It's about $31 cheaper than the national average to insure your vehicle in El Dorado.

These rates may be the average amount drivers in El Dorado pay for their insurance policy, but that doesn't mean it's exactly what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to get your vehicle insured. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect the bill you'll see each month.

But worry not, we've done the heavy lifting and broken down the average rate for El Dorado to help you understand what exactly you might be asked to pay. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below and find out in just minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$74
25-34$54
35-44$49
45-54Not Enough Data
55-64$41
65+$43

The longer you've been on the road, the more experienced of a driver you are. That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay a lot more than someone who is retirement aged.

As you get older, you can expect to see a drop in your monthly premium every 10 years. Once you hit retirement age, however, you may see your rates climb back up a bit in El Dorado.

Average Car Insurance Rates by Gender

Gender Average
Male$53
Female$47

In general, car insurance rates for women are usually cheaper than they are for men. In El Dorado, the difference comes out to about $6 per month. Looking at the table above, you can see that female drivers pay around $47 on average, while male drivers typically pay $53 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$50
Multiple Accidents$54
1 Ticket$48
Multiple TicketsNot Enough Data

Rates can change drastically depending on your driving record. Drivers with clean records will pay lower rates than those with accidents or violations. Drivers in El Dorado with a single accident on their record will usually see rates around $50 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $48 on average.

Accidents, tickets, and other driving infractions can cost you some serious cash. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$34
2-3 Years$38
4-5 Years$42
6-7 Years$35
8-10 Years$52
11-14 Years$52
15 Years or Older$47

If you look at the first table above, the cheapest vehicles to insure in El Dorado are usually SUVs, at $46 per month.

Car owners, on the other hand, typically pay around $49 a month, while truck and van drivers can expect to pay about $60 per month to insure their car.

In addition to vehicle type, you can also expect to see slightly different rates based on the age of your vehicle. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to decrease if your car is a few years old. In El Dorado, the most expensive vehicles to insure are vehicles eleven-to-fourteen years old and eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$54
Married$44
Divorced$42

On average, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.

The cost of auto insurance in El Dorado reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $10 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$50
Rent$49
Live with parents$123

Another factor taken into consideration is your living accommodations. If you rent your home or apartment, expect to pay around $1 less than homeowners in El Dorado. But those who live at home with their parents can expect to pay significantly more.

Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.

Car Insurance Companies in El Dorado, AR

Recent trends in car insurance for El Dorado drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before shopping for coverage.

Auto insurance rates in El Dorado dropped from 2016-2018, before steadying out in 2019. They finished down in 2021, at $48 a month

How does El Dorado compare to neighboring areas?

Why are car insurance rates in El Dorado different from other areas?

When considering how much to charge for an insurance policy, car insurance companies will evaluate a number of factors. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Number of drivers in the region
  • Laws
  • Number of car accidents
  • Regional crime rates
  • Availability of off-street parking

Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in El Dorado?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Fortunately, Compare.com can handle all of this for you. Put in your ZIP below, answer a few questions about you and your car, and you'll be quickly comparing the cheapest quotes from several of the car insurance companies providing policies in El Dorado.

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El Dorado Insurance FAQs

What factors affect car insurance quotes in El Dorado?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your driving record, credit score, address and marital status, as well as your vehicle's year and make and model.

Why is the cost of car insurance in El Dorado different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, local laws, and crime rates -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in El Dorado?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to El Dorado?

Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to El Dorado or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?

Find your best rate in just a few minutes