In the world where the more insurance coverage you carry, the fewer laws you break, it would make sense if motorcycle insurance was required in Florida. But is it? Well, technically, you are not required to purchase motorcycle insurance coverage if you own a bike in Florida, but it is not that simple.
It is highly advised that you carry motorcycle insurance coverage, because in the event of a motorcycle accident, you could be left with no coverage whatsoever if you get injured.
Today, we invited our Aventura motorcycle accident attorney from the Neufeld, Kleinberg & Pinkiert, P.A., to tell you more about the importance of carrying motorcycle insurance in Florida.
Under Florida law, owners of motor vehicles are legally required to carry personal injury protection (PIP) coverage. However, this requirement does not apply to motorcyclists in Florida. Sadly but true, many motorcycle owners in Aventura, Hollywood, Hallandale and elsewhere in Florida wrongly believe that carrying the PIP coverage for their car will also provide them with coverage in the event of a motorcycle accident.
“This misconception can be very dangerous, as it can leave you with no insurance to cover your damages and losses after a motorcycle accident,” explains our experienced motorcycle accident attorney in Aventura.
However, just because motorcycle riders are not required to purchase PIP coverage, in no way does it mean that there is no insurance coverage available for motorcyclists in Florida. If this was the case, it would not make any sense considering how costly motorcycle accidents tend to be largely because of the severe injuries to the motorcyclist.
Even though you are not required to purchase PIP coverage as a motorcyclist in Florida, many insurance companies in Florida offer a variety of other policies that cover motorcycle riders in motor vehicle accidents. If you do choose to purchase PIP coverage for your motorcycle, the insurance company will typically cover up to 80 percent of your medical expenses and up to 60 percent of the loss of income.
To be eligible to receive PIP benefits after a motorcycle accident, you are legally required to seek medical attention within 14 days of the date of the motorcycle accident in Aventura or elsewhere in Florida.
Many motorcyclists in Florida also benefit from purchasing uninsured/underinsured (UM/UIM) coverage, which covers them when the other party in a motorcycle accident:
Carrying UM and/or UIM coverage is of great importance in Florida considering how many uninsured drivers we have in our state as well as how many at-fault drivers choose to leave the scene of a motorcycle accident.
While many in Florida believe that liability coverage is required by state law, it is not. However, by carrying no liability coverage, you expose yourself to a plethora of consequences such as losing your driver’s license, tag, or registration. In addition to that, if you were at least partially to blame for the accident, you will be ordered to pay restitution for any injuries caused to the other party. Besides, insurance rates will likely skyrocket. And do not forget that if you are also injured in that accident, you will have to pay for your own medical bills out of pocket.
With a Aventura motorcycle accident attorney by your side, you will be able to recover damages such as medical expenses, loss of income, loss of earning capacity, as well as pain and suffering, among many other damages.