About 12.8% of the population of Florida owns a motorcycle. Indeed, Florida is the 2nd state with the most motorcycles registered in the United States giving you more choices for motorcycle insurance coverage. This state, however, has specific motorcycle insurance requirements. How much is a motorcycle insurance coverage in Florida?
Motorcycle insurance in Florida
The state of Florida has its peculiarities when it comes to motorcycle insurance. These are minimum requirements for accident damage coverage. You must have the liability insurance that you absolutely need. For an accident involving bodily injury to a person, the cost will be $10,000. An accident involving bodily injury to two or more people will cost you $20,000. And for an accident causing property damage, the coverage will cost $10,000. If you have a good driving record, you will be able to access an average price quote of $690.91.
It is advisable to wear a helmet for your safety, but in Florida, it is possible not to wear one. To do this, you must be at least 21 years of age and have medical insurance coverage of at least $10,000 for injury in the event of an accident. This insurance is optional if you always wear your helmet. For a one-year insurance policy, you will receive quotes ranging from less than $200 to over $1,300 depending on your personal situation.
Motorcycle insurance rates
You can subscribe to several types of insurance or coverage including deductibles. The deductible is the amount you can pay for each accident. This deductible is defined in multiple of $250. Insurance companies will allow you a deductible of $1,000 as the number of the risks in which you personally incur your liability. Normal coverage includes protection against personal injury and collisions. You must add another level of liability for much higher personal property coverage in this state than elsewhere.
Progressive: motorcycle insurance
It is a standard progressive motorcycle insurance policy that allows you to have above-average coverage for the state. But this standard coverage can additionally pay for repairing your damaged motorcycle by replacing old parts with new ones if you agree to pay an additional annual cost. With this coverage, you won’t have a ding on your driving record or even a rate increase for at least $500 of claims.
Progressive provides you with a range of options to add to your insurance policy. You’ll spend $970 for a one-year quote. You can be exempt from a first accident if you have spent 4 consecutive years without an accident. Particularly for military personnel, the USAA company offers a range of options and quite interesting reductions, in particular with a 5% reduction on the total price of the insurance policy. This company will offer you 24-hour roadside assistance in its one-year insurance quote that will cost you $478.