Florida's motor vehicle bureau requires every motorcyclist who lives within the state's borders to obtain motorcycle insurance. Like regular drivers, riders must carry certain "minimum coverages" that offer financial protection for reasonable expenses related to property damage, medical bills, injuries to uninsured motorists, and post-accident lawsuits and arbitration proceedings. In practice, this sets a "floor" for motorcycle insurance prices in Florida. Unless you're very lucky, it's unlikely that you'll be able to obtain Florida-based motorcycle insurance at an annual cost of less than $300 per year. In fact, it's likely that your total annual premiums will be significantly higher than this amount.
Ultimately, your insurance costs will depend upon a wide range of factors. Geography is incredibly important: For a number of reasons, motorcycle insurance is relatively expensive in the Sunshine State. In general, states with relatively high property-crime and accident rates are pricier than "safe" states. Since this is often a function of population density, it follows that motorcyclists who live in heavily-populated states like Florida must pay a "risk premium" to insure their bikes.
Weather is a corollary to the so-called "geography factor." In northern states, it's not feasible to ride a motorcycle during the winter months. As such, riders who live in places like Minnesota and Vermont may receive substantial breaks on their year-round insurance costs. In these places, insurance companies explicitly prohibit riders from using their bikes during the winter. Those who fail to adhere to these rules are liable to be dropped from coverage.
Of course, winter-riding restrictions aren't an issue in Florida. As such, your motorcycle insurance policy will permit you to use your bike during every month of the year. Unfortunately, this will raise your insurance costs: As you might expect, a six-month Minnesota policy might cost half as much as a 12-month Florida policy.
In addition, your demographic profile and driving history will pay a major role in determining your insurance costs. If you're a relatively young, inexperienced rider, you may need to pay a "risk premium" of 100 to 200 percent on your policy. As you age, your premiums will slowly drop towards the statewide median. Likewise, any traffic citations or accident reports will contribute to a sharp rise in your premiums. Unlike some auto insurance providers, motorcycle insurance companies tend to levy stiff financial penalties on "risky" riders. If you receive multiple traffic citations, your policy might quickly become unaffordable.