Cheapest and Best Car Insurance in Manchester, NH (2024)

In Manchester, New Hampshire, the cheapest car insurance providers vary, and the best option depends on your preferences and coverage requirements. Hanover is the most affordable for both full and minimum coverage. Concord Group is the least expensive for families with teens. Safety Group offers the best customer service, aligning with its rank as the best overall for value — balancing price with service.

MoneyGeek found that these companies are the most affordable options for those seeking the cheapest car insurance in Manchester:

• Hanover: $191 per year
• Safety Group: $420 per year

Allstate has the most expensive minimum coverage policy in Manchester, costing $837 annually. This yields a significant price difference of $646 compared to Hanover. This stark contrast highlights the value of comparing car insurance rates to ensure you are receiving the best deal possible.

For all cities in New Hampshire, including Manchester, state law prescribes the essential minimum car insurance coverage required by all drivers. Here's a breakdown of those requirements:

• $25,000 for bodily injury per person
  
• $50,000 for bodily injury per accident
  
• $25,000 for property damage liability per accident
  
• $25,000 for uninsured motorist bodily injury per person
  
• $50,000 for uninsured motorist bodily injury per accident
  
• $25,000 for uninsured/underinsured property damage coverage
  
• $1,000 for medical payments coverage
  

For example, if you're in an accident and you are liable, your minimum coverage policy would cover up to $25,000 for injuries to one person. If there are multiple injuries and the combined expenses hit $50,000, your policy would cover that too. But if costs exceed these limits, you'd be on the hook for the remaining balance, a stark reminder that minimum coverage simply sets the baseline.

These companies offer the cheapest full coverage car insurance in Manchester:

• Hanover: $614 per year
• Vermont Mutual: $724 per year

State Farm is the most expensive provider of full coverage car insurance in Manchester, with an annual premium of $1,344. Full coverage policies cost more because they offer comprehensive protection beyond the minimum liability, covering a range of eventualities that can affect financial security.

Complementing the augmented liability limits, the comprehensive full coverage insurance includes vital protections:

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, opt for full coverage for more robust financial protection. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

Owners of older vehicles may find the extra premium for full coverage less justifiable due to the car's decreased value. Striking the right balance is key when deciding how much car insurance you need; higher coverage leads to increased premiums, but with lower coverage, you run the risk of being inadequately insured.

MoneyGeek found that in Manchester, full coverage policies vary based on the specific type of driving offense. Here are the companies with the most competitive annual premiums for each violation:

• Speeding Ticket: Concord Group ($987 per year)
• At-Fault Accident: Vermont Mutual ($837 per year)
• DUI: Progressive ($1,059 per year)

Safety Group has the highest annual premiums across all three incidents. Comparatively, there's a $642 difference in annual rates between the cheapest company after a speeding ticket (Concord Group at $987) and after a DUI (Progressive at $1,059). This highlights how the severity of a driving offense significantly impacts car insurance rates.

In Manchester, as with many cities, auto insurance premiums escalate with the gravity of driving violations, reflecting the increased risk insurers undertake. For example, drivers with a speeding ticket may face an average annual rate of approximately $1,381, while those with a DUI could see rates soar to around $2,258. Given such significant disparities, it becomes crucial for drivers with infractions to diligently compare insurance quotes; doing so could offer potential savings and better tailored coverage options.

For parents adding a teenage driver to their policy, here are two companies that offer the cheapest car insurance for teens in Manchester:

• Concord Group: $1,260 per year for female teens and $1,320 per year for male teens
• Nationwide: $1,560 per year for female teens and $1,811 per year for male teens

These rates reflect the combined policy cost for two parents and a teen driver. State Farm holds the title for the most expensive teen family policy in Manchester, with rates at $2,966 annually for male teens.

In Manchester, as well as across various cities in the United States, teen drivers face higher car insurance premiums. An individual policy runs approximately 3,975 annually, compared to $2,058 for those on a family policy. The considerable disparity is attributed to the elevated risk insurers associate with inexperienced teen drivers.

In Manchester, below are the two top providers of cheapest car insurance for military personnel and their families:

• Hanover: $614 per year
• USAA: $691 per year

Although USAA is not the absolute cheapest, it does rank as the second most affordable option in Manchester, with an annual rate of $691. Moreover, USAA is known for providing specialized services that cater specifically to the needs of active duty military members, making it a competitive choice for those with military backgrounds.

Comparing car insurance rates in Manchester could be the key to significant savings. However, this process often involves an investment of time, generally taking at least 15 minutes per insurance company to evaluate.

Expedite this task significantly with MoneyGeek's car insurance calculator. Simply input your age, driving history, credit score and chosen policy coverage to swiftly receive a tailored rate estimate.

Selecting the best auto insurance for you depends on how you prioritize factors like service quality, cost, coverage options and other personal considerations. In Manchester, Safety Group leads in all categories and has top MoneyGeek scores.

• Best overall: 88 out of 100
• Best for service: 94 out of 100
• Best cheap: 86 out of 100

Safety Group emerges as the standout in Manchester, offering unrivaled overall value, top-tier service and exceptional affordability.

MoneyGeek found that Safety Group is the best option in Manchester for drivers seeking the best car insurance, followed by Hanover.

• Safety Group: MoneyGeek score of 88 out of 100 ($849 per year)
• Hanover: MoneyGeek score of 81 out of 100 ($614 per year)

Safety Group distinguishes itself with the highest MoneyGeek score, indicating exceptional customer satisfaction and claims experiences as its most significant components.

Safety Group is the best option in Manchester for exceptional car insurance customer service.

• Safety Group: MoneyGeek score of 94 out of 100 ($849 per year)
• Hanover: MoneyGeek score of 75 out of 100 ($614 per year)

Safety Group stands out as the leading provider due to its exceptionally high satisfaction and claims scores, which are the most significant contributors to its MoneyGeek score. Its focus on customer satisfaction ensures that clients receive attentive and efficient service throughout their insurance experience.

MoneyGeek found that Safety Group is the best option in Manchester for those looking for the most affordable and reliable car insurance.

• Safety Group: MoneyGeek score of 86 out of 100 ($420 per year)
• Hanover: MoneyGeek score of 84 out of 100 ($191 per year)

Safety Group distinguishes itself with a combination of a favorable affordability score and the highest ratings in customer satisfaction and claims handling among its peers.

In Manchester, the average car insurance cost is $876 annually. When compared to the New Hampshire state average, Manchester's cost is higher, with the statewide average being $766. This suggests that within more densely populated urban centers, insurance rates can be significantly higher. Conversely, rates in less trafficked, non-urban areas may be more economical.

Car insurance premiums are influenced by a myriad of factors, including location. Traffic volume, weather conditions, rate of theft and other accidents also affect insurance costs.