Cheapest car insurance companies in Nashua 

According to a study by Insurance.com, the cheapest car insurance companies in Nashua for 2023 are Auto-Owners and The Hanover

Auto-Owners offers the cheapest car insurance premium for Nashua drivers at an annual rate of $838 a year, on average. 

Car insurance costs may vary in Nashua based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Nashua.

CompaniesAverage annual rates
Auto-Owners$838
USAA$883
The Hanover$1,057
MMG Insurance$1,130
Geico$1,196
Progressive$1,287
State Farm$1,315
Nationwide$1,319
Farmers$1,835
Allstate$2,311

Cheapest car insurance cost in Nashua by Age Group 

The Hanover offers the cheapest full coverage car insurance for teenage drivers in Nashua, with an average annual cost of $1,947 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts. 

Teenagers can lower their insurance costs by strategically utilizing the good student discount or remaining listed as a driver on their parent's policy.

Among the carriers analyzed, The Hanover is the cheapest car insurance option for drivers in Nashua, at $1,341 a year for a full coverage policy.

An analysis of car insurance rates for Nashua drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. Auto-Owners offers the cheapest full-coverage car insurance rates at $875 per year.

Nashua senior drivers seeking affordable car insurance should look no further than Auto-Owners. It offers the cheapest car insurance rates for seniors, with an average annual premium of $894. It makes Auto-Owners a good choice for seniors who want to save money without sacrificing coverage. 

CompanyTeensYoung AdultsAdultsSeniors
The Hanover$1,947$1,341$1,019$975
Auto-Owners$2,014$1,367$875$894
MMG Insurance$2,643$1,885$1,194$1,304
USAA$3,979$1,518$907$969
Geico$4,100$2,016$1,252$1,293
State Farm$4,628$2,294$1,329$1,293
Nationwide$5,269$2,442$1,317$1,317
Allstate$5,764$3,452$2,419$2,630
Progressive$6,430$2,372$1,306$1,396
Farmers$7,213$3,572$1,826$1,812

Cheapest car insurance companies in Nashua by driver profile 

Insurers in Nashua consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

To find the cheapest car insurance company in Nashua, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget. 

Below are some of the cheapest car insurance companies in Nashua by driver profile.

The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Nashua drivers at about $1,156 per year

The table below shows the list of car insurance companies that offer affordable car insurance for drivers with poor or bad credit scores. 

CompanyAverage annual rates
Geico$1,156
Nationwide$1,431
USAA$1,435
Progressive$1,546
State Farm$2,216
Allstate$2,394

USAA offers the cheapest auto insurance rates for drivers with a speeding ticket in Nashua. It offers full coverage car insurance for drivers aged 30 at about $922 per year

Finding the right car insurance company is all about individual needs. Take the time to compare quotes from different carriers and secure the best deal. With careful analysis, you can find an insurance company that provides the best rates and coverage tailored to your specific needs.

CompanyAverage annual premium
USAA$922
State Farm$992
Progressive$1,170
Geico$1,487
Nationwide$1,519
Allstate$2,043

State Farm is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Nashua is $1,167. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket. 

CompanyAverage annual rates
State Farm$1,167
USAA$1,243
Progressive$1,571
Nationwide$1,597
Geico$1,738
Allstate$2,743

Buying car insurance doesn't have to break the bank. USAA offers the cheapest full coverage policy in Nashua for drivers with a DUI, with an average annual premium of $1,336.

Following a DUI conviction, it's likely that your auto insurance premiums will increase. To get affordable premiums, compare car insurance quotes from various providers. Comparison shopping can help you find the best possible offer.

CompanyAverage annual rates
USAA$1,336
Progressive$1,355
State Farm$1,934
Geico$2,060
Nationwide$2,518
Allstate$2,556

Average car insurance cost in Nashua 

In Nashua, the annual cost of car insurance for the coverage level of 100/300/100 is $1,317 or around $110 per month. However, the average yearly rate for state minimum coverage in Nashua is $459.

Full coverage insurance costs more than the state minimum, but it provides comprehensive coverage for your car and coverage for other driver’s vehicle. To reduce your premium, you might want to compare quotes from various insurance companies.

Average annual RatesState minimum average
$1,317$459

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.