In New Hampshire, the annual average cost for full coverage car insurance is $773, and for state minimum coverage, it's $389. These rates are $523 and $206 less, respectively, than the national average — making it a more affordable option for residents.
Average Cost of Car Insurance in New Hampshire
Updated: January 13, 2025
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Key Takeaways
Drivers in the Granite State pay 40% less for full coverage car insurance than the national average.
For minimum coverage, they pay 35% less compared to the national average cost.
The average cost for full coverage is $773 and $389 for minimum coverage, making it one of the more affordable states.
How Much Is Car Insurance in New Hampshire?
| Full Coverage | $773 | $1,296 | -40% |
| State Minimum Liability Only | $389 | $595 | -35% |
Read More: Average Cost of Car Insurance
New Hampshire Car Insurance Rates by Coverage Level
Choosing the right coverage level for your car insurance in the Granite State shapes your rate. Go for higher liability limits and full coverage, and your rate climbs; opt for a bigger deductible, and you might see a drop in your premium.
Below, we've listed the average costs for minimum coverage and full coverage in New Hampshire, reflecting different deductibles and limits.
| 300/500/300 | Full Coverage | $932 | $500 |
| 300/500/300 | Full Coverage | $913 | $1,500 |
| 300/500/300 | Full Coverage | $870 | $1,000 |
| 100/300/100 | Full Coverage | $836 | $0 |
| 100/300/100 | Full Coverage | $816 | $1,500 |
| State Minimum | Full Coverage | $797 | $500 |
| State Minimum | Full Coverage | $778 | $1,500 |
| 100/300/100 | Full Coverage | $773 | $1,000 |
| State Minimum | Full Coverage | $735 | $1,000 |
| 300/500/300 | Liability Only | $608 | $0 |
| 100/300/100 | Liability Only | $454 | $0 |
| State Minimum | Liability Only | $389 | $0 |
Read More: Liability vs. Full Coverage Car Insurance
Average New Hampshire Car Insurance Cost by City
Car insurance costs in New Hampshire can change based on crime, traffic, weather, and repair costs. In Manchester, drivers pay about $1,391 for full coverage, which is slightly less than the state's average. Manchester's minimum coverage cost is also lower at $722. Check the table below for a detailed comparison of car insurance rates across the state.
| Manchester | $1,391 | -27% | $722 | -34% |
Average New Hampshire Car Insurance Cost by Age
In New Hampshire, age plays a big role in car insurance costs. Young drivers are seen as high-risk, so they often pay more. On average, 25-year-olds pay 66% more for state minimum coverage and 66% more for full coverage compared to 40-year-olds. They also pay 50% and 58% more, respectively, than 65-year-olds for the same policies.
| 25 | $1,282 | $627 |
| 40 | $773 | $389 |
| 65 | $811 | $419 |
In most places, how old you are can change the cost of car insurance. But in California, Massachusetts, and Hawaii, your age doesn't affect the price of minimum coverage.
Car Insurance Costs in New Hampshire for Young Drivers by Gender
Young drivers in New Hampshire face higher car insurance costs, typically due to more accidents. Drivers aged 18 to 25 pay an average of $1,129 annually on a family policy, which is 34% less than if they had an individual policy.
Gender also influences car insurance rates for young drivers in New Hampshire. Women aged 18 to 25 pay around $1,454 per year, which is less than what male drivers pay. Below, you'll find the average costs for individual and family policies, detailed by gender.
