Motorcycle Insurance: Get in Florida or Nationwide
Having insurance for your motorcycle is important no matter where you live. Whether you live in Florida or anywhere else in the United States, having the right motorcycle insurance is a must. Here are some tips for finding the right coverage.
Florida Motorcycle Insurance Requirements
In Florida, motorcycle owners are required to carry at least $10,000 in Personal Injury Protection (PIP) coverage. This coverage pays for medical bills, lost wages, and other expenses related to injuries suffered in a motorcycle accident. In addition, you must carry at least $10,000 in Property Damage Liability (PDL) coverage, which pays for damage you cause to another person’s property.
You are also required to carry Bodily Injury Liability (BIL) coverage, which pays for injuries you cause to another person. The minimum amount of BIL coverage required in Florida is $20,000 per person and $40,000 per accident.
In addition to the required coverages, there are a few optional coverages that you may want to consider for your motorcycle. These include Uninsured/Underinsured Motorist (UM/UIM) coverage, which pays for medical bills and other expenses if you are hit by an uninsured or underinsured motorist. You may also want to consider Collision coverage, which pays for damage to your motorcycle if you are in an accident. Comprehensive coverage, which pays for damage to your motorcycle due to theft, vandalism, fire, or other non-collision-related incidents, is also an option.
Finding the Right Coverage
When it comes to finding the right coverage for your motorcycle, it is important to shop around and compare rates from different companies. This will help you find the best coverage for the best price. You can also ask friends and family for recommendations, or consult with an independent insurance agent to help you find the best coverage for your needs.
Nationwide Motorcycle Insurance
If you live outside of Florida, you may be able to find motorcycle insurance through a nationwide insurer. Nationwide insurers are usually able to provide coverage in all 50 states. The coverage requirements and optional coverages may vary from state to state, so it is important to check with your insurer to make sure you have the right coverage for your state.
Tips for Finding the Best Rates
When shopping for motorcycle insurance, there are a few things you can do to help ensure you get the best rates. Here are a few tips:
- Shop around and compare rates from different insurers.
- Ask about discounts for safe riders, multiple policies, and good credit.
- Raise your deductible to lower your premiums.
- Ask about discounts for safety features, such as anti-lock brakes.
No matter where you live, it is important to have the right coverage for your motorcycle. Shopping around and comparing rates from different insurers is the best way to make sure you get the best coverage at the best price. Be sure to ask about discounts and safety features to get the most out of your motorcycle insurance.