New Hampshire Minimum Insurance Requirements

State Minimum Requirements for Auto Insurance in New Hampshire

New Hampshire, known for its rugged landscapes and independent spirit, takes a unique approach to auto insurance. Unlike most states, it does not mandate drivers to carry auto insurance. However, there are important considerations for those who choose to drive without insurance.

Liability Coverage:
- If you cause an accident, you remain liable for any damages. Therefore, it’s crucial to have liability coverage to protect yourself financially.
- The minimum liability coverage in New Hampshire is 25/50/25:
  - $25,000 for bodily injury per person.
  - $50,000 for bodily injury per accident (if multiple people are injured).
  - $25,000 for property damage per accident.
Medical Payments:
- New Hampshire requires $1,000 in medical payments coverage per person. This helps cover medical expenses resulting from an accident.
Uninsured/Underinsured Motorist Coverage:
- Even though insurance is not mandatory, having this coverage is advisable. It protects you if you’re harmed by an uninsured or underinsured driver.
Financial Responsibility:
- If you choose not to carry insurance, you must demonstrate financial responsibility. In case of an accident, you’ll be responsible for damages and injury payments.
Lenders and Leasing Companies:
- If you finance or lease a vehicle, lenders or leasing companies may require physical damage coverage (often referred to as “full coverage”) to protect the vehicle against collisions or other damage.

Local Insurance Agents in New Hampshire:

Mike Testa - State Farm Insurance Agent
- Address: 101 Court St, Laconia, NH 03246
- Phone: (603) 524-7733
- Visit Website
Jennifer Stevens: Allstate Insurance
- Address: 169 Dw Hwy, Unit 13, Meredith, NH 03253
- Phone: (603) 279-7023
- Visit Website
Barton Insurance Agency, Inc.
- Address: 52 Main St, New London, NH 03257
- Phone: (603) 526-6991
- Visit Website
Universal Insurance Group
- Address: 11161 New Hampshire Ave Ste 400, Silver Spring, MD 20904
- Phone: (301) 360-4560
- Visit Website

Remember, while New Hampshire doesn’t require auto insurance, having coverage is advisable to mitigate financial and legal risks. Consult with a local agent to find the best policy for your needs.

New Hampshire is a unique state when it comes to auto insurance. Unlike most other states, New Hampshire does not require drivers to carry auto insurance, as long as they can prove that they have enough financial resources to pay for any damages or injuries they cause in an accident . However, this does not mean that driving without insurance is a good idea. In fact, there are many benefits to having auto insurance in New Hampshire, such as protecting yourself from lawsuits, covering your own medical expenses, and avoiding fines and penalties.

If you do decide to buy auto insurance in New Hampshire, you should know the minimum requirements and the different types of policies available. You should also compare local rates from different insurance companies to find the best deal for your needs. Here are some of the key points you need to know about auto insurance in New Hampshire:

- Minimum requirements: If you choose to buy auto insurance in New Hampshire, you must have at least the following amounts of coverage :

- Bodily injury liability: $25,000 per person and $50,000 per accident. This covers the medical expenses of other people who are injured by your fault in an accident.

- Property damage liability: $25,000 per accident. This covers the repair or replacement costs of other people's property that is damaged by your fault in an accident.

- Medical payments: $1,000 per person. This covers your own medical expenses regardless of who is at fault in an accident.

- Uninsured/underinsured motorist: $25,000 per person and $50,000 per accident. This covers your medical expenses if you are injured by a driver who has no insurance or not enough insurance to pay for your damages.

- Types of policies: Besides the minimum requirements, you can also buy additional coverage to protect yourself and your vehicle more comprehensively. Some of the common types of policies available in New Hampshire are :

- Collision: This covers the repair or replacement costs of your own vehicle if it is damaged by a collision with another vehicle or object.

- Comprehensive: This covers the repair or replacement costs of your own vehicle if it is damaged by something other than a collision, such as fire, theft, vandalism, or natural disasters.

- Rental reimbursement: This covers the cost of renting a car while your own vehicle is being repaired after a covered claim.

- Towing and labor: This covers the cost of towing your vehicle to a repair shop or providing roadside assistance if your vehicle breaks down.

- Gap: This covers the difference between the actual cash value of your vehicle and the amount you owe on your loan or lease if your vehicle is totaled in a covered claim.

- Local rates: The cost of auto insurance in New Hampshire varies depending on many factors, such as your age, gender, driving history, credit score, vehicle type, location, and coverage options. You should shop around and compare quotes from different insurance companies to find the best rate for your situation. According to The Zebra, the average annual premium for auto insurance in New Hampshire is $1,156, which is lower than the national average of $1,548. However, your individual rate may be higher or lower depending on your circumstances.

In conclusion, auto insurance is not mandatory in New Hampshire, but it is highly recommended for drivers who want to protect themselves from financial and legal risks. If you do buy auto insurance in New Hampshire, you should know the minimum requirements and the different types of policies available. You should also compare local rates from different insurance companies to find the best deal for your needs.

Page updated

Google Sites

Report abuse