Motorcycle owners should have the proper motorcycle insurance for their bike. They also need to obtain a policy that will allow them to ride legally. These policies are specifically for vehicles with two or three wheels. There are three-wheeled car-like vehicles that can be insured with these policies, but most people use it for bikes.
Most states require motorcycle owners to have insurance to ensure that they can legally ride on public roads. If you drive a motorcycle without the proper coverage, then you are illegally operating your bike.
Coverage comes in handy when you have an accident or your bike is stolen. Since the bike is valued by the insurance company, they will pay for the bike at its current value or give you a check for repairs.
You can get collision or comprehensive coverage in addition to liability coverage. Collision coverage allows you to repair the bike or replace it. With comprehensive coverage, you can pay for a rental.
Motorcycle insurance allows you to legally ride your bike. If you are in an accident, then you will have the insurance company on your side.