Average Car Insurance Cost in New Hampshire (2024 Rates)

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34.5K ZIP codes analyzed

If you’re looking for car insurance rates in New Hampshire, the average annual premium is $1,265, per year or $105 monthly. This contrasts with the national average of $1,895, highlighting a variation of $630. Various elements influence car insurance rates, including age, gender, driving record, credit score, and location.

This guide talks about the average cost of full coverage in the state, identifies companies providing affordable monthly premiums for car insurance, outlines average car insurance rates across cities in New Hampshire, and breaks down car insurance rates by age group. To save on your auto insurance expenses, it’s advisable to shop around and compare quotes.

Keep reading to ensure that your insurance policy aligns with your needs without exceeding your budget.

Average annual cost
$1,265

Average per month cost
$105

Average cost for state minimum coverage
$397 / Year

Cheapest car insurance company
Auto-Owners($803 / Year)

Average cost for young drivers
$2,115 / Year

Average cost for Senior drivers
$1,315 / Year

Key Takeaways

The average car insurance cost in New Hampshire is $1,265 per year, based on Insure.com’s analysis.
In New Hampshire, the average premium for car insurance is $105 per month.
Auto-Owners has the cheapest car insurance rates in New Hampshire, at an average annual rate of $803 a year.

Average car insurance cost in New Hampshire per month

In New Hampshire, the monthly rate for car insurance is $105.

This rate can vary among companies, as is the case with every auto insurance carrier. When exploring car insurance rates in New Hampshire, it’s best to obtain quotes from multiple companies to ensure you find the most suitable coverage at the best possible price.

Cheapest car insurance companies in New Hampshire

According to Insure.com’s rate analysis, the most affordable provider of car insurance premiums in New Hampshire is Auto-Owners, with an average annual cost of $803 and a monthly average of $67. Following closely is The Hanover, providing coverage at an average monthly rate of $86.

The following table lists additional car insurance companies operating in New Hampshire and their respective average monthly and annual costs.

Affordable car insurance providers in New Hampshire

Graph

Table

Company name	Average per month cost	Average annual cost
Auto-Owners	$67	$803
The Hanover	$86	$1,027
MMG Insurance	$86	$1,038
Nationwide	$95	$1,145
State Farm	$96	$1,155
Geico	$101	$1,212
Progressive	$112	$1,343
Farmers	$163	$1,954
Allstate	$177	$2,123
USAA	$71	$852

Read our guide to cheap car insurance companies

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Methodology

Insure.com commissioned Quadrant Information Services to calculate average auto insurance rates for vehicles from 2006 to 2023.

Our hypothetical driver is a 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage.

Rates for vehicles up until 2023 includes uninsured motorist coverage (since some states require it, we do it for all) and PIP or Medical Payments, if it is required by state law. This hypothetical driver has a clean record and good credit.

For liability 100/300 is rates the same hypothetical driver but with liability limits of 100/300/50, uninsured/underinsured motorist in matching amounts and PIP or MedPay, if required by state. We recommend limits this high, even if you have only liability coverage. A state-minimum policy includes only the basic state liability limits and any other state-required coverages, such as uninsured motorist or PIP.

Averages were calculated using data from six large carriers, such as Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. Rates were averaged across multiple ZIP codes and insurance companies. Average rates are for comparative purposes; your rate will depend on your personal factors.

Average cost of car insurance by coverage levels in New Hampshire

Car insurance rates in New Hampshire are directly proportional to the amount of coverage you buy. Your premium is determined by factors such as your liability limits and your choice of comprehensive and collision coverage.

Liability-only insurance protects against third-party property damage and personal injuries in an accident. However, relying solely on liability coverage would not cover your injuries or property damage if you are considered at fault in a collision. Liability-only insurance for a coverage limit of 50/100/50 costs $416 per year in New Hampshire.

As mentioned earlier, increasing the coverage on your policy leads to a rise in your premium, as the insurer will need to provide compensation in case of accidents or other damages. The average annual cost of full coverage car insurance in New Hampshire amounts to $1,265 per year.

If you don’t own a car but frequently rent one, non-owner state minimum liability coverage is the most suitable option. Similar to liability-only coverage, it protects property damage and bodily injury caused by another driver. In New Hampshire, the average annual cost for non-owner state minimum liability coverage is $318.

