Liability insurance coverage: Required by most states, liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. 

Bodily injury liability: Typically covers the other driver or your passenger’s expenses such as medical bills, lost wages, and pain and suffering. 

Property damage liability:Typically covers the expense of repairing damage to others’ property (vehicles, homes, fences, etc.). 

Collision insurance coverage: Collision insurance covers damage, minus your deductible, to your motorcycle if you are involved in an accident. Keep in mind that collision insurance usually covers the motorcycle's book value before the loss occurred.

Comprehensive insurance coverage: Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. However, just like collision insurance coverage, your policy will pay for damages, minus your deductible, and will cover only the book value of the motorcycle.

Uninsured/Underinsured motorist coverage: Uninsured/underinsured motorist insurance coverage covers damages to you and your property caused by another driver who is uninsured or underinsured. This coverage typically pays for medical treatment, lost wages and other damages. 

Optional equipment coverage: If you decide to customize your motorcycle, you should obtain additional or optional equipment coverage. Most comprehensive and collision insurance coverages will only cover the factory standard parts on your motorcycle.

Your chosen coverage limits

The value of your bike

Your driving accident history

Your history of claims on other motorcycle policies

Where you live

How far you drive each year