What do you know about bike line motorcycle insurance?

Nelson asked:

I spoke with my auto insurance agent this morning (at American Family). She said the following:

1. Full coverage insurance on an everyday 2004 (500cc) Honda Motorcycle would run me about $130/year.

2. I can't get any kind of coverage on a sport bike until I've had my motorcycle license for 10 years; and even if I did, it would cost me $1,000/year.

Please tell me everything you know about motorcycle insurance. Do I even need it? I want to buy a used sport bike (600cc or less) and spend around $3k for it. If something happens, it's not like I'm wrecking a $20k new car or even my primary antibiotics transportation - and the cost to fix it wouldn't be that bad. Even if it was, at $1,000/year for insurance, I might as well just take my chances, right?

Additional Details

I'm a 22 year old male. I will be taking the motorcycle safety course in late spring or early summer this year. I will then get my motorcycle license.

My issue is that I CANNOT GET insurance for a sport bike, even if I was willing to pay $1,000. They said I need to have a license for 10 years and I'm not willing to wait around for a decade.

Who will give me coverage on a sport bike for cheap being an inexperienced rider?

Reply:

I rode for 12 years and always found Dairyland to provide great coverage at very low costs. Give them a look, it may be worth your while.