The average cost of car insurance in New Hampshire ranges from $473 per year for 55-year-olds to $2,412 per year for 16-year-olds. New Hampshire residents with a good driving record generally see their car insurance premiums drop around age 25, and average rates continue to fall as policyholders age. However, around age 65, you will likely start to see your rates increase again.
Average Cost of Car Insurance in New Hampshire by Age
$2,412 per year
$702 per year
$517 per year
$503 per year
$473 per year
$496 per year
Note: Premiums are representative of a male driver with a minimum coverage policy and a clean driving record; individual premiums will vary.
Car insurance is cheapest around age 55, on average, according to WalletHub data. Middle-aged drivers with experience on the road are the least expensive to insure because they have the lowest accident and claims rates, especially compared to senior and teenage drivers, who are the most likely to be involved in car crashes. Overall, car insurance is cheapest for drivers aged 35-65.
Full coverage insurance in New Hampshire costs an average of $271 per month. A full coverage policy usually includes collision and comprehensive insurance, plus the types of coverage required by New Hampshire law. In New Hampshire, liability insurance, uninsured motorist coverage, and MedPay are mandatory for all drivers.
Average Cost of Full Coverage Insurance in New Hampshire
You can get car insurance discounts in New Hampshire based on how you drive, the car you own, and your relationship with your insurance company. In New Hampshire, car insurance companies are allowed to consider factors like employment, residential, and marital status when setting premiums. That means there are also discounts available for being married, owning a home, or being affiliated with certain employers or educational institutions.
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