Technically, you can own an insured motorcycle without a license. For example, if it’s a classic, vintage bike, you may not have a license to ride it, but you still want to collect and insure it. However, it may be harder to get insurance without a license, as many insurance companies may see this as higher risk, for example, if your license has been suspended. Therefore, getting motorcycle insurance without a license might make it harder to find relevant insurance, or it might be much more expensive.