When it comes to protecting your motorcycle, getting bike theft insurance may be quite valuable if it should get stolen. But how important is it to have motorcycle theft insurance, especially considering the additional cost? Why is Bike Theft Insurance Important? Over the past decade, bike theft has dropped from around 62,000 in 2007 to roughly 45,000 in 2013. Although the drop has been dramatic, it also shows signs of leveling off at a high…