Note from the editor: Perhaps you are looking for car insurance for your first time, or you want to shop for insurance to lower your monthly premium. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not […]
Note from the editor: Perhaps you are looking for car insurance for your first time, or you want to shop for insurance to lower your monthly premium. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not be able to see exact premiums, they will give you an idea about the best rates available in your area.
A 2022 Consumer Affairs report rated New Hampshire as having the best roads in America. Before you enjoy the ride, make sure your car is insured.
We compared the estimated car insurance rates of several insurance companies. We calculated the average cost for basic coverage as well as the lowest estimated rates for drivers with specific needs in New Hampshire.
To evenly compare rates and get a baseline view, we used a fairly neutral driver profile (no claims, tickets, or accidents). Your driving record and other factors that impact car insurance such as your vehicle type, mileage and age can all affect the rates you receive.
Continue reading to find out about New Hampshire’s average auto insurance rates. We also have our findings on the best options for minimal coverage.
New Hampshire car insurance costs
The average monthly premium for basic car insurance in New Hampshire is just over $50. It can go up to $90 depending on the driver profile.
Monthly average auto insurance premiums in New Hampshire
Driver and coverage |
Avg. Monthly cost |
|---|---|
| New Hampshire has a minimum state-minimum auto insurance | $50.23 |
| New Hampshire drivers with poor credit | $90.98 |
| New Hampshire Drivers with Multiple Claims | $91.56 |
| Young drivers in New Hampshire | $86.48 |
Based upon our standard driver profile to ensure minimum coverage, unless noted
5 Best Car Insurance Companies in New Hampshire
USAA was the top-rated insurer for many New Hampshire driver profiles. We have reaffirmed that the rates shown below are based on a driver profile to evaluate insurers equally.
Rates could vary. Our New Hampshire driver profile has a 680- 719 credit score, 36 to 45 year old, no coverage gaps and a car worth between $20,000 and $30,000, unless otherwise noted. You are not alone? We’ve calculated the best options to suit drivers with different credit scores and ages.
1. USAA
A New Hampshire driver profile could get basic car insurance from USAA starting at $26.03 per monthly. USAA car insurance is only available to U.S. military personnel, veterans, spouses, and children of USAA members. USAA car insurance offers additional coverage such as collision, comprehensive, uninsured, and underinsured motorist.
Customers may be eligible for discounts for bundling policies, setting up automatic payments, and having good grades. Participating in USAA SafePilot(r), a safe driving program, can save drivers up to 30%
Review USAA auto insurance.
2. Commerce Group Inc.
Commerce Group could help our New Hampshire driver profile find minimum coverage starting at $28.50 per monthly. Commerce Group offers insurance brokerage services that allow drivers to shop for car insurance from multiple insurance companies. Commerce Group makes insurance purchases from over 75 insurance companies, including Safeco Travelers, Liberty Mutual, Progressive, and Travelers.
3. Safety Group
Safety Group can offer basic car insurance to New Hampshire drivers for as low as $31.67 per monthly. Safety Group offers loan/lease gap coverage as well as an enhanced insurance package called Safety Shield. This includes collision waiver of the deductible, glass coverages, emergency road travel expenses expenses, airbag coverage, transportation costs and guaranteed replacement cost. Multipolicy, loyalty, and e-customer discounts are possible.
4. Patriot Group
Our New Hampshire driver profile can get basic car insurance starting at $33 per month with Patriot Group. Patriot Group is an independent agent that sells insurance. It offers optional coverage for vehicle damage and property damage as well as for medical and funeral expenses, work losses, accidental injury or deaths, court costs, towing, and rental cars. You can also get classic car coverage and safe-driving discounts.
5. Encompass
Encompass could provide minimum coverage to New Hampshire drivers for $37.46 per monthly. Either upgrade to the EncompassOne(r), which covers your car and home or choose standalone car insurance. The company offers car insurance discounts to safe drivers, students, and cars with certain safety features.
The cheapest state-minimum auto insurance in New Hampshire
Nearly every state requires drivers have car insurance. Most states also specify the minimum amount they should carry. The minimum required in New Hampshire is 25/50/25.
5 best car insurance companies New Hampshire to provide state-minimum coverage
1 |
USAA |
$26.03/month |
2 |
Commerce Group Inc. |
$28.50/month |
3 |
Safety Group |
$31.67/month |
4 |
Patriot Group |
$33.00/month |
5 |
Encompass |
$37.46/month |
Based upon our standard driver profile, seeking minimum coverage for New Hampshire
Best car insurance for people with good credit in New Hampshire
Your credit score is one of the main factors that determine your car insurance costs. Drivers with excellent credit are more likely to get lower auto insurance rates than drivers with less credit.
