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New Hampshire Cheapest Auto Insurance & Requirements

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Updated November 2nd, 2020

Depending on your location and driver history, the overall cheapest auto insurance carriers in New Hampshire are Concord, Patriot, and Progressive.

You should be able to find quotes from each carrier from 23 to over 40% cheaper than the median rate for similar age drivers.

Other insurers to put on your bucket list to get quotes are GEICO, Vermont Mutual, and Commerce.

Each carrier can offer quotes from 16 to 31% lower than the drivers’ median rate with a good driving history.

Two other insurers which can be nearly as competitive are State Farm and Encompass.

We will go into more detail below.

This article will cover the least expensive carriers in New Hampshire, the minimum auto insurance requirements, and cost-saving strategies to help you save on your monthly premium.

If you would like to skip to a certain portion of the article, there is a table of contents down a little and to the right.

NH lowest premium choices for a 25 year old.Note: As illustrated, the lowest price carriers clustered between $1,632 and $1,687 per year for a 25-year old. This male driver owned a 2014 Honda Accord with no driving violations and decent credit; for more details, see the table below.

New Hampshire Minimum Auto Insurance Coverage

In the state of New Hampshire, there is a misconception that you do not need liability insurance to drive legally.

Technically, this is not accurate.

The lenient part of New Hampshire’s car insurance regulations is a driver does not have to show proof of insurance when they register their vehicle.

The law states, if you are in an accident you are responsible for bodily and property damage liability caused from such accident. 

Minimum coverage is required when you are convicted of certain violations or meet certain criteria. 1st Source, 2nd Source

Although this may seem enticing to some drivers to forgo insurance in the state, the minimums are a little more than above average compared to most states.

CoverageNew Hampshire Minimum Liability CoverageRecommended Coverage
Bodily Injury Protection$25,000 / $50,000$100,000 / $300,000
Property Damage$25,000$50,000
Uninsured / Underinsured Motorist Coverage $25,000 / $50,000$100,000 / $300,000
Medical Payments$1,000 $5,000
Comprehensive CoverageOptional$500 deductible
Collision CoverageOptional$250 deductible

Bodily Injury Liability

Covers surgery costs for the occupants of the other automobile in the eventuality of an accident.

The minimum liability protection will pay as much as $25,000 for a single person and up to $50,000 for no less than one individual injured in the accident.

The liability policy covers damages for bodily injury and property damage for the other automobile, its occupants, and other property when the insured party is at-fault in the eventuality of an auto accident.

New Hampshire cheapest premium options for a 30 year old.Note: A 30-year-old can find quotes clustering between $1,108 and $1,213 per year—more details in the table below.

Property Damage Liability

Pays as much as $25,000 for damages to the other driver’s vehicle and personal property like a person’s home and public property like road signs, places of business, or livestock and animals.

The set amount of insurance coverage from the figures above in NH’s state is 25/50/25, which the numbers are always in thousands.

Not only does a driver have to carry minimum liability per New Hamphire’s statutes, but a driver that is purchasing liability insurance must also purchase Medical Payment Coverage with the minimum amount of $1,000.

Least expensive premium prices for a 35 year old.Note: As illustrated, we found insurers below the $1,000 per year cost for a full coverage premium.

Cheapest Car Insurance Carriers in New Hampshire

Below is a list of the least expensive auto insurance carriers for drivers from 25 to 55.

The overall cheapest are Concord, Patriot, and Progressive.

Concord consistently offers quotes from 23% to, at times, over 40% lower than the median quote from drivers in the same location.

Patriot is equally competitive, offering quotes from 20 to well over 33% for similar age drivers.

And Progressive is competitive overall, but particularly for older drivers with a clean driving record.

Depending on your location, Progressive may drop down a few notches with GEICO or Vermont Mutual offering lower quotes.

Two carriers nearly as competitive as Concord and Patriot are GEICO and Vermont Mutual.

Both GEICO and Vermont Mutual can offer quotes from 16 to 31% lower than the median rate drivers of a similar profile.

Commerce is another company to put your list to get quotes since they offer quotes from 14 to nearly 30%, depending on your driver’s history and location.

If you have gone through the six previously mentioned, then State Farm and Encompass are worth getting quotes.

Both State Farm and Encompass can offer quotes over 10% cheaper than the median rate for similar age drivers.

In the end, Concord and Patriot seem to dominate with the cheapest auto insurance quotes overall.

With the eight listed insurers, you have a blend of regional and national carriers to help you find the lowest premium possible.

