What is the best type of insurance to buy term or Variable Universal Life? Why?

I am being quoted by progressive at $20 per month for bare minimum coverage for a 2010 yamaha r1. I'm 18 yrs old and single. Is that this actually feasible? am i reading something wrong? This cost only looks not absurdly high tome
"Can it be essential to have motor  insurance -in-iowa">insurance ? To once they happen who can you record accidents