When you finance a motorcycle, you are going to need full coverage. The reason the finance company requires full coverage is that they still have a financial interest in the bike. If something happens to it, they want to make sure you can get it fixed. Without full coverage, if the bike is totaled, then you would still have to pay the loan on a bike you don’t have anymore.
If you want to learn how to get motorcycle insurance, check out this article: How to Get Motorcycle Insurance.