WalletHub, Financial Company
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Car insurance in New Hampshire costs $42 per month or $503 per year for minimum coverage, on average. The cheapest car insurance companies in New Hampshire are USAA, Patriot, and Auto-Owners, and getting quotes from several companies can help you find the best deal.
The average cost of car insurance in New Hampshire is 25% lower than the national average auto insurance premium. There are several factors that affect how much you’ll pay for car insurance in New Hampshire, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.
Average Cost of Car Insurance in New Hampshire by Category
- After an at-fault accident: $148 per month
- Driver with poor credit: $83 per month
- Teen driver: $201 per month
- After a DUI: $93 per month
Average Cost of Car Insurance in New Hampshire by Company
Company | Minimum Coverage | Full Coverage |
$733 per year | $1,903 per year | |
$291 per year | $1,209 per year | |
$355 per year | $987 per year | |
$1,332 per year | $4,169 per year | |
$345 per year | $1,298 per year | |
$645 per year | $1,234 per year | |
$646 per year | $1,724 per year | |
$354 per year | $925 per year | |
$233 per year | $787 per year | |
$356 per year | $1,305 per year |
Note: Rates are an approximation based on a 45-year-old man in New Hampshire with a clean driving record. Actual rates will vary.
Average Cost of Car Insurance in New Hampshire by Age
Age | Average Annual Premium |
$2,412 per year | |
$2,063 per year | |
$1,805 per year | |
$1,456 per year | |
$1,333 per year | |
$1,039 per year | |
$934 per year | |
$889 per year | |
$831 per year | |
$702 per year | |
$517 per year | |
$503 per year | |
$473 per year | |
$496 per year |
Note: Rates are an approximation based on a driver in New Hampshire with minimum coverage and a clean driving record. Actual rates will vary.
How to Lower the Cost of Car Insurance in New Hampshire
- Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
- Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
- Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
- Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.
To learn more, check out our guide to how much car insurance you need in New Hampshire as well as our picks for the cheapest car insurance companies in New Hampshire.
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