To help you find the best car insurance for your requirements, MoneyGeek ranked the leading auto insurance companies in New Hampshire based on factors like affordability, customer satisfaction and more. Insurers base their rates on individual factors like age, location and driving history, so it is important to shop around and get multiple quotes if you want to save money and find the right coverage for you. MoneyGeek's rankings showcase a potential savings of $803 when comparing car insurance rates from affordable companies in New Hampshire.
The Best Cheap Car Insurance in New Hampshire for 2021
The Cheapest and Best Car Insurance in New Hampshire
Minimum liability coverage is the cheapest insurance option for drivers in New Hampshire. This policy provides the state’s minimum car insurance requirements.
The cheapest insurance companies in New Hampshire for minimum liability coverage are:
- USAA: $204 per year (for current and former military members)
- Amica Mutual: $304 per year
The most expensive insurance carrier for minimum liability coverage in New Hampshire is MetLife, with an average cost of $734 per year. In New Hampshire, USAA offers the cheapest average annual rates for the state minimum and 50/100/50 liability-only insurance coverage. But USAA only caters to current and former military staff members and their families. The next most affordable option for both types of coverage is Amica Mutual. Ideally, you might want to look beyond liability-only car insurance, as it only covers the other party’s costs in an at-fault accident. To get more protection for yourself and your vehicle, you could consider comprehensive and collision coverage.
Average Cost for Minimun Liability Coverage
The quotes mentioned above are average estimates of the cost of a minimum liability policy in New Hampshire and should only serve as a guide when comparing car insurance prices.
These prices are only estimates based on rates for an average New Hampshire driver and should not be used to compare insurance prices.
A minimum liability policy covers bodily injury and property damage liability insurance, medical payments coverage, and uninsured/ underinsured motorist protection. If you need a policy that protects your car from damage or if you want higher limits, a full-coverage policy is necessary.
New Hampshire’s full coverage insurance costs more than minimum liability coverage. Full coverage policies feature comprehensive and collision insurance that includes coverage for road accidents and off-road incidents. Coverage rates differ between insurance companies, so drivers can compare quotes from various insurers to secure the best rates.
The cheapest companies for full coverage car insurance in New Hampshire are:
- USAA: $435 per year (for former and current military members only)
- Progressive: $593 per year
MetLife is the most expensive for full coverage insurance, costing an average cost of $1,652 per year.
Average Comprehensive and Collision Rates in New Hampshire
New Hampshire drivers may pay different figures from the above estimates depending on their age, credit score, history of violations and other factors. The averages above are for a comprehensive and collision insurance policy with $100,000 bodily injury liability coverage per person, $300,000 bodily injury liability coverage per accident and $100,000 property damage coverage per accident.
The Best Car Insurance Companies in New Hampshire for 2021
According to MoneyGeek, the best car insurance companies in New Hampshire for most drivers are:
- Best Overall: State Farm
- Runner-up: GEICO
USAA received the highest score in New Hampshire by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To find the best car insurance companies in New Hampshire, MoneyGeek ranked the top providers based on customer service standards, pricing, financial strength and the ability to pay claims.
To score each factor, MoneyGeek used data from J.D. Power’s U.S. Auto Insurance Study and AM Best’s financial strength ratings, along with unique pricing data. MoneyGeek gave each criterion equal weight to arrive at a final score out of 100.
USAA provides the lowest car insurance rates in the country and New Hampshire. It’s important to remember that it is only available to former and current military members.
USAA has better rates for loyal members and reduces car insurance prices for drivers in New Hampshire whose parents are USAA policyholders. If you are an active military member and you garage your car on the military base, you also receive lower car insurance rates than other customers.Read MoneyGeek's USAA auto Insurance Review
State Farm has lower claims processing and affordability scores than USAA but provides excellent best customer experiences. The company features a wide agent network that facilitates quick quote processing.
Student drivers in New Hampshire may benefit from lower premiums from State Farm until they are 25 years old. The company provides rideshare insurance to drivers who use their cars to drive for Lyft or Uber. Those who use the Drive Safe & Save app also receive lower car insurance rates.Read MoneyGeek's State Farm auto Insurance Review
While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.
List of the Largest Insurance Companies in New Hampshire
GEICO has the largest market share in New Hampshire, followed by Progressive and State Farm. Market share is determined by dividing the number of premiums written by an insurer by the number of total premiums written in the state. Insurers with the largest market share are more stable financially and process customer claims without difficulty. However, they may not provide the best coverage for all drivers.
- CompanyMarket Share
How to Compare Cheap New Hampshire Car Insurance Quotes Online
Insurance companies in New Hampshire provide a section on their website where drivers can request fairly accurate quotes. Ensure you know your coverage needs before shopping around.
Specify the same coverage levels while comparing rates. If you are looking for comprehensive and collision insurance with a $500 deductible, use this amount with all providers to compare rates accurately.
