There are thousands of motorcycles registered in Florida, and this state has some unique laws when it comes to motorcycles. This includes laws with regard to insurance coverage. Many people have the mistaken belief that motorcycle insurance is not required in Florida. However, under Florida’s Financial Responsibility Law, there are consequences to not having motorcycle insurance.
How is Motorcycle Insurance Different from Car Insurance?
Florida is a no-fault state when it comes to vehicles with four wheels, meaning that all registered cars, trucks, and SUVs must carry a minimum amount of personal injury protection and property damage coverage. Personal injury protection covers medical bills and some lost wages regardless of who is at fault in an accident. However, no-fault coverage does not apply to motorcycles. This means that a motorcycle driver is not required to have personal injury protection and can recover damages from an at-fault driver for medical bills, lost wages, damage to the motorcycle, and pain and suffering. The motorcycle driver may be compensated for these damages regardless of how serious the injury is.
Purchasing Motorcycle Insurance
Under Florida law, motorcycle drivers must either purchase motorcycle insurance from an insurance carrier licensed to do business in Florida or get a Self-insurance Certificate from the Bureau of Financial Responsibility. This certificate is issued based on the driver’s net worth. The minimum requirements for motorcycle insurance in Florida are:
- $10,000 for one person for bodily injury liability;
- $20,000 for two or more persons for bodily injury liability; and
- $10,000 per accident for property damage liability.
Motorcycle drivers should always carry proof of insurance or a copy of their self-insurance certificate. Drivers who cannot provide proof of insurance when they are involved in an accident may be subjected to penalties such as license suspension, motorcycle registration and license plate suspension, and fees.
Motorcycle drivers should also consider purchasing uninsured and underinsured motorist coverage as part of their insurance. This coverage will kick in if the driver is involved in an accident with someone who has no insurance or does not have enough insurance to cover all of the damages.
Contact a Trusted Attorney
If you’ve been injured in a motorcycle accident and need assistance navigating the insurance system, you should consult with an experienced personal injury attorney. Contact the trusted lawyers at Abrahamson & Uiterwyk online or call us at 1-800-753-5203 to schedule your free consultation.