The city in New Hampshire with the least expensive auto insurance premiums is Hanover, which has an average annual premium of $370 per year. By comparison, the average cost of car insurance in New Hampshire overall is $438 per year.
Cheapest Cities for Car Insurance in New Hampshire
Hanover: $370 per year
Keene: $375 per year
Berlin: $375per year
Claremont: $382 per year
Some cities in New Hampshire have cheaper car insurance premiums than others because insurance companies take a driver’s ZIP code into account when calculating their premium, alongside other factors. For example, drivers who live in dense urban areas typically pay more for coverage than drivers in rural areas because they’re more likely to get into an accident. And if an area has a particularly high theft rate, car insurance may be more expensive due to the risk of vehicles being stolen.
Yes, ZIP codes affect car insurance premiums. Drivers in the most expensive ZIP codes in New York and California, for example, pay an average of about $3,500 more per year for full-coverage car insurance than drivers in the least expensive areas of those states. And drivers in the most expensive states for car insurance, like New York, can expect to pay at least $700 more per year for minimum coverage than drivers in the least expensive states, like Iowa, on average.… read full answer
With that being said, certain states have banned the use of ZIP codes for insurance pricing or have passed laws reducing their influence on premiums due to concerns about the impact on low-income and minority drivers. For instance, insurers in California are legally required to consider factors like a driver’s record and years of experience before taking their ZIP code into account. Similarly, Michigan used to have the country’s most expensive ZIP codes for car insurance. In response, it recently passed a law forbidding the use of ZIP codes and other demographic information in calculating premiums.
In most states, however, car insurance companies still do consider ZIP codes when calculating premiums.
Car insurance companies evaluate ZIP codes based on:
Traffic, which is affected by population density and the number of cars on the road
Accident rates, which are also influenced by demographics and road quality
The number of uninsured motorists
The ZIP code’s claims history
Weather and environmental factors such as natural disasters
State and local government regulations
The difference in your premium probably isn’t significant enough to justify moving houses just for the insurance savings. However, if you anticipate moving, estimating premiums in advance will help with your financial planning.
It’s also worth noting that lying about your ZIP code or using a friend’s or family member’s address deceptively can lead to denied claims or even charges of insurance fraud. So being dishonest is certainly not worth the short-term cost savings. Instead, if your ZIP code is hurting your car insurance premiums, compare rates with different companies and look for discounts based on other factors.
To find out if you still need an SR-22, contact your local DMV office and ask if your SR-22 form has been filed for the required period of time. If it has, you can then contact your car insurance company and request that they remove your SR-22 filing with the state. Each state has its own requirements, but you usually only need an SR-22 for about … read full answerthree years.
You should never cancel your SR-22 filing if the DMV says you still need it. Doing so would result in penalties such as driver’s license suspension, vehicle registration suspension, and hefty fees. In addition, you would likely need to start the SR-22 filing period all over again.
In New Hampshire, drivers need $25,000 of bodily injury liability insurance per person, up to $50,000 per accident, and $25,000 of property damage liability insurance. New Hampshire does not require uninsured motorist protection, which replaces the liability coverage an at-fault driver should’ve had and pays for your costs up to your policy limits. Coverage like MedPay or personal injury protection pays for medical expenses for you and your passengers, and MedPay is optional in New Hampshire. PIP is not available. 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
Here’s How Much Car Insurance Drivers Need in New Hampshire:
If you lease or finance your car, you may be required to carry coverage types that are not mandatory under New Hampshire law. Lenders usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle was caused by something other than a collision—like a natural disaster, vandalism, falling objects, or animals—it is most likely covered by comprehensive insurance. You might also have to get gap insurance, which covers the difference between what you owe on your loan and what the vehicle is worth at the time of a total loss.
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