New Hampshire Auto Insurance Review

Here’s something fascinating about auto insurance in New Hampshire: It’s not legally required. If you have the money to cover any damages you might incur, you don’t need to pay for insurance. Unfortunately, the minimum requirement that New Hampshire demands for you to not have insurance is $150,000 in the bank. If you don’t have that, go ahead and type your ZIP code into our FREE auto insurance quote finder to get connected to some great insurance providers in the state.

If the New Hampshire Insurance Company pops up in your results, here’s everything that you need to know about the company and about insurance in New Hampshire.

Skipping Insurance?

If you want to skip insurance, that $150,000 is divided up like this:

$25,000 for Injury Liability per Person

$50,000 for Injury Liability per Accident

$25,000 for Property Damage

$1,000 for Medical Payments

$50,000 for Uninsured Motorist Coverage

New Hampshire is one of the most free and libertarian states in the country, and this “Cover yourself” approach to car insurance is innovative, but ultimately, only a realistic option for people who have about a quarter million in the bank. Even if you have $150 thousand in savings, you don’t want to see that disappear in the blink of an eye in an accident.

A Look at the New Hampshire Insurance Company

The New Hampshire Insurance Company is a fire and casualty company located in New Hampshire. They are considered financially stable and reliable with assets of $4.5 million, capital of $5.3 million and a net surplus of $1.6 million. This means that if security is a concern for you, and you live in the state of New Hampshire, then you could do a lot worse than the New Hampshire Insurance Company when it comes time to purchase a policy.

Interestingly, New Hampshire Auto Insurance doesn’t just provide basic vehicle coverage, but business, boat, health, home, and even airplane insurance, as well.

If you are an amateur pilot, you might want to look into what sort of policies, products and services New Hampshire has for you.

Other Locations

Interestingly, the New Hampshire Insurance Company isn’t only licensed in New Hampshire. You can also find the companyselling insurance in Chicago, Illinois. This may be surprising, but it stands to reason that the New Hampshire based company would retain their original name even as they expand into other states. The paperwork and red tape involved in a name change, not to mention the loss of their market position, would make the effort hardly worth the trouble.

In any event, if you want to get some great insurance, and if you don’t have a quarter million in the bank, then New Hampshire isn’t one of the worst companies out there. In fact, they provide some great insurance products and good customer service according to most user reviews.

Be that as it may, it’s always better to do your research, compare quotes, and find the very best insurance company for your needs whether you have a great insurance company in mind or not. Make sure to take the time to type your ZIP code into our FREE search engine and see what comes up, and then go ahead and buy the insurance that you need to stay safe on the road.