Updated: November 14, 2024
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Hanover offers the cheapest car insurance for many types of drivers in New Hampshire, while Concord Group has the lowest rates for some other driver profiles.
MoneyGeek ranked the top auto insurance providers in New Hampshire that combine quality service and affordability.
CheapestCar InsuranceNew HampshireWhy Trust MoneyGeek? We evaluated data and information from Quadrant Information Sources and the New Hampshire Department of Insurance to determine rates for this study.
These rates reflect the cheapest car insurance quotes in New Hampshire as of October 2024.
In New Hampshire, the cheapest auto insurance companies for a minimum coverage policy are:
Allstate offers the most expensive minimum coverage car insurance at an average annual average of $672.
The state's minimum insurance policies include only bodily injury liability, property damage liability, uninsured or underinsured motorist insurance and medical payments coverage.
| Hanover | $133 | $11 |
| Vermont Mutual | $287 | $24 |
| Safety Group | $292 | $24 |
| MAPFRE | $325 | $27 |
| GEICO | $345 | $29 |
| Concord Group | $351 | $29 |
| Progressive | $366 | $30 |
| State Farm | $489 | $41 |
| Nationwide | $612 | $51 |
| Allstate | $672 | $56 |
A minimum coverage policy covers only injuries to others and damage to their property. You need comprehensive and collision coverages, which costs more but offers better protection.
Find the Best Car Insurance in New Hampshire for You
The amount of car insurance coverage you need depends on your preferences and insurance requirements.
The table above lists the lowest premiums for minimum car insurance rates in New Hampshire.
We ranked the best car insurance carriers in New Hampshire for balancing cost and service quality for most driver profiles.
The average car insurance costs in New Hampshire vary based on your driving profile, age and many other factors. MoneyGeek determined average costs in the state across these factors.
In New Hampshire, the cheapest full coverage car insurance providers are:
The highest premium for full coverage is from Allstate, at $1,091 per year.
Full coverage policies cost more than minimum coverage because they offer higher protection limits. In New Hampshire, choosing full coverage from Hanover costs $346 more than minimum coverage.
Full coverage provides more financial protection by covering your vehicle. It includes damage from on-road accidents and off-road incidents like flooding, theft and vandalism.
| Hanover | $479 | $40 |
| GEICO | $621 | $52 |
| Safety Group | $633 | $53 |
| Vermont Mutual | $641 | $53 |
| MAPFRE | $667 | $56 |
| Concord Group | $748 | $62 |
| Progressive | $822 | $68 |
| Nationwide | $917 | $76 |
| State Farm | $1,075 | $90 |
| Allstate | $1,091 | $91 |
Typically, how much car insurance you need will determine your actual rate. Our sample driver had the following limits for a full coverage policy:
A lower coverage limit can save you money, but it might not meet all your needs after an accident. To reduce your premium, you can lower your liability limits, remove comprehensive and collision insurance or raise your deductible. However, you risk having insufficient coverage after an accident by doing so.
You can get quotes online from different car insurance providers, but you must submit personal information for each, which can take up to 15 minutes. You must spend more time repeating this process to compare rates across multiple companies.
Our car insurance calculator can help you get a quick estimate without providing specific personal details. Enter your age, gender and driving record below to find the lowest rates for your profile.
MoneyGeek's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Nov 21, 2024
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
Age is one of the biggest factors affecting car insurance rates. In New Hampshire, Concord Group offers the cheapest options for teens, while Hanover is the most affordable for young adults and seniors.
In New Hampshire, the lowest average auto insurance rates for policies with a teen driver are:
Progressive is the most expensive, with rates of about $2,802 for female teens and $3,093 for male teens.
Insurance rates for 16-year-olds are higher than for 19-year-olds because rates decrease with age. Concord Group offers the lowest rate for males aged 19 at $913.
Adding a teen driver to a parent's policy is cheaper than buying a separate policy. In New Hampshire, coverage for families with a male teen costs $1,858 per year, while an individual policy for a teen driver costs $3,807, a difference of about $1,949.
| Concord Group | $1,029 | $1,572 |
| Nationwide | $1,219 | $2,500 |
| State Farm | $1,551 | $2,232 |
| Allstate | $1,580 | $2,678 |
| GEICO | $1,894 | $4,093 |
| Progressive | $2,802 | $7,538 |
On average, car insurance rates for male teens tend to be significantly more expensive than for female teens. This rate difference is not as notable when drivers reach their 20s and beyond. — Mark Friedlander, Director, Corporate Communications, Insurance Information Institute
Despite the high cost of coverage for teen drivers, parents can lower their premiums by using discounts for young drivers. Allstate, Progressive and State Farm offer distant student and good student discounts. Nationwide and GEICO also provide good student discounts.
