Cheapest Car Insurance in New Hampshire

New Hampshire's most affordable car insurance provider is Hanover, with an average cost of just $11 monthly or $133 annually for minimum coverage. This rate is $254 less than the state average, according to data from Quadrant Information Services as of December 2024. Read our research methodology to learn how we found the cheapest New Hampshire car insurance.

Hanover is the cheapest car insurance company for many drivers in New Hampshire, with an average monthly cost of $25 for minimum and full coverage policies. This rate is much lower than the state average of $48. Safety Group, Vermont Mutual, GEICO and MAPFRE also offer affordable rates.

*We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

Hanover is the cheapest car insurance company in New Hampshire for minimum and full coverage policies. However, the best rate for you depends on your details. Below are the most affordable car insurance rates for different driver profiles.

Hanover offers the cheapest minimum coverage in New Hampshire. Vermont Mutual, Safety Group and MAPFRE also provide affordable options. Use the table below to compare these rates with the monthly state average.

Hanover is the cheapest full coverage auto insurance provider in New Hampshire, with rates averaging $40 per month or $479 per year, $24 lower than the state average. Check the table below for more options.

In New Hampshire, Hanover offers the best rates for young adult drivers. A minimum coverage policy costs an average of $18 per month for 25-year-olds.

*We used minimum coverage for a 25-year old driver with good credit and no driving violations to determine the cheapest provider.

Hanover is a top choice for affordable auto insurance for young drivers in New Hampshire. Whether you need minimum coverage or have a driving violation, Hanover offers competitive rates. Your premium may vary based on your driving history, but Hanover is a good place to start for budget-friendly coverage.

In New Hampshire, senior drivers can get affordable rates with Hanover, offering minimum coverage at $15 monthly.

*We used minimum coverage for a 65-year old driver with good credit and no driving violations to determine the cheapest provider.

Hanover offers the cheapest rates for senior drivers in New Hampshire, with minimum coverage starting at $15 per month and full coverage at $53. Your quote may vary, but these rates provide a helpful guide when comparing car insurance options.

Drivers in New Hampshire with a DUI, at-fault accident or speeding ticket are considered high-risk and pay higher premiums than those with a clean record. Rates vary by offense. Below are the best car insurance options for high-risk drivers.

Hanover offers the best rates for New Hampshire drivers with DUIs, averaging $24 per month ($283 per year) for minimum coverage. Check the table below for a list of insurance providers and their average monthly premiums for drivers with DUIs in the state.

*We used a 40-year-old driver with good credit and a DUI on record to calculate these averages.

Hanover, with rates averaging $22 per month ($264 per year), is the cheapest company for drivers after an at-fault accident. The table below lists other insurers offering affordable coverage for drivers with accidents on their records. Rates are for minimum coverage policies.

*We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

Hanover has the cheapest insurance for New Hampshire drivers with speeding tickets at $19 per month. The table below compares providers offering minimum coverage for drivers with speeding tickets.

*We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

Hanover is the cheapest car insurance provider for drivers with poor credit, offering rates as low as $16 monthly and $192 annually for minimum coverage. Check the table below for more options.

*These rates are based on a 40-year-old driver with bad credit and a clean driving record.

For affordable home and auto insurance bundles in New Hampshire, State Farm leads at $1,375 annually. Check the table below for more cost-effective options.

*Rates are for a 40-year-old driver with good credit and no driving violations.

The average cost of car insurance in New Hampshire is $64 for full coverage and $32 for minimum coverage. Understanding these averages helps you gauge if you're getting a fair deal.

Car insurance in New Hampshire is among the cheapest in the U.S., ranking 50th overall. Its affordability is due to factors like low population density, minimal natural disasters and a below-average vehicle theft rate, which help keep minimum coverage costs low.

In New Hampshire, drivers must carry at least the state’s minimum car insurance coverage: $25,000 for bodily injury per person, $50,000 per accident, and $25,000 for property damage. Policies also require uninsured/underinsured motorist coverage at the same limits and at least $1,000 for medical payments.

If you finance or lease a vehicle, you’ll likely need comprehensive and collision coverages in addition to the minimum requirements. While minimum coverage is the cheapest option, it offers the least protection. Experts recommend full coverage with the highest deductible and liability limits you can afford to protect your finances better.

Drivers with serious traffic violations, like speeding or drunk driving, might need SR-22 insurance, which can raise premiums. You or your insurance company can submit the SR-22 form in New Hampshire. It remains valid for three years from your most recent offense.

A common alternative to car insurance in New Hampshire is a surety bond. This bond guarantees payment for damages if you cause an accident, helping you meet the state's insurance requirements.

Self-insurance is another option for business owners. It involves setting aside enough money to cover potential accident costs and proving to the state that you can handle claims without traditional insurance.

MoneyGeek recommends full coverage car insurance, which includes liability, collision and comprehensive coverage. We suggest the following liability limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage pays for off-road damage to your car if it's stolen, vandalized or damaged by something other than a collision, like severe weather or a fire. Collision coverage pays for damage to your car in an on-road collision.

If you own a valuable car, it's wise to purchase both comprehensive and collision insurance, even though it’s not legally required. Tailor your deductible to what you can afford to pay out of pocket before your insurance covers the rest.

Hanover has New Hampshire's cheapest car insurance, at $40 monthly for full coverage and $11 for minimum coverage. While low prices are tempting, the most affordable option isn't always the best for car insurance. Experts recommend getting the most coverage you can afford for the best financial protection.

We answer common questions about the cheapest car insurance in New Hampshire to ensure you get the right minimum coverage for your needs.

MoneyGeek obtained auto insurance rates from the New Hampshire Department of Insurance and Quadrant Information Services. We examined 12,158 auto insurance quotes from 11 providers across 13 ZIP codes to determine the most affordable car insurance companies in New Hampshire.

New Hampshire Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in New Hampshire:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model and military service where specified.

Standard Coverage Levels in New Hampshire

We compared New Hampshire car insurance companies that offer minimum and full coverage policies. The minimum coverage liability limits in New Hampshire are:

• $25,000 for bodily injury liability per person
• $50,000 for bodily injury liability per accident
• $25,000 for property damage liability per accident
• $25,000 uninsured motorist bodily injury per person
• $50,000 uninsured motorist bodily injury per accident
• $25,000 uninsured/underinsured property damage coverage
• $1,000 medical payments coverage

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in New Hampshire

MoneyGeek analyzed the rates of insurance companies for a full coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible