Motorcycle Insurance in New Hampshire: The Cheapest Quotes and Best Companies

The cheapest motorcycle insurance in New Hampshire for the average driver is a liability-only policy that meets the state minimum coverage limits. However, this type of insurance only covers bodily injury and property damage liability, which means more gaps in your coverage after an at-fault accident. A full-coverage policy with comprehensive and collision insurance is the better option for most riders since it provides more protections and higher liability limits. The coverage used for this analysis was for a safe rider with 50/100/25 liability-only motorcycle insurance in New Hampshire.

Based on motorcycle insurance quotes in New Hampshire, the cheapest companies for liability-only coverage are:

• GEICO: $99 per year
• Progressive: $140 per year

On the more expensive side is Dairyland, with an average $334 annual rate for liability-only coverage. That’s 70.4% more costly than GEICO.

Getting a full coverage policy with comprehensive and collision insurance provides better protection for your assets. It covers damages due to collisions with another vehicle or other structures and the damages to or loss of your bike because of non-collision incidents, including vandalism, theft or fire. If you are making payments on your motorcycle, you will likely need a full coverage policy.

For this study, MoneyGeek compared quotes for a good rider with 50/100/25 coverage and a $500 deductible. The most affordable motorcycle insurance in New Hampshire for full coverage are:

• GEICO: $167 per year
• Progressive: $264 per year

The most expensive insurance carrier for a full coverage policy, Nationwide, has an average rate of $467 per year. That means shopping around can help you save up to 64.2% annually.

Generally, the cost to insure a motorcycle in New Hampshire depends on various factors, including coverage amounts, motorcycle model, riding record, age and years of riding experience. MoneyGeek gathered motorcycle insurance quotes in New Hampshire from multiple insurance providers.

The average cost of liability-only motorcycle insurance in the state is $206 per year or approximately $17 per month. The national average is $141, which means New Hampshire riders typically pay 46% more than average for motorcycle insurance. This type of policy does not cover the policyholder’s bike or their injuries if they are at fault in an accident.

Full-coverage motorcycle insurance in New Hampshire costs $358 per year on average or $30 per month. The average rate in the state is 1.65% less expensive than the national average of $364.

The policy coverages used to determine New Hampshire averages were $50,000/$100,000 bodily injury coverage with $25,000 property damage and a $500 deductible for full coverage policies.

Using a unique rating system, MoneyGeek ranked companies to find the best motorcycle insurance in New Hampshire. These rankings are based on motorcycle quote data unique to the state, product offerings and selection, service quality and financial stability. The company with the highest score in New Hampshire is Progressive.

Based on MoneyGeek scores, the top three motorcycle insurance providers in New Hampshire are:

Most insurers allow riders to get motorcycle insurance quotes in New Hampshire online. However, you will need to provide some pieces of information to ensure the accuracy of your quote:

• ZIP code
• New Hampshire address where your bike will be located
• Make and model of your motorcycle
• Personal information, such as your birthdate, riding record and experience level

Motorcycle insurance in New Hampshire is not a state requirement, but MoneyGeek recommends it. If you choose to purchase a policy, it’s important to know your state’s minimum liability coverage limits. Your motorcycle insurance policy in New Hampshire should have at least:

• $25,000 per-person bodily injury liability (BI)
• $50,000 per-accident bodily injury liability
• $25,000 property damage liability (PD)

While New Hampshire doesn’t require that you have motorcycle insurance, it requires Financial Responsibility, meaning that the person at fault in an accident is responsible for the resulting harm and damages. Having motorcycle insurance in New Hampshire will help you deal with these expenses in the event of an accident.

The minimum level of coverage for New Hampshire riders is 25/50/25 for bodily injury and property damage. That means your motorcycle insurance in New Hampshire should at least have $25,000 for bodily injury coverage per person, $50,000 per accident and $25,000 for property damage liability. The liability limits refer to the maximum amount your insurer will pay you for damages if you caused an accident.

Motorcycle insurance in New Hampshire is not a state requirement. Instead, the state imposes Financial Responsibility, which means uninsured motorist, underinsured motorist or personal injury protection (PIP) coverage is not required. However, riders who want better protection can purchase these coverages.

Motorcycle insurance quotes in New Hampshire vary depending on the rider and the insurance company. Here are some of the most commonly asked questions about this type of insurance:

MoneyGeeks collected motorcycle insurance quotes directly from insurance providers based on varying coverage amounts and driver profiles to help our users determine which is the least expensive provider in New Hampshire. The best motorcycle insurance companies in New Hampshire were determined using three factors, including policy cost in New Hampshire (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in New Hampshire were gathered from the Division of Motor Vehicles of the Department of Safety to ensure accurate and up-to-date information.