Updated: December 1, 2024
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In New Hampshire, the annual cost for a full coverage car insurance policy is about $773. For minimum coverage, the average price is $389 a year.
Car insurance costs vary based on age, coverage level, location, driving record, and credit history. Each of these factors helps insurance companies decide how much to charge you.
New HampshireCar InsuranceCostsWhy Trust MoneyGeek? We analyzed data and quotes from Quadrant Information Services and the New Hampshire Insurance Department to get the most precise average costs for various New Hampshire drivers.
These rates reflect the average cost of car insurance in New Hampshire as of November 2024.
New Hampshire's average full coverage car insurance cost is around $773 annually. Knowing the average price of car insurance in your state can help you identify if rates are fair or high when you're comparing car insurance quotes.
This summary shows the premiums in New Hampshire for minimum and full coverage policies to help you budget for your insurance needs.
| 100/300/100 Full Cov. w/$1,000 Ded. | $773 | $64 |
| 100/300/100 Liability Only | $454 | $38 |
| State Minimum Liability Only | $389 | $32 |
Car insurance in New Hampshire is generally more affordable than in many other states. The average annual premium for state minimum coverage in New Hampshire is $389, lower than the national average for the same coverage level, at $628 annually. Full coverage in New Hampshire costs around $769 per year, while the national average is $1,337 per year.
Car insurance may be less expensive in New Hampshire due to its lower population density, fewer accidents and a competitive insurance market that reduces overall risk for insurers. Also, the state doesn't require drivers to carry car insurance. However, those who choose to get coverage often select higher deductibles and adequate coverage limits, helping to keep average costs down.
Car insurance premiums vary widely among companies. For instance, in New Hampshire, Hanover offers the cheapest full coverage at $479 per year, while Allstate has the highest average annual premium at $1,091.
Compare car insurance quotes from different providers to find the cheapest car insurance in New Hampshire that meets your needs.
| Hanover | $479 | $40 |
| GEICO | $621 | $52 |
| Safety Group | $633 | $53 |
| Vermont Mutual | $641 | $53 |
| MAPFRE | $667 | $56 |
| Concord Group | $789 | $66 |
| Progressive | $822 | $68 |
| Nationwide | $917 | $76 |
| State Farm | $1,075 | $90 |
| Allstate | $1,091 | $91 |
Car insurance costs in New Hampshire are also determined by the level of coverage selected. Monthly premiums for minimum coverage average at about $32 compared to $64 for full coverage. Despite the higher expense, full coverage is advised as it offers more comprehensive financial protection.
While adding comprehensive and collision coverage increases your premium, selecting higher deductibles can make these options more affordable. Each comprehensive and collision coverage requires its own deductible amount, thus providing some flexibility to potentially lower your overall costs.
| State Minimum Liability Only | $389 | $32 |
| 100/300/100 Liability Only | $454 | $38 |
| 300/500/300 Liability Only | $608 | $51 |
| State Minimum Liability w/ Full Cov. w/$1,000 Ded. | $735 | $61 |
| 100/300/100 Full Cov. w/$1,000 Ded. | $773 | $64 |
| State Minimum Liability w/ Full Cov. w/$1,500 Ded. | $778 | $65 |
| State Minimum Liability w/ Full Cov. w/$500 Ded. | $797 | $66 |
| 100/300/100 Full Cov. w/$1,500 Ded. | $816 | $68 |
| 100/300/1000,000 - 500 comp_coll | $836 | $70 |
| 300/500/300 Full Cov. w/$1,000 Ded | $870 | $73 |
| 300/500/300 Full Cov. w/$1,500 Ded. | $913 | $76 |
| 300/500/300 Full Cov. w/$500 Ded. | $932 | $78 |
In New Hampshire, drivers must meet the minimum car insurance requirements: $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 and $1,000 medical payments coverage.
$25,000 for bodily injury liability per person
In New Hampshire, drivers must have a minimum of $25,000 coverage for injuries to one person in an accident.
$50,000 for bodily injury liability per accident
New Hampshire requires at least $50,000 in coverage for all injuries in a single accident.
$25,000 for property damage liability per accident
New Hampshire mandates a minimum of $25,000 for property damage per accident.
$25,000 uninsured motorist bodily injury per person
Drivers need $25,000 coverage for injuries per person caused by an uninsured motorist.
$50,000 uninsured motorist bodily injury per accident
New Hampshire requires $50,000 coverage for all injuries per accident caused by an uninsured motorist.
$25,000 uninsured/underinsured property damage coverage
There's a $25,000 minimum for damage caused by an uninsured or underinsured driver.
$1,000 medical payments coverage
New Hampshire drivers must carry at least $1,000 in medical payments coverage.
In New Hampshire, age plays a crucial role in determining car insurance costs. Younger drivers, between 22 and 29 years old, typically pay the most at around $1,282 per year.
