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Best Cheap Car Insurance in New Hampshire for 2020

Jan. 2, 2020
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If you’re in the market for cheap car insurance in New Hampshire, it’s smart to shop around. Quotes can vary from one company to another, even for the same coverage options and limits.

NerdWallet researched rates from the 12 largest insurers in the state and identified the five most affordable options for several driver types.

Cheapest for good drivers in New Hampshire

For New Hampshire drivers with clean driving and credit records, these are the cheapest insurance companies we found, along with their average rates for full coverage:

  1. Concord Group: $671 per year.
  2. Safeco: $721 per year.
  3. State Farm: $736 per year.
  4. Safety Insurance: $766 per year.
  5. MMG: $788 per year.

Drivers with no recent accidents or violations can get cheaper car insurance rates for having good credit. For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. In terms of driving and credit history, a large portion of drivers are closest to this profile, which carries standard “full coverage” insurance, including comprehensive and collision. Prices shown include a good driver discount, when available from the insurer.

Cheapest for minimum coverage in New Hampshire

These companies have the cheapest average rates for drivers in New Hampshire who choose to buy minimum available auto insurance:

  1. Concord Group: $277 per year.
  2. State Farm: $280 per year.
  3. Amica: $280 per year.
  4. Safety Insurance: $282 per year.
  5. Safeco: $304 per year.
We calculated these numbers by averaging rates for 40-year-old good drivers (earning them a discount if the insurer offers one) who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more. If you're looking for the cheapest possible insurance you can get, though, you'll still want to get quotes from at least three auto insurers.

Cheapest for good drivers with poor credit

For a driver in New Hampshire with a clean driving record and poor credit, these are the cheapest insurers and average rates for full coverage:

  1. Concord Group: $969 per year.
  2. Safety Insurance: $1,293 per year.
  3. Geico: $1,343 per year.
  4. Safeco: $1,406 per year.
  5. Amica: $1,531 per year.
If you have a spotty credit history, it's important to shop around to find the cheapest auto insurance rates you can. Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent at-fault crash, but prices vary by insurer. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record and associated good driver discount, if the insurer offered one. They had poor credit as reported to their insurer, and standard "full coverage" car insurance.

Cheapest for drivers with one at-fault crash

For a New Hampshire driver who recently caused an accident, the insurance companies with the cheapest average rates for full coverage are:

  1. Concord Group: $879 per year.
  2. State Farm: $936 per year.
  3. MMG: $1,171 per year.
  4. Amica: $1,235 per year.
  5. Geico: $1,305 per year.
After a relatively minor crash, some auto insurers will charge a lot more than others for coverage. To get these figures, we averaged rates for 40-year-olds with typical "full coverage" insurance and one recent at-fault crash costing $10,000 in property damage. Your rates will remain high for three to five years after you cause an accident or have a moving violation — and you still may be rejected for coverage from certain companies, including those above. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest insurance after a DUI in New Hampshire

For a New Hampshire driver whose record includes a recent DUI, these are the cheapest insurers and average rates for full coverage:

  1. Concord Group: $1,168 per year.
  2. Progressive: $1,254 per year.
  3. State Farm: $1,326 per year.
  4. MMG: $1,340 per year.
  5. Safeco: $1,453 per year.
A conviction for driving under the influence, or DUI, generally results in higher auto insurance premiums than before. NerdWallet analyzed rates for 40-year-old drivers and standard “full coverage” car insurance with a recent DUI conviction to see which companies were cheapest. Be warned that you may be rejected for coverage, including from the companies listed above. Rates can vary by hundreds between carriers after a DUI, and some penalize for longer than others, so it’s important to shop around for the best available price right after you see a price hike and each year after that.

Cheapest insurance after a ticket in New Hampshire

After a recent speeding ticket, drivers in New Hampshire may want to consider these insurance companies, which showed the cheapest average rates for full coverage:

  1. State Farm: $736 per year.
  2. Concord Group: $769 per year.
  3. MMG: $788 per year.
  4. Geico: $983 per year.
  5. Amica: $1,074 per year.
Getting a speeding ticket will result in higher car insurance rates from most companies for three to five years. To see who has the cheapest rates, we calculated average car insurance rates for 40-year-old drivers with “full coverage” insurance and a recent ticket for speeding 16 mph over the limit. Though these larger companies were the cheapest we found on average, others may be cheaper for you, so be sure to get at least three quotes before deciding on a carrier.

Cheapest for couples and families in New Hampshire

When you need insurance for more than one driver or multiple cars, the companies with the best rates for single drivers may not be the cheapest for you. That’s why we also checked rates for a married couple in New Hampshire, with and without a teen driver. Be sure to shop for auto insurance quotes after any major change in your life, such as getting married, moving or adding a driver to your policy, to find the best rates for your new circumstances.

