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Indiana Motorcycle Insurance Requirements

Indiana Motorcycle Insurance Requirements

Indiana is a state located in the Midwest region of the United States. The capital of this state is Indianapolis – a city that is home to professional sports teams including the NFL Colts, NBA Pacers, and WNBA Fever. This city is also well known for the Indianapolis 500 and Brickyard 400 races. Individuals from the state of Indiana are known as “Hoosiers” – which originated from John Finley’s poem called “The Hoosiers Nest.” This state was appropriately nicknamed “The Hoosier State.” The economy in Indiana consists largely of steel production, medical equipment, pharmaceuticals, transportation equipment, chemical products, natural resources, and various types of machinery

If you own a motorcycle and want to cruise through the Hoosier State, you need to make sure that you follow state laws and regulations. Before you decide to ride your vehicle, you need to prove financial responsibility. Most people prove that they are financially responsible by purchasing an official liability policy for their motorcycles. The reason that financial responsibility is required is because if you are ever involved in an accident, you need to reimburse others for damages that you may have caused.

Indiana Motorcycle Insurance Requirements

Each state has specific requirements that must be met before you can legally operate your bike. Below you will find information regarding how you can prove responsibility, definitions of motorcycles and other two-wheeled vehicles, and a list of specific amounts of coverage that you can keep in mind when shopping for a policy.

How to Prove Financial Responsibility in Indiana

In the state of Indiana, you are given options as to how you want to prove financial responsibility. Perhaps the most common method is to go out and buy liability coverage from an insurer that is licensed to do business in your state. If you do not want to go the route of buying insurance, you can look into other options as well.

  • Liability Insurance Policy – Go out and get a basic liability plan that meets state requirements.
  • Surety Bond – You can get a bond from a licensed surety company as an alternative to liability coverage.
  • Cash Deposit – You have the option of making a $40,000 deposit with the state treasurer of Indiana.
  • Trust Fund – If you have a trust fund with market value of at least $40,000 – you can use this towards proving responsibility.

Motorcycles / Two-Wheeled Vehicles Defined

It is important to understand the classification of your two-wheeled vehicle before you buy insurance. The state of Indiana has its own definitions for what is considered a motorcycle as well as definitions for other two-wheeled vehicles. If you are unsure about the classification under which your vehicle falls, be sure to call the Indiana BMV at the following number: (888)-692-6841. They have experts around to answer any questions that you may have.

Motorcycles: Any motorized vehicles that have a seat or saddle for the driver that have not more than 3 wheels in contact with the ground while riding. This definition does not include tractors or motorized bicycles. All motorcycles require a title, registration, and insurance coverage.

Motorized Bicycles: Any motorized vehicles with not more than 3 wheels that has less than 50 cc engine displacement and less than 2-brake horsepower. These can run on battery-powered motors or internal combustion engines. These must not exceed 25 mph. Mopeds are included in this definition, but scooters are not.

Motor Scooters: These are motorized vehicles with 2 wheels that have a seat for the driver and floor pad to rest your feet while driving.

Indiana Motorcycle Insurance Minimum Requirements

Below are the minimum requirements for the state of Indiana. When purchasing a policy, it must at least have the following amounts to be considered legal coverage.

Liability Insurance:

  • $25,000 bodily injury per person

  • $50,000 bodily injury per accident

  • $10,000 property damage per accident

If you do not think that the coverage listed above is enough for your needs, you may want to talk with your insurer about increasing your limits. Remember, these are just the minimums and may not provide you with adequate protection if you get into a serious accident. In order to protect yourself financially, you may want to pay a little bit extra for the better coverage.

Indiana Laws: Safety & Licensing Requirements

Each state has different laws in regards to usage of helmets and eye protection, types of permits required, as well as headlight use.  Be sure to read up so that you do not get caught breaking any laws while cruising through Indiana.

  • Helmets – You are required to always wear a helmet if you are under the age of 18. Helmets are required regardless of you are the driver or passenger. You also are required to wear a helmet if you have an instructional permit. All helmets must be in compliance with the FMVSS 218 standard.
  • Eye Protection – All individuals under the age of 18 are required to use eye protection while operating a motorcycle.
  • Motorcycle License – You must obtain an official “L” endorsement to your driver’s license to operate a motorcycle. If you have already completed an official motorcycle safety course, you may get to skip the skills test if you have a course completion certificate.
  • Headlights – All motorcycles manufactured after the date of 1956 are required to use headlights during the daytime.

Proof of Insurance in Indiana

While driving your motorcycle in the Hoosier state, you need to make sure that you carry proof of insurance with you at all times. If you do not have insurance, but you have an alternative form of financial responsibility, you will need to have a certificate showing what you have. If a police officer pulls you over and you are caught without proof of coverage, you may face serious consequences.

  • Insurance ID Card – After you have signed up for an insurance policy, you should get issued an insurance identification card from your provider. Keep this card stored with you at all times while driving. It contains important policy information and will allow you to legally ride your vehicle.
  • Electronic Form Submission – There is a program called the EIFS (Electronic Insurance Forms Submission created by the Indiana BMV that allows licensed insurers to submit insurance information for their customers. You should talk to your insurance provider about whether they can submit your information via the state EIFS system.
  • Certificates / Documentation – If you don’t have an insurance policy, but have a surety bond or made a cash deposit, you should still have a certificate or documentation to prove it. Keep this with you while you’re out riding. If you are pulled over but don’t have proof of insurance, you will have 40 days to get your insurance information verified via a BMV “Certificate of Compliance.”

Penalty for Lack of Insurance

If you don’t carry insurance with you in Indiana, you run the risk of getting in some serious legal trouble. Getting caught without sufficient coverage is considered a “Class A infraction” and will result in a suspended license and/or registration. The easiest way to avoid these penalties is to make sure that you stay insured.

  • License Suspension – Your license plates will be suspended and you will not be able to drive your motorcycle.
  • Registration Suspension – Your vehicle registration will also face suspension; you will eventually need to get it reinstated.

If you have only committed a single offense, the term is usually a 3 month (90 day) suspension term. If you commit multiple offenses, you can face up to an additional year of suspension; this is if you are caught at least 2 times within a 3 year term.

  • Reinstatement Fees – After you have gone through with your full suspension, you need to pay a fine to get your license and registration reinstated. If it was your first offense, you will pay a fee of $150. If you have committed 2 offenses, you will pay $225 for reinstatement. If you have committed 3+ offenses, you will owe $300 for each reinstatement thereafter.
  • SR-22 Form – You will be required to fill out an SR-22 form as issued by the BMV. This will allow them to keep track of your insurance coverage and be notified of when your coverage expires. If you fail to stay insured, the BMV can immediately suspend your license.

Indiana Motorcycle Insurance Companies

There are many insurance companies willing to help you get the motorcycle coverage that you need in Indiana. To help you find the best possible deal on coverage, we have implemented a form below (and at the top of the page) that allows you to enter your Zip Code. Once you have entered your Zip Code, a list of the leading providers in your specific location will be generated. Once you see the list, take the time to get a quote from each company and compare the rates. You can also read some reviews around this website to get a better understanding of a certain company that you may be considering for coverage.

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