Compare Cheap Auto Insurance in New Hampshire

The cheapest full coverage auto insurance in New Hampshire is offered by Hanover at $1,006. USAA follows close behind at $1,038 per year but is only available to military members, veterans, and their families. Nationwide offers the next-lowest rates for nonmilitary drivers at $1,416 per year

Hanover has the lowest rate for minimum coverage in New Hampshire, with an average annual premium of only $230, or less than $20 monthly. That’s less than half the state average. USAA also has below-average rates for minimum coverage at $310 annually.

New Hampshire teens can get affordable rates from Hanover at $2,493 annually on average. For teens who qualify, USAA offers the next cheapest average rates at $3,048 annually. GEICO and Nationwide also offer rates below the state average, at $3,207 per year and $4,281 per year, respectively.

Teen auto insurance is generally expensive at $4,976 per year on average in New Hampshire, but joining a family policy is a great way to save money on premiums.

USAA and GEICO offer the lowest rates for drivers with a speeding ticket in New Hampshire at $1,142 per year and $1,612 per year, respectively. Those rates are cheaper than the state average of $1,779.

USAA and Hanover have the cheapest rates for drivers with an at-fault accident in New Hampshire. While USAA is only available to military-affiliated drivers, the insurance provider offers the lowest rates by far at $1,420 per year on average — 34 percent lower than the state average. Hanover’s average annual premium of $1,686 is 21 percent cheaper than the state average.

Hanover offers the lowest rates for drivers with a DUI in New Hampshire at $1,628 per year on average. Progressive follows with an average annual premium of $1,720 — 31 percent lower than the state average.

USAA also has the cheapest rates for New Hampshire drivers with low credit — as long as they’re eligible for membership — at $1,764 per year. GEICO follows with an average rate of $1,816 per year, which is 33 percent lower than the state average of $2,900.

When it comes to customer service, GEICO has the strongest ratings out of the major insurers operating in New Hampshire, not including USAA. Customer satisfaction is an important metric to evaluate in addition to cost, as it can greatly impact your experience if you ever need to file a claim. Luckily, in New Hampshire, GEICO also tends to offer some of the cheapest rates.

1. Practice good driving habits: Having a violation on your record, such as a speeding ticket or DUI, will increase your auto insurance premiums. Insurers reward clean records with lower rates, so drive safely and never drink and drive, not only to avoid harm to yourself and others, but to save money, too.
2. Lower your coverage: It’s important to make sure you have enough coverage to avoid significant financial harm in the event of an accident or other incident. But you may be able to lower your coverage limits or drop certain coverages if you feel comfortable doing so, as that lowers your premium as well. For example, 25/50/25 liability limits may not be sufficient, but 300/500/300 may be excessive. Each situation is different, so talk with an agent to determine the best coverage for your needs.
3. Check for discounts: Insurance companies offer a variety of discounts, although availability and eligibility will vary. Look for discounts that you might qualify for, particularly multipolicy or multicar discounts, as well as teen-specific discounts such as good student discounts, if you need to add a young driver to your policy.
4. Maintain strong credit: In New Hampshire, insurers are allowed to use your credit history to calculate a credit-based insurance score, which factors into your premium rate. Keeping your credit in good standing will help you get the best rates.

The rate you pay for car insurance can vary greatly depending on where you live, even within a state. Manchester has the most expensive car insurance rates in New Hampshire at $2,026 annually, on average. Meanwhile, Concord is a cheaper city, with average annual rates of $1,657.

Although by law, New Hampshire does not require drivers to carry auto insurance, those who do purchase car insurance must have at least the following coverages:

• Bodily injury liability: $25,000 per person/$50,000 per accident
• Property damage liability: $25,000 per accident
• Uninsured/underinsured motorist bodily injury liability: $25,000 per person/$50,000 per accident
• Uninsured/underinsured motorist property damage liability: $25,000 per accident
• Medical payments coverage: $1,000

Despite not requiring auto insurance, New Hampshire actually has one of the lowest rates of uninsured drivers in the country.⁴ Although minimum coverage offers some financial protection, it’s wise to get higher limits and full coverage (unless you have an older car) for more robust protection.

We analyze average auto insurance premiums in New Hampshire for full and minimum coverage for good drivers with good credit as well as other driver profiles, including those with DUIs, accidents, low credit, and teenagers. Full coverage averages use the following limits:

• Bodily injury liability: $100,000 per person/$300,000 per accident
• Property damage liability: $100,000 per accident
• Medical payments: $1,000
• Uninsured and underinsured motorist bodily injury: $100,000 per person/$300,000 per accident
• Comprehensive and collision: $500 deductible