Cheapest for a married couple in New Hampshire

For a New Hampshire husband and wife, both 50 years old, buying full coverage on two vehicles, these are the cheapest insurance companies we found and their average rates, assuming clean driving and credit histories:

  1. Concord Group: $1,014 per year.
  2. Safety Insurance: $1,038 per year.
  3. Safeco: $1,073 per year.
  4. Amica: $1,100 per year.
  5. MMG: $1,109 per year.
Couples who live together can save on auto insurance by combining policies, whether they are married or not, because they can earn multi-car and multi-driver discounts. Once they tie the knot, rates can dip further, but not because of discounts — insurers see married people as less risky and so charge them lower rates. Our hypothetical 50-year-old couple’s clean driving record also earns them both a good driver discount.

Cheapest for families with a teen in New Hampshire

For a 50-year-old couple plus an 18-year-old driver in New Hampshire, these companies returned the cheapest average rates for full coverage on two vehicles:

  1. Concord Group: $1,835 per year.
  2. Safeco: $2,136 per year.
  3. MMG: $2,208 per year.
  4. Amica: $2,402 per year.
  5. Safety Insurance: $2,470 per year.
Adding a teen with two years’ driving experience to a married couple's policy is sure to cause a big jump in rates. Since different insurers tend to see a teen’s inexperience in different ways, we analyzed rates to see which companies had the cheapest car insurance for teens. These rates are averaged for 50-year-old couples with male and female 18-year-old drivers.

Cheapest for young drivers in New Hampshire

When young drivers shop for car insurance, they may not expect to see cheap rates. Prices are usually higher for people in their 20s than for drivers with more experience. But rates can vary a lot because each insurance company treats age, experience and other factors differently when setting prices. To see which insurers are cheapest for young drivers in New Hampshire, we checked rates for 25-year-olds in a variety of situations.

Cheapest full coverage for young good drivers

For full coverage, these are the cheapest insurance companies and average rates for 25-year-old drivers in New Hampshire who have good credit and a clean driving history:

  1. Safeco: $804 per year.
  2. State Farm: $892 per year.
  3. Concord Group: $923 per year.
  4. Amica: $938 per year.
  5. Safety Insurance: $1,040 per year.
Drivers in their 20s can have a hard time finding cheap car insurance, and that's even truer when they need full coverage. The rates above are averages for 25-year-old male and female drivers with comprehensive and collision coverages, which are often required for drivers with active auto loans or leases. These rates reflect a good driver discount. Young drivers, like all drivers, should check several quotes to find the cheapest for the coverage levels they need.

Cheapest minimum coverage for young good drivers

For a young driver in New Hampshire who wants minimum available insurance coverage, the cheapest companies and average rates are:

  1. Amica: $313 per year.
  2. State Farm: $326 per year.
  3. Safeco: $331 per year.
  4. Safety Insurance: $380 per year.
  5. Concord Group: $412 per year.
Since young people often have fewer assets to protect with liability insurance, they can usually get away with lower coverage limits. For an age group with relatively high insurance rates on average, that's good news, keeping rates as low as possible. For this price set, we averaged rates for 25-year-old male and female drivers who have clean driving records, good credit and bare-bones insurance coverage.

Poor credit and minimum coverage

For a 25-year-old driver with a good driving record and poor credit, these are the cheapest insurers and average rates for minimum coverage limits available in New Hampshire:

  1. Amica: $572 per year.
  2. Safeco: $599 per year.
  3. Concord Group: $604 per year.
  4. Geico: $605 per year.
  5. Safety Insurance: $639 per year.
Poor credit is common for younger folks just starting out, who may still be building their credit files. That can increase rates further, so it's extra important to shop around and compare as many insurance quotes as possible to find the cheapest you can get. For these prices, we averaged rates for 25-year-old male and female drivers with no recent accidents or violations (earning them a good driver discount), minimum coverage car insurance, and credit in the "poor" tier as reported to an insurer.

Cheapest for minimum coverage after a crash

When a young driver in New Hampshire has caused a recent wreck, the insurers with the cheapest average rates for minimum coverage are:

  1. Amica: $437 per year.
  2. State Farm: $465 per year.
  3. Concord Group: $550 per year.
  4. Safeco: $595 per year.
  5. Safety Insurance: $635 per year.

To get prices for this group, we averaged rates for 25-year-old male and female drivers across the state with good credit and a recent at-fault crash costing $10,000 in property damage. Since car insurance is often pricier after a crash, and especially so for young drivers, we assumed minimum insurance to contain costs for our hypothetical driver. If you’ve caused a crash, no matter your age, be sure to check auto insurance quotes just after the third and fifth anniversaries of your incident, when insurers often adjust rates downward.

Cheapest for minimum coverage after a DUI

After a DUI, these are the cheapest insurance companies and average rates for a 25-year-old New Hampshire driver buying minimum coverage:

  1. Progressive: $563 per year.
  2. Safeco: $595 per year.
  3. Allstate: $638 per year.
  4. Concord Group: $725 per year.
  5. State Farm: $855 per year.

