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Your auto insurance premium is based on a variety of factors, including your age, location, driving record and credit score. Full coverage auto insurance premiums in New Hampshire range from $540 per year (State Farm) to $2,712 per year (Hanover). The average annual cost of insurance for a 25-year-old driver is $1,599, which is $649 higher than the cost of insurance for a 40-year-old driver.

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2023

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Average Car Insurance Costs in New Hampshire (2023)

The average price of auto insurance in New Hampshire is about $950, which is less than the national average cost of auto insurance. The primary determinants of your premiums are your age, driving record and the level of coverage.

Depending on your record, you might pay:

  • Clean record: $950 annually
  • Ticket: $1,330 annually
  • At-fault accident: $1,623 annually
  • DUI: $2,117 annually

These premiums are for full coverage. You could save money by opting for a minimum coverage policy.

Driving Record
Annual Premium
Monthly Premium

Clean

$463

$39

Clean

$505

$42

Ticket

$639

$53

Ticket

$653

$54

Clean

$714

$59

At-Fault Accident

$796

$66

At-Fault Accident

$812

$68

Ticket

$874

$73

Clean

$950

$79

Clean

$1,044

$87

At-Fault Accident

$1,045

$87

DUI

$1,059

$88

DUI

$1,080

$90

Ticket

$1,322

$110

DUI

$1,323

$110

Ticket

$1,330

$111

Clean

$1,599

$133

At-Fault Accident

$1,617

$135

At-Fault Accident

$1,623

$135

Ticket

$1,891

$158

DUI

$2,116

$176

DUI

$2,117

$176

At-Fault Accident

$2,237

$186

DUI

$2,775

$231

Why Are Car Insurance Rates Moderate in New Hampshire?

The average yearly cost of car insurance in New Hampshire is around the same as the $1,054 national average. The reasons for the low rates may include low auto theft rates, cheaper insurance companies and moderate volume of traffic. If your New Hampshire auto insurance premiums are expensive, your age and driving record could be the cause.

Average Car Insurance Costs in New Hampshire by Company

The average cost of auto insurance in New Hampshire is just an average and will vary significantly based on a number of factors, including the insurer you choose. State Farm has the cheapest minimum coverage policy at $247 ($540 for full coverage), while Hanover has the most expensive average yearly minimum coverage insurance at $1,199 ($2,712 for full coverage).

Although the cost of a full coverage insurance policy in New Hampshire is more than that of a liability-only policy, you can still get cheap full coverage insurance if you compare rates.

Company
Annual Premium
Monthly Premium

State Farm

$233

$19

State Farm

$247

$21

Concord Group

$271

$23

Concord Group

$273

$23

State Farm

$296

$25

Vermont Mutual

$311

$26

Safety Group

$316

$26

MAPFRE

$321

$27

Vermont Mutual

$349

$29

Safety Group

$367

$31

GEICO

$369

$31

MAPFRE

$398

$33

Concord Group

$403

$34

Nationwide

$417

$35

Nationwide

$440

$37

GEICO

$460

$38

State Farm

$500

$42

GEICO

$515

$43

State Farm

$540

$45

Allstate

$549

$46

Concord Group

$552

$46

Progressive

$562

$47

Nationwide

$572

$48

Safety Group

$573

$48

Concord Group

$575

$48

Allstate

$588

$49

Progressive

$593

$49

Vermont Mutual

$595

$50

Allstate

$599

$50

Nationwide

$624

$52

Vermont Mutual

$674

$56

Progressive

$676

$56

GEICO

$680

$57

State Farm

$681

$57

Safety Group

$725

$60

Nationwide

$768

$64

Vermont Mutual

$770

$64

Concord Group

$774

$64

GEICO

$811

$68

MAPFRE

$833

$69

Safety Group

$844

$70

Allstate

$880

$73

Nationwide

$903

$75

Allstate

$924

$77

GEICO

$1,001

$83

Progressive

$1,025

$85

Progressive

$1,035

$86

Allstate

$1,036

$86

MAPFRE

$1,040

$87

Hanover

$1,199

$100

Progressive

$1,295

$108

Safety Group

$1,326

$110

Vermont Mutual

$1,329

$111

MAPFRE

$1,382

$115

Hanover

$1,666

$139

Hanover

$1,979

$165

Hanover

$2,712

$226

MAPFRE

$3,611

$301

Hanover

$3,662

$305

Hanover

$4,535

$378

Insurance Rates

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MONEYGEEK’S NEW HAMPSHIRE CAR INSURANCE CALCULATOR

Your age, driving record and the type of coverage all influence the cost of insurance. MoneyGeek’s New Hampshire car insurance calculator can give you an estimate of your potential rates.

