You’ll need SR-22 insurance for license reinstatement following a suspension for any reason. The cost of SR-22 motorcycle insurance depends on various factors, including:
- The state requiring the SR22 filing
- Motorcycle age and type
- The motorcycle coverage options you choose
- Circumstances of your license suspension
- Your driving history
- Your age
- Gender and marital status
- Credit history
These are the same variables that insurance companies use when determining standard insurance rates. Usually, the cost of SR22 motorcycle insurance is somewhat higher than a standard motorcycle policy, but cheaper than SR22 auto insurance rates.
This article was last updated on December 12th, 2022 by UltraCar Insurance
