Different rules affecting motorcycle insurance in Florida are often overlooked by DUI drivers and insurance agents. First of all, this type of policy can be used to secure the FR44 filing with the Florida Bureau of Financial Responsibility. Furthermore, State mandated Personal Injury Protection (PIP) coverage is not required for vehicles with less than four wheels. These rulings greatly decrease the cost and make qualifying for a motorcycle policy easier. This is a practical and lower cost method to comply with a Florida FR44 filing and is often welcomed news for convicted drivers.
Florida No-Fault law regulates mandatory PIP insurance coverage for cars and trucks, while exempting motorcycles. These benefits extend to relatives and household residents, and are payable in a wide array of circumstances without regard to fault. Naturally, claims occur frequently, however, rampant fraud and abuse brings a torrent of illegitimate and overstated PIP claims. In response, companies require applicants of car and truck policies to disclose all residents and vehicles in their household for review. They are scrutinized for eligibility and rate calculation. A motorcycle insurance policy, being exempt, avoids the underwriting hassle and inflated expense of Florida No-Fault altogether.
The amount you pay for a motorcycle policy depends on the type of bike, your age, place of residence, driving history, credit history, and type of coverage. Many insurance companies assign surcharge points for DUI in the same way as with a major speed or at fault accident causing only a modest rate increase. The administrative cost to add a filing is just $15.00. However, Florida FR44 insurance requires elevated liability limits of 100/300/50 causing a big rate hike to anyone accustomed to maintaining the usual State minimum of 10/20/10. Motorcycles inflict less damage than cars or trucks in an accident and therefore liability coverage cost less for them. A motorcycle policy will decrease or eliminate any rate increase a driver would pay to elevate their liability on a car or truck policy.
When looking for motorcycle insurance you can easily get free quotes online or over the phone in just a few minutes. Talking to a licensed and experienced insurance agent or other qualified expert about coverage, tailored to you, is a good idea. You should only get quotes from insurance companies that are reputable, so check their rankings at organizations like A.M. Best and Standard and Poor. In order to complete a fair and thorough comparison secure three to five quotes and always give the same exact information to each company. Before choosing, contact the Florida Office of Insurance Regulation or the Florida Department of Financial Services to make sure the company is authorized and has limited complaints on file.
The elimination of PIP along with lower liability rates and easier qualifying makes a Florida motorcycle insurance policy a sensible choice for DUI drivers. Some companies will decline DUI applicants and others may cancel policies' of existing clients. On the other hand, there are many that compete vigorously for new policies with FR44 filings. A smart shopper can easily secure affordable Florida FR44 insurance, especially with a motorcycle policy.
Additional detailed Florida FR44 information, along with common questions and answers, for DUI drivers and insurance agents can be found at http://floridafr44.com
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