Unless you live somewhere with warm weather year-round, chances are you'll store your motorcycle for the winter. Because of this, most motorcycle insurance providers offer what's called lay-up insurance during the winter months. During this lay-up period, you'll likely save money on your premium but still receive coverage for theft and other damages that could occur in storage. However, always keep in mind that your insurance company won't cover an accident that occurs on the road during the lay-up period, so don't select this option if you plan to ride year-round.