By:  Ishan Mukhopadhyay Nov. 21, 2018

According to a recent Raltin study, consumers in Concord, New Hampshire, can save between $246 and $1,192 on car insurance premiums.

This study evaluates savings by calculating the difference between the median and cheapest premiums for seven driver categories. The findings suggest that 72-year-old married drivers with no traffic violation report the lowest savings of $246, while 30-year-old single male drivers have the highest savings at $1,192.

Every insurance policy involves certain coverage limits and deductible values. One insurance holder said in a Raltin survey, “I prefer the state minimums in my policy, as they seem to suit my needs comfortably.”

This analysis compares premiums offered by all major car insurance providers in the city and in doing so, makes the following assumptions: bodily injury liability limit is $100,000 per person and $300,000 per occurrence and medical payment limits is $5,000.  Further, if an insurer sells only single limit liability coverage, the premiums reflect a combined single limit of $300,000.

Progressive Northern Insurance offers the cheapest premium at $323 for 72-year-old married drivers. The median premium for this cohort is offered by Safety Insurance at $569. Thirty-year-old single male drivers report the highest potential savings. Progressive Northern reports the cheapest premium at a meager $355. The median premium is offered by Co-Operative Insurance at $1,547.

The difference between the most expensive and median prices is the greatest for 30-year-old male drivers at $7,191. Patriot Insurance offers the most expensive premium for this cohort at $8,738. The second highest difference at $3,998 is observed for 44-year-old married drivers with one traffic violation in the past three years. For this cohort, LM General Insurance offers the most expensive premium at $6,070 and Interins Exchange of the Automobile Club offers the median at $2,072.

The following graph compares car insurance rates by key companies in Concord, New Hampshire.

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The table below compares car insurance rates offered by key companies in Concord, New Hampshire. In addition, it calculates savings by evaluating the difference between the cheapest to median, and most expensive to median prices.

CohortCheapest Car Insurance Companies in Concord, NHSecond Cheapest Car Insurance Companies in Concord, NHCar Insurance Companies offering median premiums in Concord, NHSecond Most Expensive Car Insurance Companies in Concord, NHMost Expensive Car Insurance Companies in Concord, NHDifference between Cheapest and Median PricesDifference in Price between Most Expensive and Median Prices
30-year-old single male drivers with no traffic violationProgressive Northern Ins. Co. ($355)Progressive Universal Ins. Co. ($468)Co-operative Ins. Cos. ($1,547)Metropolitan Gen. Ins. Co. ($4,277)Patriot Ins. Co. ($8,738)$1,192$7,191
44-year-old married drivers with one traffic violation in the past 3 yearsMain Street America Protection Ins. Co. ($1,155)Safeco Ins. Co. Of Amer. ($1,211)Interins Exch. of the Automobile Club ($2,072)Integon Natl. Ins. Co. ($2,845)LM Gen. Ins. Co. ($6,070)$917$3,998
19-year-old single female drivers with no traffic violationAllstate Fire & Cas. Ins. Co. ($778)GEICO Advantage Ins. Co. ($843)State Farm Fire & Cas. Co. ($1,504)Travelers Home & Marine Ins. Co. ($2,476)LM Gen. Ins. Co. ($4,621)$726$3,117
35-year-old married drivers with one speeding violation in the past 3 yearsProgressive Northern Ins. Co. ($557)Progressive Universal Ins. Co. ($603)Interins Exch. of the Automobile Club ($1,220)Central Mut. Ins. Co. ($1,975)Allmerica Fin. Benefit Ins. Co. ($2,134)$663$914
23-year-old single male drivers with no traffic violationGEICO Advantage Ins. Co. ($484)Safeco Ins. Co. of Amer. ($606)Amica Mutual Ins. Co. ($1,095)Safety Ins. Co. ($1,573)Commerce Ins. Co. ($2,726)$611$1,631
35-year-old single female drivers with no traffic violationMT WA Assur. Corp. ($395)Progressive Northern Ins. Co. ($412)Interins Exch. of the Automobile Club ($817)Commerce Ins. Co. ($1,439)LM Gen. Ins. Co. ($1,851)$422$1,034
72-year-old married drivers with no traffic violation in the past 3 yearsProgressive Northern Ins. Co. ($323)Safeco Ins. Co. of America ($351)Safety Ins. Co. ($569)Union Mut. Fire Ins. Co. ($953)LM Gen. Ins. Co. ($1,432)$246$863


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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