Accidents sometimes happen, even to the most experienced drivers. Whether you are involved in a fender-bender on Route 4 or a serious collision on Interstate 89, if you have a good auto insurance policy, it can prevent you from facing a large financial loss as a result.
Finding the best and most affordable car insurance is easy when you work with an independent agent. These agents can help you obtain and compare customized car insurance quotes from a variety of top-rated insurance providers. Contact an independent insurance agent near you to learn more.
Is Car Insurance Required in Lebanon, NH?
New Hampshire is unusual in that this state does not require drivers to carry car insurance unless they have been convicted of any of the following violations:
- Driving while under the influence of drugs or alcohol
- Causing a hit and run accident
- Intentionally hurting or killing someone with their vehicle
- Receiving a second ticket for a moving violation like speeding or not obeying traffic signals
Also, if you are responsible for a collision while uninsured, you will be required to have car insurance for the next three years.
Many people in Lebanon who are not required to have car insurance choose to carry it anyway because of the money-saving benefits it can offer if you are in a collision or if your new vehicle is damaged by outside forces like wind or hail.
How Much Does Car Insurance Cost in Lebanon, NH?
The average cost of car insurance in New Hampshire is lower than the national average.
- National average annual car insurance cost: $1,311
- New Hampshire average annual car insurance cost: $905
Averages can only give you a general idea of what you might actually be expected to pay. Car insurance costs can vary from one driver to the next because they are based on several specific factors.
Your quoted price can be influenced by considerations like:
- The make, model, and year of the vehicle(s) you are insuring
- Whether you own or rent your home
- Your age, occupation, and marital status
- Your driving record and the driving records of other licensed drivers in your household
- The amount of liability coverage you are purchasing
- The coverage options you are including in your policy
- The size of your deductible
You can frequently get rate reductions if you bundle your car insurance with other policies like home insurance or renters insurance. Many insurance companies also offer other incentives like good-student discounts, safe-driver discounts, and low-mileage discounts.
Independent insurance agents can make sure that you get any discounts for which you qualify and can simplify the process of comparison shopping by obtaining customized quotes on your behalf.
What Are the Minimum Car Insurance Requirements in New Hampshire?
As stated earlier, car insurance is not required for most drivers in New Hampshire. However, if you do have a policy, it must include:
- Liability insurance: This covers other people’s injuries or property damage if you are responsible for a collision.
- Medical payments insurance (“MedPay”): This covers the treatment of injuries sustained by you, your passengers, and members of your household if you are injured in a motor vehicle accident, regardless of fault.
- Uninsured motorist insurance: This covers medical bills for you and your passengers if you are injured in a collision caused by an uninsured driver.
Your Lebanon car insurance policy must meet or exceed the following minimum coverage requirements:
- Bodily injury liability insurance: $25,000 per person/$50,000 per accident
- Property damage liability insurance: $25,000 per accident
- Medical payments insurance: $1,000 per accident
- Uninsured motorist bodily injury insurance: $25,000 per person/$50,000 per accident
Talk to a local insurance agent to learn more about each of these types of coverage.
What Else Can Lebanon Car Insurance Cover?
In addition to the required coverage mentioned above, your car insurance provider will offer a variety of coverage options that you may want to include in your Lebanon auto insurance policy. These include:
- Collision insurance: This pays to repair or replace your vehicle if it is damaged or totaled in a collision, regardless of fault.
- Comprehensive insurance: This pays to repair or replace your vehicle if it is damaged or totaled in a non-collision incident like a flood or hailstorm.
- Gap insurance: This bridges the gap between what your car is currently worth and what you currently owe for it so that if it is totaled in a covered event, you will not be stuck with car payments for a car you no longer own.
- Roadside assistance & towing: This pays for assistance if your car becomes disabled while you are on the road, such as if you get a flat tire or run out of gas.
- Umbrella insurance: This can provide you with significantly more liability coverage than your car insurance provider can offer.
Talk to your local insurance agent for help determining which, if any, of these coverage options is a good fit for you.
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How Does Uninsured Motorist Insurance Work?
Even though the majority of drivers in this state are not required by law to carry car insurance, most do.
- Percentage of US drivers who are uninsured: 13.0%
- Percentage of New Hampshire drivers who are uninsured: 9.9%
If you are in a collision that was caused by an uninsured driver, that person is responsible for compensating you for damages as well as for any medical costs that exceed what your MedPay insurance can cover.
However, this money can be extremely difficult to collect, especially if the at-fault driver simply has no money or assets to go after.
Uninsured motorist insurance was created to ensure that you can you receive timely compensation without the need to take legal action. After compensating you, your insurance company will try to collect the money owed from the at-fault driver and will absorb the losses if unsuccessful.
Does Lebanon Car Insurance Cover against Auto Theft?
The auto theft rate in both the city of Lebanon and the state of New Hampshire is much lower than the national rate. Residents of Lebanon report an average of about 12 vehicle thefts per year.
- National auto theft rate per 1,000 vehicles: 2.29
- New Hampshire auto theft rate per 1,000 vehicles: 0.64
- Lebanon, NH, auto theft rate per 1,000 vehicles: 0.95
You can only get compensation for a stolen vehicle if your car insurance policy includes comprehensive (or “other than collision”) coverage.
Comprehensive insurance covers more than just auto thefts. It can also reimburse you for repair costs if your car is damaged in another non-collision event like a flood or a windstorm.
Talk to a local independent insurance agent to find out how much it will cost for you to include comprehensive coverage in your Lebanon car insurance policy.
Why Let an Independent Insurance Agent in Lebanon, NH, Help You?
You can ask a local independent agent for help when you are looking for the best auto insurance policy to meet your coverage and budgetary needs. These agents work for you, not for a particular insurance company, so they are free to shop around to find you the coverage you want at a price you can afford.
Contact an insurance agent in or near Lebanon to get answers to your insurance-related questions and to start comparing customized car insurance quotes.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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