Auto Insurance In New Hampshire

New Hampshire law does not require you to have automobile insurance. However, if you have an “at fault” accident without having insurance coverage, you will be required to post a bond or cash equal to the amount of damage you caused in that accident. You must also satisfy the NH Financial Responsibility requirements to continue to operate a vehicle in New Hampshire.

These minimum limits are 25/50/25--
(Bodily Injury $25,000 per person; $50,000, 2 or more persons; and Property Damage $25,000). A $75,000 single limit policy will also satisfy the minimum requirement.

Other coverages that are mandatory, should you choose to purchase automobile insurance in the State of New Hampshire, are Medical Payments and Uninsured Motorists coverage.

MEDICAL PAYMENTS -- provide coverage for you and any relative who is a member of your household, for medical expenses arising from an automobile accident. In some cases, coverage is provided for non-relatives who are passengers in your vehicle. Medical Payments coverage pays for medical expenses for you and any passengers in your vehicle.You must purchase at least $5,000 of Medical Payments coverage.

UNINSURED MOTORISTS COVERAGE -- provides protection to you and your family members for injuries that result from an accident with an uninsured or hit and run, legally liable motorist.  It also provides protection to you against motorists that are insured, but have purchased limits less than your own. In New Hampshire, Uninsured Motorists Coverage must be equal to the limit of Liability coverage purchased.

New Hampshire has a "comparative negligence" law. That means that more than one person can be at fault in an accident. Under this law, you can only collect for damages from the other driver’s insurance company if you are 50% or less at fault for the accident. The settlement can then be reduced by the percentage you were at fault.

For example, if the other driver is 80% at fault and you are 20% at fault, you can collect for your damages because you were less than 50% at fault. On the other hand, the other driver's insurance company might offer to pay for only 80% of your damages because you were 20% at fault. You can always collect for damages to your vehicle from your insurance company if you have the appropriate coverage.

Residency Requirement
Since 1993, all new policies and renewals will require the signature of the insured
attesting to the fact that the policyholder is a resident of the State of New Hampshire. The law further requires all insureds to notify the insurance company when he or she moves and is no longer a resident of this State.
Failure to sign the residency document can result in the cancellation of the policy. False claims in that statement carry a fine of $2,000 and up to one year imprisonment.