Driving a car is a practical necessity for many people. For those that are in the Waldron, AR area, driving a car on a daily basis is commonplace. Since these assets are so valuable, making sure they are properly covered by insurance is beneficial. When looking for a new auto insurance policy, there are several requirements that need to be taken into consideration.  

State Liability Minimum Requirements

The first requirement that drivers in Arkansas need to consider is the state liability minimum requirements. When driving a car in Arkansas, you will need to have a liability insurance policy in place that will provide you with up to $25,000 of personal property coverage and bodily injury coverage of at least $25,000 per individual with a max of $50,000 per incident.  

Additional Coverage Requirements

While the state of Arkansas will only require you to carry the minimum liability insurance, you may also be required to carry collision and comprehensive coverage. These types of coverage will provide you with coverage in a variety of situations including if your car is damaged in an accident, if your vehicle is stolen or vandalized, or if you are in an accident involving an animal. Most auto lenders and lease providers will require you to carry this insurance.  

For those that are in the Waldron, AR area and would like to understand their insurance requirements and needs better, one great company to talk to is The Owens Agency, LLC. When you meet with The Owens Agency, LLC you will receive a lot of insight and input into what the basic requirements are for you to comply with the state laws and your loan agreement. Reach out to our agents to get a quote or try our online rating tool for a quote on auto insurance.