Car Insurance Costs in New Hampshire for Young Women
In New Hampshire, an 18-year-old woman can be added to a family car insurance policy for an average of $1,267. Choosing an individual policy would increase her rate to $2,606.
| 18 | $2,606 | $1,267 | -51% |
| 19 | $1,822 | $1,298 | -29% |
| 20 | $1,629 | $1,161 | -29% |
| 21 | $1,314 | $947 | -28% |
| 22 | $1,207 | $1,150 | -5% |
| 23 | $1,096 | $1,043 | -5% |
| 24 | $1,025 | $974 | -5% |
| 25 | $937 | $891 | -5% |
Car Insurance Costs in New Hampshire for Young Males
An 18-year-old man in New Hampshire pays about $2,901 for full coverage car insurance on his own. By joining a family policy, the cost drops to $1,400, saving 52% annually.
| 18 | $2,901 | $1,400 | -52% |
| 19 | $2,038 | $1,433 | -30% |
| 20 | $1,805 | $1,273 | -29% |
| 21 | $1,407 | $1,009 | -28% |
| 22 | $1,275 | $1,206 | -5% |
| 23 | $1,159 | $1,095 | -6% |
| 24 | $1,073 | $1,013 | -6% |
| 25 | $959 | $908 | -5% |
Average New Hampshire Car Insurance Cost by Driving Record
In New Hampshire, traffic violations can lead to car insurance premiums that range from a slight decrease to an increase over the state's annual average, depending on the offense. We compare the average rates for drivers with at-fault accidents, speeding tickets, and DUIs to those with a clean record below.
| At-Fault Accident | $1,193 | -37% | $606 | -45% |
| DUI | $1,647 | -14% | $864 | -21% |
| Ticket | $967 | -49% | $473 | -57% |
Read More: [High-Risk Car Insurance in New Hampshire](https://www.moneygeek.com/insurance/auto/high-risk-car-insurance-new hampshire/)
Average New Hampshire Car Insurance Cost by Credit Score
Your credit-based insurance score is a key factor in determining car insurance rates in the Granite State. Full coverage annual premiums can vary widely, with drivers with excellent credit paying an average of $711, while those with poor credit may face around $1,369.
| Excellent | $711 | -63% | $288 | -74% |
| Good | $863 | -55% | $340 | -69% |
| Fair | $1,040 | -45% | $399 | -64% |
| Below Fair | $1,166 | -39% | $442 | -60% |
| Poor | $1,369 | -28% | $500 | -54% |
CREDIT SCORES AND YOUR PREMIUM
A credit score between 670 and 739 indicates financial reliability and may reduce insurance rates for drivers in New Hampshire. However, Hawaii, Massachusetts, Maryland, California, and Michigan prohibit using credit scores for insurance pricing. In North Carolina, Oregon, Washington, Utah, and Nevada, credit scores are only considered under specific conditions.
Average New Hampshire Car Insurance Cost by Company
Car insurance rates can change a lot from one company to another, even in the same state. In New Hampshire, Concord Group has the cheapest average annual full coverage at $789. Allstate, on the other end, charges the highest at $1,091, which is still 29% below the state's average cost.
| Hanover | $479 | $133 |
| GEICO | $621 | $345 |
| Safety Group | $633 | $292 |
| Vermont Mutual | $641 | $287 |
| MAPFRE | $667 | $325 |
| Concord Group | $789 | $369 |
| Progressive | $822 | $366 |
| Nationwide | $917 | $612 |
| State Farm | $1,075 | $489 |
| Allstate | $1,091 | $672 |
Read More: [Cheapest Car Insurance Companies in New Hampshire](https://www.moneygeek.com/insurance/auto/cheapest-car-insurance-new hampshire/)
Average New Hampshire Car Insurance Cost by Vehicle Age
In New Hampshire, newer cars have higher insurance costs, averaging $963 a year for full coverage. This is compared to $746 for a 10-year-old car, showing the impact of car value on premiums.
| 10-Year-Old Vehicle | $746 | $407 |
| New Model Vehicle | $963 | $371 |
ACTUAL CASH VALUE
The actual cash value (ACV) represents your vehicle's worth just before damage, as assessed by your insurer. In comprehensive or collision claims, this value determines the maximum payout for repairs or replacement, after deducting any applicable deductible. This ensures the claim aligns with the car's fair market value.
Read More: Used Car Insurance
New Hampshire Car Insurance Rates Explained
New Hampshire's car insurance rates, when measured against the national average, show whether residents pay more or less for their policies. Factors like your credit-based insurance score, driving history and car model play a role in determining your full coverage or state minimum premiums.
