At Florida Motorcycle Insurance, we think that bikers shouldn’t have to suffer from extravagant rates. The only approach to discover the lowest price on Panama City motorcycle insurance is to evaluate the policies made available from leading insurance providers. Please be sure to enter your zip to begin searching for the ideal premiums, or read the following to discover the ins and outs of motorcycle insurance in Panama City, not to mention all of Florida.
Motorcycle Insurance Laws: Florida
In Panama City, FL motorcycle liability insurance is not optional. Liability coverage pays the cost of your legal defense, as well as the cost of any damages for which you are found legally responsible in an accident where you are charged with injuring another person or damaging his or her property. The state has laid out the minimum liability maximums. There are three minimum liability limits laid out:
- $10,000: Liability Coverage for Personal Injury to a Single Party in an Accident
- $20,000: Liability Coverage for Personal Injury to All Individuals in an Accident
- $10,000: Liability Coverage for Damage to Property
If price is your first priority, only insuring yourself up to these minimums is what you want. However, intelligent policyholders opt for more than this. After all, The Insurance Research Council will tell you that 11% of Florida drivers don’t have insurance. You may want to consider Uninsured Motorist insurance to ensure that you’ll be covered in the event that the other driver isn’t insured.