Chapter 2 of 1212% of exam

New Hampshire Auto & Property Coverage Requirements

This chapter covers what makes New Hampshire's auto rules distinctive and how a producer should advise clients: the state's financial-responsibility approach, the role of uninsured/underinsured motorist coverage, and why current figures must always be verified.

Financial Responsibility Rather Than Universal Compulsory Insurance

New Hampshire is frequently described as a state that does not universally require every driver to buy auto liability insurance. Instead, motorists must be able to meet financial-responsibility obligations if they cause an accident, and coverage is effectively required in many situations — for example after certain violations, for high-risk drivers, or as a lender/lessor condition. Because the specific thresholds and any proof-of-responsibility amounts are set by law and revised over time, verify the current rules with the New Hampshire Insurance Department and the Division of Motor Vehicles rather than assuming a figure.

Minimum Limits When a Policy Is Written

When an auto policy is issued in New Hampshire, or when a driver must demonstrate financial responsibility, statutory minimum split limits (bodily injury per person, per accident, and property damage) apply. Those minimums are set by law and can be raised, so a producer should confirm the current per-person, per-accident, and property-damage figures with official New Hampshire sources before quoting them.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist (UM/UIM) coverage pays the insured's own bodily-injury damages when an at-fault driver has no insurance or not enough — a meaningful protection in a state where not every driver is insured. Producers should explain that UM/UIM protects the policyholder and covered occupants, not the other driver. Whether it must be included or offered is set by statute; verify the current requirement with the New Hampshire Insurance Department.

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