Is Car Insurance Expensive in New Hampshire?
Car insurance in New Hampshire is affordable, with an average full coverage cost of $64 per month. Residents enjoy a 40% lower rate compared to the national average.
Read More: Why Car Insurance is So Expensive
Car Insurance Costs in New Hampshire vs. National Average
National Average Cost
Full Coverage Car Insurance
$108
New Hampshire Average Cost
Full Coverage Car Insurance
$64NH Car Insurance Is Cheap:$44 saved
This is 41% less expensive.
Why Are Car Insurance Rates Expensive in New Hampshire?
Car insurance in New Hampshire can be pricey due to harsh winters, frequent storms, and urban living costs. These factors lead to more claims and higher costs for insurers.
Read More: Car Insurance Rates by State
Estimating Your Car Insurance Costs in New Hampshire
While average car insurance rates in New Hampshire reflect broad trends, your personal cost depends on unique factors. Consider your driving history, car type, and coverage choices when estimating your insurance expenses in the Granite State.
Driving Record
A spotless driving record can lead to lower insurance rates. Avoid traffic violations and accidents to demonstrate responsible driving to insurers.
Age and Gender
Younger drivers and males typically face higher rates. If you're in these groups, seek discounts or consider a higher deductible for affordable premiums.
Credit History
Insurers often use credit scores to gauge risk. Work on improving your credit history by paying bills on time and reducing debt for better rates.
Vehicle Type
Driving a car with a strong safety record and lower repair costs can help reduce your premiums. Research before purchasing to save on insurance.
Location Within New Hampshire
Living in areas with lower crime and accident rates in New Hampshire can lead to cheaper insurance. Consider this when choosing your home.
Coverage Level
Opt for higher deductibles to lower your premium, but ensure sufficient coverage for protection. Balance is key to affordable, effective coverage.
Marital Status
Married individuals may receive lower rates due to perceived stability. If married, check with your insurer for potential discounts.
State Law
New Hampshire law can influence insurance costs. Stay informed about minimum coverage requirements and consider additional protection if needed.
Read More: [New Hampshire Car Insurance Calculator](https://www.moneygeek.com/insurance/auto/car-insurance-calculator-new hampshire/)
Minimum Car Insurance in New Hampshire
New Hampshire's average for state minimum coverage is $389, lower than the $595 national average. This minimum coverage is more budget-friendly compared with full coverage, given the state's limits. Here's a look at the basic requirements you'll need:
New Hampshire Car Insurance Requirements
In New Hampshire, drivers must have minimum coverage auto insurance. This includes $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $25,000 for property damage per accident. You also need $25,000 for uninsured/underinsured motorist coverage per person and $50,000 per accident, plus $25,000 for uninsured motorist property damage. Medical payments coverage of $1,000 is also required.
Liability Limits | Description |
|---|---|
$25,000 for bodily injury liability per person. | New Hampshire requires a minimum of $25,000 for bodily injury liability per person to cover injuries to others in an accident. |
$50,000 for bodily injury liability per accident. | The state mandates $50,000 for bodily injury liability per accident, ensuring coverage for multiple injuries in a single incident. |
$25,000 for property damage liability per accident. | Property damage liability of $25,000 per accident is required to cover damages to another person's property. |
$25,000 uninsured motorist bodily injury per person. | Uninsured motorist bodily injury coverage of $25,000 per person protects you if the at-fault driver lacks insurance. |
$50,000 uninsured motorist bodily injury per accident. | A $50,000 uninsured motorist bodily injury per accident coverage is necessary to cover injuries from an uninsured driver. |
$25,000 uninsured/Underinsured property damage coverage. | The state requires $25,000 for uninsured/underinsured property damage coverage to protect against drivers with inadequate insurance. |
$1,000 medical payments coverage. | Medical payments coverage of $1,000 is required to cover medical expenses for you and your passengers. |
Read More: [State Minimum Car Insurance Requirements in New Hampshire](https://www.moneygeek.com/insurance/auto/state-laws-minimum-requirements-new hampshire/)
How to Lower Car Insurance Costs in New Hampshire
To save on Granite State car insurance, compare rates, hike your deductible and snag all discounts.
