1. Home
  2. The Best Affordable Car Insurance in New Hampshire for 2021

Cheapest Car Insurance Companies and Quotes in New Hampshire

If you are looking for the cheapest car insurance in New Hampshire, several unique factors influence premiums. MoneyGeek ranked the most affordable car insurance companies in New Hampshire based on comprehensive and collision coverage for the average driver. To know how much you can expect to pay, you can compare car insurance quotes and annual premiums from multiple providers.

Average Comprehensive and Collision Rates in New Hampshire

These are approximate costs for the average driver. Each provider weighs risk differently. Some might provide larger discounts for drivers with a clean driving record, while some might impose higher premiums on drivers with DUIs or tickets. You can shop around for the deal that makes sense to you.

Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Insurance Rates

Cheapest Liability Car Insurance in New Hampshire

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 Liability Coverage

The Best Car Insurance Companies in New Hampshire for 2021

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.

Expand All Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

State FarmScore: 92.5
+

4/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

3

GEICOScore: 92.5
+

4/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

4

AllstateScore: 87.5
+

4/5

User Satisfaction

4/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

5

NationwideScore: 85
+

3/5

User Satisfaction

4/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

6

ProgressiveScore: 82.5
+

3/5

User Satisfaction

2/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

7

TravelersScore: 80
+

2/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A++

Financial Stability

8

HanoverScore: 77.5
+

3/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A

Financial Stability

9

MetLifeScore: 77.5
+

2/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A+

Financial Stability

10

Liberty MutualScore: 75
+

2/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

Market Share by Company

According to 2018 data from the National Association of Insurance Commissioners, the top-rated auto insurance companies in New Hampshire are GEICO, Progressive, State Farm and Liberty Mutual.

GEICO has the greatest market share in the state at 14.23%, followed by Progressive at 12.75%, State Farm at 12.15% and Liberty Mutual at 10.63%.

Check out the top insurers in New Hampshire in the table below.

Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Insurance Rates

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

Cheapest Car Insurance for Drivers With a DUI in New Hampshire

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 following auto insurance rates for drivers who receive a DUI in New Hampshire.

Average Car Insurance Rates With a DUI

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.

Cheapest Car Insurance With Tickets in New Hampshire

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 following chart provides estimates of what New Hampshire drivers can anticipate paying for auto insurance if they get a ticket for distracted driving or speeding.

Average Car Insurance Rates With a Ticket

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.

Cheapest Car Insurance Companies in New Hampshire 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 following table shows estimates of New Hampshire car insurance rates for people with low credit scores.

Average Car Insurance Rates for Drivers With Bad Credit

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/

Cheapest Car Insurance Companies in New Hampshire 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.

Average Car Insurance Rates for Seniors

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.

Cheapest Car Insurance for Students in New Hampshire

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.

Average Car Insurance Rates for Students

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

male
25 years$1,401
50 years$1,044
female
25 years$1,169
50 years$1,029

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.

Car insurance companies use your location to calculate your rate.
Explore average rates for your city.

Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Insurance Rates

About the Author


expert-profile

Laura Longero is an award-winning journalist who has 15 years of experience in the industry across content creation, writing and editing, communications and storytelling. She spends her free time wrangling her kids, reading and pinching pennies.


sources