Who in New Hampshire should carry car insurance?
New Hampshire is one of the few states that don’t require car insurance. Purchasing insurance is highly recommended for most drivers, though, as the costs of an accident can be extremely high.
Drivers who don’t purchase insurance are required to show that they have the financial resources to pay for accident injuries and damage. The state generally defines financial responsibility as having the resources to pay $25,000 per person to pay bodily injury liability claims, $50,000 per accident to pay bodily injury liability claims, and $25,000 per accident to pay property damage liability.
Drivers who don’t have these resources typically do need to purchase insurance. Those that can afford to self-insure likely should purchase insurance too, since a major accident’s costs can easily exceed these amounts.
An insurance agent who specializes in car coverages can further explain the state’s requirements, and why getting an insurance policy is probably wise regardless.