With the gas prices in the United States at more than $4, according to AAA data, drivers looking to save a few bucks could opt for cheaper car insurance.

The cheapest car insurance in New Hampshire costs $62 per month for a full coverage policy. That’s a $46 savings from the average cost of insurance in the state, which is $109 a month.

To help you find the cheapest rates, CarInsurance.com analyzed rates from multiple auto insurance companies in New Hampshire including Geico, Progressive, Mercury, and many others, so that you can easily compare car insurance rates.

Granted, you probably don’t just want a good rate, you want good coverage as well. That’s why we have prepared this comprehensive guide for you. It will help you find cheap car insurance in New Hampshire for your needs without sacrificing essential coverage and ensuring your financial security.

Who has the cheapest car insurance in New Hampshire?

Auto Owners Ins offers the cheapest car insurance rates in New Hampshire for a full coverage policy with an average premium of $62 per month or around $749 per year, based on CarInsurance.com's rate analysis.

A full coverage policy includes liability insurance, which is required by law in most states, and optional coverage such as comprehensive and collision insurance, which typically have a deductible.

Cheapest Car Insurance Rates in New Hampshire

List of cheapest car insurance companies in New Hampshire

The below table shows the cheapest quotes in New Hampshire by different insurance carriers for a full coverage policy.

Cheapest car insurance rates in New Hampshire per month

Graph
Table
CompanyFull Coverage
Auto-Owners$62
Geico$67
State Farm$70
Progressive$72
Nationwide$77
 

Who pays a lower insurance premium in New Hampshire?

Car insurance quotes vary based on a number of factors such as your age, location, driving record, credit score, driving habits, and type of vehicle you drive. Some insurance companies may offer cheaper policies for certain types of drivers than others. For instance:

  • Married drivers pay 8% less than single drivers.
  • New Hampshire drivers with clean records pay 39% less than drivers who have a DUI on their record.
  • New Hampshire drivers in their 20s pay 53% lower rates for insurance than a 16-year-old in New Hampshire.
  • Adding a teen to your policy will cost you 59% less than having the teen purchase their own auto insurance policy.
  • Drivers who are licensed for three or more years pay 31% less on their insurance premium.
  • Drivers insured for three or more years can save up to 13% on their insurance cost.

Cheapest companies for different coverage levels in New Hampshire

It's no secret that car insurance quotes vary drastically from person to person and from company to company. Your car insurance premiums will also vary depending on the coverage level you choose, your driving history, and other factors.

In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies typically only cover damage to another driver’s bodily injury and property damage in the event of an accident.

Not all insurers offer the same coverage limits at the same price point. For instance:

  • Auto Owners Ins is the cheapest for a state minimum policy.
  • Auto Owners Ins has the cheapest rates for a liability-only policy (50/100/50).
  • Auto Owners Ins offers the cheapest car insurance for a full coverage policy (100/300/100) in New Hampshire.

The numbers above (100/300/100) represent up to $100,000 for the medical bills of those you injure with a $300,000 cap per accident and up to $100,000 to repair other drivers’ cars and property that you damage.

Cheapest state minimum coverage in New Hampshire

State laws require all drivers to maintain a minimum level of car insurance coverage, also known as the state's minimum coverage requirements. In New Hampshire, you must have at least the following insurance coverage on your car.

Minimum CoverageMinimum Limit
Minimum bodily injury liability$25,000/$50,000
Minimum property damage liability$25,000
Uninsured/underinsured motorist bodily injury$25,000/$50,000
Medical payments$1,000

Read more about the minimum liability car insurance requirements by state

Below you'll see average annual rates for major insurance providers in New Hampshire, ranked cheapest to expensive for state minimum coverage.

CompanyAnnual Rates: State Minimum
Auto-Owners$225
State Farm$246
Geico$266
MAPFRE INS GRP$270
Progressive$352

Cheapest liability-only coverage in New Hampshire

Your liability-only coverage will cover the cost of any damage, injuries, or deaths you cause in an accident, up to the policy limits. 

Below you'll see average annual rates for major insurance providers in New Hampshire, ranked cheapest to expensive for liability insurance coverage. The coverage limit for the below-mentioned rates is $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.

CompanyAnnual Rates: Liability Only
Auto-Owners$256
State Farm$284
Geico$291
MAPFRE INS GRP$302
Progressive$372

Cheapest full coverage in New Hampshire

Full coverage car insurance policies consist of comprehensive and collision insurance. It protects against accidents, theft, vandalism, and natural disasters. 

Ideally, full coverage means you have insurance that’s appropriate for your income, assets, and risk profile. Lenders require full coverage from those who finance their cars. 

The table below shows the average annual rates from major insurance providers in New Hampshire, ranked cheapest to expensive for a full coverage policy of $100,000 for bodily injury per person, $300,000 for bodily injury per accident, and $100,000 for property damage, with comprehensive and collision coverage, and a $500 deductible.

CompanyAvg. Annual Premium
Auto-Owners$749
Geico$804
State Farm$837
Progressive$869
Nationwide$918

Read more about full coverage car insurance:

Which cities in New Hampshire have the lowest auto insurance rates?

Your car insurance company sets your rates based on many factors. One of the most important is where you live. Companies look at the number and cost of car insurance claims in your area to determine how risky it is to insure you.

The city with the lowest auto insurance rates in New Hampshire is Swanzey, at $1,160 per year. Insurance companies use data about thefts, collisions, and vandalism to decide how likely it is for one of these things to happen in your city. Insurers also consider your driving record, the type of car you drive, and your car's age to determine your premiums.

Below is a list of cities in New Hampshire with the lowest auto insurance rates:

CityAvg. Annual Premium
Swanzey$1,160
Gilsum$1,179
Hdale$1,199
Ashuelot$1,202
Keene$1,204
Winchester$1,211
Springfield$1,211
Washington$1,212
Charlestown$1,218
Cornish Flat$1,219

How much can you save on car insurance in New Hampshire?

By comparing car insurance quotes, you can save an average of 80% per year for a full coverage policy in New Hampshire. 

While savings will depend upon individual circumstances, there are still significant benefits associated with comparison shopping and getting exactly what you need at an affordable price.

The bottom line on cheap car insurance in New Hampshire

Based on our research, if you are a good driver, then Auto Owners Ins is the cheapest in New Hampshire for a full coverage policy.

We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.

The best way to find affordable car insurance in New Hampshire is to know and understand the coverage you need, compare quotes, apply for discounts, and maintain a clean driving record. Even if you have tickets or accidents, it's still possible that the company will offer you a policy at affordable rates.

Get more insightful data analyzed by experts to learn how much average car insurance costs in New Hampshire.

Methodology

CarInsurance.com commissioned Quadrant Information Services to field rates from all the major insurers in nearly every ZIP code of New Hampshire for three different coverage levels. The rates mentioned are for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible -- unless otherwise stated -- for a 40-year-old driver with a clean driving record and a good credit score.

author image
Shivani Gite
Contributing Researcher

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy-to-understand for people and helping them make better financial decisions. When not writing, you can find her reading a book or watching anime.