In a Nutshell
The average cost of car insurance in New Hampshire varies based on individual circumstances, such as credit score, age, driving history and vehicle. We’ve crunched the data for several different driver profiles and found some of the lowest-cost insurers for those in the Granite State.Note from our editor: Maybe you’re searching for car insurance for the first time or want to do some insurance shopping to help lower your monthly premium? This article can serve as a starting point for your car insurance research. There are a lot of factors when it comes to the cost of car insurance, so while you may not see the exact premiums we’ve researched, they can give you an idea of some of the insurers offering the cheapest rates in your state.
According to a 2022 Consumer Affairs report, New Hampshire has the best roads in the United States. But before you get out and enjoy the ride, you should ensure your car is protected with the right auto insurance.
We looked at estimated car insurance rates from several different insurance companies and calculated the average cost on basic coverage, as well as insurers offering the cheapest estimated rates for a number of driver needs and profiles in New Hampshire.
We based our calculations on a relatively neutral driver profile — a driver with no accidents, tickets or claims, for example — in order to evenly compare and get a baseline view of insurers’ rates (see our full methodology). The rates you get may be higher or lower given your driving history and other factors that affect car insurance, like your coverage options, mileage, vehicle type and even your age.
Read on to learn about New Hampshire’s average car insurance rates and our findings for the cheapest options for minimum coverage.
- Cost of car insurance in New Hampshire
- 5 cheapest car insurance companies in New Hampshire
- Cheapest state-minimum car insurance in New Hampshire
- Cheapest car insurance for good credit in New Hampshire
- Cheapest car insurance for poor credit in New Hampshire
- Cheapest car insurance for drivers with multiple claims in New Hampshire
- Cheapest car insurance for young drivers in New Hampshire
- New Hampshire auto insurance requirements
- Is usage-based insurance available in New Hampshire?
- FAQs about the cheapest car insurance rates in New Hampshire
- Methodology
Cost of car insurance in New Hampshire
Average monthly premiums for basic car insurance in New Hampshire range from just over $50 to just over $90, depending on the driver profile.
Average monthly auto insurance premiums in New Hampshire
| Driver or coverage | Avg. monthly cost |
|---|---|
| State-minimum car insurance in New Hampshire | $50.23 |
| Drivers with poor credit in New Hampshire | $90.98 |
| Drivers with multiple claims in New Hampshire | $91.56 |
| Young drivers in New Hampshire | $86.48 |
5 cheapest car insurance companies in New Hampshire
We found that USAA topped the list for several different New Hampshire driver profiles. As a reminder, we’ve calculated the rates below based on a specific driver profile for basic coverage to assess insurers evenly, as detailed in our methodology.
Your rates could be different. Unless otherwise noted, our New Hampshire driver profile has a 680 to 719 credit score, is 36 to 45 years old, has no tickets or coverage gaps, and has a $20,000 to $30,000 car value. Not you? Don’t worry — we’ve also calculated the best options for drivers with different credit scores, ages and other features, so read on to find which option may be best for your needs.
1. USAA
Our New Hampshire driver profile could see basic car insurance with USAA for as little as $26.03 per month. To qualify for USAA car insurance, you’ll have to be a USAA member, which is open to U.S. military members, veterans, spouses and children of USAA members. USAA car insurance also offers additional coverage, such as comprehensive, collision and uninsured and underinsured motorist.
Customers may also qualify for discounts for bundling multiple policies, insuring multiple vehicles, setting up automatic payments or having good grades. Plus, drivers may save up to 30% by participating in the USAA SafePilot® safe driving program.
Check out reviews of USAA auto insurance.2. Commerce Group Inc.
Using Commerce Group, our New Hampshire driver profile could find minimum coverage for as low as $28.50 per month. Commerce Group provides insurance brokerage services, which help drivers shop for car insurance from several insurance companies. The company makes insurance purchases from more than 75 major insurance companies, including Safeco, Travelers, Liberty Mutual and Progressive.
3. Safety Group
Safety Group could offer our New Hampshire driver basic car insurance for as little as $31.67 per month. Safety Group also offers loan/lease gap coverage and an enhanced insurance package called Safety Shield, which includes collision waiver of deductible, glass coverage, emergency road travel expenses, airbag coverage, transportation expenses and guaranteed replacement cost. Potential discounts include multipolicy, student, loyalty and e-customer.
4. Patriot Group
With Patriot Group, our New Hampshire driver profile could see basic car insurance for as low as $33 per month. Patriot Group sells insurance through independent agents and offers optional add-on coverage for vehicle damage, property damage, medical and funeral expenses, work loss benefits, accidental injury or death, court costs for covered claims, towing and rental cars. The company also offers safe-driving discounts and classic car coverage.
5. Encompass
Finally, our New Hampshire driver profile could find minimum coverage for about $37.46 per month with Encompass. You could upgrade with the additional EncompassOne® policy, which protects your car and home, or you could opt for standalone car insurance. This company also offers a wide range of car insurance discounts for safe drivers, good students, cars with certain safety equipment and more.
Cheapest state-minimum car insurance in New Hampshire
Almost every state requires drivers to carry car insurance, and most specify the minimum amount drivers should carry. In New Hampshire, the required minimum is 25/50/25.
