Florida Motorcycle Insurance

Make sure your bike is properly insured before you hit the open road.

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to TrustedChoice.com.

Young man riding his black motorcycle. Florida Motorcycle Insurance.

Florida is a great place for motorcyclists. From the Ozella Trail Ride to the Daytona Loop, there are many scenic and enjoyable roads to take your bike out on. That may explain why there are nearly 600,000 motorcycles registered in the Sunshine State.

Florida law requires you to purchase motorcycle insurance before you can legally ride your bike out on public roads. Local independent agents can help you find a suitable policy at a competitive price. Find an insurance agent near you to start comparing customized motorcycle insurance quotes.

How Much Does Motorcycle Insurance Cost in Florida?

The average cost of motorcycle insurance in Florida is $911 a year. Of course, rates are calculated individually, so this average can only give you a general idea of what you might be expected to pay.

Here are some factors that can influence how much your policy will cost.

  • Your bike’s make, model, and year and its current assessed value
  • Your age and occupation
  • How many years of riding experience you have
  • Your traffic citation history, both while riding and while driving
  • The estimated number of miles you put on your bike each year
  • The size of your deductible

Contacting a few competing insurance providers to request customized quotes enables you to choose the policy that is offered at the most affordable price. Independent agents make comparison shopping easy.

Is Motorcycle Insurance Required in Florida?

When it comes to laws regarding motorcycle insurance requirements in Florida, things can get pretty confusing. Searches on the internet will turn up a number of sites showing that coverage is not required at all as well as sites stating that you must carry liability insurance.

So, which is correct?

The truth is that you do indeed need to carry motorcycle insurance. The reason some people are confused is because Florida’s car insurance requirements do not include motorcycles. However, motorcycles are subject to Florida’s Financial Responsibility Law.

This law requires you to carry liability insurance, which is designed to cover any property damage or injuries done to others if you cause an accident while on your motorcycle. Your policy must meet or exceed the following coverage amounts.

  • Bodily injury liability coverage
    • $10,000 per person
    • $20,00 per accident
  • Property damage liability coverage
    • $10,000 per accident

All other motorcycle coverage is optional.


Better Motorcycle Insurance

Our independent agents shop around to find you the best coverage.

What Else Can Motorcycle Insurance Cover?

In addition to the liability coverage that you are required to have, most insurance companies will offer a selection of coverage options. These can include the following.

  • Collision and comprehensive insurance: These can pay for loss or damage to your bike.
    • Collision insurance: This covers repair or replacement costs if your motorcycle is damaged in a collision, regardless of fault. 
    • Comprehensive insurance: This covers repair or replacement costs if your motorcycle is lost or damaged in a non-collision event like a flood. It can also cover against bike theft. In a state where about 4,000 motorcycles are stolen every year, this can prove vital.
  • Custom parts insurance: This increases the assessed value of your bike if you have added any customized accessories or equipment to it. That way, if it is totaled in a covered event, you will be compensated for the true value of your ride.
  • Person injury protection (PIP) insurance: This covers medical bills for any treatments needed by you and your passengers if you are injured in an accident, regardless of fault. Although PIP is required for car insurance policies in this state, it is not required for motorcycles.
  • Uninsured motorist insurance: This covers property damage and injuries if you are hit by an uninsured driver while on your bike. This saves you from the need for you to go through lengthy legal channels to collect the compensation you deserve.
  • Towing and roadside assistance insurance: This covers the cost of assistance If your motorcycle becomes disabled while you are out on the road.

Take the time to review the details and costs of each of your various options so you can make an informed decision about which are a good fit for you.

Are There Any Discounts Available for Florida's Motorcyclists?

Many motorcycle insurance providers in Florida offer discounts and incentives to qualifying policyholders. For instance, you may be able to lower prices on your coverage by doing the following.

  • Completing a certified motorcycle safety course
  • Having a membership in a qualifying organization or riding association
  • Paying your full annual premium upfront
  • Bundling your motorcycle insurance with other policies like car insurance, homeowners insurance, or renters insurance

A good insurance agent will have your best interests at heart and will ensure that your policy includes all the discounts that you qualify for.

How Can an Independent Insurance Agent Help?

Whenever you are looking for any type of insurance coverage, you can benefit from turning to a local independent agent for help. These agents work for you, not for a particular insurance provider, so they can shop around to find the best policy to meet your coverage and budgetary needs.

There are nearly 1,600 independent insurance agencies in Florida, so it should be easy to find an agent near you. Contact one of these experienced insurance agents to arrange an obligation-free consultation.

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