Cheapest car insurance in New Hampshire for 2024

The average cost of full coverage insurance in New Hampshire is $1,733 per year, while the average cost of minimum coverage car insurance in New Hampshire is just $481. Both of these price points are lower than the national average. If you’re on a budget and want to save some money for car repairs or other expenses, the following cheap car insurance companies may be a good fit.

Key takeaways

• Cheapest company for minimum coverage: The Hanover
• Cheapest company for full coverage: USAA
• Cheapest company for drivers with prior incidents: The Hanover
• Cheapest company for young drivers: The Hanover

Getting minimum coverage is appealing to drivers on the hunt for low-cost car insurance in New Hampshire. While minimum coverage does not extend coverage to the driver’s car, it may serve the needs of drivers who just want to know they have valid insurance. According to our rate analysis, the companies below offer cheap auto insurance in New Hampshire for minimum coverage policies, and they also score well for customer service, digital tools, discount opportunities and more.

Minimum coverage requirements for New Hampshire drivers

According to New Hampshire car insurance laws, the state technically does not require a driver to carry auto insurance. However, you must still show proof that you are financially able to pay for the damage you could cause in an at-fault accident. Car insurance is generally one of the easiest ways to satisfy the New Hampshire laws. If you do choose to purchase car insurance, the lowest limits you can buy are:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident
• $25,000 property damage

Minimum coverage car insurance in New Hampshire costs an average of $481 per year.

Although it may be tempting to forgo coverage to save money, most insurance professionals would advise that you purchase a policy unless you have the finances to pay for any damage that you could cause out of pocket. The costs associated with an at-fault accident can grow rapidly and can cause significant financial stress. Even if you purchase insurance, most agents recommend that you buy coverage in excess of the state minimum limits.

Purchasing full coverage insurance adds another layer of protection because it provides coverage for the damage to your own vehicle. If you have a loan or lease, you will likely be required to purchase full coverage. Financial institutions may impose their own minimum liability limits or other restrictions, such as a cap on how high your deductible can be.

Full coverage car insurance policies in New Hampshire typically combine liability insurance with comprehensive and collision coverage. These policies are more expensive but also give you more peace of mind because of the added coverage for your personal vehicle. Having full coverage can reduce your likelihood of having to pay out of pocket in a claim. According to our analysis, the cheapest carriers for full car insurance in New Hampshire are USAA, Nationwide and MMG.

Drivers who are caught speeding, get into an at-fault accident or who are considered riskier to insure may have to search harder for cheap car insurance in New Hampshire. While these offenses eventually fall off of your driving record and stop having an impact on your premium, while they’re fresh, it helps to find insurers that penalize you less for the added risk. Consider starting with the insurance company options named below.

• Cheapest car insurance for drivers with a ticket: The Hanover
• Cheapest car insurance for drivers with an at-fault accident: MMG
• Cheapest car insurance for high-risk drivers: The Hanover

Cheapest insurance companies for drivers in New Hampshire with a speeding ticket: The Hanover

Getting a speeding ticket is a relatively common offense. However, insurance companies may interpret violations like this as a sign of risky driving. Speeding tickets for violations less than 25 miles per hour over the posted speed limit will result in three demerit points on your record in New Hampshire. The state keeps violations on your record for three years. Depending on your car insurance company, the speeding ticket may affect your premium for between three and five years. During this time, you may experience higher rates. The Hanover and USAA are the cheapest carriers for drivers with a speeding ticket in New Hampshire, on average.

Cheapest car insurance for drivers in New Hampshire with an at-fault accident: MMG

Unless you have first accident forgiveness, your car insurance will also go up after an at-fault accident. Typically, an at-fault accident will affect your car insurance premium for three to five years. The insurance companies listed below offer some of the most affordable options in New Hampshire for drivers with one at-fault accident on their record. If you’re looking for cheap insurance in New Hampshire after an at-fault accident in New Hampshire, consider MMG, The Hanover, USAA, Geico and State Farm.