Young drivers with a recent DUI on their records will need to be diligent to find the lowest car insurance rates they can get — it’s likely that many companies’ rates will be quite expensive. But spending the time to shop around for quotes can help you find the lowest. For this analysis, we averaged rates for male and female 25-year-old drivers with a recent on-record DUI. They had good credit and minimum car insurance, which helps keep rates down.

Cheapest for minimum coverage and a ticket

For young New Hampshire drivers with a recent speeding ticket on their record, here are the insurers with the cheapest average rates for minimum available coverage:

  1. State Farm: $326 per year.
  2. Amica: $387 per year.
  3. Geico: $442 per year.
  4. Concord Group: $474 per year.
  5. Safeco: $530 per year.
Getting a speeding ticket is never fun, and neither is the higher car insurance bill you may receive months later. At that point, it's time to shop around for better rates, and it wouldn't hurt to repeat on your third and fifth ticket anniversaries, when insurers may adjust rates downward. We analyzed rates for 25-year-old male and female drivers with a recent speeding violation for going 16 mph over the speed limit to see prices for this group.

Cheap for military families

For New Hampshire drivers with a military connection, cheap car insurance is often available through USAA, whose policies are exclusively for active service members, veterans and their families. We didn’t rank USAA alongside other companies since it isn’t offered to the general public, but it was the second cheapest option in New Hampshire for 40-year-old drivers with poor credit and the cheapest insurer for every other driver category listed above.

» MORE: Best Car Insurance for Active Military and Veterans

Recap: Cheapest car insurance in New Hampshire

  • Good drivers: Concord Group
  • Minimum coverage: Concord Group
  • Poor credit: Concord Group
  • After an at-fault crash: Concord Group
  • After a DUI: Concord Group
  • After a speeding ticket: State Farm
  • Married couples: Concord Group
  • Families with a teen: Concord Group
  • Young good drivers: Safeco
  • Minimum coverage for young good drivers: Amica
  • Minimum coverage for young drivers with poor credit: Amica
  • Minimum coverage for young drivers after a crash: Amica
  • Minimum coverage for young drivers after a DUI: Progressive
  • Minimum coverage for young drivers after a ticket: State Farm

» MORE: Compare car insurance

Minimum coverage car insurance in New Hampshire

Unlike other states, New Hampshire doesn’t require most drivers to carry auto insurance. If you choose to purchase a policy, it will need to include at least the following coverages and limits:

  • $25,000 bodily injury liability per person.
  • $50,000 bodily injury liability per incident.
  • $25,000 property damage liability per incident.
  • $25,000 uninsured/underinsured motorist bodily injury coverage per person.
  • $50,000 uninsured/underinsured motorist bodily injury coverage per incident.
  • $25,000 uninsured/underinsured property damage coverage per incident.
  • $1,000 medical payments coverage.

As an alternative, you may be able to provide proof of financial responsibility by depositing money or securities with the state treasury.

However, New Hampshire may require you to buy car insurance if you’re convicted of certain offenses. Those include:

  • Driving while intoxicated (DWI).
  • Underage DWI.
  • Leaving the scene of an accident.
  • Conduct after an accident.
  • Second offense of reckless operation.
  • Homicide or assault arising from driving.

If you commit one of these offenses, your insurer will file an SR-22 certificate with the state, and if you continue to drive, you’ll be required to carry insurance for the next three years, in most cases. If you commit another offense, that time limit can be extended.

Alternative car insurance in New Hampshire

Drivers who are unable to get car insurance on the voluntary market because of at-fault crashes, poor credit or other factors can apply for coverage through the state’s New Hampshire Automobile Insurance Plan.

For more help finding cheap car insurance in New Hampshire, try NerdWallet’s auto insurance quotes comparison tool.

Methodology

For our “good driver” profile, NerdWallet averaged rates from the largest insurers in the state for 40-year-old men and women in all ZIP codes with 12,000 annual miles driven. The policy includes:

  • $100,000 bodily injury liability per person.
  • $300,000 bodily injury liability per accident.
  • $50,000 property damage liability per accident.
  • $100,000 uninsured motorist coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.
If required, minimum additional coverages were added and "good driver" discounts were automatically applied. Our “young driver” had all the same characteristics, but average rates were for 25-year-old men and women. We used a 2016 Toyota Camry LE for all single drivers. We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
  • For drivers with a DUI, we added a single drunken driving violation.
Couples in our analyses were 50-year-old men and women with good credit and clean driving histories, averaged across all ZIP codes with the same policy outlined above. To see rates for families with a teen, we added an 18-year-old licensed two years ago, averaging rates for male and female teens. For couples and families we added a 2016 Nissan Rogue S to create a two-car household.

In all cases, a paperless discount, e-signature discount and electronic funds transfer discount were automatically applied. These are rates provided by Quadrant Information Services. Your own rates will be different.