Auto Insurance in Hudson New Hampshire – 7 Tips to Cut Costs

Expensive auto insurance can empty your checking account and force you to make sacrifices. Comparing price quotes is a smart way to help make ends meet.

Many insurers compete to insure your vehicles, so it’s not easy to compare every insurer to find the absolute best rates possible.

If you are paying for car insurance now, you should be able to save some money using these methods. Finding the best rates in Hudson is quite easy. Nevertheless, New Hampshire consumers need to learn how companies price insurance differently.

How to Compare Auto Insurance Quotes in Hudson, NH

To find the best auto insurance prices, there are several ways of comparing price quotes from different in Hudson, NHinsurance companies. The fastest way to find the cheapest insurance rates is to perform an online rate comparison. This can be accomplished in several different ways.

  1. One of the best ways to get quotes for comparison is to use a rate comparison form click to view form in new window. This type of form prevents you from having to do repetitive form entry for each company. One quote request gets rate comparisons direct from many companies.
  2. A less efficient way to get comparison quotes requires visiting the website of each company to complete their respective quote request forms. For sake of this example, let’s assume you want rates from Farmers, State Farm and GMAC. To get rate quotes you would need to visit each site and enter your information, and that’s why the first method is more popular. For a list of links to companies insuring cars in Hudson, click here.

It’s up to you how you get prices quotes, just be sure to compare the exact same deductibles and coverage limits for each comparison quote. If you use mixed coverages it will be very difficult to make an equal comparison in Hudson. Slightly different insurance coverages may result in a large different in cost. And when comparing auto insurance rates, know that comparing more company’s prices will enable you to find the best price.

Verify you’re getting all your discounts

Insuring your fleet can be pricey, but you may find discounts that many people don’t even know exist. Most are applied when you get a quote, but some may not be applied and must be requested specifically in order for you to get them.

  • Drivers Education – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates than drivers with accidents.
  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Early Signing – Select companies give a discount for buying a policy prior to your current policy expiration. This can save 10% or more.
  • Clubs and Organizations – Affiliation with a civic or occupational organization could qualify you for a break on your policy.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Accident Free – Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.

A little note about advertised discounts, most of the big mark downs will not be given to the entire cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think you would end up receiving a 100% discount, you’re out of luck. But all discounts will reduce your premiums.

For a list of providers with discount auto insurance rates in Hudson, click here.

When should I talk to an agent?

When buying proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can aid in determining whether or not you might need professional guidance.

  • Does my vehicle need full coverage?
  • How much liability coverage do I need in New Hampshire?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is there coverage for injuries to my pets?
  • Does liability extend to a camper or trailer?
  • Am I covered when driving on a suspended license?
  • Am I covered if I drive in a foreign country?
  • When should I not file a claim?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Auto insurance specifics

Understanding the coverages of your policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages available from auto insurance companies.

Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for expenses for things like dental work, EMT expenses and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like theft, damage from getting keyed, damage from a tornado or hurricane and hitting a deer. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – Collision insurance pays for damage to your vehicle caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as rolling your car, scraping a guard rail and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your vehicle.

Due to the fact that many New Hampshire drivers only purchase the least amount of liability that is required (New Hampshire limits are 25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are similar to your liability insurance amounts.

Liability – This coverage provides protection from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as repair bills for other people’s vehicles, pain and suffering and emergency aid. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford. New Hampshire state law requires minimum liability limits of 25,000/50,000/25,000 but it’s recommended drivers buy better liability coverage.

More information can be read on the website for the New Hampshire Insurance Department through this link. New Hampshire drivers can learn about specific coverages, file complaints about a company, view agent and company licensing information, and download brochures.

Final considerations

As you go through the steps to switch your coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, an insured dropped collision coverage to discover at claim time that it was a big mistake. The proper strategy is to get the best coverage possible at a price you can afford, not the least amount of coverage.

You just read many tips how you can lower your auto insurance rates. The most important thing to understand is the more you quote, the better chance you’ll have of finding lower rates. You may even find the lowest premiums are with a small local company. These companies can often provide lower rates in certain areas as compared to the big name companies such as Progressive and Geico.