To complete a quick comparison, enter your ZIP code below. You can also use MoneyGeek’s data to select the companies you wish to contact for a quote.
According to MoneyGeek, the most affordable car insurance companies in New Hampshire are USAA, Amica Mutual and Commerce Group Inc. You can review these options first as you begin shopping.
What Is the Average Cost of Car Insurance in New Hampshire?
Many unique factors help insurers determine their car insurance premiums. MoneyGeek calculated average 100/300/100 comprehensive and collision coverage rates for a typical 40-year-old male with a Toyota Camry with a clean driving record. Depending on the coverage you choose and your driving history, your premiums can be significantly higher or lower than these New Hampshire averages.
- Average Driver: $778
- DUI: $1,354
- Speeding Ticket: $905
- Poor Credit Score: $1,278
- Seniors: $849
- Students: $2,089
Drivers in New Hampshire with severe traffic violations, such as a DUI, pay higher car insurance rates. The average cost of car insurance for drivers in New Hampshire with a DUI is $1,354 per year, while those without DUIs pay $778.
The cheapest companies for drivers with a DUI in New Hampshire are:
- Progressive: $695 per year
- USAA: $723 per year (for military personnel only)
Progressive is the cheapest for drivers with a DUI. USAA is the cheapest for drivers without a DUI and second-best for those with a DUI.
Average Car Insurance Rates With a DUI
According to the Centers for Disease Control and Prevention, 1.5% of drivers in New Hampshire reported driving after drinking too much (in the 30 days prior to being surveyed). Additionally, there were 354 fatalities caused by alcohol-impaired drivers in New Hampshire between 2009 and 2018.
The financial repercussions of getting a DUI are costly and can range from court and legal fees to alcohol education treatment programs. Additionally, your insurance rate will also see a spike in cost in addition to the legal fees. Consider the above auto insurance rates for drivers who receive a DUI in New Hampshire.
While each insurance company calculates premiums differently, getting a DUI can cost you over $40,000 over the course of 13 years. How much your rate will go up depends on your insurance company, your location and your driving record.
New Hampshire drivers with minor traffic offenses like speeding tickets pay more for car insurance. On average, drivers with tickets pay $905 per year, while those without tickets pay $778.
The top auto insurance companies in New Hampshire for drivers with speeding tickets are:
- USAA: $499 per year (meant for military persons only)
- GEICO: $654 per year
USAA is the cheapest for drivers with a clean record and those with speeding tickets. GEICO has better rates than Progressive, the second cheapest for drivers with zero tickets.
Average Car Insurance Rates With a Ticket
According to the National Highway Traffic Safety Administration’s (NHTSA) 2018 Fatality Analysis Reporting System (FARS), 134 crashes in New Hampshire were caused by distracted driving. Driving while distracted can cause accidents and make your rates go up, so it's best to pay attention when you are behind the wheel.
The above chart provides estimates of what New Hampshire drivers can anticipate paying for auto insurance if they get a ticket for distracted driving or speeding.
Your auto insurance rate will likely go up if you get a ticket for speeding or for distracted driving. According to the Insurance Information Institute, your driving record is considered when insurance companies provide you with quotes and policies. Being riskier to insure means paying higher premiums. Your insurer can also re-evaluate your rates if you get a moving violation.
Drivers in New Hampshire with bad credit scores pay higher car insurance rates. The average cost for drivers with good credit scores in the state is $778, while drivers with bad credit scores pay an average of $1,278.
Insurance providers with the best full coverage rates for drivers with bad credit scores are:
- USAA: $765 per year (meant for military persons only)
- Concord Group: $852 per year
USAA offers the cheapest car insurance for drivers with good and bad scores. Concord Group outranks Progressive in terms of affordability for drivers with bad credit scores.
Average Car Insurance Rates for Drivers With Bad Credit
In New Hampshire, the average FICO score is 724, according to Experian. Studies show that using a credit score helps companies better predict the chances someone will file a claim, consequently impacting insurance rates. If you have bad credit, you may want to look into providers who offer cheap coverage for drivers with bad credit.
The above table shows estimates of New Hampshire car insurance rates for people with low credit scores.
Improving your credit score can help reduce your auto insurance rates. Take the time to learn about what impacts credit scores and work to improve your score to get the best rates/
Senior drivers pay more than middle-aged drivers and young adults. On average, non-senior drivers in New Hampshire pay $778 per year. Senior drivers in New Hampshire pay $849.
The cheapest companies in New Hampshire for senior drivers are:
- USAA: $511 per year (for military members only)
- Concord Group: $623 per year
USAA has the cheapest rates for seniors as well as average drivers. Concord Group offers lower rates than Progressive for senior drivers.
Average Car Insurance Rates for Seniors
In 2017, 20.4% of fatal car crashes were caused by drivers over the age of 65. Seniors in New Hampshire should ask for discounts for completing driver safety courses, driving infrequently and choosing a vehicle that has good safety features. Senior drivers should make sure to compare car insurance rates to get the best price.
