New Hampshire Car Insurance

Everything You Need to Know About Auto Insurance in New Hampshire

New Hampshire, a state in the northeastern United States, is known for its landscapes and small towns. Concord, the capital city, offers a blend of historic sites and museums, including the New Hampshire State House and the McAuliffe-Shepard Discovery Center. In Portsmouth, a coastal city, visitors can explore the downtown area with its boutique shops and waterfront dining options. Another notable destination is the White Mountains, where outdoor enthusiasts can hike, ski, and admire the beautiful scenery.

Nicknamed the “Granite State,” New Hampshire is famous for its rugged mountains and granite formations. Mount Washington, located in the Presidential Range, is the highest peak in the northeastern United States and offers breathtaking views. For those seeking adventure, the Franconia Notch State Park is a must-visit, with its natural attractions such as the Flume Gorge and Cannon Mountain.

When living in or visiting New Hampshire, it is essential to have car coverage to protect yourself from any unexpected accidents. InsureOne is the solution for obtaining the best auto insurance policy at the lowest price, with flexible and customizable options.

How Much Does Car Insurance Cost in New Hampshire?

New Hampshire boasts relatively affordable car insurance rates for both full and minimum coverage compared to the national average. On average, drivers in the state pay $1,262 per year for full coverage and $319 for minimum coverage. In contrast, the national average stands at $2,014 for full coverage and $622 for minimum coverage.

When comparing New Hampshire to neighboring states, it falls in the middle range in terms of car insurance premiums. For example, Massachusetts, like New Hampshire, shares an average full coverage premium of $1,262. On the other hand, neighboring Vermont offers a more wallet-friendly option with an average full coverage premium of just $1,061.

What Does it Mean if a State is At-Fault?

Although New Hampshire does not require auto insurance, when a traffic accident occurs, it operates as an at-fault state. This means that those deemed responsible for the accident are accountable for compensating all affected drivers and passengers, including vehicle damages. Third-party claims can be made with the insurance provider of the at-fault party.

If you are found to be partially at fault for an accident, you are expected to pay for your percentage of responsibility. For instance, if a collision resulted in $200,000 in damages and the court determines you were 20% responsible for the crash, your expected contribution would be $20,000.

Most New Hampshire residents choose to purchase auto insurance. Those who purchase auto coverage are required to purchase at least the minimum amount, plus uninsured motorist coverage and Medical Payments coverage (MedPay)..

Affordable Car Insurance Rates Comparison by Cities in New Hampshire

The rates you pay for coverage are influenced by local factors such as accident and claim rates, reports of car theft and vandalism, and the cost of car repairs in your area.

For a comparison of the average monthly premiums drivers pay in different cities across the state, check out our breakdown below.

City	Full Coverage Insurance	Liability Insurance Coverage
Manchester	$134	$48
Nashua	$121	$41
Concord	$110	$37
Derry	$124	$43
Dover	$111	$37
Salem	$129	$45
Merrimack	$118	$39
Londonderry	$123	$43
Hudson	$123	$42

Our average monthly premiums by city are based on the following methodology: male, age 30, lowest possible legal coverage allowed by New Hampshire.

What Types of Auto Discounts Are Available in New Hampshire?

In the state of New Hampshire, it’s important to be resourceful and get the most out of your hard-earned money. One way to accomplish this is by taking advantage of available discounts to lower your insurance premiums. There are numerous ways to save money on your premiums, including:

• Safe driver : If you have a clean driving record without any accidents or violations, you may be eligible for a safe driver discount.
• Military : Members of the military and veterans may qualify for a discount on their insurance premiums.
• First responder : Police officers, firefighters, and other first responders may be eligible for a special discount as a token of appreciation for their service.
• Senior citizen : Seniors who are aged 55 and older can often take advantage of discounted insurance rates.
• Autopay and pay up front : Choosing to enroll in automatic payments or paying the entire premium upfront may result in additional savings.
• Defensive driver course : Completing a defensive driver course can help you qualify for a discount on your insurance premiums.
• Good student : Students who maintain good grades may be eligible for a discount on their insurance rates.

