Motorcycle insurance is not a requirement in Florida. Many people drive around without it. In fact, studies show that less than 10 percent of motorcycle owners involved in an accident carry insurance. https://www.hg.org/article.asp?id=31124. However, if you are in an accident, having the appropriate coverage can help you avoid losing your license, having to pay for repairs to your vehicle, paying restitution to others involved in the accident, incurring significant medical bills, or even having civil judgments entered against you. Below is a list of some of the coverages available for motorcyclists in Florida, and what they insure you against:
Bodily Injury Liability
This coverage pays for any medical bills of another driver or their passenger if you cause an accident with another vehicle.
This type of Florida Motorcycle Insurance provides coverage to any damages that you cause to another person’s property or vehicle. This allows the vehicle or property to be repaired, without requiring you to pay all of the costs out of your own pocket.
Medical payment coverage will cover the medical expenses that occur to you or a passenger while riding your motorcycle. These coverage options generally carry up to a $10,000 maximum coverage.
This insurance protects you if you are involved in an accident with someone that does not have insurance when they hit you. This coverage will also protect you in the event of being in an accident with someone who does not have enough insurance coverage limits to pay for the damages or injuries that occur.
Comprehensive coverage protects your motorcycle from damages that are the result of something other than an accident with another vehicle. This can include fire, theft, vandalism, or the like.
Collision Florida Motorcycle Insurance covers you and pays for any damages to be repaired if you are involved in an accident.
Labor or Towing Coverage
This coverage will help you pay for the costs that occur due to an accident or mechanical breakdown of your motorcycle.
If your motorcycle is considered a complete loss or totaled, this coverage will pay the difference between what you owe and what the vehicle is worth.
Disparti Fowkes & Hasanbasic represents consumers throughout Pasco County and Pinellas County, including residents of Trinity, New Port Richey, Port Richey, Hudson, Zephyrhills, Dade City, San Antonio, St. Petersburg, Seminole, Oldsmar, Treasure Island, Belleair Beach, Clearwater, Dunedin, Safety Harbor, Gulfport, Indian Shores, Pinellas Park, Tarpon Springs, and Largo.