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The Best Cheap Car Insurance Companies for NH Drivers in 2020

Most New Hampshire drivers will be able to choose from car insurance companies like Berkshire Hathaway, Progressive, State Farm, Liberty Mutual, Allstate, and USAA — which offers insurance to members of the military and veterans and their families.

The table below lists New Hampshire’s top insurance companies and the approximate monthly premium cost for an average driver. However, these numbers are rough estimates and may vary greatly from any individual quote that would pertain to your unique driving history and situation.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in New Hampshire for the cheapest car insurance on average.
$435
per year
2. Progressive
In 2020, Progressive ranked #2 in New Hampshire for the cheapest car insurance on average.
$593
per year
3. Concord Group
In 2020, Concord Group ranked #3 in New Hampshire for the cheapest car insurance on average.
$595
per year
4. Amica Mutual
In 2020, Amica Mutual ranked #4 in New Hampshire for the cheapest car insurance on average.
$645
per year
5. GEICO
In 2020, GEICO ranked #5 in New Hampshire for the cheapest car insurance on average.
$654
per year
6. State Farm
In 2020, State Farm ranked #6 in New Hampshire for the cheapest car insurance on average.
$707
per year
7. Commerce Group Inc
In 2020, Commerce Group Inc ranked #7 in New Hampshire for the cheapest car insurance on average.
$762
per year
8. Nationwide
In 2020, Nationwide ranked #8 in New Hampshire for the cheapest car insurance on average.
$888
per year
9. Allstate
In 2020, Allstate ranked #9 in New Hampshire for the cheapest car insurance on average.
$924
per year
10. MetLife
In 2020, MetLife ranked #10 in New Hampshire for the cheapest car insurance on average.
$1,238
per year

Estimates give you an idea of which companies to contact for car insurance quotes, but make sure to shop around when you’re looking for New Hampshire car insurance companies and ask about multi-policy discounts and other discounts for safe driving, long tenure with the company and more.

The Best Car Insurance Companies in New Hampshire for 2020

Finding New Hampshire’s best car insurance companies just got easier. We’ve created a unique rating system, based off of key factors such as affordability, claims score, customer satisfaction, and the financial strength of the company, from reputable outlets like JD Power and AM Best. Scores are out of 100 and weighted equally. See how the following companies rank in New Hampshire.

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


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 Berkshire Hathaway, Progressive, State Farm, Liberty Mutual, Allstate, USAA, Amica Mutual, Auto-Owners Insurance Group, MetLife and Travelers.

Berkshire Hathaway 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.

Company
Market Share
1. GEICO
14.23%
2. Progressive
12.75%
3. State Farm
12.15%
4. Liberty Mutual
10.63%
5. Allstate
10.06%
6. USAA
5.49%
7. Amica Mutual
3.52%
8. Auto-Owners Insurance Co
3.52%
9. MetLife
2.96%
10. Travelers
2.33%

Cheapest Car Insurance for Drivers With a DUI in New Hampshire

According to the Centers for Disease Control and Prevention, the percentage of adults who reported driving after drinking too much (in the 30 days prior to being surveyed) was 1.4% in New Hampshire.

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. 

Company
Amount
1. Progressive
In 2020, Progressive ranked #1 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$695
per year
2. USAA
In 2020, USAA ranked #2 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$723
per year
3. Concord Group
In 2020, Concord Group ranked #3 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,015
per year
4. Allstate
In 2020, Allstate ranked #4 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,144
per year
5. GEICO
In 2020, GEICO ranked #5 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,221
per year
6. State Farm
In 2020, State Farm ranked #6 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,291
per year
7. Commerce Group Inc
In 2020, Commerce Group Inc ranked #7 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,353
per year
8. Nationwide
In 2020, Nationwide ranked #8 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,611
per year
9. MetLife
In 2020, MetLife ranked #9 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$1,765
per year
10. Amica Mutual
In 2020, Amica Mutual ranked #10 in New Hampshire for the cheapest car insurance for drivers with a DUI.
$2,088
per year

While each insurance company calculates premiums differently, you can expect to pay an additional $40,000 over the course of 13 years in increased auto insurance premiums. Exactly how much your rate would go up depends on your insurance company, your location and your driving record. With a DUI you’ll likely pay higher rates for up to a decade.

