New Hampshire Auto Insurance Guide

Auto insurance in New Hampshire is the best way to go. There is a law in New Hampshire that allows you the option to have auto insurance or to have the finances that can pay for any damages you may cause with your motor vehicle. This law is called the Financial Responsibility Law. While it is good to have options, it is better to know without a doubt that you are covered. This without doubt coverage can be provided by auto insurance. Auto insurance laws are created to protect you and other drivers from financial stress caused by auto accidents. In New Hampshire, you can satisfy the Financial Responsibility Law by getting the required auto insurance coverage. This is by far the easiest way to satisfy the law.

New Hampshire Insurance Regulations

You can meet the New Hampshire auto insurance requirements by getting the Bodily Injury Liability with a limit of at least $25,000 per injured person and at least a total of $50,000 per accident. You should also get Property Damage Liability coverage that has at least a minimum of $25,000. This coverage is the absolute minimum coverage you can get, however you may want to get more coverage in various categories. You will often times hear this coverage referred to as 25/50/25 insurance coverage. It is a very basic coverage and you should definitely do your research so that you are certain you are choosing the correct amount of auto insurance coverage that is right for you.

Mandatory Minimum Coverage in New Hampshire

The state of New Hampshire does have minimum auto insurance coverage that is required by all persons who decide to fulfill the Financial Responsibility Law by getting car insurance rather than showing proof of financial ability to pay for any damages caused by their auto. The Bodily Injury Liability mandatory minimum is $25,000/ $50,000. The mandatory minimum coverage for Property Damage Liability is $25,000. Uninsured/Underinsured Motorist Bodily Injury mandatory minimum coverage is $25,000/ $50,000. Even after you meet all of these mandatory auto insurance minimums, you will still have to get at least $1,000 in insurance to cover medical payments.

Motorcycle Coverage Requirements in New Hampshire

The state of New Hampshire requires Compulsory Liability coverage for motorcycles. This means you have to have at least the minimum of coverage. You have to have $25,000 for Bodily Injury Liability, $50,000 worth of coverage for every accident and $25,000 for Property Damage Liability. Also anyone under 18 years of age will be required to show proof of the required insurance when they are applying for their driver's license.

New Hampshire Auto Insurance Advice

There isn't a compulsory auto insurance liability law in New Hampshire. This means you do not necessarily have to have auto insurance. However, if you were to cause any harm or damage with your auto, you will be held financially responsible for any damage you may cause to yourself, another person or their property. Even though it may seem easier to not get auto insurance and just deal with it as it comes along it is better to go with the financial coverage auto insurance can give you.