Hot Springs National Park, AR Car Insurance

Drivers in Hot Springs National Park pay around $58 a month for their car insurance. To find out more check out our guide below.
How does Hot Springs National Park compare to the surrounding area and the rest of Arkansas? What rates should residents of Hot Springs National Park expect to pay for their car insurance? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Hot Springs National Park?

Area Average Monthly Car Insurance Premium
Hot Springs National Park$58
AR$62
United States$80

Based on the chart above, you can see that it's about $4 a month cheaper to insure your vehicle in Hot Springs National Park than it is in the rest of Arkansas.

When viewed against the average rates for the rest of the U.S., auto insurance coverage in Hot Springs National Park is rather affordable. The average monthly payment in Hot Springs National Park is about $22 cheaper than the rate for the rest of the United States.

Bear in mind that while these are the average car insurance rates for Hot Springs National Park, you could end up paying something different. The amount that insurance companies end up charging you is determined by a number of factors. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining the bill you'll see each month.

Don't sweat it however, we've broken down average rates for Hot Springs National Park residents so that you can get a more accurate idea of what you might pay. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18$202
18-24$94
25-34$61
35-44$56
45-54Not Enough Data
55-64$47
65+$49

Generally, the older you are, the more experienced you are on the roads, right? That experience can turn into some real savings when it comes to car insurance premiums. According to the table above, you can see that 18-24-year-olds pay a lot more than drivers 65 and older.

As you get older, you can expect to see a drop in your monthly premium every 10 years. You may see your rates begin to go back up once you hit retirement age in Hot Springs National Park.

Average Car Insurance Rates by Gender

Gender Average
Male$60
Female$58

In general, car insurance rates for women are usually cheaper than they are for men. In Hot Springs National Park, although women do pay a little bit less on their monthly auto coverage, the cost is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$64
Multiple Accidents$97
1 Ticket$60
Multiple Tickets$74

Rates can change drastically depending on your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. In Hot Springs National Park, a driving record with a single accident will usually get you a rate around $64 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $60 on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$65
2-3 Years$71
4-5 Years$65
6-7 Years$52
8-10 Years$66
11-14 Years$64
15 Years or Older$52

In Hot Springs National Park, the cheapest vehicles to insure are typically trucks and vans, with drivers paying around $51 per month for insurance.

Car owners can expect to pay an average of around $60 a month for their policy, while SUVs usually cost around $56 a month to insure.

Your vehicle's age has an impact on the cost of your policy as well. Newer vehicles are generally going to be the most expensive to insure. However, once your car is a few years old you may start to see your rates drop back down a bit. The most expensive vehicles to insure in Hot Springs National Park are vehicles two-to -three years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$60
Married$60
Divorced$50
Widowed$54

Generally, car insurance is slightly cheaper for married policyholders. This usually happens because companies will award special discounts to policyholders with multiple vehicles that are on the same policy.

Despite single drivers normally paying less for auto insurance than married drivers, both groups pay about the same for monthly coverage in Hot Springs National Park.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$56
Rent$58
Live with parents$85

Your living situation is another factor that affects your monthly rate. If you rent your home or apartment, expect to pay around $2 a month more than if you own your own home in Hot Springs National Park. But if you live with your parents, your rates will be significantly higher.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your car insurance premiums, depending on your insurance company.

Car Insurance Companies in Hot Springs National Park, AR

Recent trends in car insurance for Hot Springs National Park drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing an insurance policy.

In Hot Springs National Park, the rates for car insurance went up from 2016-2018, when they hit a high of $63. This leveled out in 2019, when rates started to turn downward. This pattern has continued through the present, where rates recently reached $56.

How does Hot Springs National Park compare to neighboring areas?

Why are car insurance rates in Hot Springs National Park different from other areas?

Car insurance companies look at a lot of factors when they're choosing how much to charge for a policy. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Frequency of car accidents
  • Prevalence of crime
  • Amount of drivers in the area
  • Community regulations
  • Off-street parking accessibility

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 Hot Springs National Park?

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.

But hold on! Compare.com can handle all of this for you. Just punch in your ZIP below, answer a few questions about your driving profile, and you'll be quickly comparing the cheapest quotes from a number of the car insurance companies offering auto coverage in Hot Springs National Park.

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Hot Springs National Park Insurance FAQs

What factors affect car insurance quotes in Hot Springs National Park?

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 vehicle's year, make and model, as well as your driving record, credit score, address, and marital status.

Why is the cost of car insurance in Hot Springs National Park different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, crime rates, and local laws when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Hot Springs National Park?

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 by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Hot Springs National Park?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

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

No, you can switch companies at any point, no matter how much time is left on your current policy. If you're thinking about moving to Hot Springs National Park or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.

Find your best rate in just a few minutes