The laws and regulations regarding autocycles, like the Polaris Slingshot, vary from state to state.
You can find more information regarding autocycle licensing and registration requirements by state here.
This page will provide you with details on how to get insurance for your autocycle or Slingshot.
We’ll go over the requirements, what to expect, and some tips on getting the best deal.
Start comparing quotes today to see how much you can save on insurance for your Slingshot.
Polaris Slingshot Insurance Requirements
Autocycles, like the Polaris Slingshot, are 3-wheeled vehicles that share features more similar to a car than they do a motorcycle.
But, just like cars and motorcycles, you will be required to have insurance in order to ride it and register it.
Autocycles can feature a bucket seat, seatbelt, steering wheel, passenger seat, and other features you’d find in a car.
The NHTSA and most insurance providers define autocycles to be a type of motorcycle.
However, licensing and registration requirements vary from state to state. Some require a valid motorcycle license, while others allow you to operate a Slingshot with a standard driver’s license.
Your insurance policy for a Slingshot must satisfy your state’s minimum liability coverage requirements.
To get a quote, you’ll need to provide:
- Your name.
- Your address.
- Your driver’s license number.
- Your birth date.
- Your marital status.
- Your riding experience.
- Your driving history.
- The autocycle VIN, year, make, model, and CCs.
What does autocycle insurance cover?
In order to register and ride your autocycle on public roads, you’re going to need to carry an active insurance policy in most states.
Most insurance providers will treat an autocycle like a motorcycle for rates, policy options, and discounts.
However, there are some insurance providers that may treat an autocycle policy more like car insurance. And there are even some insurance companies that specialize in polices for your Slingshot.
Just like a car insurance or motorcycle insurance policy, the coverage for your autocycle will need to at least satisfy your state’s minimum requirements for liability insurance.
- Bodily Injury Liability Coverage.
- Property Damage Liability Coverage.
Some states may also require uninsured/underinsured coverage as well as medical payments or PIP coverage.
Your liability coverage kicks in when you are responsible for a collision that causes injuries, death, or damages.
Beyond that, you’ll be able to select other types of coverage based on your needs and budget.
Popular coverages for autocycles and Slingshots often include:
- Collision coverage, which pays for damages resulting from a crash regardless of fault.
- Comprehensive coverage, which pays for damages and theft outside a collision with another vehicle or stationary object.
- GAP Coverage and Total Loss Coverage.
- Personal Belongings and Carried Contents Coverage.
- Accessory and equipment coverage.
- Roadside assistance.
How Much is Insurance on a Slingshot/Autocycle?
On average, a full coverage policy for your Slingshot will cost anywhere from $350 to $1,200 per year.
The final cost of your Slingshot insurance is going to depend on:
- Your age and demographics.
- Your driving history, accident history, and claim history.
- Where you live.
- How often you ride.
- The current value of your autocycle.
- The type of coverage you need.
- Your limits and deductibles.
- The discounts that may apply to your situation. (See below).
If you’re just starting the process of comparing autocycle quotes online, you may run into some problems.
Since autocycles, like the Slingshot, are typically classified as motorcycles for insurance purposes, the rates that come back may be very high due to the larger engine sizes of these vehicles.
Since Slingshots and other autocycles have relatively high engine CCs for a motorcycle, some insurance companies may classify them as a “super bike”, sport bike, or high powered motorcycle. This can bump rates up significantly.
To get the most reasonable price for your Slingshot insurance premiums, you’re going to either need to:
- Shop around and compare quotes from a few different providers.
- Call the insurance company to speak directly with an agent during the quote process.
- Find an insurance provider that specializes in Slingshot coverage (and knows what the vehicle is).
Some insurance companies are better than others at defining and crafting policies for autocycles.
Slingshot Insurance Discounts
One great way to save on the cost of your Slingshot insurance policy is to apply all of the available discounts you may qualify for.
You may be able to enter these during the quote process, or you may need to call and speak to an insurance agent.
The common discounts you’ll be able to apply to your autocycle insurance include:
- Homeowner’s discount.
- Valid motorcycle endorsement discount.
- Current motorcycle coverage discount.
- Multi-policy discount.
- Bundling discount (car, boat, trailer, RV insurance).
- Motorcycle safety course.
- Riding club membership discount.
While a motorcycle license isn’t required in every state to operate a Slingshot, having a valid motorcycle license can lower your premiums quite a bit.
Alternatively, you can complete a MSF motorcycle safety course to earn an additional discount. You can usually do this regardless of whether or not you have a motorcycle license.
Again, the best way to save on your Slingshot insurance is going to be to compare quotes for a few different providers.