How Much are Car Insurance Quotes for College Students in New Hampshire?

The words “bargain” and “insurance” probably shouldn’t be used in the same sentence, especially when looking for the cheapest auto insurance for college students. Because it’s so expensive, let’s introduce you to a few of the things the can have a considerable influence on auto insurance rates, and find some ways to take the sting out of the next policy you buy.

When buying insurance for students in college, one of the key things that insurance companies take into consideration when calculating the annual cost of car insurance is the neighborhood you call home in New Hampshire. Areas that are densely populated or have higher claim frequency like Manchester, Pinardville, and Derry tend to pay higher rates, whereas areas with lower vehicle theft rates and fewer weather claims tend to receive slightly lower rates.

The information below ranks the higher priced cities in New Hampshire for college students to buy an auto insurance policy in.

Annual rates are comparative as the garaging address in New Hampshire can modify coverage rates noticeably.

The make and model of vehicle on the policy is probably the biggest factor when quoting cheap car insurance for college students in New Hampshire. Vehicles with high performance, poor safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more modest models.

The data below estimates auto insurance rates for a handful of the most affordable automobiles to insure in New Hampshire.

Table data represents single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include claim-free, and safe-driver. Information does not factor in your specific New Hampshire location which can decrease or increase premiums significantly.

Looking at the data, you can conclude that makes and models like the Ford Escape, Honda CR-V, and Chevrolet Traverse should be a few of the less-costly vehicles to insure for students in college. The price of auto insurance will tend to be more expensive because there is more claim exposure for college students, but generally speaking those specific models will probably have the best insurance prices compared to other vehicles.

New Hampshire insurance company ratings

Choosing the best car insurance company can be difficult considering how many companies sell insurance in New Hampshire. The company rank data in the next section could help you choose which car insurance providers you want to consider when trying to find the cheapest insurance for college students.

The rankings below are only comprised of companies that write coverage in many states, so smaller companies are not factored into these rankings. To get price quotes from these companies and more, click this link.

Top 10 Major Auto Insurers in New Hampshire Ranked by Claims Service

1. Progressive
2. USAA
3. Liberty Mutual
4. GEICO
5. State Farm
6. Nationwide
7. Allstate
8. The General
9. 21st Century
10. The Hartford

Types of discounts on New Hampshire insurance rates

Insurance companies that offer cheap car insurance for college students in New Hampshire could also offer policy discounts that can reduce rates by 30% or more if you meet eligibility requirements. A few popular companies and a selection of discounts can be found below.

• American Family discounts include good driver, defensive driver, accident-free, Steer into Savings, multi-vehicle, and air bags.
• Farm Bureau has savings for good student, renewal discount, youthful driver, multi-policy, safe driver, and driver training.
• State Farm policyholders can earn discounts including Drive Safe & Save, defensive driving training, safe vehicle, student away at school, accident-free, and good student.
• Travelers has discounts for multi-car, multi-policy, student away at school, hybrid/electric vehicle, save driver, and good student.
• The Hartford may offer discounts for air bag, bundle, good student, defensive driver, vehicle fuel type, and anti-theft.
• GEICO may include discounts for air bags, seat belt use, five-year accident-free, military active duty, membership and employees, defensive driver, and good student.
• Progressive may have discounts that include multi-vehicle, good student, multi-policy, online signing, and continuous coverage.

The diagram below shows the comparison of insurance costs with and without discounts applied. The price estimates are based on a female driver, no violations or accidents, New Hampshire state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with vehicle safety, passive restraint, anti-theft, paid-in-full, paperless filing, and good student discounts applied. When these discounts are applied to the policy premium, the average savings per year on insurance for college students is 21% or $226.

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Find cheap car insurance for college students in New Hampshire

The list below shows a few money-saving ideas that can help New Hampshire drivers get cheaper car insurance.

• Assess whether full coverage is needed
• Drivers with good credit ratings often pay less
• Lower rates by purchasing a safer vehicle
• Prevent rate increases by staying accident-free
• Bundle home or renters insurance to earn a discount on car insurance
• Compare rates once a year for cheaper prices

The last item on the list is notably crucial, as was discussed in this piece. Car insurance rates vary considerably, so you should be ready to buy a policy from a new company if you can find a cheaper rate.

Being loyal to a particular company is commendable, but is isn’t recommended if it’s costing you a considerable chunk of change every month. Now is a great time to compare rates and find cheaper auto insurance for college students.