Florida Motorcycle Insurance

Get a full analysis of Florida motorcycle insurance costs, coverage, and companies.

Ann Herro, Insurance Expert Written by Ann Herro
Ann Herro, Insurance Expert
Written by Ann Herro

Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.

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Young man riding his black motorcycle. Florida Motorcycle Insurance.

Find the Best Motorcycle Insurance Options in Florida

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

If you're a Florida motorcycle owner, remember that Florida law requires you to purchase motorcycle insurance before you can legally ride your bike on public roads. 

A local independent insurance agent can help you find the best motorcycle insurance in Florida for your needs and budget. These agents can answer your questions and help you compare free quotes from multiple insurance companies.

Best Motorcycle Insurance Companies in Florida

There are a lot of options for motorcycle insurance in Florida. How can you make the best choice? 

The following are some of the best motorcycle insurance companies in Florida. They are highly rated for their mix of valuable coverage offerings and competitive pricing. 

  • Progressive: Progressive is based in Ohio but offers motorcycle insurance across all 50 states, including Florida. Florida residents can look to Progressive for most of their personal insurance needs. 
  • Foremost Insurance Company: Foremost was founded in 1952 and offers a wide range of coverage, including motorcycle insurance, in 50 states.
  • Safeco: Safeco has been protecting individuals and families since 1923. The company offers motorcycle insurance in Florida, as well as a comprehensive range of other personal insurance policies. Working through independent agents, Safeco makes it easy to get the best mix of coverage and pricing.
  • Nationwide: Nationwide provides motorcycle insurance and other popular types of personal insurance coverage in Florida. The company is headquartered in Columbus, OH, and is represented by independent insurance agents in 50 states. 

An independent insurance agent in your area can help you learn more about these and other Florida motorcycle insurance companies. A local agent can help you get competitive quotes for the coverage that fits your needs.

Is Motorcycle Insurance Required in Florida? 

In most states, the motorcycle insurance requirements are identical to the car insurance requirements. In Florida, however, the insurance requirements for motorcyclists can be confusing. The car insurance and motorcycle insurance laws in Florida differ. 

Motorcyclists are subject to Florida’s Financial Responsibility Law. It requires you to carry liability insurance that meets or exceeds the following coverage limits. 

  • Bodily injury liability: $10,000 per person/$20,000 for two or more persons
  • Property damage liability: $10,000 per accident

Bodily injury liability insurance covers you if you are at fault in an accident and someone other than yourself is injured. Property damage liability insurance covers damage to another person's vehicle or property in an accident that is your fault.

Although liability coverage is mandatory, it’s a good idea to carry higher liability coverage limits and additional coverage options that extend to you and your motorcycle. 

Your independent insurance agent can help you learn more about the requirements for motorcycle insurance in Florida. 

What Does Motorcycle Insurance Cover in Florida?

We know that all motorcycle insurance policies in Florida must include a certain amount of motorcycle liability coverage. Other than increasing your liability limits to ensure you can appropriately compensate other parties if you cause an accident, it's a good idea to protect yourself against injury and your motorcycle against theft and damage. 

Consider that there are typically over 4,000 motorcycle thefts reported in Florida in a given year. If you don’t purchase certain types of coverage, you’ll have no financial recourse for repairing or replacing your stolen bike. 

These are the additional types of motorcycle insurance coverage that you may want to consider to better protect your investment in your bike:

  • Collision coverage: Protects your motorcycle if it is damaged in a collision
  • Comprehensive coverageCovers your bike in the event of a non-collision incident, such as theft, vandalism, hail, and more
  • Uninsured/underinsured motorist coverageProvides coverage for you if you're in an accident with someone who is uninsured or whose insurance does not cover the full extent of the damage to you or your motorcycle
  • Medical payments: Offers you and others who ride with you medical and hospitalization payments if injured

Other optional motorcycle coverage includes loan/lease coverage, motorcycle gap insurance, guest passenger liability, towing and labor (or roadside assistance), and rental reimbursement coverage. 

You might also need additional coverage if your bike has custom parts and accessories. Most basic motorcycle policies will only cover factory standard parts. 