Cheapest rates in New Hampshire for high-risk drivers: The Hanover

In New Hampshire, drivers who have multiple at-fault accidents, numerous speeding tickets or a DUI conviction may be considered high-risk drivers by insurance providers, resulting in higher premiums. Note that each insurance company uses its own set of criteria to determine when a driver is considered high-risk. DUIs are the most serious high-risk infraction, and some insurance companies may not offer insurance policies to drivers with a DUI. The rates below reflect the average premiums for a driver in New Hampshire who has a single DUI conviction on their record. When looking for the cheapest car insurance, New Hampshire drivers who are considered high-risk may want to consider The Hanover, MMG and USAA.

Drivers under the age of 25 tend to have higher insurance premiums, because inexperience often translates to more accidents. You may want to look into good student discounts to mitigate this increase. In addition, some insurance carriers offer cheap car insurance for young drivers regardless of their grades.

• Cheapest car insurance for insuring a teen driver: The Hanover
• Cheapest car insurance for teens with a ticket: The Hanover
• Cheapest car insurance for teens with an at-fault accident: The Hanover
• Cheapest car insurance for young drivers with a DUI: The Hanover

Cheapest New Hampshire car insurance for insuring a teen driver: The Hanover

To secure a more affordable rate for teen drivers, it may be beneficial to obtain quotes from multiple insurance providers and take advantage of any young driver and student discounts available. The rates below reflect average premiums when adding a 16-year-old driver to a married couple’s car insurance policy. The cheapest car insurance for teen drivers in New Hampshire can be found through The Hanover, MMG, Geico, Nationwide and USAA, based on our research.

Cheapest New Hampshire car insurance for teens with a ticket: The Hanover

Teen drivers in New Hampshire have certain restrictions under the age of 20. For instance, they can’t operate a vehicle between the hours of 1–4 a.m. Young drivers who get two or more speeding tickets within the first two years of getting their license must file an SR-22 form for three years to prove they meet minimum insurance requirements. The cheapest insurance policies for teens with a ticket in New Hampshire come from The Hanover, Geico and MMG. The following incident rates are for an 18 year old on their own policy.

Cheapest New Hampshire car insurance for teens with an at-fault accident: The Hanover

Since New Hampshire is an at-fault state, all or some of the blame can be assigned to each driver involved. Young drivers who are at fault in an accident may see higher rates for several years. The cheapest rates for teen drivers who have been in an at-fault accident in New Hampshires are The Hanover, Geico and MMG.

Cheapest New Hampshire car insurance for young drivers with a DUI: The Hanover

Being a young driver with a DUI has serious consequences. Underage drivers need only have a blood alcohol level of just 0.02 to get a DUI in New Hampshire. Some insurance companies won’t insure these drivers at all, but other companies will insure a risky teen driver if they can pay a bigger premium. The cheapest car insurance for young adults with a DUI in New Hampshire comes from The Hanover, USAA and Geico.

Looking for New Hampshire car insurance savings? If you’re worried about the cost of car insurance, discounts can be a great way to save. Most insurance providers offer at least a few different discounts, such as the ones below.

• Telematics discount: One of the best ways to earn the cheapest car insurance in New Hampshire is to sign up for your company's telematics program. These programs monitor your driving via an app and reward good drivers with significant discounts.
• Defensive driving course discount: Defensive driving courses are generally low-cost and some can even be taken online. Many insurers will offer a discount for taking the course, and you may also improve your driving skills as well.
• Military discount: if you are a service member, veteran or a member of a military family, you may be able to earn a military discount. Some companies also offer more discounts for policyholders who are deployed.
• Affiliation discounts: If you are a member of a professional group, alumni association or other group, ask your insurance agent if there is a discount for membership. Some insurers also offer discounts to members of certain professions, such as teachers and first responders.

These are sample rates and should only be used for comparative purposes.