5 Best Car Insurance Companies in New Hampshire For those with good credit
1 |
USAA |
$22.98/month |
2 |
Commerce Group Inc. |
$25.63/month |
3 |
Patriot Group |
$28.78/month |
4 |
Safety Group |
$30.78/month |
5 |
Vermont Mutual |
$31.86/month |
Based upon our standard driver profile to ensure minimum coverage, the rates displayed for New Hampshire drivers with a credit score of at least 720
Lowest car insurance in New Hampshire for people with poor credit
Car insurance is more expensive for drivers with lower credit scores than those with better scores. Credit is only one factor that affects your rate. You can still save money by driving safely, bundling your policies or claiming any discounts offered by your insurer.
5 Best Car Insurance Companies in New Hampshire For People with Poor Credit
1 |
Commerce Group Inc. |
$38.19/month |
2 |
USAA |
$47.22/month |
3 |
Patriot Group |
$53.17/month |
4 |
Safety Group |
$53.75/month |
5 |
Geico |
$59.29/month |
Based upon our standard driver profile to ensure minimum coverage, and adjusted to show rates for New Hampshire drivers with a credit score of less than 580
Cheapest car Insurance for Drivers with Multiple Claims in New Hampshire
Your claims history is another factor that can affect your car insurance. This is how many insurance claims you have filed. The insurance premium you pay will decrease the more claims you make and your record is cleaner.
5 Best Car Insurance Companies in New Hampshire Multiple Claims
1 |
Commerce Group Inc. |
$28.50/month |
2 |
Encompass |
$37.46/month |
3 |
MMG Insurance Company |
$42.50/month |
4 |
State Farm |
$44.67/month |
5 |
Patriot Group |
$51.92/month |
Based upon our minimum driver profile, adjusted to show rates for a New Hampshire driver who has two claims and not zero
Cheapest insurance for young drivers in New Hampshire
Your age may also impact the cost of your car insurance. Insurers tend to charge more for younger drivers than those who are older. As long as your driving record is clean, your premium will decrease over time. Below are the lowest estimated rates for basic coverage for young drivers aged 18-21.
5 Best Car Insurance Companies in New Hampshire For Young Drivers
1 |
USAA |
$43.55/month |
2 |
Encompass |
$54.29/month |
3 |
Geico |
$62.34/month |
4 |
Safety Group |
$63.83/month |
5 |
State Farm |
$69.88/month |
Based upon our standard driver profile with minimum coverage, adjusted so that display rates are displayed for a New Hampshire driver aged 18-21 instead 36-45
New Hampshire auto insurance requirements
New Hampshire law does not require drivers to have auto insurance. They must still prove that they are able to meet the state’s financial responsibility requirements for an at-fault incident. If they purchase insurance, New Hampshire drivers must carry a minimum of $25,000 per person and $50,000 per accident for bodily injury liability, plus an additional $25,000 for property damage, uninsured/underinsured motorist coverage, and at least $1,000 of medical payments coverage.
Is there usage-based insurance in New Hampshire ?
A type of vehicle insurance that is based on driving habits, usage-based insurance allows customers to pay premiums. New Hampshire drivers can save money by enrolling in the UBI program of their insurer.
FAQs regarding the lowest car insurance rates in New Hampshire
What’s the minimum New Hampshire auto insurance?
New Hampshire’s minimum coverage for car insurance is 25/50/25. This means that drivers must have $25,000 per person, $50,000 per accident of bodily injuries coverage, and $25,000 for property damage coverage. If you buy insurance, you are also required to carry uninsured/underinsured motorist coverage as well as $1,000 of medical payments coverage. Your lender may require that you carry additional coverage if you are leasing or financing a vehicle.
What’s the New Hampshire fine for driving without insurance?
New Hampshire drivers don’t have to purchase auto insurance. However, they must show that they are able to meet the state’s financial responsibility requirements for an at-fault collision. Their license could be suspended if they don’t.
New Hampshire is a state that does not have to be feigned?
New Hampshire is not considered a state of no fault. This means that the person deemed to have been at fault in an accident will have to pay for most of the damages. Dependent on the type of insurance they have, New Hampshire drivers could still be eligible for compensation from their insurers, even if they’re not at fault.
Methodology
Based on a profile of a New Hampshire driver aged 36-45, the estimated rates in this article are the lowest. The rates shown assume that there is only one driver on the policy, with no driving tickets and no claims. This estimate assumes that the vehicle is worth between $20,000 to $30,000 with an annual mileage of 12,000-15,000 and is in good condition. Rates for insurance for good credit are based on scores above 720. Rates for insurance for people with poor credit range from 350 to 579. The rates for young drivers are those between the ages of 18 and 21. Rates for multiple claims are based on two claims.
Quadrant Information Services provides rates every six months. Quadrant Information Services does not include all insurance companies in the rate data. These rates are estimates and are not intended to be used as a comparison or frame of reference. Rates can vary depending on many factors such as vehicle driving habits, age, and past history.
The New Hampshire-mandated 25/50/25 policy is included in the average monthly premium for minimum-state-minimum auto insurance.