A local independent insurance agent can help you decide which types of Florida motorcycle insurance coverage are right for you. 

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What Does Motorcycle Insurance Cost in Florida? 

The average annual cost of motorcycle insurance in Florida is around $911. However, your premiums may be higher or lower than average, depending on certain risk factors and the types of coverage that you purchase. 

A policy with more robust coverage and higher coverage limits will cost more than a policy that covers the bare minimum. 

What’s more, insurance companies will consider your age and driving record, your credit score, where you live and travel, whether you ride year-round or just seasonally, the make and model of your motorcycle, and any custom components you have added to your bike. 

A more expensive bike or a riskier riding profile will likely result in more costly motorcycle insurance. By getting multiple quotes for motorcycle insurance in Florida, you can find the policy that offers the best protection for your budget. An independent insurance agent can help. 

How to Find the Best Motorcycle Insurance Quotes in Florida

Instead of getting an online quote for Florida motorcycle insurance, find an independent insurance agent now and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.  

What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.

Florida Motorcycle Insurance FAQs

Motorcycle insurance helps you pay for property damage and medical costs if you cause an accident while driving your motorcycle or if your bike is stolen or damaged in another way. 

That alone is reason enough to purchase motorcycle insurance. If you cause an accident and don’t have coverage, you’d still be required to pay for any injuries you cause or other vehicles or property that you damage. If you’re sued, the cost to defend yourself alone is likely insurmountable, and that’s before any financial settlements or court-ordered judgments you could be required to pay. 

Aside from protecting your own assets and being able to help people who you’ve harmed, motorcycle insurance is necessary because most states require motorcycle owners to purchase a minimum amount of liability insurance or face fines or other consequences.

Yes, motorcycle insurance is required in Florida, according to the state's Financial Responsibility Law. 

All motorcycle insurance policies in Florida contain the minimum amounts of motorcycle liability insurance. In addition, you can choose from the following types of optional coverage: 

  • Collision coverage: Protects your motorcycle if it is damaged in a collision
  • Comprehensive coverageCovers your bike in the event of a non-collision incident, such as theft, vandalism, hail, and more
  • Uninsured/underinsured motorist coverageProvides coverage for you if you're in an accident with someone who is uninsured or whose insurance does not cover the full extent of the damage to you or your motorcycle
  • Medical payments: Offers you and others who ride with you medical and hospitalization payments if injured

Other optional motorcycle coverage includes loan/lease coverage, motorcycle gap insurance, guest passenger liability, towing and labor (or roadside assistance), and rental reimbursement coverage. 

You might also need additional coverage if your bike has custom parts and accessories. Most basic motorcycle policies will only cover factory-standard parts. 

Florida state law mandates that a motorcycle owners carry liability coverage up to the following minimum limits:

  • Bodily injury liability: $10,000 per person/$20,000 per accident
  • Property damage liability: $10,000 per accident

Bodily injury liability insurance covers you if you are at fault in an accident and someone other than yourself is injured. Property damage liability insurance covers damage to another person's vehicle or property in an accident that is your fault.

The average annual cost of motorcycle insurance in Florida is $911. Motorcycle insurance premiums vary based on a variety of factors including:

  • Your age and driving record
  • Your credit score
  • Where you live
  • Your motorcycle’s make, model, and horsepower
  • Whether your motorcycle has any custom components
  • The age of your motorcycle
  • How many miles you drive your motorcycle in a given year
  • Where you typically drive your motorcycle
  • Where you store your motorcycle when it is not in use

Discounts might be available for those with more than one motorcycle or those who belong to a motorcycle organization. Your experience riding a motorcycle and graduating from a safety course can give you immediate discounts. In addition, many insurance companies offer mature rider discounts.

SafecoForemostNationwide, and Progressive are some of the best motorcycle insurance companies in Florida. They are highly rated for offering broad coverage, top-notch customer service, and a variety of affordable options.

There is no such thing as a one-size-fits-all motorcycle insurance policy. Comparison shopping is the best way to make sure you're getting the best coverage for your needs. 

A local independent insurance agent can help you find a competitively priced Florida motorcycle insurance policy that meets your state’s coverage requirements. Contact an agent in your area to begin comparing customized quotes.

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