5 cheapest car insurance companies in New Hampshire for state-minimum coverage
| 1 | USAA | $26.03/month |
| 2 | Commerce Group Inc. | $28.50/month |
| 3 | Safety Group | $31.67/month |
| 4 | Patriot Group | $33.00/month |
| 5 | Encompass | $37.46/month |
Cheapest car insurance for good credit in New Hampshire
One of the many factors determining your car insurance cost is your credit. Generally, drivers with good credit can find lower auto insurance rates than those with less-than-perfect credit.
5 cheapest car insurance companies in New Hampshire for those with good credit
| 1 | USAA | $22.98/month |
| 2 | Commerce Group Inc. | $25.63/month |
| 3 | Patriot Group | $28.78/month |
| 4 | Safety Group | $30.78/month |
| 5 | Vermont Mutual | $31.86/month |
Cheapest car insurance for poor credit in New Hampshire
Drivers with lower credit scores often pay more for car insurance than drivers with higher scores. But credit is just one factor that determines your rate — you can still save money on your insurance by maintaining a record of safe driving, bundling your policies, or qualifying for other discounts your insurer may provide.
5 cheapest car insurance companies in New Hampshire for those with poor credit
| 1 | Commerce Group Inc. | $38.19/month |
| 2 | USAA | $47.22/month |
| 3 | Patriot Group | $53.17/month |
| 4 | Safety Group | $53.75/month |
| 5 | Geico | $59.29/month |
Cheapest car insurance for drivers with multiple claims in New Hampshire
Another factor that affects your car insurance is your claims history. That is, how many times you’ve filed insurance claims. In general, the safer your record and the fewer claims you have made, the lower your insurance premium will be.
5 cheapest car insurance companies in New Hampshire for multiple claims
| 1 | Commerce Group Inc. | $28.50/month |
| 2 | Encompass | $37.46/month |
| 3 | MMG Insurance Company | $42.50/month |
| 4 | State Farm | $44.67/month |
| 5 | Patriot Group | $51.92/month |
Cheapest car insurance for young drivers in New Hampshire
Finally, your age can contribute to how much you’ll pay for car insurance. Typically, younger drivers are more expensive to insure than older drivers. Over time, as long as you maintain a safe driving record, your premium should decrease as you age. The companies listed below have the cheapest estimated rates on basic coverage for young drivers between the ages of 18 and 21.
5 cheapest car insurance companies in New Hampshire for young drivers
| 1 | USAA | $43.55/month |
| 2 | Encompass | $54.29/month |
| 3 | Geico | $62.34/month |
| 4 | Safety Group | $63.83/month |
| 5 | State Farm | $69.88/month |
New Hampshire auto insurance requirements
New Hampshire laws do not require drivers to carry auto insurance. Still, they must demonstrate that they can meet the state’s financial responsibility requirements in the event of an at-fault accident. If they purchase insurance, New Hampshire drivers must carry a minimum of $25,000 per person and $50,000 per accident for bodily injury liability, plus an additional $25,000 for property damage, uninsured/underinsured motorist coverage, and at least $1,000 of medical payments coverage.
Is usage-based insurance available in New Hampshire?
Usage-based insurance is a type of vehicle insurance that allows customers to pay premiums based on their driving behavior. In New Hampshire, drivers may save money by participating in their insurer’s UBI program.
FAQs about the cheapest car insurance rates in New Hampshire
If you choose to buy car insurance in New Hampshire, the minimum coverage is 25/50/25, which means drivers must carry $25,000 per person and $50,000 per accident of bodily injury coverage, plus $25,000 for property damage. If you buy insurance, you are also required to carry uninsured/underinsured motorist coverage as well as $1,000 of medical payments coverage. If you have a car loan or lease, your lender will likely require you to carry additional coverage.
New Hampshire drivers aren’t required by law to carry auto insurance, but they must be able to demonstrate that they can meet the state’s financial responsibility requirements in the event of an at-fault accident. If they can’t, their license may be suspended.
New Hampshire is not a no-fault state, which means the person determined to be “at fault” in the event of an accident will be responsible for covering most of the damages. However, in New Hampshire, drivers may still receive compensation from their insurance company, even if they are not at fault, depending upon the type of coverage they carry.
Methodology
This article’s estimated rates are the lowest based on the profile of a driver age 36 to 45 living in New Hampshire. Unless otherwise noted, the rates displayed assume a single driver on the insurance policy with no tickets on their driving record and no claims or coverage lapses. The vehicle used in this estimate is valued between $20,000 and $30,000 and has annual mileage of 12,000 to 15,000. Estimated rates for insurance for good credit apply to scores of 720 and above. Estimated rates for insurance for poor credit apply to scores from 350 to 579. Estimated rates for young drivers include those ages 18 to 21. Estimated rates for those with multiple claims are calculated based on two claims.
Note that the rates are provided every six months by Quadrant Information Services. Quadrant Information Services doesn’t include all insurance companies in its rate data. These are estimated rates meant only to provide a frame of reference and comparison. Your rates may vary depending on various factors, such as age, vehicle driving habits and history.
The average monthly premium for state-minimum car insurance includes a New Hampshire-mandated 25/50/25 insurance policy.