New Hampshire is one of the cheapest places to purchase car insurance, as drivers are typically able to save up to $375 a year. This is due to the fact that the state has a small population, and the average cost of car insurance is much lower. However, drivers still need to make sure they get adequate coverage.

Car insurance companies in New Hampshire take many factors into consideration when calculating rates. One of the key factors is age. Younger drivers are viewed as higher risk because they have less experience on the road, and are more likely to make mistakes. As a result, they are more likely to be involved in an accident, and need to pay higher premiums.

Another factor that can affect rates is the car model. Certain models of cars are more expensive to insure, including sports cars and luxury vehicles. These models tend to have higher replacement values and cost more to repair. Choosing a low-value vehicle allows you to keep your costs down. But you should still consider purchasing comprehensive and collision coverage. You can also get a discount if you’re a good driver.

Rates can also be influenced by the city where you live. Different areas within the same city will have different rates of theft, vandalism, and accidents. In some cases, you can also qualify for discounts if you’re a homeowner, a student, or a veteran.

The minimum auto insurance requirements in New Hampshire are $25,000 per person for bodily injury and property damage, and $1000 per accident for medical payments. These limits are in addition to the liability insurance that you need to carry on your own vehicle. Although these limits may be lower than what you’d like, they are necessary, and can ensure you are protected in the event of an accident.

Aside from the state’s minimum requirements, drivers can also choose to purchase comprehensive and collision coverage. Comprehensive coverage protects you from non-collision damages, such as theft and vandalism. Collision coverage can be an extra expense, but can save you a lot of time and hassle if you’re involved in an accident.

Some of the best auto insurance companies in New Hampshire include Progressive, GEICO, and State Farm. They all have a range of different discounts that you can use to help offset the cost of car insurance.

Other factors that affect the cost of your coverage include claims history and the amount of insurance you need. Most people opt for more than the required amount, but you can often save money by going with a lower limit. If you have a lot of assets or are driving a high-value vehicle, you might want to go for higher limits.

Finally, it’s important to remember that your driving history can have an impact on the cost of your insurance. Drivers who are convicted of a DUI will pay more than those with a clean record. Similarly, drivers who are convicted of multiple DWIs will need to provide proof of insurance for a longer period of time.