Motorcycle SR-22 Insurance Explained

SR-22 Motorcycle Insurance Coverage

SR-22 Motorcycle Insurance is one of the most economic ways to reinstate your driver’s license.  If you are required to file an SR-22 CFR (Certificate of Financial Responsibility) form with your state, a motorcycle insurance policy with an SR-22 filing might be an option.  

The only difference between an auto and cycle SR-22 filing is what type of policy the certificate of financial responsibility is issued on, an auto or motorcycle.  The state mandated motorcycle liability limits must be met and the SR22 must be filed by the insurance carrier with the state.  The SR22 serves as proof to the state you have the required insurance by law to get your license reinstated.

Motorcycle SR-22 insurance has several advantages. 

The first advantage is the price.  The price of an SR-22 Motorcycle policy is usually cheaper than liability coverage on a car, not to mention the cost of gas for a motorcycles is much cheaper also. The second advantage is, if you own a vehicle you can keep your insurance for your vehicle and motorcycle with separate companies.  

The type of motorcycle you insure does play a major role in the cost of the SR-22 insurance policy.  Like vehicles, motorcycles are rated by the year, type, style, and performance/speed of the motorcycle.  A simple cruiser style motorcycle will get you the best SR-22 motorcycle insurance rate, while a newer high performance sport style motorcycle will have the highest SR-22 motorcycle insurance.  Other factors affecting this rate include age, zip (where you live), driving history, male or female, etc.

Keep in mind, states vary on what their legal liability limits are and if they accept filings on cycle policies for license reinstatement.

Please contact Wessell Insurance Services, LLC to get your free and fast SR-22 Motorcycle Insurance quote today. We pride ourselves on getting your policy in place quickly, and the SR-22 FORM filed with the state the same day.