Yup.
I've never carried more than liability on any vehicle in the last 15 years or so. Unless you're accident prone, you might as well save the insurance premium you would have spent and fix it yourself if there's damage. I'd be afraid to claim most minor things because they will be keeping a record of how accident prone you are and they might raise your premium. Then you have no choice but to go to liability and now it costs as much as full coverage.
Knock on wood, I'm ahead of the insurance/damage game for not carrying full coverage and not reporting accidents. I only have the liability because they will haul you into jail in most states in the US if you don't hae any insurance. The only time I'd go with full coverage is with a brand new vehicle for the first year. If you're likely to have accidents, accept the reality you will have to fix your own vehicle because you can't expect the insurance company to keep paying. They'd be stupid to offer you low cost full coverage with a history of frequent accidents. I never trusted insurance. Go with liability for ten years and you buy a new bike if you had no accidents to pay for yourself. Pay for full coverage, you just bought that bike twice and if you're like me, you won't report any but the most severe accidents anyway. Thank god I never have had a severe accident since I was 17.
Some people see paying for insurance they don't ever use as an investment in that vehicle. I see it more as the house always wins so cut your losses as much as possible.
