Discover How to Find the Best Price on Hanover New Hampshire Auto Insurance

No one likes having to buy auto insurance, particularly when they are paying too much.

Multiple auto insurance companies compete for your hard-earned dollar, so it’s not easy to compare every insurance company to find the absolute lowest cost out there.

It is always a good idea to compare prices yearly since rates tend to go up over time. If you had the lowest rates on your last policy you can probably find a lower rate today. So block out anything you think you know about auto insurance because we’re going to show you one of the quickest ways to save on auto insurance.

How to Lower Your Auto Insurance Cost in Hanover

Effectively comparing auto insurance prices can be exhausting if you don’t know the fastest way to get free quotes. You can waste hours talking to insurance agencies in Hanover, or you could save time and use the internet for quick rates.

All the larger companies belong to a marketplace where prospective buyers complete one form, and every company then returns a price quote for coverage. This prevents consumers from doing repetitive form submissions for every auto insurance company.

To compare pricing click here (opens in new window).

The only downside to pricing coverage this way is you are unable to specify the companies you want pricing from. So if you want to choose specific insurance companies for rate comparison, we have a listing of the cheapest auto insurance companies in New Hampshire. Click here for list of insurance companies in New Hampshire.

Whichever method you choose, compare exactly the same coverage limits and deductibles on every quote. If each company quotes different deductibles you can’t possibly make a fair comparison in Hanover. Quoting even small variations in coverages can result in a big premium difference. And when quoting auto insurance, remember that more quotes helps locate a better price.

Can switching companies really save?

Progressive, Allstate and GEICO continually stream television and radio advertisements. All the companies have a common claim about savings after switching your coverage to them. But how can every company make almost identical claims?

All the different companies are able to cherry pick for the type of driver that is profitable for them. For example, a desirable insured could be between the ages of 30 and 50, has no prior claims, and has great credit. Any new insured who fits that profile will get very good rates and therefore will save when switching.

Potential customers who don’t meet the requirements must pay higher prices and this can result in business not being written. The ads state “customers who switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently state the savings. This illustrates why drivers must quote coverage with many companies. It’s impossible to know which auto insurance company will have the lowest rates.

Rate influencing factors

An important part of buying insurance is that you know the factors that play a part in calculating auto insurance rates. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in lower auto insurance prices.

  • Women pay lower rates – The statistics show women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Both sexes are in accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations such as reckless driving.
  • Traffic violations increase rates – A bad driving record has a big impact on rates. Even one citation may increase your cost twenty percent or more. Drivers with clean records get better rates than people who have multiple driving citations. If you have severe violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
  • Liability insurance protects assets – Your policy’s liability coverage will protect you if ever you are found liable for damages caused by your negligence. Liability provides legal defense coverage starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Drive less and save money – The more you drive in a year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage based on their usage. Vehicles left parked in the garage qualify for better rates compared to those used for work or business. Make sure your auto insurance policy properly reflects the correct driver usage.
  • Small claims can cost you – Auto insurance companies in New Hampshire generally give discounts to drivers who are claim-free. If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is designed for larger claims.
  • Consolidate policies to earn discounts – Some auto insurance companies will give a discount to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be ten or even up to twenty percent in some cases. Even if you’re getting this discount you still need to compare other company rates to verify if the discount is saving money.

These discounts can lower your rates

Companies that sell car insurance do not advertise all available discounts very well, so we took the time to find some of the more common and also the lesser-known ways to save on auto insurance.

  • Organization Discounts – Belonging to a civic or occupational organization could qualify you for a break when buying auto insurance.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • College Student – Kids in college living away from home attending college and don’t have a car can receive lower rates.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you may save approximately 10% to 15%.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.

To choose insurers who offer auto insurance discounts in Hanover, follow this link.

Buying auto insurance from a local agent

Some consumers just want to get advice from a local agent and that is OK! The biggest benefit of getting online price quotes is the fact that you can find better rates but still work with a licensed agent.

By using this quick form, your information is sent to participating agents in Hanover who will compete to get your business. There is no reason to drive around as quotes are delivered directly to your email. Now that’s easy! You can find the lowest rates without the usual hassles of price shopping.

Choosing an insurer should depend on more than just the premium amount. Any agent should have no problem answering these questions:

  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
  • Are you getting all the discounts the company offers?
  • What insurance companies do they recommend if they are an independent agent?
  • Do they review policy coverages at every renewal?
  • Did they already check your driving record and credit reports?
  • Which company do they place the most coverage with?
  • Do they carry Errors and Omissions coverage?
  • Do the coverages you’re quoting properly cover your vehicle?

Hanover insurance agents are either independent or captive

When researching local Hanover agents, you must know there are a couple different types of agents from which to choose. Hanover agents are categorized either independent (non-captive) or captive.

Captive Insurance Agents

This type of agents can only place business with one company like American Family, State Farm and Allstate. They generally cannot compare other company’s rates so it’s a take it or leave it situation. Captive agencies are trained well in insurance sales which helps them sell insurance even at higher premiums.

Independent Agents (or Brokers)

These agents are not employed by any specific company so they have the ability to put coverage with lots of companies enabling the ability to shop coverage around. To move your coverage to a new company, an independent agent can move your coverage and you won’t have to switch agencies. When comparison shopping, you should always contact multiple independent agents to have the most options to choose from.

Shown below is a short list of independent agencies in Hanover who can help you get price quotes.

New Hampshire insurance ad

Hanover Agency Inc – 45 Lyme Rd # 106 – Hanover, NH 03755 – (603) 643-4404

To view a complete directory of licensed insurance agents in Hanover, please view this page.

Upon receiving positive responses to any questions you have and an affordable coverage quote, you’ve probably found an insurance agent that meets your needs to properly insure your vehicles.

Shop smart and save

Affordable auto insurance is definitely available online in addition to many Hanover insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some auto insurance companies do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

As you shop your coverage around, it’s a bad idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an accident victim reduced liability coverage limits only to regret that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

We’ve covered a lot of techniques to compare auto insurance prices online. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. Consumers may even find the lowest priced auto insurance comes from a lesser-known regional company. These smaller insurers may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive or GEICO.

Additional consumer information websites

More detailed New Hampshire auto insurance information is available at the New Hampshire Insurance Department website. New Hampshire drivers can find a variety of consumer forms, discover disciplinary actions, read enforcement actions against agents and companies, and read state legal mandates and laws.