auto insurance in new hampshire

A Comprehensive Guide to Auto Insurance in New Hampshire

Introduction

Greetings, readers! Welcome to our comprehensive guide to auto insurance in New Hampshire. Are you wondering how to navigate the complexities of car insurance in the Granite State? Look no further! We’ve gathered everything you need to know to protect yourself and your vehicle on the road.

In this article, we’ll cover the ins and outs of auto insurance in New Hampshire, from the different types of coverage available to the latest laws and regulations. Whether you’re a new driver or a seasoned veteran behind the wheel, this guide is your go-to resource for all things auto insurance in New Hampshire.

Understanding Auto Insurance in New Hampshire

Types of Auto Insurance Coverage

When it comes to auto insurance in New Hampshire, you have several types of coverage to choose from:

• Liability insurance: This coverage protects you if you cause an accident resulting in damage to other people or their property.
• Collision insurance: This coverage covers damage to your own vehicle caused by a collision with another object, such as another car or a tree.
• Comprehensive insurance: This coverage provides protection against non-collision-related events, such as theft, vandalism, and natural disasters.
• Uninsured/underinsured motorist coverage: This coverage protects you if you are involved in an accident with a driver who doesn’t have insurance or doesn’t have enough insurance to cover your damages.
• Personal injury protection (PIP): This coverage pays for medical expenses and lost wages if you or your passengers are injured in an accident, regardless of who caused the accident.

New Hampshire’s Minimum Auto Insurance Requirements

New Hampshire has minimum auto insurance requirements that all drivers must meet. These requirements include:

• Liability insurance: $25,000 per person/$50,000 per accident bodily injury liability coverage and $25,000 property damage liability coverage.
• Uninsured/underinsured motorist coverage: $25,000 per person/$50,000 per accident.
• PIP: $250,000 per person.

Finding Affordable Auto Insurance in New Hampshire

Comparing Auto Insurance Quotes

The best way to find affordable auto insurance in New Hampshire is to compare quotes from multiple insurance companies. You can do this by visiting online comparison websites or contacting insurance companies directly. Be sure to compare apples to apples by getting quotes for the same types and levels of coverage.

Discounts and Savings

Many insurance companies offer discounts and savings for things like:

• Good driving history
• Multiple cars on the policy
• Safety features on your vehicle
• Taking a defensive driving course

By taking advantage of these discounts, you can significantly reduce the cost of your auto insurance.

Understanding Your Auto Insurance Policy

Reading Your Policy Declaration Page

Your policy declaration page is a summary of your auto insurance policy. It includes important information such as:

• Your policy number
• Your coverage limits
• Your deductible
• Your premium

It’s essential to review your policy declaration page carefully to understand what your policy covers and how much you’ll pay if you need to file a claim.

Filing a Claim

If you’re ever involved in an accident, it’s important to file a claim with your insurance company as soon as possible. The claims process can vary depending on the insurance company, but it typically involves the following steps:

• Reporting the accident to your insurance company
• Providing documentation of the accident
• Getting your vehicle inspected by an insurance adjuster
• Negotiating a settlement with the insurance company

Additional Resources for Auto Insurance in New Hampshire

New Hampshire Insurance Department

The New Hampshire Insurance Department regulates the insurance industry in the state. They can provide you with information about auto insurance laws and regulations.

Independent Insurance Agents

Independent insurance agents can help you compare quotes from multiple insurance companies and find the best policy for your needs.

Conclusion

Auto insurance in New Hampshire is essential for protecting yourself and your vehicle on the road. By understanding the different types of coverage available, comparing quotes from multiple insurance companies, and taking advantage of discounts and savings, you can find affordable auto insurance that meets your needs. We hope this guide has been helpful!

For more information on auto insurance in New Hampshire, please visit the following resources:

• New Hampshire Insurance Department
• Independent Insurance Agents of New Hampshire

FAQ about Auto Insurance in New Hampshire.

What is the minimum amount of car insurance required in New Hampshire?

New Hampshire is a tort state, so drivers are only required to carry liability insurance. The minimum coverage limits are as follows:

• Bodily injury liability: $25,000 per person and $50,000 per accident.
• Property damage liability: $25,000 per accident.

What are the penalties for driving without insurance in New Hampshire?

Driving without insurance in New Hampshire is a misdemeanor offense. Penalties include:

• Fines: Up to $1,000 for a first offense, and up to $2,000 for subsequent offenses.
• License suspension: Your license can be suspended for up to one year.
• SR-22: You may be required to file an SR-22 form with the DMV, which will prove that you have maintained continuous insurance coverage for three years.

What is an SR-22?

An SR-22 is a form that shows that you have maintained continuous car insurance coverage for three years. It is typically required by the DMV after you have been convicted of a serious traffic violation, such as driving without insurance or driving under the influence.

What is uninsured motorist coverage?

Uninsured motorist coverage protects you if you are in an accident with a driver who does not have insurance. It can cover your medical expenses, lost wages, and pain and suffering.

What is underinsured motorist coverage?

Underinsured motorist coverage protects you if you are in an accident with a driver who has inadequate insurance coverage. It can cover your medical expenses, lost wages, and pain and suffering that are not covered by the other driver’s insurance policy.

What is a deductible?

A deductible is the amount of money that you have to pay out of pocket before your insurance coverage kicks in. The higher your deductible, the lower your insurance premiums will be.

What is the difference between collision and comprehensive coverage?

Collision coverage pays for damage to your car if you are in an accident with another vehicle. Comprehensive coverage pays for damage to your car from other causes, such as theft, vandalism, or natural disasters.

What are the factors that affect my insurance rates?

The following factors can affect your insurance rates:

• Age: Younger drivers typically pay higher rates than older drivers.
• Gender: In some states, men pay higher rates than women.
• Driving history: Drivers with a clean driving record typically pay lower rates than drivers with accidents or traffic violations.
• Vehicle: The make, model, and year of your car can affect your rates.
• Location: Drivers who live in areas with high crime rates or high traffic congestion typically pay higher rates than drivers who live in rural areas.

How can I lower my insurance rates?

There are a number of things that you can do to lower your insurance rates, including:

• Shop around: Compare quotes from different insurance companies to find the best deal.
• Raise your deductible: The higher your deductible, the lower your premiums will be.
• Take a defensive driving course: Many insurance companies offer discounts to drivers who have completed a defensive driving course.
• Maintain a good driving record: Drivers with a clean driving record typically pay lower rates than drivers with accidents or traffic violations.
• Bundle your policies: If you have other insurance policies, such as homeowners or renters insurance, you may be able to get a discount if you bundle them with your car insurance.