The average cost of full coverage car insurance in New Hampshire is $1,275 per year. This is significantly cheaper than the national average at $1,674. For those who choose the state-required minimum liability car insurance, they’ll be looking at $389 per year, again much lower than the national average of $565.
Unlike the rest of the US, drivers in New Hampshire are not required to purchase car insurance. If drivers choose to purchase accident and other event protection in the form of car insurance, then they must purchase liability insurance, as well as uninsured motorist coverage (UIM) and Personal Injury Protection (PIP).
Those who choose not to purchase auto insurance must prove to the DMV they can come up with the financial means to pay for an accident, should they be responsible. They are subject to having their assets seized through a court order if they cause an accident and cannot pay for it. They are legally responsible for the other party’s injuries and damages up to $25,000 in bodily injury/death for one accident, $50,000 in bodily injury/death for two or more and $25,000 in property damage. If you cannot come up with that kind of money out of pocket, you should seriously consider buying the state-required minimum at the very least.
Those who are convicted of driving without insurance, DUI and/or traffic citations and accidents may be forced to file an SR-22 in New Hampshire. This document tells the state that the driver is paying for the required minimum amount of car insurance.
Drivers will find some of the cheapest car insurance in New Hampshire, thanks to its low population density, collective driving record of its residents, and other factors influencing rates in the region.
What Is the Average Premium for Cheap Full Coverage Car Insurance in New Hampshire?
New Hampshire drivers pay a monthly average of $106 for full coverage insurance.
Full coverage includes basic liability car insurance, plus comprehensive auto insurance and collision car insurance coverage. Although not mandated under the state-required minimums, these coverages protect you in vehicle-to-vehicle collisions or damages due to non-collisions, such as theft, hail, and vandalism.
Many factors determine the cost of car insurance in New Hampshire, including your age, zip code, driving record, insurer, and selected coverage limits. Your deductible—the amount you pay before insurance kicks in and covers the rest—is also a factor. Most insurers allow deductibles anywhere from $250 to $1,000.
How Much Is It for Cheap Liability Insurance or the Minimum Required Car Insurance in New Hampshire?
The minimum monthly cost of car insurance in New Hampshire is $33 per month. This consists of bodily injury/death liability car insurance and property damage liability auto insurance, plus UIM and PIP.
Rates for the state-required minimum insurance are subject to change based on your individual factors mentioned above. We do not recommend carrying the state’s minimum required insurance. New Hampshire’s property damage limit is only $25,000, below the average cost of many new vehicles. Totaling another vehicle in a collision could result in damages exceeding $25,000, which will come out of your pocket.
How Do Rates Compare Across Major Cities in New Hampshire?
Different cities pay different rates in New Hampshire.
Check out our breakdown below for the average monthly premiums paid in different cities within New Hampshire.
Unless otherwise specified, we use the following methodology to arrive at our average cost: male, age 30, lowest possible legal coverage allowed by state. Your rates will be determined by several factors, including your age, your gender and the amount of coverage you want to purchase.