- 1
Compare Multiple Quotes
Shopping around different insurance companies can help you secure affordable car insurance in your area, potentially saving you hundreds of dollars each year.
- 2
Lower Your Risk Profile
Maintaining a better credit score or possessing a clean driving record, devoid of at-fault accidents or moving violations, can lead to lower insurance premiums, making you appear as a safer customer to insurers.
- 3
Adjust Your Coverage
By evaluating what coverage you truly need, you pay only for necessary protection. Raising deductibles can reduce costs, and those who drive infrequently may benefit from usage-based policies.
- 4
Ask for Discounts
In addition to bundling policies, safe driving, good academic performance, anti-theft devices, and completing defensive driving courses can substantially reduce your insurance premiums due to available discounts.
- 5
Consider the Car You Drive
Choosing a vehicle that is cheaper to insure, like one with strong safety ratings, can result in lower insurance costs for drivers in your state.
Read More: How to Reduce Your Car Insurance Costs
Auto Insurance Rates in New Hampshire: Bottom Line
In New Hampshire, drivers pay about $773 yearly for full coverage car insurance, which is cheaper than the national average. Your driving record, car type, and other factors can change your rate. Overall, the state offers affordable car insurance compared to others.
New Hampshire Car Insurance Rates: FAQ
Discover what affects car insurance costs in the Granite State. Learn how to find affordable rates by comparing quotes.
What are the minimum car insurance requirements in New Hampshire?
In New Hampshire, the minimum car insurance requirements include $25,000 for bodily injury liability per person, $50,000 for bodily injury liability per accident, and $25,000 for property damage liability per accident. Uninsured/Underinsured Motorist Coverage is also mandatory with the same limits, and minimum medical payments coverage is $1,000. For more detailed information, please visit New Hampshire's car insurance requirements.
The cost of basic coverage in New Hampshire adheres to the state minimum requirements listed above. Insurance providers can give you specific quotes tailored to your needs and driving record to ensure compliance with these regulations.
What is the average cost of full coverage and minimum coverage auto insurance in New Hampshire?
In New Hampshire, the average annual cost for state minimum auto insurance is $389, while full coverage averages around $773. These rates are lower compared to the national averages.
What is the average cost of car insurance for a 25-year-old in New Hampshire?
The average cost for full coverage car insurance for a 25-year-old in New Hampshire is $1,282, while state minimum coverage averages around $627. Both rates fall below the state average for their respective coverage levels.
What are the cheapest car insurance companies in New Hampshire?
In New Hampshire, Hanover offers the most affordable car insurance, with full coverage at an annual premium of $479 and minimum coverage at $133 yearly. While opting for the most affordable car insurance in New Hampshire might be tempting, it's crucial to ensure that your coverage safeguards you against significant financial losses. Finding the right balance between cost and protection can offer peace of mind on the road.
New Hampshire Auto Insurance Cost: How We Determine Average Rates
We used a sample driver profile to determine average car insurance rates in New Hampshire. The profile is a 40-year-old male with a 2012 Toyota Camry LE, clean driving record, and 12,000 miles driven annually. Adjustments were made for different ages, vehicles, credit scores, and driving records to find averages for various profiles.
Coverage Levels and Deductibles
Average rates on this page are for a full coverage policy unless specified otherwise. This includes comprehensive and collision coverage with a $1,000 deductible and the following liability limits (100/300/100):
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability per accident
For minimum coverage, New Hampshire mandates the following liability-only limits:
- $25,000 for bodily injury liability per person
- $50,000 for bodily injury liability per accident
- $25,000 for property damage liability per accident
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
- $25,000 uninsured/Underinsured property damage coverage
- $1,000 medical payments coverage
Learn more about MoneyGeek's car insurance methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.