New Hampshire CompanyAvg Rate 25 Y/O Driver30 Y/O Driver35 Y/O Driver40 Y/O Driver45 Y/O Driver55 Y/O Driver
Concord$1,632$1,108$900$711$590$502
Patriot $1,644$1,165$921$713$601$506
Progressive$1,650$1,159$943$714$599$506
GEICO$1,655$1,187$955$712$598$505
Vermont Mutual$1,687$1,210$965$754$603$511
Commerce$1,680$1,213$987$744$612$532
State Farm$1,702$1,243$1,008$766$614$540
Encompass$1,743$1,265$1,013$780$632$542
Allstate$1,812$1,311$1,043$800$629$568
Liberty Mutual$1,838$1,312$1,045$812$654$589
USAA$1,890$1,322$1,098$814$687$577
Nationwide$1,900$1,389$1,128$822$659$590
Hanover$1,912$1,418$1,154$856$680$587
Esurance$1,943$1,422$1,156$900$700$590
MetLife$2,021$1,440$1,167$903$703$600
21st Century$2,143$1,455$1,176$921$721$601
Amica$2,176$1,456$1,190$943$726$612
Sentry$2,255$1,687$1,209$980$765$632

Lowest auto premium prices for a 40 year old driver.Note: A 40-year old with good driving history can find cheaper quotes clustering between $711 and $754. For more details, see the rate table above.

Uninsured Motorist Protection

Also, by law, a driver has to purchase uninsured motorist protection (UM), and the amount must provide limits equal to the amount of bodily injury liability coverage.

Low-cost car premium options for a 45 year old.Note: As illustrated, a 45-year old can find a couple of quotes below the $600 per year cost for a premium.

Comprehensive & Collision Coverage

Motorists are not required to carry comprehensive or collision coverage; however, it would be a good idea to carry this coverage on your policy.

If you do not carry the optional coverage, you will need to personally fund any damage to your vehicle made necessary due to a collision with another vehicle or any other type of “non-collision” accident.

If you are in the market or up for renewal, be sure to compare three or more quotes and discuss available options and discounts with an insurance broker.

Inexpensive premium price options for a 55 year old.Note: A 55-year old driver looking to save should get quotes from all 5 carriers illustrated.

Best Insurer by Rate Change, Complaints, & Consumer Rating

Below is a list of the top car insurance carriers in New Hampshire by written premiums, rate change over a 12 to 18 month period, complaints, and consumer rating.

The rate change average is less than 2% overall.

If you get a traffic violation or file a claim, you probably will get a significant rate hike.

Which could last up to 3 years or more.

Your best option to maintain the lowest premium possible is to maintain a clean driving history and not file unnecessary claims.

The written premiums are included to coincide with complaints.

Typically, large national companies, such as Progressive and State Farm, will have more complaints; however, they have written more premiums.

There is nothing out of the ordinary for any of the insurers below.

Any carriers listed below, including the local carriers, have the financial strength to pay out a legitimate claim.

The consumer rating for each insurer is compiled from reputable online sources to get an average.

Companies, such as Allstate or State Farm, have a better consumer rating.

However, regional carriers such as Concord or Patriot can offer the potential for lower premiums though they may have lower consumer ratings.

Any other data is compiled from the Insurance Information Institute (III.org), JD Power & Associates, and AM Best.

New Hampshire CompanyWritten PremiumsRate Change # of ComplaintsConsumer Rating out of 5 Stars
GEICO$79,092,000+1.7%24.5
Concord$28,431,000+1.7%04.0
Progressive$87,873,000+1.7%34.4
Hanover$22,604,000 +1.8%14.4
Allied$43,738,000+1.8%24.3
State Farm$90,332,000+1.9%84.3
USAA$33,992,000+1.6%84.6
Allstate$66,312,000+1.9%104.3
Liberty Mutual$86,335,000+1.9%124.4
Amica$29,517,000+2.0%14.0
Encompass$34,658,000+2.0%33.9
Sentry$40,866,000+2.1%33.9
MetLife$26,476,000+2.1%63.9
Hartford$41,509,000+2.2%23.9

Average Premium by City

Location is a primary determining factor for insurers to determine the cost of your premium.

Below is a list of 27 moderately sized cities in New Hampshire.

The average premium ranges from approximately $1,100 to nearly $1,900 per year.

Which is a variance of 40% for the cost of a premium in one city to the next in New Hampshire.

If you are in the market for the cheapest car insurance, make sure to get three or more quotes to find the most savings.

If you move from one zip code to another, you may have a premium hike, or it may be lowered.