Average Car Insurance Costs in New Hampshire by Coverage Level

In New Hampshire, the average annual premium for the cheapest minimum liability coverage is $463, while the average annual premium for the highest possible full coverage is $1,160. Costs will grow in proportion to the maximum coverage limit you choose. Your yearly premiums will dramatically increase if you choose full coverage insurance, also referred to as comprehensive and collision insurance. Remember that increasing your deductible will result in cheaper insurance rates.

Average annual car insurance rates by coverage tier

The cheapest car insurance will only give the minimum required coverage in New Hampshire. These plans have the lowest liability limits and do not cover collision or comprehensive coverage. Uninsured and underinsured motorist coverage, medical payments coverage and coverage for injuries to third parties and damage to their property are all required by New Hampshire law. These can make your minimum coverage pricier.

Insurers may provide higher liability limits, which are commonly represented as 50/100/50 or 100/300/100. Included in a policy with liability limits of 50/100/50 are the following:

  • $50,000 bodily harm liability per person
  • $100,000 bodily injury liability per accident
  • $50,000 property damage liability insurance per accident

The highest liability insurance limits available are generally 300/500/300. Liability insurance protects against losses or injuries sustained by third parties. Full coverage insurance includes comprehensive and collision coverage to defend you and your vehicle in the event of an accident.

Average Car Insurance Costs in New Hampshire by Age

Your age can have a big impact on how much your car insurance costs, but you can find cheap insurance for a new driver or a young driver. Here are the average premiums in New Hampshire by age group:

  • 22–29: $1,599 per year
  • 30–59: $950 per year
  • 60+: $1,044 per year

Younger drivers frequently pay higher insurance premiums than drivers between the ages of 30 and 59, while drivers over the age of 60 must pay higher premiums. New drivers will also pay higher premiums.

Age
Annual Premium
Monthly Premium

22-29

$714

$59

22-29

$1,599

$133

30-59

$950

$79

30-59

$463

$39

60 +

$505

$42

60 +

$1,044

$87

Average Car Insurance Costs in New Hampshire for Teens

The yearly premium for a 16-year-old male driver in New Hampshire on a family policy with full coverage is $1,898. Getting their own policy may cost around $3,837. Keep in mind teens under 18 might need a parent’s consent to purchase insurance.

Prices tend to decrease as drivers get older and have more experience. A 22-year-old on a family plan may pay $1,226 per year, while a 19-year-old pays $1,462. Comparing cheap New Hampshire insurance could save teens money.

Furthermore, rates vary significantly by gender in New Hampshire. A family plan for a 16-year-old female costs $1,712 per year on average, which is nearly $186 less than for a 16-year-old male.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$1,712

$143

$3,458

$288

16

$1,898

$158

$3,837

$320

17

$1,703

$142

$3,031

$253

17

$1,879

$157

$3,347

$279

18

$1,469

$122

$2,619

$218

18

$1,629

$136

$2,917

$243

19

$1,324

$110

$1,862

$155

19

$1,462

$122

$2,084

$174

20

$1,355

$113

$1,664

$139

20

$1,504

$125

$1,843

$154

21

$1,102

$92

$1,343

$112

21

$1,187

$99

$1,438

$120

22

$1,167

$97

$1,233

$103

22

$1,226

$102

$1,305

$109

23

$1,199

$100

$1,121

$93

23

$1,272

$106

$1,187

$99

24

$1,120

$93

$1,049

$87

24

$1,177

$98

$1,100

$92

25

$1,025

$85

$961

$80

25

$1,055

$88

$987

$82

Average Car Insurance Costs in New Hampshire for New Cars vs. Older Cars

New car insurance in New Hampshire costs $963, which is 29% higher than the $746 cost of insuring older vehicles. New cars are expensive to insure due to their high replacement value, high risk of theft and high repair costs.

