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New Hampshire Car Insurance (NH)New Hampshire's car insurance statutes put forth a fairly comprehensive set of requirements for minimum liability coverage. As with every state, New Hampshire insists on minimum liability coverage for bodily injury and property damage. This liability insurance pays the bills for the other car and its passengers should you be involved in an accident that is your fault. New Hampshire Car Insurance RequirementsThe minimum acceptable bodily injury liability is $25,000 for an individual and $50,000 for any one incident. What this means is that your insurance company will pay up to $25,000 in injury-related expenses for any one occupant of the car you hit, and a maximum of $50,000 in bodily injury costs for all occupants of the car. The minimum requirement for property damage liability is $25,000. This covers the cost of repair for the car you hit and any fences, poles or buildings that might have been involved. New Hampshire also requires insurance coverage for uninsured and underinsured motorists. This coverage pays for your costs should you collide with a driver who is uninsured, or whose insurance cannot meet your expenses. The minimums are the same as for bodily injury liability: $25,000 and $50,000. This particular clause does not cover property damage and thus does not pay for repairs to your car. If you choose to carry higher bodily injury liability limits, your uninsured/underinsured limits must be the same. Additional Insurance Requirements in New Hampshire (NH)There is also a requirement of at least $5,000 in medical payments coverage. This insurance is meant to pay your immediate medical bills, regardless of who is at fault. A substantial increase in this limit will protect you from substantial medical obligations for you and your passengers in the event of a serious accident. There are two types of car insurance options that are meant to cover the costs of damage to your car. The first is collision coverage, which pays for the repairs to your vehicle after an accident which was your fault. The other is comprehensive insurance, which pays for damage that is unrelated to any accident. Such occurrences might be fire or storm damage, or theft and vandalism. Both of these policy clauses will come with deductible payments; it is best to accept a high deductible if it is within your reach because it will have a substantial impact on lowering your monthly premium. Minor insurance clauses include towing coverage, which pays for removing your vehicle from the accident scene. Also available is coverage for the cost of a rental car while yours is in the shop.
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