According to the National Safety Council, a motorcycle accident that causes serious bodily injury happens every 14 seconds in the U.S. On top of that the Insurance Crime Bureau Statistics estimate that between 20-25% of motorcycles that are stolen are never recovered. These two factors alone provide enough prominent reason to insure your motorcycle.
Motorcycle insurance, like auto insurance provides liability and comprehensive coverage to your bike along with insuring your personal items like a helmet. It also provides medical coverage in the case of an accident and you need to be taken to the hospital. Some factors that are considered when rating a policy include the age of the rider as well as the age and make of the motorcycle being insured. Newer models and younger riders tend to generate a higher rate.