NH likes to be different- and it is. NH is the ONLY state that does NOT require you to buy car insurance.
While it is not mandated it's a good idea to buy NH Auto Insurance and .... it's cheap!
We are 47! (Meaning that 46 other states have higher auto insurance rates than NH!) The average auto insurance premium in NH is 941 annually - but many of our clients pay less! You can see how NH Stacks up against other states in this interactive map here.
Average Annual Car Insurance (source Insure.com)
What are the NH State Limits for Auto Insurance?
In New Hampshire insured drivers must carry at least the following coverages and limits:
Bodily Injury: $25,000 per person and $50,000 per accident.
Property Damage: $25,000 per accident.
Uninsured/Underinsured Motorist: $25,000 per person and $50,000 per accident.
Medical Payments: $1,000 per accident.
What if I want better coverage?
In NH it costs only a MINIMAL amount to buy higher levels of coverage for liability and property damage.
We ran a quote for a client today and the cost to buy up from the NH State mandated limits to the better coverages listed below was just 3.34 month.
Bodily Injury: $100,000 per person and $300,000 per accident.
Property Damage: $100,000 per accident.
Uninsured/Underinsured Motorist: $100,000 per person and $300,000 per accident.
Medical Payments: $5,000 per accident.
Are NH Drivers ever required to buy car insurance?
While NH does not have a mandatory car insurance law, there are specific times when a driver has to buy car insurance. The NH DMV may require a driver to obtain Proof of Financial Responsibility also known as an SR-22. The SR 22 is often required after a DWI/DUI, accident without insurance or for excessive demerit points. Learn more about the SR-22 financial responsibility requirement here.
How are auto insurance rates in NH calculated?
In NH car insurance companies are allowed to use the following to calculate your rates:
- Age, Gender and Marital Status
- Household Members
- Coverage Limits
- Type of Auto
- Use of the Auto
- Credit History
Where can I get more information about car insurance in NH?
We think that your local Trusted Choice Independent Agency (like us!) is a great resource. Also the NH Insurance Department has some excellent brochures with more detailed information. Please see 2 publications that help to educate the public about car insurance in NH.
NH Frequently Asked Questions About Car Insurance
Your Guide To Understanding Auto Insurance in the Granite State
NH Auto Insurance does not have to be expensive or complicated. As an independent agency we work with you, to answer your questions, and help you get the most attractive car insurance for you and your family. If you have any questions about NH SR22's, auto insurance in NH, or if you want a NH car insurance quote please call us toll-free 1-888-882-2909.
CLICK HERE AND DO YOUR OWN ONLINE NH CAR INSURANCE QUOTE
Steve Donohue is an insurance agent in Nashua, NH and a specialist in car insurance.