Cheap Car Insurance in New Hampshire

As a resident of New Hampshire, you live in one of just a handful of states that does not require residents to purchase automobile insurance. At least, the Granite State does not require its good drivers to purchase automobile insurance. However, if you finance your vehicle, your lender will likely require that you purchase insurance in order to protect their loan.

While New Hampshire is rather lenient compared to most states by making car insurance optional, the state’s generosity does have its limits. For example, if you have a DUI (Driving Under the Influence) or a DWI (Driving While Intoxicated) conviction, you will be required to purchase automobile insurance for three years. A second such offense and you will be required to purchase automobile insurance for five years.

New Hampshire has also initiated a policy of “points” which may be accumulated by each driver: too many points (based on an age formula) and you will be required to purchase automobile insurance. Negative points can be accumulated on your driving record for such things as speeding, not stopping at a stop sign, failure to follow the orders of a police officer, driving on a sidewalk, and so on.

If you have to purchase car insurance, there are several steps you can take to help keep your monthly premiums down.

First, always drive safely and abide by the laws. Tickets for speeding, or any DUI or DWI conviction, will send your insurance rates through the roof.

Young drivers are considered a special risk and their premiums generally reflect that. However, young drivers who remain in school through age 25 and maintain at least a “B” grade point average qualify for a discount with many insurance companies.

Similarly, drivers 55 and over can often qualify for a discount on their monthly premium if they take and pass a special driver’s refresher course. Not all insurance companies offer such a program for older drivers, so check with your company to see if you qualify.

One of the quickest ways of lowering your monthly insurance premium is to increase the deductible on your policy. When you increase your deductible, you are agreeing to pay a larger portion of the cost to repair your vehicle if there should be a claim. If you agree to pay a larger part of the repair costs associated with a claim, your insurance company will reduce your monthly premium payment.

So now that you have the facts, it’s time for you to start comparing policies from different insurance companies online until you find the right policy for the best price. If you take the extra time to compare policies and rates, you will feel more confident about the policy you choose. You can start your fast and free search for cheap car insurance at at the top of this page.