Cheapest Car Insurance for NH Speeding or Distracted Driving Tickets

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. New Hampshire state laws prohibit all handheld device use while driving, according to the Governors Highway Safety Association

The following table features estimates of what drivers in New Hampshire can expect to pay for auto insurance after they receive a ticket for distracted driving or speeding.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in New Hampshire for the cheapest car insurance for distracted drivers.
$499
per year
2. GEICO
In 2020, GEICO ranked #2 in New Hampshire for the cheapest car insurance for distracted drivers.
$654
per year
3. Concord Group
In 2020, Concord Group ranked #3 in New Hampshire for the cheapest car insurance for distracted drivers.
$669
per year
4. State Farm
In 2020, State Farm ranked #4 in New Hampshire for the cheapest car insurance for distracted drivers.
$707
per year
5. Amica Mutual
In 2020, Amica Mutual ranked #5 in New Hampshire for the cheapest car insurance for distracted drivers.
$790
per year
6. Progressive
In 2020, Progressive ranked #6 in New Hampshire for the cheapest car insurance for distracted drivers.
$799
per year
7. Commerce Group Inc
In 2020, Commerce Group Inc ranked #7 in New Hampshire for the cheapest car insurance for distracted drivers.
$879
per year
8. Nationwide
In 2020, Nationwide ranked #8 in New Hampshire for the cheapest car insurance for distracted drivers.
$1,036
per year
9. Allstate
In 2020, Allstate ranked #9 in New Hampshire for the cheapest car insurance for distracted drivers.
$1,043
per year
10. MetLife
In 2020, MetLife ranked #10 in New Hampshire for the cheapest car insurance for distracted drivers.
$1,567
per year

Your auto insurance rate is likely to go up if you get a ticket for speeding or for distracted driving. According to the Insurance Information Association, your driving record is taken into account when you secure your auto policy, so being riskier to insure means paying higher premiums. Your insurer can also re-evaluate your rate if you get a moving violation (i.e., a speeding ticket). 

Cheapest Car Insurance Companies in NH for Drivers With Bad Credit

According to Experian, the average FICO Score in the United States hit a record high of 703 in 2019, which is lower than the New Hampshire average FICO Score of 724. Nationwide Insurance uses credit scores to determine premiums as studies show that using a credit score helps companies better predict insurance losses. If you have subprime credit (credit scores below 670), you’ll likely have to shop around to secure affordable car insurance in New Hampshire.

Consider the following table for an estimate of New Hampshire auto insurance for people with low credit scores.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$765
per year
2. Concord Group
In 2020, Concord Group ranked #2 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$852
per year
3. Commerce Group Inc
In 2020, Commerce Group Inc ranked #3 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$979
per year
4. GEICO
In 2020, GEICO ranked #4 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,030
per year
5. Progressive
In 2020, Progressive ranked #5 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,043
per year
6. Amica Mutual
In 2020, Amica Mutual ranked #6 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,167
per year
7. Nationwide
In 2020, Nationwide ranked #7 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,203
per year
8. Allstate
In 2020, Allstate ranked #8 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,255
per year
9. State Farm
In 2020, State Farm ranked #9 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$1,558
per year
10. MetLife
In 2020, MetLife ranked #10 in New Hampshire for the cheapest car insurance for drivers with poor credit.
$2,412
per year

To improve your credit rating, check out our guide on how to improve your credit score.

Cheapest Car Insurance Companies in New Hampshire for Seniors

When shopping for car insurance, seniors in New Hampshire should ask for discounts for completing driver safety courses, discounts for driving infrequently and discounts for choosing a vehicle that has good safety features. There are other options that seniors can consider when it comes to choosing auto insurance.

The following table is a general guideline of what seniors in New Hampshire can expect when they go looking for the most affordable car insurance.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in New Hampshire for the cheapest car insurance for seniors.
$511
per year
2. Concord Group
In 2020, Concord Group ranked #2 in New Hampshire for the cheapest car insurance for seniors.
$623
per year
3. GEICO
In 2020, GEICO ranked #3 in New Hampshire for the cheapest car insurance for seniors.
$647
per year
4. Progressive
In 2020, Progressive ranked #4 in New Hampshire for the cheapest car insurance for seniors.
$685
per year
5. State Farm
In 2020, State Farm ranked #5 in New Hampshire for the cheapest car insurance for seniors.
$695
per year
6. Commerce Group Inc
In 2020, Commerce Group Inc ranked #6 in New Hampshire for the cheapest car insurance for seniors.
$723
per year
7. Amica Mutual
In 2020, Amica Mutual ranked #7 in New Hampshire for the cheapest car insurance for seniors.
$861
per year
8. Nationwide
In 2020, Nationwide ranked #8 in New Hampshire for the cheapest car insurance for seniors.
$950
per year
9. Allstate
In 2020, Allstate ranked #9 in New Hampshire for the cheapest car insurance for seniors.
$1,125
per year
10. MetLife
In 2020, MetLife ranked #10 in New Hampshire for the cheapest car insurance for seniors.
$1,328
per year

In New Hampshire, all drivers must renew every five years, and the most common restriction for older drivers is to require glasses or corrective contact lenses. A road test may be required at renewal at the discretion of DMV personnel.

