Cheap Auto Insurance Quotes in New Hampshire (2023)

New Hampshire is the cheapest state for car insurance. The average cost of car insurance in New Hampshire is $97 per month, which is 59% less than the average cost in the U.S. A few lucky drivers can find coverage for even less. For example, GEICO’s average monthly rate is $52 — nearly half what the average motorist pays in New Hampshire.

Best cheap car insurance in New Hampshire: GEICO

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GEICO

Best Cheap Car Insurance New Hampshire

You don’t have to look far to find the best and cheapest car insurance company in New Hampshire. GEICO came in first place, according to Insurify data, and drivers who insure their vehicles with GEICO pay an average of $52 per month. State Farm and USAA also offer affordable car insurance options. State Farm’s average monthly rate is $59, while USAA comes in at $69.

Minimum car insurance requirements in New Hampshire

In the state of New Hampshire, liability insurance isn’t mandatory. The state requires drivers to pay for any injury or property damage arising from their vehicles, but it doesn’t require drivers to have car insurance. However, having an insurance policy makes it easier to pay for damages if you do get into an accident, so you might want to buy one just in case. 

If New Hampshire residents do decide to purchase car insurance, the minimum limits are:1

• $25,000 per person for bodily injury

• $50,000 per accident for bodily injury

As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. New Hampshire is an at-fault state, meaning the driver who is responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.2  

• $25,000 per accident for property damage

If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident. 

• $1,000 per accident for medical payments coverage

Similar to PIP coverage, medical payments coverage will cover the policyholder for medical payments they incur in the event of an accident.

• $25,000 per accident for uninsured/underinsured motorists

Uninsured and underinsured motorist coverage pays for costs caused by a driver with little or no insurance after a car accident. In New Hampshire, your uninsured and underinsured coverage must match your current liability coverage. 

New Hampshire DMV information

At the New Hampshire Division of Motor Vehicles (DMV), you can renew your driver’s license (or for teen drivers, apply for one), register your car, request a driving record, pay your speeding tickets or reinstatement fees, and even change your name or address.3 Many services are available online. You can also visit one of the 15 DMV locations throughout the state.4

Public transportation in New Hampshire

New Hampshire has 12 local bus systems. Intercity routes provide a lifeline for rural areas and a better alternative to congested highways for commuters heading to Boston. Despite the city, regional, and interstate transit options in New Hampshire, public transportation isn’t widely available. The state isn’t very walkable, and most errands require a car (or access to one).5

Tips for getting cheap car insurance in New Hampshire

The key to finding the cheapest car insurance in New Hampshire is to shop around. Comparing car insurance makes it easy to find the right coverage at the best price. Car insurance rates are as unique as you are — the best car insurance company for your aunt and uncle in Nashua may not be a good match for you, whether you live in Concord, Salem, or another area of New Hampshire. 

Liability-only vs. full-coverage insurance in New Hampshire

If you live in New Hampshire, you can opt to carry liability-only auto insurance, which pays for expenses related to injuries and damage to the other party’s car if you cause an accident. Each state sets its own minimums for how much liability insurance it requires drivers to carry. Liability-only insurance can make sense if:

• You have a low-value vehicle.

• You can afford to repair or replace your car out of your own pocket.

• Getting the cheapest insurance possible is your top priority.

For a higher level of protection, you can choose full-coverage insurance, which includes basic liability plus collision and comprehensive coverage. Collision coverage pays for damages to your car, even if you’re at fault for an accident. Comprehensive coverage pays for damages caused by events out of your control, like vandalism, theft, weather, and damage caused by animals. Auto lenders and leasing companies typically require drivers to carry full coverage on a car they’ve financed.

You may also opt for full coverage if:

• You have a high-value vehicle.

• You wouldn’t be able to afford to repair or replace your car out of pocket.

• Your car’s actual cash value (the payout you’d likely get if your car is totaled) exceeds your annual premium to carry full coverage.

Here’s a look at the average monthly quotes for the cheapest auto insurance in New Hampshire by policy type.

How your driving history affects New Hampshire car insurance rates

Driving violations have a significant impact on insurance rates. Insurance companies use driving records to determine the risk of insuring a particular person. A history of traffic violations can lead to higher rates for about three to five years.6 

In New Hampshire, reckless driving, driving under the influence (DUI), or driving while intoxicated (DWI) can have the biggest impact on your car insurance premiums, and even lead you to lose your license for up to two years.7 8 Meanwhile, a speeding ticket has a lesser impact on your rate, but it does add three to four points to your license.9

SR-22 insurance in New Hampshire

New Hampshire state may require you to file an SR-22 after a DWI, leaving the scene of an accident, or a second (or subsequent) offense of reckless operation.10 An SR-22 is a certificate of insurance form that proves your policy meets New Hampshire’s minimum insurance requirements. Many insurance companies offer SR-22 insurance. Find out more from these providers below. 

How credit scores affect New Hampshire car insurance quotes

New Hampshire insurance companies can use your credit score to determine your premiums and whether to issue or renew your policy.11 Your credit score can predict how likely you are to file a claim, and premiums are higher when there’s a higher risk of filing a claim. Drivers with excellent credit pay significantly less than drivers with average or poor credit.

Check out the table below to see how much New Hampshire drivers pay on average, based on their credit tier. These averages were calculated using Insurify’s proprietary database of more than 70 million quotes.