The most affordable auto insurance in New Hampshire for full coverage for drivers in their 20s are:
MAPFRE offers the most expensive full coverage insurance policy for young adults in New Hampshire, with an average annual premium of $2,870.
Young adults in New Hampshire pay $507 more for a full coverage insurance policy than middle-aged drivers.
| Hanover | $800 | $67 |
| GEICO | $913 | $76 |
| Concord Group | $1,008 | $84 |
| Progressive | $1,030 | $86 |
| Nationwide | $1,088 | $91 |
| Safety Group | $1,142 | $95 |
| Vermont Mutual | $1,268 | $106 |
| Allstate | $1,278 | $106 |
| State Farm | $1,364 | $114 |
| MAPFRE | $2,870 | $239 |
For senior drivers in New Hampshire, the cheapest car insurance providers for comprehensive and collision coverages are:
Allstate is the most expensive option for 60-year-olds, with policies averaging $1,147 annually.
Insurance providers charge different rates for senior drivers compared to middle-aged drivers. Drivers in their 60s pay about $38 more than middle-aged drivers. Costs also generally increase for those in their 70s and 80s.
| Hanover | $636 | $53 |
| Concord Group | $717 | $60 |
| Vermont Mutual | $734 | $61 |
| Safety Group | $734 | $61 |
| GEICO | $742 | $62 |
| Nationwide | $746 | $62 |
| Progressive | $796 | $66 |
| MAPFRE | $827 | $69 |
| State Farm | $993 | $83 |
| Allstate | $1,147 | $96 |
Senior drivers can save on auto insurance with discounts from many affordable insurers. Allstate and GEICO offer discounts for senior drivers in New Hampshire. To get the lowest rates, compare several insurance providers, as they consider various factors when setting rates.
In New Hampshire, Safety Group offers the cheapest full coverage for drivers with a speeding ticket, while Vermont Mutual provides the best rates for those with an at-fault accident. Progressive has the lowest rates for drivers with a DUI record. Hanover is the best choice for people with poor credit, and Concord Group is the most affordable for sports car owners.
In New Hampshire, the providers with the lowest average full coverage car insurance costs for drivers with a speeding ticket are:
Allstate has the highest premium for drivers with a speeding ticket, averaging $1,218 annually.
Many insurers increase premiums after a speeding ticket. In New Hampshire, rates for our sample driver rise by $193 after receiving a ticket.
| Safety Group | $751 | $63 |
| Concord Group | $820 | $68 |
| Hanover | $835 | $70 |
| GEICO | $857 | $71 |
| MAPFRE | $878 | $73 |
| Vermont Mutual | $1,031 | $86 |
| Nationwide | $1,055 | $88 |
| State Farm | $1,075 | $90 |
| Progressive | $1,103 | $92 |
| Allstate | $1,218 | $102 |
Based on average rates for full coverage in New Hampshire, the most affordable options for drivers with at-fault accidents are:
Safety Group has the highest average, at $1,491 per year. After an at-fault accident, you might pay up to $418 more annually for full coverage.
| Vermont Mutual | $776 | $65 |
| MAPFRE | $878 | $73 |
| Hanover | $976 | $81 |
| Concord Group | $1,025 | $85 |
| GEICO | $1,127 | $94 |
| Nationwide | $1,336 | $111 |
| Progressive | $1,394 | $116 |
| State Farm | $1,420 | $118 |
| Allstate | $1,448 | $121 |
| Safety Group | $1,491 | $124 |
The cheapest auto insurance carriers in New Hampshire for a driver with a DUI are:
Vermont Mutual is the most expensive for drivers with DUIs, averaging $2,853 annually.
If you have a DUI, you'll pay about $871 more for the cheapest auto insurance in New Hampshire.
| Progressive | $950 | $79 |
| MAPFRE | $998 | $83 |
| Hanover | $1,040 | $87 |
| Concord Group | $1,240 | $103 |
| Allstate | $1,320 | $110 |
| GEICO | $1,529 | $127 |
| Nationwide | $1,625 | $135 |
| State Farm | $2,227 | $186 |
| Safety Group | $2,620 | $218 |
| Vermont Mutual | $2,853 | $238 |
The cheapest auto insurance in New Hampshire for drivers with bad credit is from:
State Farm has the highest rate for drivers with bad credit, averaging $2,547 annually.
A good credit score above 750 can help you secure the lowest rates, while a poor credit score below 580 suggests a higher likelihood of filing a claim. Drivers with poor credit in New Hampshire pay up to $388 more annually.
| Hanover | $678 | $56 |
| Safety Group | $751 | $63 |
| Vermont Mutual | $776 | $65 |
| MAPFRE | $845 | $70 |
| GEICO | $1,024 | $85 |
| Concord Group | $1,052 | $88 |
| Nationwide | $1,207 | $101 |
| Progressive | $1,229 | $102 |
| Allstate | $1,465 | $122 |
| State Farm | $2,547 | $212 |
Policyholders with poor credit scores tend to file more claims and pay higher car insurance premiums. While this isn’t allowed in all states, it is in New Hampshire.
