Florida Motorcycle Insurance, What Does It Cover?
Florida motorcycle insurance is not mandatory for riders. However, it does not imply you can ride around without any coverage. Having no coverage at all is way too risky. Just because a policy isn’t required doesn’t mean you can get by with none. Do you really want to risk losing everything you have?
What do I need to know about motorcycle coverage?
There are quite a few things that you should understand about motorcycle coverage according to https://floridainsurancequotes.net/motorcycle-insurance-quote/. First and foremost, Florida is a state that has no fault coverage. This means a policy pays for the medical care required for an injury and property damage caused in an accident regardless of whose fault it is. An insured rider may or may not be at fault. The insurance company will pay anyway.
As a motorcyclist it is your duty to make sure you have proper coverage. Ensuring you have proper coverage is as easy as collecting a Florida motorcycle insurance quote. Keep in mind the state has some minimum requirements. Motorcycle insurance Florida residents purchase should provide coverage of ten thousand dollars each for bodily injury liability of a single person and property damage liability caused per crash.
If bodily injury liability is required for more than one person, who is usually the insured, then a relevant policy should be opted for and the premium will increase. There is a minimum coverage requirement for bodily injury liability of two people. This is twenty thousand dollars according to https://floridainsurancequotes.net/motorcycle-insurance-quote/. If the coverage for bodily injury liability of one person is increased from the minimum requirement of ten thousand dollars, then the premium will increase too. The same applies to increasing the coverage for property damage liability per crash.
FL motorcycle insurance is a no fault policy so insured riders will get the coverage even if they are at fault. If another rider or driver is at fault, then to an insured person can claim the coverage of their own policy. The state does have a provision where compensation cannot be sought from the at-fault rider or driver, unless there is a severe accident that has caused serious injury and/or property damage. If the injury and property damage get paid for with a policy, then a rider does not get to claim any compensation from the at-fault driver. If there are lost wages, unpaid medical bills, immense pain and suffering among other troubles, then one must pursue the other party and their company to claim financial compensation for the damages.