The actual cash value (ACV) of your car is used as the basis for both comprehensive and collision repair costs. Insurance payouts and monthly payments are reduced as a result of the ACV's natural decline with age. Full coverage insurance is highly recommended for drivers in New Hampshire driving new vehicles. It covers both their legal liability for other people's losses and the damage to their own car.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$371

$31

2022 Vehicle

$377

$31

2012 Vehicle

$407

$34

2012 Vehicle

$427

$36

2022 Vehicle

$451

$38

2012 Vehicle

$510

$43

2012 Vehicle

$739

$62

2012 Vehicle

$746

$62

2022 Vehicle

$917

$76

2012 Vehicle

$948

$79

2022 Vehicle

$963

$80

2022 Vehicle

$1,222

$102

Average Car Insurance Costs in New Hampshire by Driving Record

Drivers who have traffic violations typically pay higher premiums for auto insurance than drivers with clean records. The following full coverage rates are what drivers in New Hampshire might pay based on their records:

  • Clean record: $950 annually
  • Ticket: $1,330 annually
  • At-fault accident: $1,623 annually
  • DUI: $2,117 annually

Typically, the cost is proportional to the severity of the traffic violation. For example, a DUI results in a higher insurance premium than a speeding ticket. You can find cheap car insurance in New Hampshire with a bad driving record if you compare quotes from multiple providers.

Driving Record
Annual Premium
Monthly Premium

Clean

$463

$39

Clean

$505

$42

Ticket

$639

$53

Ticket

$653

$54

Clean

$714

$59

At-Fault Accident

$796

$66

At-Fault Accident

$812

$68

Ticket

$874

$73

Clean

$950

$79

Clean

$1,044

$87

At-Fault Accident

$1,045

$87

DUI

$1,059

$88

DUI

$1,080

$90

Ticket

$1,322

$110

DUI

$1,323

$110

Ticket

$1,330

$111

Clean

$1,599

$133

At-Fault Accident

$1,617

$135

At-Fault Accident

$1,623

$135

Ticket

$1,891

$158

DUI

$2,116

$176

DUI

$2,117

$176

At-Fault Accident

$2,237

$186

DUI

$2,775

$231

Average Car Insurance Costs in New Hampshire by Credit Score

Your credit score will have a significant impact on your auto insurance premiums. The average annual rate for drivers with poor credit in New Hampshire is $1,029, while for those with excellent credit is $552. New Hampshire drivers can anticipate to pay, on average, the following full coverage rates based on their credit-based insurance scores:

  • Excellent: $552 per year
  • Good: $663 per year
  • Fair: $789 per year
  • Below fair: $885 per year
  • Poor: $1,029 per year

New Hampshire drivers with bad credit can get cheap insurance by shopping around and comparing quotes from multiple companies.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$301

$25

Excellent

$310

$26

Good

$358

$30

Good

$369

$31

Excellent

$371

$31

Fair

$420

$35

Fair

$432

$36

Good

$441

$37

Below Fair

$466

$39

Below Fair

$479

$40

Fair

$517

$43

Poor

$527

$44

Excellent

$540

$45

Poor

$542

$45

Excellent

$543

$45

Excellent

$552

$46

Excellent

$553

$46

Below Fair

$573

$48

Excellent

$588

$49

Excellent

$595

$50

Good

$648

$54

Poor

$651

$54

Good

$652

$54

Good

$663

$55

Good

$666

$55

Excellent

$692

$58

Good

$704

$59

Excellent

$710

$59

Good

$713

$59

Excellent

$739

$62

Fair

$769

$64

Fair

$775

$65

Fair

$789

$66

Fair

$794

$66

Good

$832

$69

Fair

$833

$69

Fair

$846

$71

Good

$855

$71

Below Fair

$862

$72

Below Fair

$866

$72

Below Fair

$885

$74

Good

$886

$74

Below Fair

$888

$74

Below Fair

$935

$78

Below Fair

$950

$79

Fair

$990

$83

Poor

$1,003

$84

Poor

$1,019

$85

Fair

$1,019

$85

Poor

$1,029

$86

Poor

$1,030

$86

Fair

$1,052

$88

Poor

$1,109

$92

Poor

$1,110

$92

Below Fair

$1,112

$93

Below Fair

$1,141

$95

Below Fair

$1,182

$98

Poor

$1,311

$109

Poor

$1,326

$111

Poor

$1,396

$116

Average Car Insurance Costs in New Hampshire by City

The cost of auto insurance in New Hampshire varies significantly by region. In Manchester, full coverage auto insurance costs $1,391 annually, which is higher than the state average. Due to factors like higher theft rates and denser populations, insurance premiums in Manchester could be more than the average.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Manchester

$2,055

$1,035

Manchester

$1,391

$722

Manchester

$1,344

$719

Insurance Rates

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Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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FAQ About Car Insurance Costs in New Hampshire

Insurance costs vary based on factors such as age, location and individual requirements. For more details, read our answers to frequently asked questions about auto insurance in New Hampshire.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.