I find it hard to believe that you can ride anywhere without liability insurance. Maybe someone can confirm for Florida?
If so, riding without it is plain stupid. For the bike, if it's on finance you need full coverage - there's nothing worse than making payments on a bike that's wrecked. Otherwise, try to balance the premium against the value of the bike. If it's new or not too old it's worth having full coverage. If it's an old beater, it isn't.
Weebel - liability if you paralyse somebody could run to maybe 10 - 15 million dollars a years for continuing care for the next 40 or 50 years. You can cause that kind of damage in the sort of collision where your yourself can just get back on the bike and ride on.
I'm definitely not going to get full coverage on the bike, as it will be at most a $3000 bike. I'll be buying used, and might end up going with an older model 250 to really save some money. I've seen them going for $1500 or less. I may get comprehensive just because I live in a student housing apartment complex and it could be a potential theft target.
I can certainly swing like $250k in liability, but as far as millions in liability, I dont know exactly how one could prepare for something like that.
I've read from multiple people that MC's dont need insurance in FL.
Yeah, I'm friends with a police officer who says the same. If however you choose to ride without a helmet you must carry proof of $10,000 of medical insurance for yourself, a drop in the bucket for the type of expenses that can result from a helmetless accident
. This is irrelevant to me, one, because I always plan to ride ATGATT, and two, if you're under 21 you're bound by law to wear a helmet, indicated by a nice little marking on your tag that says "UNDER 21"