Additionally, there are other ways to decrease your premium, such as increasing your deductible. By opting for a higher deductible, you may have lower monthly premiums. Additionally, selecting a vehicle with a good safety

New Hampshire Car Insurance Laws

New Hampshire is one of the few states in the country where car insurance is not legally required. While it is up to you to decide whether or not to buy insurance in New Hampshire, it is not advisable to drive without it.

In the event of a car accident, regardless of fault, the driver is still liable for any medical expenses and vehicle repairs resulting from the collision. Without insurance, this means that you could be personally responsible for paying thousands of dollars in repair costs or medical bills.

It is important to note that New Hampshire drivers who choose to purchase car insurance are required to purchase a minimum policy of 25/50/25, plus uninsured motorist coverage and MedPay. Here’s a closer look at what this means.

What Are the Mandatory Car Insurance Requirements in New Hampshire?

If you opt for car insurance in the state of New Hampshire, it is necessary to meet the following minimum liability standards:

• Bodily injury liability coverage per person: $25,000
• Bodily injury liability coverage per accident: $50,000
• Property damage liability coverage: $25,000
• Uninsured Motorist Coverage: $25,000/$50,000
• Medical Payments Coverage (MedPay): $1,000 per accident f

What Is the Penalty for Driving Without Insurance in New Hampshire?

Vehicle insurance is not required in this state, but drivers must be able to prove they have the financial means to cover costs associated with an accident if they are at fault. If you cause an accident while driving without insurance, the New Hampshire state has the authority to suspend your driver’s license and vehicle registration until you have paid for any damages and submitted an SR-22 form. This form serves as evidence that you have purchased car insurance.

Additionally, the accident must be reported to the Bureau of Financial Responsibility in an accident report. You will receive a notice about your suspension, along with instructions on how to reinstate your driving privileges. If you are found to be at fault for the collision and the other party decides to take legal action, your suspension will remain in effect until you have compensated the other party for the damages.

What Factors Does New Hampshire Law Allow in Determining Your Premiums?

Auto insurance companies in New Hampshire take several individual factors into account to calculate your premium. Consequently, your premium may differ from that of your neighbor, as many determining factors are personal to you. Typical aspects underwriters consider include:

• Age
• Driving record
• Gender
• Location
• Marital status
• Credit history

Auto Insurance Rates for Young Drivers vs Older People in New Hampshire

Young drivers, specifically those aged between 16 and 25, face significantly high car insurance rates. Among this age group, individuals aged 16 to 19 have the highest premiums. This is primarily due to the increased risk associated with inexperienced drivers. As a result, teen drivers end up paying over three times the national average for car insurance.

For example, a 16-year-old teenager in the city of Manchester will pay $613 per month for full coverage, while a 30-year-old man will only pay $134, which means almost 4 times more.There are various ways parents of newbie drivers can reduce the expenses of their car insurance. Encouraging your teenager to research the costs of coverage and highlighting the significant decrease in premiums for maintaining a clean driving record could be a helpful approach.

How Many Car Accidents Happen in New Hampshire?

The number of fatal traffic crashes in New Hampshire has had a significant increase in both 2021 and 2022. In 2021, the total number of lives lost in traffic crashes amounted to 118, while in 2022, it increased to 146.

The table below illustrates the fatal crashes that occurred in different cities within this state during the year 2021.

City	Fatal Crashes in 2021
Manchester	11
Nashua	3
Concord	3
Dove	2
Rochester	4

Source: National Highway Traffic Safety Administration

How Many Uninsured/Underinsured Motorists Are in New Hampshire?

In 2019, according to the latest available statistics from the Insurance Information Institute, New Hampshire ranked as the seventh lowest state for uninsured drivers. Only 6.1 percent of drivers in the state were uninsured or underinsured.

However, having car insurance is crucial for several reasons. Mainly, it provides financial protection in case of accidents or damage to your vehicle. Without insurance, you would have to bear the full costs of medical costs, repairs or replacement, which can be exorbitant.