How much bodily injury coverage do I need in New Hampshire? This question is about Bodily Injury Liability Insurance

How much bodily injury coverage do I need in New Hampshire?

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This question is about Bodily Injury Liability Insurance

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@WalletHub • 07/13/21 This answer was first published on 07/13/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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In New Hampshire, you need $25,000 in bodily injury coverage per person ($50,000 per accident) if you purchase car insurance. Bodily injury liability coverage pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash. However, car insurance is not required in New Hampshire if you can demonstrate that you can provide enough money to meet New Hampshire Motor Vehicle Financial Responsibility Requirements in the event you are responsible for an accident.

Even though New Hampshire doesn’t always require car insurance, it’s always a good idea to purchase it anyway. Car insurance is an important way to protect yourself financially, since it can keep you from paying out of pocket for expenses resulting from injuries and property damage that you cause.

Drivers in state who do purchase insurance also need $25,000 in property damage liability insurance plus $1,000 in MedPay and uninsured/underinsured motorist coverage equal to your liability limits. For more information, check out WalletHub’s breakdown of how much car insurance you need in New Hampshire.

Answer Question

How does car insurance work in New Hampshire?

New Hampshire is an at-fault state, which means that the at-fault driver is responsible for paying for everyone injured in the accident. There are no restrictions on the right to sue after an accident in at-fault states, even if the insured buys personal injury protection (PIP). In New Hampshire, you don't need car insurance if you prove you meet liability requirements by depositing money with the state treasury.... read full answer

Drivers in New Hampshire are required to carry at least $25,000 in bodily injury liability insurance per person, up to $50,000 per accident, and $25,000 in property damage liability insurance. When an insured driver is responsible for an accident, liability insurance covers the other driver’s expenses.

On average, state minimum coverage costs $1,104 per year in New Hampshire, but there are many factors that can affect how much you pay for a policy. Any coverage above and beyond what is required by New Hampshire law is optional, but it’s usually worth the money to get some additional protection. The biggest reason is that state minimum coverage doesn’t protect your personal vehicle. For insurance to pay for damage to your car, you’ll need full coverage.

In New Hampshire, full coverage refers to a policy that includes collision and comprehensive, plus higher coverage limits than what is required by state law. Full coverage car insurance costs about $3,247 per year in New Hampshire. There may be cases when you don’t need full coverage insurance, but New Hampshire drivers should buy as much coverage as they can afford as a general rule.

Most policies offer coverage for six months to one year at a time and can be paid in a variety of ways, including monthly payments. The best car insurance companies in New Hampshire balance affordability with quality coverage and strong customer service. You can easily get a quote from top companies like State Farm, Geico, Allstate, Amica Mutual and The Hanover online or over the phone, or use WalletHub’s comparison tools to find the best car insurance policy for your needs.

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How much is car insurance in New Hampshire per month?

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 ... read full answer 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
Allstate	$733 per year	$1,903 per year
Auto-Owners	$291 per year	$1,209 per year
Geico	$355 per year	$987 per year
Hanover	$1,332 per year	$4,169 per year
MAPFRE	$345 per year	$1,298 per year
Nationwide	$645 per year	$1,234 per year
Progressive	$646 per year	$1,724 per year
State Farm	$354 per year	$925 per year
USAA	$233 per year	$787 per year
Vermont Mutual	$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
16 years old	$2,412 per year
17 years old	$2,063 per year
18 years old	$1,805 per year
19 years old	$1,456 per year
20 years old	$1,333 per year
21 years old	$1,039 per year
22 years old	$934 per year
23 years old	$889 per year
24 years old	$831 per year
25 years old	$702 per year
35 years old	$517 per year
45 years old	$503 per year
55 years old	$473 per year
65 years old	$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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Is uninsured motorist coverage required in New Hampshire?

No, uninsured motorist coverage is not required in New Hampshire, as it is a rare state that allows most residents to drive without insurance. If a driver chooses to purchase car insurance, however, then they are required to have at least $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 per accident). Drivers who purchase coverage must also have at least $25,000 in underinsured motorist bodily injury coverage per person (up to $50,000 per accident).... read full answer

Drivers in New Hampshire are also required to have insurance or otherwise prove financial responsibility if they’ve recently had an at-fault accident or been convicted of a serious moving violation, like DUI or vehicular assault. There are two ways for New Hampshire drivers to prove financial responsibility. The first is to purchase a car insurance policy that meets the state’s coverage requirements. Alternatively, drivers have the option to make a deposit with the state DMV that is equal in value to the minimum coverage limits, including the required amount of uninsured motorist insurance.

Why Uninsured Motorist Insurance Is Worthwhile in New Hampshire

Uninsured/underinsured motorist coverage helps pay for a car accident if the at-fault driver doesn’t have enough insurance. Normally, the at-fault driver’s liability insurance pays for any property damage or injuries they caused. But if the other driver doesn’t have enough coverage, it can be time-consuming and difficult to sue them for funds to cover any bills. That’s where uninsured/underinsured motorist insurance can help save drivers time and money.

Because New Hampshire allows drivers to go uninsured, it’s estimated that 10% of drivers in the state don’t have car insurance. This gives you a 1 in 10 chance that the other driver won’t have insurance if you get into an accident. Car accidents in New Hampshire can be extremely expensive, too. For example, fatal accidents in New Hampshire cost a total of $202 million in 2018, the latest year with CDC data.

Key Facts About Uninsured Motorist Coverage in New Hampshire

Minimum Uninsured Motorist Bodily Injury Per Person: $25,000

Minimum Uninsured Motorist Bodily Injury Per Accident: $50,000

Minimum Underinsured Motorist Bodily Injury Per Person: $25,000

Minimum Underinsured Motorist Bodily Injury Per Accident: $50,000

Uninsured Drivers on the Road: 10%

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