Typically, the larger populated cities are going to have higher premiums since the occurrence of auto accidents is higher.

If you would like a comparison of quotes for large cities in New Hampshire, please read further below.

CityAvg PremiumCityAvg PremiumCityAvg Premium
Amherst$1,365Franconia$1,398Londonderry$1,526
Bedford$1,322Gilford$1,247Merrimack$1,508
Bradford$1,309Hampton$1,587New London$1,437
Deerfield$1,311Hanover$1,470Ossipee$1,533
Durham$1,503Hillsboro$1,431Pelham$1,521
East Derry$1,055Hudson$1,430Portsmouth$1,482
East Hampstead$1,490Keene$1,510Salem$1,601
Enfield$1,437Laconia$1,266Somersworth$1,524
Exeter$1,643Lancaster$1,290Windham$1,297

Manchester, NH

Manchester, NH cheapest premium prices for a 30, 45, and 55 year old.

The “mean” rate of Manchester is $1,901 per year.

To find lower quotes start with Concord, Patriot, and Progressive.

We queried each at $998, $1,025, and $1,090 respectfully for a 30-year-old driver.

Concord is 50% lower than the average rate. In comparison, Patriot and Progressive are 47% lower.

For a 45-year old, the best choices are with Concord, Patriot, and Progressive.

Each quoted at $790, $803, and $816 per year for full coverage.

Which equates to $500 in savings if you bought a premium from any of the three previous.

For a 55-year old we found the quotes clustering between $547 and $645 per year.

The cheapest is Concord at $547, 40% lower than the “mean” rate.

Patriot came in at $567 while Progressive is slightly higher at $602.

Manchester Company30 Y/O45 Y/O55 Y/O
Concord$998$790$547
Patriot $1,025$803$567
GEICO$1,076$804$580
Progressive$1,090$816$602
State Farm$1,143$845$614
Vermont Mutual$1,145$879$645
Commerce$1,155$900$647
Encompass$1,189$905$640

Nashua, NH

Nashua, NH lowest auto premium quotes for a 30 and 45 year old.

To get the cheapest car insurance in Nashua, start by getting quotes from Concord, Patriot, and Vermont Mutual.

We queried each at $913, $915, and $945 for a 30-year old.

Which is 31% lower than the citywide average premium of $1,533 per year.

Or approximately $500 in monthly savings.

For a 45-year old, the best choices are with Concord, Patriot, and Vermont Mutual.

Each of them came in at $746, $766, and $812 respectfully for full coverage.

Progressive and State Farm offered low quotes and prices at $816 and $848, respectfully.

For a 55-year old, the lowest options are with Concord and Patriot. We queried each of them at $511 and $512 per year.

Which is well below the average premium for a driver of similar age.

It is recommended to get quotes from all carriers for optimum coverage and the most savings.

Nashua Company30 Y/O45 Y/O55 Y/O
Concord$913$746$511
Patriot $915$766$512
GEICO$943$802$516
Vermont Mutual$945$812$545
Progressive$989$816$569
State Farm$1,006$848$609
Commerce$1,030$869$632
Encompass$1,045$890$665

Concord, NH

Concord, NH lowest auto premium choices for a 30 and 45 year old.

If you are looking for a lower auto rate, start with Concord, Patriot, and Vermont Mutual.

We queried each at $909, $912, and $954 respectfully for a 30-year old.

Which is 22% lower than the “mean” rate of $1,389 per year.

It is over $300 in savings by getting a premium through them.

For a 45-year old, the lowest quotes came from Concord, Patriot, and Vermont Mutual.

Each quoted at $743, $755, and $809, which is 24% lower than the average premium.

Progressive and State Farm are below the average rate with quotes at $822 and $856.

For a 55-year old the best option is with Concord and Patriot.

Each queried at $502 and $509, which is $400 in savings for a driver with good driving history and decent credit.

Concord Company30 Y/O45 Y/O55 Y/O
Concord$909$743$502
Patriot $912$755$513
GEICO$919$765$509
Vermont Mutual$954$809$512
Progressive$990$822$545
State Farm$1,043$856$587
Commerce$1,045$878$605
Encompass$1,078$904$643

Derry, NH

Derry, NH inexpensive premium options for a 30 and 45 y/o.

If you are looking for the cheapest rates in Derry, start with Concord, Patriot, and Vermont Mutual.

We queried each at $940, $945, and $976, respectfully for a 30-year old.

Which is over $300 lower than the citywide average premium of $1,450 per year.

Progressive and State Farm are 26% lower than the “mean” rate with quotes at $1,009 and $1,037.

