Cheapest Car Insurance for 19 Year Olds in New Hampshire

The words “cheap” and “insurance” really shouldn’t be used in the same sentence, especially when you are shopping around for the best car insurance rates for 19 year olds. To help control this cost, let’s learn about a few of the things that influence car insurance rates, and find some ways to reduce the price of your next policy.

The vehicle on the policy is a large consideration that determines whether or not you find the cheapest car insurance for 19 year olds in New Hampshire. Vehicles with high performance features, poor safety ratings, or a high likelihood of having liability claims will cost more to insure than more modest models.

The tables below presents insurance costs for a handful of the most cost-effective automobiles to buy coverage for.

Data variables include single male driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in specific garaging location which can impact insurance rates significantly.

Table data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific garaging location which can revise coverage rates significantly.

Premium data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can revise coverage prices significantly.

One of the key considerations that is looked at to help calculate the policy price is where you live in New Hampshire. Areas that are more densely populated like Manchester, Pinardville, and Hampton are more likely to have higher rates, whereas areas that are not as densely populated generally benefit from lower auto insurance rates.

The information below illustrates the highest-priced areas in New Hampshire for 19 year olds in which to purchase auto insurance.

Prices are comparative as specific New Hampshire garaging address can impact coverage prices significantly.

Deciding which company offers the cheapest insurance rates for 19 year olds takes a tad more effort in order to find the most economical policy. Every auto insurer has a proprietary method to set policy rates, so to begin we’ll rank the insurance companies with the overall best prices in New Hampshire.

It’s a good idea to be aware that New Hampshire insurance rates are impacted by many things which can substantially decrease or increase the cost of a policy. Getting older, adding a teenager to your policy, or having an accident can produce rate changes that can cause some rates to be affordable when they were higher priced.

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Travelers may have some of the best car insurance rates in New Hampshire at around $695 a year. Concord, Patriot, USAA, and Vermont Mutual would also be considered some of the best New Hampshire insurance companies.

In the above example, if you currently have coverage with Patriot and switched to Travelers, you might realize annual savings of approxmiately $101. New Hampshire drivers with USAA might save as much as $150 a year, and Vermont Mutual customers might reduce prices by as much as $169 a year.

To find out how much you can save, click here to start your custom quote or visit several of the following companies.

Understand that those policy prices are averages across all insureds and vehicles and do not factor in a price increase for 19 year olds. So the car insurance company that fits your situation best may not even be in the above list. That underscores the importance of why you need to get car insurance quotes using your own personalized driver profile and vehicle information.

Best insurance in New Hampshire

Selecting the top auto insurance company can be a challenge considering how many different companies insure vehicles in New Hampshire. The ranking information shown next could help you decide which coverage providers to look at when shopping insurance around for 19 year olds. These ratings include companies with a national presence, so companies with more of a regional focus will not be included in the list.

How much more does full coverage cost in New Hampshire?

Finding the cheapest car insurance for 19 year olds in New Hampshire is the goal of most drivers, and one easy way to find cheaper insurance is to buy liability only. The illustration below visualizes the comparison of premium costs with full coverage compared to only the New Hampshire minimum liability coverage. The price estimates are based on no tickets, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are applied.

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As an average for all age groups, physical damage coverage costs $1,127 per year over having just liability coverage. That proposes the question if physical damage coverage is worth the money. There is no definitive formula to eliminate physical damage insurance, but there is a general school of thought. If the annual cost of coverage is more than 10% of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your vehicle’s settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after paying your policy deductible. If it’s costing you more than $400 a year for full coverage, then it might be time to buy liability only.