For individuals seeking to reduce their car insurance expenses, selecting only the state minimum liability coverage is an option to ensure legal driving privileges within the state. This coverage, which includes only the minimum liability requirements, carries an annual cost of $397 in New Hampshire.

1State minimum:$397

2Liability only:$416

3Full coverage:$1,265

4Non-owners:$318

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in New Hampshire by city

Average car insurance cost in New Hampshire by city

Your car insurance premium is impacted by numerous factors, including your state, city, and even ZIP code. The incidents of accidents and the probability of vehicle theft or vandalism can significantly sway the overall cost within a city or ZIP code.

The table below depicts the top popular cities in New Hampshire:

City	Average annual cost
Claremont	$1,212
Concord	$1,218
Dover	$1,249
Keene	$1,181
Laconia	$1,243
Lebanon	$1,202
Manchester	$1,436
Nashua	$1,317
Portsmouth	$1,230
Rochester	$1,239

Average car insurance cost in New Hampshire by age of the driver

Age plays a significant role in determining auto insurance premiums. Teenagers have a higher likelihood of being involved in car accidents compared to other age groups. The average annual rate for young drivers in New Hampshire is $2,115, whereas for seniors, it’s $1,315. The rate for young drivers surpasses that of senior drivers by $800.

Based on statistical data, young drivers are at a higher risk of being involved in vehicle accidents compared to more seasoned drivers. Consequently, they are categorized as high-risk drivers, leading to higher insurance costs. Factors such as speeding and limited road experience contribute to this high-risk classification. However, premiums begin to increase again around age 70, as certain age-related factors can impact driving capabilities.

Average car insurance cost in New Hampshire for young drivers

For female young drivers in New Hampshire, the average annual car insurance cost is $2,014, and $168 per month. Conversely, male young drivers face an average annual rate of $2,215, and $185 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
20	$2,836	$2,524
21	$2,350	$2,128
22	$2,093	$1,918
23	$1,963	$1,809
24	$1,835	$1,693

Average car insurance cost in New Hampshire for senior drivers

For senior female drivers in New Hampshire, the annual cost of car insurance is $1,298, or $108 per month. Similarly, male senior drivers face an annual insurance rate of $1,333, or $111 per month.

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
65	$1,201	$1,175
70	$1,322	$1,298
75	$1,475	$1,423

Minimum car insurance requirements in New Hampshire

Every state establishes laws regarding the minimum car insurance coverage drivers must possess to lawfully drive a vehicle. As outlined by the New Hampshire Department of Insurance, the following are the mandatory coverages and minimum coverage limits mandated in New Hampshire:

Bodily injury per person: $25,000
Bodily injury per accident: $50,000
Personal property coverage per person: $25,000

Cheapest cars to insure in New Hampshire

Hyundai Venue owners pay less for car insurance, around $1,143 per year.

Chevrolet TrailBlazer follows closely with an annual premium of $1,150. The annual difference in insurance costs between these two models amounts to $7.

Make	Model	Average annual premium
Hyundai	Venue	$1,143
Chevrolet	TrailBlazer	$1,150
Honda	HR-V	$1,166
Mazda	CX-30	$1,174
Buick	Encore GX	$1,204
Kia	Seltos	$1,208
Hyundai	Kona	$1,228
Ford	Maverick	$1,237
Subaru	Forester	$1,249
Subaru	Crosstrek	$1,255

Most expensive cars to insure in New Hampshire

Topping the list as the most expensive car to insure is the Maserati Quattroporte Trofeo, at an average annual premium of $4,312. Notably, the annual difference between the least and most expensive cars to insure amounts to $3,169.

Make	Model	Average annual premium
Maserati	Quattroporte Trofeo	$4,312
Porsche	Taycan Turbo	$4,280
Maserati	Quattroporte	$4,252
BMW	M8	$4,159
Porsche	Panamera Turbo S E-Hybrid	$4,075
Maserati	Ghibli Trofeo	$4,036
Audi	R8 Performance	$4,019
Audi	E-Tron GT	$3,933
Audi	R8	$3,901
Porsche	Taycan GTS	$3,896

Methodology

The Insure.com team worked with Quadrant Information Service to obtain car insurance data. To determine the average premiums, our team of data analysts and expert editors analyzed 56,838,240 insurance quotes from 136 insurance companies across 34,523 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

57M

Quotes reviewed

136

No. of carriers analyzed

34.5K

ZIP codes analyzed