Okay, so I’m mad. I ride a bike! Even my grown children yell at me to stop this dangerous pastime. I’m 75 years old and I love it. But there is one problem and that is the motor bike insurance. Choosing the insurance policy is about as complicated as choosing the bike. Here’s what I have learned:

Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. It doesn't cover you or your motorcycle.

Collision insurance covers damage to your motorbike if you are involved in an accident. Your insurance company pays for damages, minus your deductible, caused when you collide with another vehicle or object.

Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. However, just like collision coverage, your insurance company will pay for damages, minus your deductible, and will cover only the book value of the motorcycle. I just discovered that I need to add for all the fancy accessories I have, the chrome parts and the custom paint job.

Uninsured/underinsured Motorist Coverage covers damages to you and your property caused by another driver who either doesn't have insurance (uninsured) or doesn't have adequate insurance (underinsured) to cover your damages.

Many factors can play a role in determining what your insurance costs will be such as your age, your driving record, where you live and the type of motorcycle you own, or being a graduate of a rider-training course. Some companies offer discounts on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation rider course.

Find out what discounts your insurance representative offers. Multi-bike discounts if you’re insuring more than one bike, if you are a member of a motorcycle association, and mature rider discounts for experienced riders, are just a few possibilities. Discounts can range anywhere from 10 to 20 percent, depending on the company and your state.

Keep in mind that the type, style and age of the motorcycle, as well as the number of miles you drive a year and where you store your bike may also affect how much you pay for your premium.

Finally, choose an agent or company that's right for you. If you already have auto insurance, you can contact the same insurer. Otherwise, ask friends, relatives and co-workers where they bought their auto or motorcycle insurance. Your local motorcycle shop may have a company they refer customers to.