Texarkana, AR Car Insurance

The average cost for car insurance in Texarkana is about $51 a month. For information on policy rates, coverage, and more check out our guide below.
What can Texarkana residents expect to pay for their car insurance? How does Texarkana stack up to the rest of the area, or even Arkansas as a whole? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Texarkana?

Area Average Monthly Car Insurance Premium
Texarkana$51
AR$65
United States$81

Auto insurance coverage in Texarkana is about $14 cheaper than it is in the rest of Arkansas.

When stacked up against the national average, the average monthly policy payment for Texarkana is more affordable. It's about $30 cheaper than the national average to insure your vehicle in Texarkana.

While these are the average car insurance rates for Texarkana, keep in mind that you could end up paying a different amount. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. Your policy's monthly price is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

Don't sweat it however, we've broken down average rates for Texarkana residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18$314
18-24$89
25-34$48
35-44$47
45-54Not Enough Data
55-64$41
65+$43

It's pretty safe to assume that the older you are, the longer you've been driving, right? That experience can lead to some serious savings when it comes to car insurance rates. According to the table above, you can see that 18-24-year-olds pay $46 more than someone who is at retirement age.

For every ten years older you get, you can expect to see a drop in your monthly premium. Drivers in Texarkana may see their rates start to rise again once they hit retirement age.

Average Car Insurance Rates by Gender

Gender Average
Male$51
Female$51

In general, female drivers pay less for car insurance than their male counterparts. In Texarkana, however, male and female drivers both pay about the same rate for insurance coverage.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$58
Multiple Accidents$72
1 Ticket$51
Multiple Tickets$77

Your rates can vary wildly depending on your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. In Texarkana, having a single accident on your record will usually get you rates around $58 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $51.

Accidents, tickets, and other driving infractions can really hurt your wallet. That's why it's important to drive safely and keep your record clean so you can keep your rates as low as possible.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$62
2-3 Years$54
4-5 Years$48
6-7 Years$59
8-10 Years$56
11-14 Years$53
15 Years or Older$45

As you can see in the first table above, the cheapest vehicles to insure in Texarkana are typically SUVs, which run about $48 per month.

Car owners will see rates of about $53, while truck and van owners usually pay around $50 per month.

Vehicle 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. In Texarkana, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$55
Married$43
Divorced$44
Widowed$40

Generally, those who have settled down into marriage will pay slightly less for auto insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

The difference in rates based on relationship status in Texarkana is about $12 a month, with married couples paying less for coverage than single drivers.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$46
Rent$51
Live with parents$73

Your housing status is another component of how insurance companies calculate your monthly rate. Renters can expect to pay around $5 a month more than drivers who own property in Texarkana. But those who live at home with their parents can expect to pay significantly more.

Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your average costs, depending on your insurance company.

Car Insurance Companies in Texarkana, TX

Recent trends in car insurance for Texarkana drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.

The cost of auto insurance in Texarkana went up from 2017-2018, where it hit a high of $58, before steadying out in 2019. Rates increased again in 2020, and finished down at $42 in 2022.

How does Texarkana compare to neighboring areas?

Why are car insurance rates in Texarkana different from other areas?

Car insurance companies take in a number of factors when figuring out how much individual insurance policies will cost. While we've discussed the ones that affect your personal policy, others are based around where you call home. These include things like:

  • Number of drivers in the area
  • Number of car accidents
  • Rate of crime
  • Off-street parking accessibility
  • Community laws

You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. 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 Texarkana?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

But wait! Compare.com has you covered. Just punch in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies offering auto coverage in Texarkana in no time.

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Texarkana Insurance FAQs

What factors affect car insurance quotes in Texarkana?

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

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

Auto insurance companies consider regional factors, such as parking situations, crime rates, and local laws into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

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

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Texarkana?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

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 time, regardless of how long is left on your current policy. So, if you've recently moved to Texarkana or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

Find your best rate in just a few minutes