Quote:
Originally Posted by TiltonBB
There is no restriction on residents. The rule is in place because most states require that you register your vehicle at the primary residence or principal place of garaging. Many people from other states who have vacation homes in NH register their vehicles here to save on sales tax and obtain insurance at a lower cost.
NH is set up with the best interest of the full time residents in mind, not vacationers or seasonal residents. When property owners from other states who spend less than 50% of their time in NH register their vehicles here it drives up the insurance cost to the full time residents. The law is to prevent this from happening.
There is no such use restriction on people that have NH as a principal or primary residence.
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If they spend their time out of state with the vehicle how does it drive insurance rates up? as most accidents they might be in would occur out of the state?
Accidents/thefts/damage are taken into account when configuring insurance rates based on where they occur/happen
Not to say yes where the person has the car registered might be effected but on a very slim to none basis and would probably be included in a regional across the board rate hike. Where as NH would be lumped into the Northeast Region and a company wanted to raise rates across the region because they are getting hammer
example: You are garaged and registered in a part of Boston called West Roxbury (not roxbury by any means) You are a stones through from down town Dorchester, South Boston, and Roxbury, but your rates are a little bit less than those areas. But you are working in those areas everyday