How Much Does It Cost to Insure a Motorcycle in Florida?

how much does it cost to insure a motorcycle in floridaFlorida is a motorcycling paradise. Here, bikers can ride 365 days a year along beautiful sandy beaches with pristine ocean views. Yet, motorcyclists pay a steep price for this freedom in Florida. According to recent statistics, Florida bikers pay some of the highest insurance premiums in the country. If you’re looking to insure your motorcycle in the Sunshine State, you can expect to pay an average of $689 a year for your insurance – 33% higher than the national average.

In Florida, there is one motorcyclist on the road per 33 car drivers. More motorcyclists plus more motorcycling days a year means that insurance companies can charge more for insurance here, compared to other states like North Dakota whose bikers pay just $283 per year for their insurance.

Factors That Affect Motorcycle Insurance Rates

When purchasing motorcycle insurance in Florida, the amount of coverage you purchase will have a direct effect on your premiums.

Florida requires all riders to carry a minimum of

  • $10,000 for single bodily injury
  • $20,000 for two or more people bodily injury
  • and $10,000 per crash for property damage liability

However, insurance experts agree that motorcyclists should purchase additional coverage to protect themselves after an accident.

Your driving record will also have a direct effect on your motorcycle insurance premiums. If you’ve been involved in accidents or have received numerous traffic tickets or moving violations, you can expect to pay higher premiums than someone with a clean and safe driving record.

There are numerous other factors that could affect your insurance rates in Florida. Some of those include:

  • Where you live – Depending on the Florida city you live in, you could pay higher premiums. The city in Florida with the most affordable motorcycle insurance was Deltona where rates were 30.3% lower than the state average. Tallahassee and Daytona Beach were also in the top five cities for lowest rates. Where was the most expensive? Motorcyclists in Hialeah, Miami Gardens, and Miramar pay the most when insuring their motorcycles.
  • Your age – Insurance companies, like Progressive, base their rates on the age of the rider as well as how long they’ve been riding. Younger bikers in general will pay higher premiums because they may not be as mature as older riders. However, older riders with just a few months of motorcycle experience will pay significantly more in premiums than a younger rider who has been riding a motorcycle for a decade.
  • Type of motorcycle – The type of motorcycle you are insuring can have an effect on your rates. In general more expensive motorcycles will cost more to repair and replace, so they will also cost more to insure. Bikes with safety features, such as anti-lock brakes, will be cheaper to insure than those lacking safety features. Sport and supersport bikes are generally more expensive to insure because they are high theft targets.

Contact Our Tampa Motorcycle Accident Lawyers Today

If you or someone you love has been injured in a motorcycle accident, it is important to know that you are not alone. Motorcyclists need experienced legal help from the start. At Armando Personal Injury Law, our Tampa motorcycle accident lawyers can help you and your family during this difficult time.

Contact Armando Personal Injury Law at (813) 538-1589 or fill out our confidential contact form. We have offices in Tampa, Fort Lauderdale, and Lakeland, Florida and we offer complete legal assistance every step of the way.


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