In most states, auto insurance is a requirement. However, in the state of Florida, the laws are a bit different; you don’t need an insurance policy to ride a motorcycle. Though PIP insurance coverage protects you in the event of an accident, you may face financial ruin if you don’t have motorcycle coverage. Here, you’ll learn why motorcycle insurance coverage is so important.
Why Should You Have Motorcycle Insurance in the State of Florida?
According to Florida’s laws, motorcycle owners can register their vehicles without insurance. In case of an accident, though, the owner is financially responsible if they’re charged after an accident. You can choose one of these options:
- A certificate of financial responsibility
- A self-insurance certificate from the appropriate state agency
- Liability insurance from any state-licensed insurance company
If you want to stay safe on the road, you’ll need some sort of motorcycle insurance policy in Naples, FL.
No-Fault Coverage for Motorcyclists: Does it Exist?
In Florida no-fault coverage handles medical bills regardless of who causes an accident. However, the law doesn’t apply to motorcyclists. After an accident, you’ll have to seek compensation for your:
- Medical bills
- Lost income
- Property damage
- Pain and suffering
It can be difficult to prove your damages if the other driver doesn’t have liability coverage. A motorcycle insurance policy in Naples, FL, can protect you from the one in four Florida drivers that don’t have liability insurance. Call Forsythe Insurance Services or Visit the website to receive a quote on motorcycle, auto, home, or life insurance coverage.