Cheapest Car Insurance for Students

New Hampshire Car Insurance: How Much a Teen Driver Will Cost You

Median annual price change for families with a teen driver on their policy:

$1,900 INCREASE

This is a difference of 142%.

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.


Company
Amount
1. Progressive
In 2020, Progressive ranked #1 in New Hampshire for the cheapest car insurance for students.
$1,338
per year
2. Allstate
In 2020, Allstate ranked #2 in New Hampshire for the cheapest car insurance for students.
$1,883
per year
3. GEICO
In 2020, GEICO ranked #3 in New Hampshire for the cheapest car insurance for students.
$1,986
per year
4. State Farm
In 2020, State Farm ranked #4 in New Hampshire for the cheapest car insurance for students.
$2,535
per year
5. Nationwide
In 2020, Nationwide ranked #5 in New Hampshire for the cheapest car insurance for students.
$2,867
per year


Premium Comparison by Student Type

Premium comparison for two adults + 16 years old

car
Average premium for two 2014

Mustang GTs

$4,845
car
Average premium for two 2008

Town and Country Limiteds

$2,837
Annual benefits of minivans:$2,008 saved

This is 41% less expensive.

Cheaper premium for college vs. high school drivers

Median premium change with a college student vs. high school driver:

$520 DECREASE

This is a savings of 14%.

Potential discounts for teens in New Hampshire

Impact on annual premium with good student and defensive driving discounts:

coins
$461 SAVED

New Hampshire students: a long-distance discount

You may pay a smaller annual family premium if your child lives 150 miles or more away from home.

male
Average premium for a 19-year-old male
car

$3,499 at home

graduation

$3,046 at school

$453 IN SAVINGS

female
Average premium for a 19-year-old female
car

$2,920 at home

graduation

$2,647 at school

$273 IN SAVINGS

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, and 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. 

Age savings for New Hampshire service members

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

$357 Saved
$140 Saved

Median auto insurance for service members: $1,022

Who Needs Car Insurance in New Hampshire?

New Hampshire has no mandatory auto insurance law. However, the Division of Motor Vehicles recommends that you carry auto liability insurance policies that meet the state's minimum requirements (see below). 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.

The DMV can also suspend a driver’s license or vehicle registration for any of the following violations:

  • Driving while intoxicated (DWI)
  • Failing to report an accident
  • Vehicular homicide or assault
  • Second-offense excessive speeding
  • Second-offense reckless driving

Proof of Insurance in New Hampshire

New Hampshire has no mandatory insurance law. The Division of Motor Vehicles strongly recommends and urges all owners of motor vehicles to 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 minimum amount of insurance (as noted below) and file an SR-22 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 are required to show proof of financial responsibility — that means having enough money to cover the cost of an accident or buying insurance. 

The minimum auto liability insurance limits in New Hampshire are 25/50/25:

  • $25,000 bodily injury per person per accident
  • $50,000 bodily injury for all persons per accident
  • $25,000 property damage liability
  • $25,000/$50,000 uninsured/underinsured motorist coverage
  • You may also have medical payments coverage of at least $1,000

Alternatives to Insurance in New Hampshire

According to the State of New Hampshire Insurance Department, residents aren’t required to purchase insurance, but must be able to demonstrate that you are able to provide sufficient funds to meet New Hampshire Motor Vehicle Financial Responsibility Requirements in the event of an “at-fault” accident. If you are unable to meet these requirements, your driving privileges in New Hampshire may be suspended.

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.

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

Car Insurance Requirements in NH: How Much Coverage Do You Need?

What percentage of drivers in New Hampshire lack vehicle insurance?

9.9%

National average: 12.6%

Source:

Insurance Information Institute.

It can be tempting to think of the savings that come along 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 you should take the "it-could-happen" approach.

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 an injury/death to one person and $300,000 for injury/death to two or more people. You may also want to consider adding comprehensive/collision insurance to cover your own vehicle, or getting uninsured motorist coverage in case you're hit by someone who doesn't have insurance. Uninsured motorist insurance also covers damage from hit-and-run drivers.

For more on the common types of car coverage and what's best for you, check out the MoneyGeek guide to car insurance.


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Sources