If you own a motorcycle, then you’ll want to have motorcycle insurance coverage. In fact, it’s likely that you need coverage in order to legally drive your motorcycle on public roads. Considering that, there’s no reason to avoid having insurance. Not only is it the law, but it will benefit you should you get into an accident or need to make repairs or replace your bike.
If you’re worried about the cost, don’t be. When you are buying coverage, remember that you can adjust your deductible to lower your premium. The deductible can be increased so that you have a lower monthly premium. The premium is what you pay to keep the policy active. The deductible is only paid when you file a claim. But if you want a low deductible, then you will have to accept a higher premium.
In any case, having insurance coverage is important. Even if you only have liability, that’s better than nothing. At least in that case you will receive financial assistance should you cause damage to someone else.