When you’re shopping for car insurance in New Hampshire, you need to know your coverage requirements. The state requires drivers to carry bodily injury liability, property damage liability, and uninsured/underinsured motorist insurance. Depending on your individual needs, you may also want to add collision and comprehensive coverage to your policy. You can determine what you need by calculating your minimum auto insurance requirements. Generally, drivers need at least $25,000 of bodily injury liability coverage per person and $50,000 of damage liability coverage per crash.
Rates for young drivers
New Hampshire car insurance companies consider many factors when determining your rates. Age is one of the most important factors, as is the type of coverage you choose. Young drivers have a higher risk of accidents than older drivers, and as a result, their premiums are typically higher. However, it is possible to find cheap car insurance for young people. Geico has the lowest rates of all insurance companies for young people, with rates that are 72% lower than the average.
A lower credit score is another factor that can increase your rates. Having a poor credit score flags you as a high risk, and insurers tend to charge higher rates. Also, the type of vehicle you drive will determine your rates. Make, model, age, and mileage are all factors that will affect your rates. You should also consider the deductible amount, as it can result in lower rates but higher out-of-pocket costs.
Rates for drivers with a DUI
If you have a DUI, you may have trouble finding affordable car insurance in New Hampshire. Many companies have strict policies, and you may have to undergo an interlock device and attend an impaired driver intervention program before your insurance will be valid. You should also look for car insurance quotes from other companies before deciding on a policy. The best companies often offer discounts for people with DUIs. This may make it easier for you to find a policy that suits your needs and budget.
New Hampshire car insurance rates for drivers with DUIs vary, but the average is around $1,373 per year for minimum coverage. The most expensive company is Allstate, which charges $2,395 per year.
Rates for high-risk drivers
High-risk auto insurance in New Hampshire costs about $571 more per year than the average policy. These drivers usually have multiple traffic violations and serious accidents. Their high rates are based on the fact that they are statistically more likely to cost insurers more money. While many insurers will refuse to cover high-risk drivers, others specialize in these types of coverage.
There are several factors that influence the cost of high-risk auto insurance in New Hampshire. First of all, the type of vehicle you drive is a major factor. Second, the company you purchase your insurance from will also impact the cost. Third, since every state calculates rate differently, the price for the same coverage can vary greatly.
Rates for drivers with poor credit
The average annual rate for a driver in New Hampshire is $940. However, there are many factors that affect the cost of car insurance. For example, if the driver has poor credit and a poor driving record, the average rate will be higher than for a driver with excellent credit. Luckily, there are several ways to compare rates in New Hampshire and find the best deal for your situation.
First of all, make sure to have a clean driving record. Having an accident or violating the law can drive up the price of your auto insurance premiums by hundreds of dollars. Also, make sure to shop around for quotes before deciding on a policy. Car insurance in New Hampshire is not legally mandated, but it is highly recommended.