There are many states that require motorists to carry automobile insurance before being able to legally drive, but New Hampshire is slightly different. Residents within the Granite State are not necessarily required to purchase a vehicle protection plan, but they are required to obey the Motor Vehicle Financial Responsibility Requirements that insist all drivers be able to adequately pay for at-fault damages after an accident. Coincidentally, one of the more popular ways of accomplishing this is to buy NH car insurance that features a fair amount of coverage. Of the 1,034,329 licensed motorists in the Granite State as of 2009, many have chosen to simply purchase a policy, but knowing the amount of coverage to buy and how to shop around may require a small amount of research.
In the event that a resident chooses to purchase a policy they must meet certain coverage limits. All New Hampshire protection plans must include liability coverage with limits of at least $25,000 for bodily injury per person with $50,000 per accident, and $25,000 for property damage. Drivers must also carry uninsured motorist protection with these same limits, as well as medical payments coverage with a limit of at least $1,000. It may be important to note that this basic liability only covers damages that a motorist is at-fault for, and does not cover those done to one’s own automobile. For greater amounts of protection residents may want to consider researching the various forms of coverage that may be available, or simply improving upon existing limits.
Buying Additional NH Auto Insurance
With over 16,000 miles of public roads open to residents that are in varying conditions, there are a wide range of damages that could befall a motorist’s automobile. Staying adequately insured can end up saving a motorist a lot of money in repairs and sometimes additional protection is needed, especially once the weather begins to turn colder. Among the [Tips to Remember During Ice Storm Events] that are recommended by the New Hampshire Insurance Department, is the inclusion of comprehensive and collision coverage designed to cover damages done to an insured’s own vehicle for various reasons. Oftentimes such a policy addition is likely to cover many weather related damages in addition to those caused by a collision with another vehicle, such as wind, falling objects, or flooding. Oftentimes this can even include falling ice, vandalism, or theft as well.
If unable to purchase additional forms of vehicle protection, residents may still want to consider raising the limits on the basic amount of coverage that is required by the state. If a motorist has a fairly extensive health care plan than the required $1,000 medical payment coverage may be satisfactory, but others are urged to contemplate raising this value to obtain more substantial protection. Oftentimes raising ones limits can be done with only a slight increase to one’s rates and is typically one of the first actions considered when wanting to improve one’s policy. Having a sufficient amount of coverage is important in the Granite State, and residents may want to consider meeting state financially responsibility laws with a well constructed policy.