5. What is the cost of repair of your own motorcycle. Overall, depending on the financing situation gap insurance can provide some excellent financial security to motorcycle buyers purchasing their motorcycle with a motorcycle loan. However, each motorcycle buyer's situation is different and the above five factors can be helpful in determining if gap insurance is probably a good idea to shop around with quite significant savings being obtained if you select the right insurance company. Save yourself some time by doing a lot of the work on the internet, it will be quicker and easier to compare polices and most motorcycle insurance companies out there with quite a significant range of prices for what can prove to be essentially a similar package. A motorcycle is an economical means of transportation, when compared to other engine powered vehicles. Because of the smaller engine, a motorcycle offers good mileage and is convenient to use for errands. It is easy to park and is great in traffic jams; one can easily maneuver