the cost of Motorcycle Insurance

Liability Coverage: ($184.90 of annual premium - NOT optional, but a portion of this premium is for PIP)

$25,000 Bodily Injury per person / $50,000 per incident

$25,000 Property Damage

Personal Injury Protection included (this is what pays for YOUR medical bills) - included in Liability premium, but PIP is optional for motorcycles - not optional on cars. It's a major part of the premium, but what would you do if you laid your bike down and got seriously injured? This coverage pays your medical bills and provides some income if you can't work.

Comprehensive & Collision Deductible $250 ($70.26 of annual premium - this IS an optional coverage)

Uninsured / Underinsured Motorist ($7.65 of annual premium - this is NOT an optional coverage)

$25,000 each person, $50,000 per indcident

I'm happy with my motorcycle insurance rates. I should probably drop the comprehensive and collision coverage for such an old bike that I probably wouldn't repair, but for $70 a year, maybe it's worth it. Anyway, I've shopped around and motorcycle insurance premiums can vary A LOT from carrier to carrier, and I think I'm getting a pretty good deal.

Because rates for this type of coverage can vary greatly, it's a good idea to shop around. Also, keep in mind that if there's any male driver in the house under age 25, your rates are going to be higher. Also, if the motorcycle is your only vehicle then your rates will be higher. It's always a good idea to check on the cost of insurance before you buy a motorcycle or any other vehicle.