Many people believe motorcycles do not need to be insured in the State of Florida, but this is not accurate.
Although motorcycles are treated differently under the standard Florida No-Fault insurance requirements than automobiles, Florida Statue 324.021 states that motorcyclists are required to carry $10,000 in property damage liability coverage on their motorcycles. This coverage provides compensation to the party whose vehicle the motorcyclist causes damage to should it be determined the motorcyclist is the at-fault party in an accident.
Additionally, under Florida Statute 324.021 every motorcyclist is required to purchase $10,000 per person and $20,000 per occurrence, in bodily injury liability coverage. This coverage compensates an injured person should it be determined the motorcyclist caused injury as a result of an accident.
Since the Florida No-Fault Law excludes motorcyclists from being required to carry personal injury protection coverage, many people think there is no requirement for a motorcycle to carry any kind of coverage. This is a mistake. If a motorcyclist does not purchase the two coverages described above and is involved in an accident, then the state can suspend the motorcyclist’s driver’s license due to non-compliance.