In Arkansas, drivers can acquire two basic forms of coverage: bodily injury insurance and property damage insurance. Arkansas auto insurance coverage is considered to be among the most reliable coverage when it comes to spending as little as possible on insurance premiums.
Arkansas auto insurance also goes a long way toward protecting drivers that are prone to injuring other drivers as Arkansas protects the driver from damage claims by providing sanctions on medical expenses as well as on lost wages.
The liability limits in Arkansas are 25/50/25. As such, the minimum coverage is $25,000. In addition, Arkansas drivers must have $50,000 in coverage for injuries caused by accidents and $25,000 for property damaged by an accident. Arkansas drivers may also opt for additional coverage for items such as medical payments as well as bodily injury coverage to protect themselves from motorists that are underinsured or uninsured.
Bodily Injury Liability, which is referred to as BI for short, is required in Arkansas. This coverage protects the driver when he or she causes an accident and injures or kills another person. This insurance covers the other driver as well as passengers in any car involved in the accident and passengers. The coverage is $25,000 per person and $50,000 per accident.
Property Damage, or PD for short, is also required in the amount of $25,000 per accident. This insurance covers the driver when he or she is at fault for an accident and has caused damaged to property. This insurance pays to repair or to replace the property that has been damaged.
In Arkansas, medical expenses for the driver as well as for passengers is paid for through Med Pay coverage. Drivers are also able to pick up optional coverage such as personally injury protection, referred to as PIP, as well as no fault coverage. Drivers may also choose to add coverage for lost wages or for childcare.
All Arkansas drivers must present proof of insurance before they can register their vehicles. Proof of insurance can be demonstrated in a number of different ways. For example, drivers can show proof with a temporary insurance card that has been issued by the insurer. Or, the driver can use the premium receipt or the insurance binder that was issued by his or her insurance agent.
The driver can also use his or her current declarations page from the liability insurance policy to demonstrate proof of insurance. The current declarations page for the liability insurance policy will also suffice, as will the actual policy being used for the vehicle. A certificate of liability insurance policy that was issued by the authorized agent or by the insurer may also be used.
Drivers that have purchased a new vehicle can show proof of insurance for the vehicle that was replaced, so long as the new vehicle was purchased within the past 60 days. Those renting a vehicle, on the other hand, must show that the rental car is covered by presenting the rental agreement that indicates coverage has been purchased.