Average cost of car insurance in New Hampshire for 2023

How much is car insurance in New Hampshire?

New Hampshire drivers pay less for car insurance than the average American driver. For comparison, the average cost of car insurance in the U.S. is $2,014 per year for a full coverage policy, whereas New Hampshire drivers pay an average of $1,262 annually. Car insurance rates also depend on the state you live in. For instance, the average car insurance cost in New Hampshire is cheaper than the average car insurance cost in Rhode Island. So, how much is car insurance in New Hampshire? The table below outlines the state annual average costs for minimum and full coverage, respectively:

New Hampshire car insurance rates by city

New Hampshire car insurance rates can vary significantly based on your city. In the table below, we include the average rates for full coverage car insurance in some of the largest cities in New Hampshire by population, and show how each city’s average rate compares to the statewide average.

Average car insurance costs by age and gender in New Hampshire

Another set of factors that will impact the cost of your car insurance premium in New Hampshire is your age and gender. Young drivers typically pay higher rates than older drivers because they have less experience behind the wheel and are more likely to cause accidents and file claims. Likewise, males tend to face higher average rates as they statistically experience a higher average frequency of traffic violation. The tables below outline the average annual premiums for drivers in New Hampshire by age and gender. These rates are calculated for drivers on their own policies.

Cost considerations for young drivers in New Hampshire

In general, young drivers cost less to insure when they are on their parents’ policy compared to when they are on their own. The table below compares rates between young drivers on their parents’ policy and those on their own policy.

*16- and 17-year-old drivers must be on their parents' policy.

How does driving record impact the cost of car insurance in New Hampshire?

When you apply for car insurance, the insurance company looks at your driving record to determine your level of risk. Drivers with a history of violations usually pay the highest rates. Here are the average annual premiums for drivers in New Hampshire with one speeding ticket, one accident and one DUI on their record. Keep in mind that not all providers will extend coverage to high-risk drivers or those with a DUI conviction, so it’s important to shop around and speak to a licensed agent to know your options. The table below highlights this information and shows how much these rates deviate from the state average:

Car insurance rates in New Hampshire by credit tier

Creditworthiness is factored into premiums by car insurance companies in most states, including New Hampshire. Credit standing has a statistical correlation to claims filing according to actuarial data, whereby drivers with lower credit scores are more likely to file a claim. Insurers often consider credit-based insurance scores in their rating algorithm, leading to higher rates for drivers in lower credit tiers. New Hampshire rivers with poor credit pay more than twice as much for full coverage, on average, as drivers with good credit.

New Hampshire car insurance rates by vehicle type

The type of vehicle you drive can have a big impact on your car insurance rates in New Hampshire. The make and model of your car influences things like crash ratings, cost of repairs, safety features and more. All of these variables can impact your rates. The table below outlines the difference in average rates between several common vehicles:

How to save on car insurance in New Hampshire

Drivers who are looking for the cheapest car insurance in New Hampshire should shop around and compare quotes from multiple providers. Drivers can also employ some other strategies to help save money and get a lower rate. 

Here are some suggestions for getting cheap car insurance in New Hampshire:

• Look for discounts: Most car insurance companies offer discounts that can help drivers get a lower premium. Typical discounts include savings for being a good student, being claim-free and having certain safety equipment in your vehicle.
• Improve your credit score: Drivers with poor credit pay higher car insurance rates on average due to their heightened claim risk level. Raising your credit score can help you get a lower premium.
• Raise your deductible: Raising your deductible means taking on more financial responsibility and often reduces your premium. Just make sure you can afford to pay a higher deductible out of pocket in the event of a claim.
• Pay your premium in full: Drivers who can afford to pay their annual insurance premium upfront and in full, rather than in monthly installments, often qualify for a lower rate.

Estimate your car insurance cost in New Hampshire

Frequently asked questions