Expect to pay an average monthly rate of $37 if you choose to buy the cheapest car insurance in Concord. Most people won’t qualify for this extremely low rate, but it’s the average for the state-required minimum liability insurance you are required to purchase if you choose to buy insurance. The average for the state overall for the minimum coverage is $32 per month, while nationally, drivers pay on average $47 per month.
Full coverage car insurance in Concord averages $87 per month. That includes your liability insurance, plus comprehensive car insurance and collision auto insurance. In New Hampshire overall, the average cost for full coverage is $106 per month, while nationally, drivers pay on average $140 per month.
Remember, New Hampshire does not require insurance. However, if you cause an accident, you will be liable for injuries and damages. If you cannot cover it all financially, you will be open to being sued. In this situation, you could lose assets such as your home.
If you do choose to protect yourself with auto insurance, you will be required to purchase at least the minimum amount of liability, uninsured motorist coverage and MedPay.
How does Concord compare with other New Hampshire cities? In different cities across New Hampshire, expect to pay these average monthly rates.