In New Hampshire, all drivers must renew their license every five years. The most common restriction for older drivers is to require glasses or corrective contact lenses. The DMV may require seniors to take a road test at the time of renewal.
Young student drivers in New Hampshire are charged more for car insurance since they are inexperienced and riskier to insure. The average cost of car insurance for student drivers is $2,089 per year, about three times what adult drivers pay.
The cheapest full coverage companies for student drivers in New Hampshire are:
- Progressive: $1,338 per year
- Allstate: $1,883 per year
In comparison, USAA and Progressive offer the best rates for adult drivers.
Average Car Insurance Rates for Students
To best prepare teen drivers, the state of New Hampshire requires drivers younger than 18 to complete a driver education course and enroll in a graduated licensing system. This process includes a learning permit (age 15) and a youth operator license (ages 16 to 21). Parents should notify their insurance company when their teen begins to drive.
College students moving to New Hampshire to attend school are not required to establish residency there. If they do choose to become a resident, the state requires them to register their vehicles and obtain a New Hampshire driver's license within 60 days of establishing residency.
Insurance Rate Information for Military Drivers and Veterans
Military members might be able to obtain discounted auto insurance in New Hampshire. Most of the major carriers give discounts to military families. Several insurance companies sell policies only to veterans and active-duty enlisted, such as USAA.
Whether you're stationed in New Hampshire or are a New Hampshire resident deployed elsewhere, residents must register their vehicles every year.
Average Rates for New Hampshire service members
Car Insurance in New Hampshire: What You Need to Know
New Hampshire has no mandatory auto insurance law. However, the Division of Motor Vehicles still recommends that you carry auto liability insurance. Additionally, if you have ever been convicted of driving under the influence or leaving the scene of an accident, you may be required to purchase auto insurance.
Proof of Insurance in New Hampshire
New Hampshire has no mandatory insurance law. The Division of Motor Vehicles strongly recommends that all motor vehicle owners carry standard liability and property damage insurance.
If you cause an accident without insurance or proof of financial responsibility on file, you will be required to purchase the state’s minimum amount of insurance, file a form with the DMV for three years and pay a $500 fee to restore your license and registration.
Minimum Liability Insurance Requirements in New Hampshire
Although New Hampshire doesn't require auto liability insurance policies, drivers must show proof of financial responsibility, which means having enough money to cover the cost of an accident or buying insurance.
If the state requires you to purchase insurance due to a DUI conviction or uninsured accident, the minimum auto liability insurance limits in New Hampshire are:
- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $25,000 property damage liability
- $25,000/$50,000 uninsured/underinsured motorist coverage
- $1,000 of medical payments coverage
Alternatives to Insurance in New Hampshire
According to the State of New Hampshire Insurance Department, residents don’t need to purchase insurance but must demonstrate that they can provide sufficient funds to cover an at-fault accident. If you are unable to meet these requirements, the state may suspend your driving privileges.
High-Risk Auto Insurance Program in New Hampshire
If you can't buy insurance through a traditional carrier, perhaps because of a spotty driving record, you may still be able to obtain coverage through the New Hampshire Automobile Insurance Plan. Applicants must demonstrate they applied for and were denied coverage within the past 60 days.
How Much Coverage Do You Need in New Hampshire?
It can be tempting to think of the savings that come with not buying auto insurance in New Hampshire. However, no agency in New Hampshire recommends skipping insurance. No one plans on being in an accident, but this is a situation where you’re better safe than sorry.
To choose the right amount of insurance, consider what you stand to lose after an accident. Insurance industry experts traditionally recommend a 100/300 policy that covers up to $100,000 for injuries per person and $300,000 for injuries per accident. You may also want to consider adding comprehensive and collision insurance to cover your vehicle or getting uninsured motorist coverage in case someone who doesn't have insurance hits your car. Uninsured motorist insurance also covers damage from hit-and-run drivers.
Average Insurance Rate by City in New Hampshire
Scroll for more
FAQs About Car Insurance in New Hampshire
The main questions about car insurance in New Hampshire are cost and coverage limits. Some of the common questions in the state are:
About the Author
- Centers for Disease Control and Prevention. "Sobering Facts: Alcohol-Impaired Driving State Fact Sheets." Accessed December 29, 2020.
- Experian. "2019 Consumer Credit Review." Accessed March 14, 2020.
- Insurance Information Institute. "Do auto insurance premiums go up after a claim?." Accessed March 14, 2020.
- National Association of Insurance Commissioners. "2018 Market Share Reports." Accessed March 14, 2020.
- National Highway Traffic Safety Administration. "Fatality Analysis Reporting System (FARS)." Accessed March 14, 2020.
- National Highway Traffic Safety Administration. "Traffic Safety Facts." Accessed March 14, 2020.
- NOLO. "New Hampshire Driving Laws for Seniors and Older Drivers." Accessed March 14, 2020.