As drivers mature and gain experience, insurance rates generally decrease. Middle-aged drivers, from 30 to 59, enjoy lower premiums at roughly $773 annually. However, premiums can slightly increase for drivers above 60, with an average cost of $811 annually.
| 22-29 | $1,282 | $107 |
| 30-59 | $773 | $64 |
| 60 + | $811 | $68 |
Age and gender affect car insurance rates in New Hampshire. A 16-year-old male driver added to a family policy averages an annual premium of $1,898, the highest rate among all age groups.
Teenagers under 18 often cannot legally buy car insurance without a parent or guardian’s signature. Should a 16-year-old boy opt for an individual policy, the premium would rise to $3,837.
The average annual cost of full coverage car insurance for a 2012 car model is $746, lower than the $963 required for the same policy for a 2022 model. Newer cars often have a higher actual cash value and potentially higher repair costs, and they may be more attractive to thieves — factors contributing to higher insurance premiums.
Drivers with a newer car model should secure comprehensive and collision coverage to safeguard against a range of potential losses, including theft, natural disasters or accidents.
| 2012 Vehicle | $746 | $62 |
| 2022 Vehicle | $963 | $80 |
Your vehicle's actual cash value (ACV) is the insurer's assessment of its market value just before damage or loss. It determines your maximum payout for a comprehensive or collision claim. If the ACV is less than the cost to repair or replace your vehicle, you'll receive up to the ACV amount, less any deductible.
The average cost of car insurance in New Hampshire can vary significantly based on your driving record. Here's how different violations can affect your rates:
The severity of a driving violation will impact the extra amount you pay for car insurance. These higher premiums will continue if the violation remains on your record, which can vary by state. In New Hampshire, for example, a first offense DWI stays on your record for 10 years.
The table below shows the average cost of car insurance in New Hampshire by coverage and age group, allowing you to see how each driving record affects the premiums.
| Clean | $773 | $64 |
| Ticket | $967 | $81 |
| At-fault Accident | $1,193 | $99 |
| DUI | $1,647 | $137 |
In New Hampshire, your credit score can mean the difference between paying $46 or $86 monthly for car insurance. Your credit score influences your auto insurance rates significantly. A good credit score typically ranges from 670 to 739, with higher scores leading to lower premiums. Scores below 580 are viewed as poor, often resulting in higher costs.
| Excellent | $552 | $46 |
| Good | $663 | $55 |
| Fair | $789 | $66 |
| Below Fair | $885 | $74 |
| Poor | $1,029 | $86 |
These are the most common factors affecting car insurance rates in New Hampshire:
Compare car insurance quotes to find a policy that meets your driving needs and budget. By not exploring your options, you could miss out on potential savings.
To secure affordable car insurance in New Hampshire, compare rates from multiple providers, increase your deductible and use all eligible discounts.
Shop around
Comparing rates from multiple insurers can help you find the most affordable car insurance in New Hampshire. Use online tools to streamline this process.
Maintain a clean driving record
Safe driving habits can significantly reduce your premiums. Avoid traffic violations and accidents to qualify for lower rates.
Bundle policies
Combine your auto insurance with other policies, such as homeowners or renters insurance, to take advantage of multi-policy discounts.
Increase deductibles
Opting for higher deductibles can lower your monthly premiums. Ensure you can afford the deductible in case of a claim.
Look for discounts
Insurers offer various discounts, including good driver, student and military discounts. Check which ones apply to you for additional savings.
Choose the right vehicle
Driving a car that's cheap to insure, like those with safety features and a low theft rate, can lead to savings. Research before buying.
Review coverage annually
Life changes can affect your insurance needs. Review your policy regularly to ensure you're not overpaying for coverage you don't need.
Get answers about what impacts the average cost of car insurance in New Hampshire and how to find affordable rates.
In New Hampshire, drivers must have at least $25,000 in coverage for bodily injury per person and $50,000 per accident. Property damage coverage is set at $25,000 per accident. Uninsured motorist coverage requires $25,000 per person and $50,000 per accident for injuries, along with $25,000 for property damage. Additionally, medical payments coverage is required at $1,000. For more details, visit the minimum car insurance requirements.
On average, residents of New Hampshire spend about $773 annually, or $64 monthly, for full coverage auto insurance. Minimum coverage is generally more affordable, costing approximately $389 per year, or $32 each month.
A 22-year-old in New Hampshire typically pays $1,282 annually, which breaks down to about $107 monthly for full coverage with a $1,000 deductible. For minimum coverage, the cost is around $627 per year, or $52 each month.
In New Hampshire, affordable options for minimum coverage include Hanover, offering rates around $133 annually, and Vermont Mutual, charging about $287 per year. Check out affordable car insurance options for more information.
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.