How your city affects New Hampshire insurance quotes

Where you live affects how much you pay for car insurance, too. Different cities (or even different areas within the same town) can have higher rates of vandalism, theft, and accidents, resulting in increased auto insurance premiums. Drivers in Exeter and Salem have the cheapest car insurance in New Hampshire, while drivers in Somersworth and Bedford pay higher rates. 

How your age affects your New Hampshire car insurance rates

Due to their inexperience behind the wheel, young drivers usually pay higher rates for car insurance. Teenagers and drivers under 25 see the most expensive rates. Costs start to decline after age 25 as drivers gain more experience on the road. Drivers ages 50 to 64 have the lowest crash rate, and New Hampshire drivers in their 50s pay the lowest average car insurance rates.12

The table below outlines how much you can expect to pay for car insurance based on your age.

Quotes for younger drivers

Drivers under 25 in New Hampshire pay the highest rates, especially teens. This is due to their relative lack of experience on the road, which makes them riskier to insure in the eyes of insurance companies. Young drivers with infractions such as accidents and DUIs on their record can expect to pay even higher rates, as the infractions increase their risk profile even more. 

Check out the table below for a better idea of how much young drivers in New Hampshire pay for car insurance. These quotes are sourced from both Insurify’s proprietary database, as well as third-party datasets provided by Quadrant Information Services. 

Quotes for middle-aged drivers

In New Hampshire, 62% of the population falls in the middle-aged group,13 and middle-aged drivers often have the cheapest car insurance. Full coverage is recommended for drivers with a high-value vehicle, and Travelers offers some of the cheapest rates. The table below shows some more affordable rates, along with the insurers that provide them. Your rate may look different once personalized to your driving profile and location. 

Quotes for senior drivers

Senior drivers in the “Live Free or Die” state pay similar average rates compared to those in their 30s and older. However, having a DUI or accident on your record can lead to higher car insurance rates. The table below shows the average car insurance rate for senior drivers from a handful of insurers in New Hampshire, differentiated by policy preference and driving record. 

New Hampshire car insurance FAQs

Insurify Insights

How New Hampshire Drivers Measure Up

While most drivers know that car insurance quotes are determined in part by your personal driving history, many may be unaware that rates are also impacted by the average risk of the drivers around you as well. Check out Insurify's latest analysis of driving records in New Hampshire below:

Methodology

Drawing from an internal database of over 4 million car insurance applications, the research team at Insurify analyzes patterns in car ownership and driver behavior - including how New Hampshire drivers measure up to their fellow motorists across the United States in areas including speeding, DUIs, and more.
Insurify Insights publishes data-driven articles, trend analyses, and national rankings each week on all factors related to cars and those who drive them.

Honda Civic

Most Popular Car in New Hampshire

#47

State with the Most Speeding Tickets Rank

#42

State with the Moving Violations Rank

#32

State with the Most DUIs Rank

#42

State with the most Suspended Licenses

• Accidents in New Hampshire

  While car accidents are a sadly unavoidable feature of time spent on the road, rates of accidents do vary from city to city and from state to state. New Hampshire is the #30 state in the country for drivers with an at-fault accident on their driving record.

  • Rank among states: #30
  • Percent of drivers in New Hampshire with an accident: 8.3%
• DUIs in New Hampshire

  While driving while intoxicated is never acceptable, it’s a more common offense than many assume. New Hampshire is the #32 state in the country for drivers with a prior drunk driving conviction.

  • Rank among states: #32
  • Percent of drivers in New Hampshire with a DUI: 1.2%
• Reckless Driving in New Hampshire

  Reckless driving refers to a specific traffic violation: when drivers willfully act dangerously in spite of the risks they’re imposing on both themselves and others. New Hampshire is the #46 state in the country for drivers with a reckless driving offense on record.

  • Rank among states: #46
  • Percent of drivers in New Hampshire with a reckless driving offense: 0.8%
• Rude Driving in New Hampshire

  The Insurify team classifies rude drivers as those who commit one or more of the following driving offenses: failure to yield or failure to stop, improper backing, passing where prohibited, tailgating, street racing, or hit-and-run. New Hampshire is the #43 state in the country for drivers with a rude driving violation on record.

  • Rank among states: #43
  • Percent of drivers in New Hampshire with a rude driving violation: 1%
• Speeding in New Hampshire

  Exceeding the speed limit can endanger others and have a serious impact on your insurance costs. New Hampshire is the #47 state in the country for drivers with a speeding ticket on record.

  • Rank among states: #47
  • Percent of drivers in New Hampshire with a speeding ticket: 6%
• Failure to Yield Rates in New Hampshire

  Failing to yield the right of way isn’t just frustrating for other drivers; it’s dangerous, too. New Hampshire is the #40 state in the country for drivers with a failure to yield violation on record.

  • Rank among states: #40
  • Percent of drivers in New Hampshire with a failure to yield violation: 0.1%

Insurify Insights

Insurify's team of data scientists and content specialists presents Insurify Insights, a series of automotive, home, and health studies focusing on the topics that impact us all. through expert analysis of over 4 million car insurance applications and an array of top data sources, the Insurify Insights team produces new data-driven articles, trend analyses, regional superlatives, and national rankings every week. See Insurify Insights as featured in Forbes, Fox News, USA Today, NPR, and more.