For a 45-year old driver, the cheapest options are with Concord, Patriot, and Vermont Mutual.

Each quoted at $721, $723, and $765 respectfully for full coverage.

Or more than 31% lower than the average premium in Derry.

Out of the 8 carriers we queried, the most expensive is Encompass, with a quote of $1,089 for a 30-year-old, $854 for a 45-year-old, and $656 for a 55-year-old driver.

Though Encompass is more expensive, the quotes are 14% lower than the average rate.

Derry Company30 Y/O45 Y/O55 Y/O
Concord$940$721$500
Patriot $945$723$512
GEICO$944$720$503
Vermont Mutual$976$765$539
Progressive$1,009$789$569
State Farm$1,037$809$590
Commerce$1,076$841$643
Encompass$1,089$854$656

Dover, NH

Dover, NH lowest auto premium prices for 30 and 45 y/o.

Finding affordable auto insurance can be difficult in Dover.

If you get quotes from Concord, Patriot, and Vermont Mutual, rates are 38% lower than the “mean” premium of $1,437 per year.

Concord is the cheapest at $899 for a 30-year-old driver.

Patriot is about $33 more at $932, while Vermont Mutual came in at $980 per year for full coverage.

A 45-year old driver can find the cheapest quotes with the same companies.

We queried Concord at $708, Patriot at $709, and Vermont Mutual at $754.

Which is 42% lower than the citywide average premium in Dover.

For a 55-year old driver, then the lowest quotes are with Patriot and Concord.

Both of them are less than $500 per year.

We queried Concord at $476 and Patriot at $498.

Well below the “mean” rate for residents of Dover.

Dover Company30 Y/O45 Y/O Driver55 Y/O
Concord$899$708$476
Patriot $932$709$498
GEICO$921$711$499
Vermont Mutual$980$754$540
Progressive$1,012$779$570
State Farm$1,054$800$598
Commerce$1,089$839$608
Encompass$1,128$863$665

Rochester, NH

Rochester, NH cheapest premium options for 30 and 45 y/o.

Finding a cheap premium in Rochester is easy if you get quotes from Concord, Patriot, and Vermont Mutual.

We queried each at $890, $940, and $987, respectfully for a 30-year old.

Which is over 40% lower than the “mean” rate of $1,601.

State Farm and Progressive are 35% lower with quotes at $1,087 and $1,026, respectfully.

For a 45-year old, we found quotes clustering between $700 and $812.

The least expensive is Concord at $700, followed by Patriot at $718, then Vermont Mutual at $776.

All three are 49% lower than the citywide average premium with more than $400 in savings.

For a 55-year-old driver, the least expensive carrier is Concord.

Which we queried at $490 per year for full coverage.

It would be wise to get quotes from all insurers illustrated to find optimum coverage with maximum savings.

Rochester Company30 Y/O45 Y/O55 Y/O
Concord$890$700$490
GEICO$926$704$500
Patriot $940$718$504
Vermont Mutual$987$776$565
Progressive$1,026$789$555
State Farm$1,087$812$589
Commerce$1,143$847$614
Encompass$1,165$889$658

Resources & DMV Information

Department of InsuranceDepartment of TransportationMotor Vehicle Commission
21 S Fruit St #14, Concord, NH 03301
(603) 271-2261
7 Hazen Drive, Concord, NH 03301
(603) 352-2302
23 Hazen Drive, Concord, NH 03305
(603) 227-4000
WebsiteWebsiteWebsite

Final Thoughts

At AutoInsureSavings, we want to be sure you get the lowest priced auto insurance quote while maintaining equal or more coverage.

Using our comparison tool at the top of the page, you can get quotes from top insurance companies to ensure you have the policy that meets your driving requirements.

Sources

https://www.nh.gov/insurance/consumers

https://www.nh.gov/insurance/

https://www.nh.gov/insurance/

https://www.iii.org/publications/a-firm-foundation-how-insurance-supports-the-economy/state-fact-sheets/new-hampshire-firm-foundation

https://www.iii.org/main-responsive/coverage-questions

http://www.naic.org/cipr_topics

https://www.nationwide.com/new-hampshire-auto-insurance.jsp

https://www.statefarm.com/

Greg Fowler

Greg Fowler

Managing Member of AutoInsureSavings LLC, Greg has been in the insurance industry for 12 years and enjoys rebuilding vehicles. His goal is to help drivers save on anything related to automobiles. Travel and enjoying the outdoors are some of his hobbies. The best way to reach him is at his Twitter or Facebook Profile.

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