To get the best rates, work on improving your credit score. You can also find cheaper coverage by comparing quotes from multiple companies and using available discounts.
The cheapest insurers in New Hampshire for a driver with a sports car and full coverage are:
State Farm has the highest average rate for drivers with a sports car, at $1,298 per year.
Sports car owners in New Hampshire pay an average of $252 more for insurance due to higher repair and replacement costs after an accident.
| Concord Group | $790 | $66 |
| GEICO | $864 | $72 |
| Nationwide | $1,018 | $85 |
| Progressive | $1,060 | $88 |
| Allstate | $1,102 | $92 |
| State Farm | $1,298 | $108 |
MoneyGeek used a Ford Mustang as its sample sports car in this study, but costs may differ depending on your vehicle type. Sports, electric and luxury cars typically cost more to insure. However, this may not be true for all states.
Hanover is the cheapest car insurance provider in New Hampshire for active-duty military and veterans. Eligible drivers pay an average annual premium of $479.
USAA offers the second cheapest insurance for military members and their families, costing $590 annually.
Car insurance rates in New Hampshire vary by location, with higher premiums in areas with more accidents and theft. In Manchester, Hanover offers the most affordable full coverage, averaging $614 annually.
| Manchester | Hanover | $614 |
In most states, minimum coverage car insurance policies require bodily injury liability and property damage liability protection. In New Hampshire, your policy should also include medical payments coverage and uninsured/underinsured motorist coverage.
In New Hampshire, your car insurance policy must meet the minimum state requirements, including property damage, bodily injury, medical payments and uninsured/underinsured motorists coverage.
Although a minimum coverage policy may save you money, it may leave you with inadequate coverage. We recommend buying a policy with the highest possible liability coverage that you can afford.
You also need to purchase SR-22 insurance after a high-risk traffic offense. This could increase your required coverage limits.
Bodily injury liability
Bodily injury liability coverage pays for the injuries caused to other drivers if you get involved in an at-fault accident. This coverage pays for medical bills, lost wages and funeral costs. It doesn't include the medical expenses you incur in the accident. In New Hampshire, the limits are $25,000 per person and $50,000 per accident.
Property damage liability
Property damage liability protection covers the cost of damage to another person’s property if you get into an accident and is calculated per accident. This coverage pays for repairs to another person’s property. It also covers any recurring fees arising from the accident. The minimum requirement in New Hampshire is $25,000.
Uninsured/Underinsured motorist coverage
This helps to cover the medical expenses and vehicle repair costs if you get involved in an accident involving an uninsured or underinsured driver. The limits in New Hampshire for this coverage are $25,000 for bodily injury per person and $50,000 per accident and $25,000 for property damage.
Medical payments coverage
This pays for the medical and funeral costs of the policyholder after an accident, regardless of the person at fault. New Hampshire residents need $1,000 on their policy for medical payments coverage.
MoneyGeek recommends getting a policy with $100,000 bodily injury liability per person, $300,000 per accident and $100,000 property damage liability coverage per accident.
A comprehensive and collision insurance policy might also be required if you financed your car purchase. Comprehensive coverage pays for non-road incidents that damage your car, including vandalism and flooding. Collision coverage pays for the cost of damage from hitting another vehicle, a pole or any other object.
If you have a valuable car, getting full coverage can be a wise decision.
New Hampshire has no legal requirement for drivers to buy auto insurance. If you get involved in an accident, you must comply with the state financial responsibility laws. Failure to do so will get you penalized.
The limits for drivers who purchase auto insurance in the state are 25/50/25, plus medical payments coverage and uninsured/underinsured motorist coverage.
You can also comply with the state’s car insurance laws by filing a receipt at the Department of Safety indicating a cash or securities deposit in amounts that meet the minimum liability insurance requirements.
When looking for car insurance, you might have questions about cost and quality. Our answers to some common questions can help you better understand car insurance in New Hampshire.
The cheapest car insurance in New Hampshire for minimum coverage is from Hanover, averaging $133 per year. The best insurer varies by driving profile. Hanover is also the cheapest for full coverage, military members and those with poor credit. Vermont Mutual offers the lowest rates for drivers with at-fault accidents, while Concord Group is the most affordable for teens and sports car owners. Full coverage in New Hampshire averages $759 annually.
The cheapest car insurance is a minimum coverage policy from Hanover. However, we recommend additional coverage for better protection in case of a serious event. For a balance between affordability and quality, Hanover also has the best insurance in New Hampshire.
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.
