New Hampshire is the only state that doesn’t require car insurance. However, it is worth purchasing coverage anyway. According to Bankrate’s 2021 study on annual premiums, New Hampshire car insurance costs an average $1,275 annually for a full coverage policy, and $389 for a minimal coverage policy.
What is the cost of New Hampshire car insurance?
The state that you reside in will affect the cost of your car insurance. The average New Hampshire car insurance rate is lower than that of Rhode Island’s average car insurance premium. New Hampshire drivers pay less to insure their car than average American drivers. The average cost for car insurance in the United States is $1,674 annually for a full-coverage policy.
The average New Hampshire car insurance rate is also based on personal factors. Car insurance rates in New Hampshire are affected by your ZIP code, age and credit score. Every driver will be charged a different rate because of this.
New Hampshire auto insurance rates by company
It is important to compare the rates of multiple providers when shopping for car coverage in New Hampshire. Each provider will charge a different premium. Below is a table that shows you the New Hampshire auto insurance rates for some of the most trusted car insurance companies.
New Hampshire auto insurance rates by location
New Hampshire car insurance rates may vary depending on where you live. Below is a table that shows the average New Hampshire car insurance rates by 20 major cities. It also shows how the average rate compares with the state average.
New Hampshire car insurance rates based on age
Your age is another factor that can impact your New Hampshire car insurance premium. Because they are less experienced behind the wheel, young drivers tend to pay higher rates. Below is a table that shows the average New Hampshire annual premium for drivers of various ages.
New Hampshire car insurance rates based on driving record
The insurance company will assess your driving record when you apply for car insurance. This is to determine how risky you are. High-risk drivers pay higher rates than those with a history or convictions. These are the average New Hampshire driver premiums with one speeding ticket and one accident.
How to Save on New Hampshire Car Insurance
If you are searching for the lowest car insurance in New Hampshire, it is a good idea to shop around and get quotes from several providers. There are other ways drivers can save money and get lower rates. These are some tips to get cheap car coverage in New Hampshire.
- Consider discounts: Many car insurance companies offer discounts that will help drivers lower their premiums. You may be a good student or have no claims.
- Your credit score should be improved. Drivers with bad credit ratings pay the highest auto insurance rates. A higher credit score could help you qualify for a lower premium.
- Raise your deductible: Raising your deductible means paying a lower monthly rate. You should ensure that you have the financial means to pay a higher deductible in the event of a claim.
- You can pay your entire premium in one payment: Drivers who are able to afford their annual premium upfront, and not in monthly installments, may be eligible for a lower rate.
Questions frequently asked
Which is the best auto insurance company?
Every driver will find the best car insurance company. It all depends on where you live, how much money you have available, the type of coverage you require, and what discounts you are eligible for. It is a smart idea to compare providers before you make a decision.
What is the monthly cost of New Hampshire car insurance?
New Hampshire’s average car insurance cost is $1,275 annually for a full coverage policy, and $389 per year for a minimal coverage policy. You may pay more or less depending on your individual situation.