WalletHub, Financial Company
The minimum liability car insurance requirements in New Hampshire are $25,000 in bodily injury liability insurance per person ($50,000 per accident) and $25,000 in property damage liability insurance. However, New Hampshire drivers may opt out of having car insurance if other requirements are met. If the driver is able to demonstrate that they are able to provide sufficient funds to meet New Hampshire motor vehicle financial responsibility requirements, they may opt out of carrying car insurance.
In addition, drivers in New Hampshire will need to purchase $1,000 in MedPay and uninsured/underinsured motorist coverage equal to your liability limits to satisfy the state’s minimum car insurance requirements.
Types of Car Insurance Required in New Hampshire
- Bodily injury liability (BI)
- Property damage liability (PD)
- Uninsured motorist (UM)
- Underinsured motorist (UIM)
If New Hampshire drivers do not purchase at least the minimum required coverage or follow the correct protocol in order to opt out of carrying the minimum requirements, they can face consequences for driving without insurance.
Drivers should also consider purchasing other types of car insurance in order to better protect themselves, given that liability insurance does not provide any coverage for the policyholder’s own injuries or property. For instance, both collision insurance and comprehensive insurance cover damage to the policyholder’s car. You will likely also need these types of insurance if your vehicle is financed.
To learn more, check out WalletHub’s guides on how much car insurance you need and cheap car insurance in New Hampshire.
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