I don't know about the license part of your question but I do know about the insurance side of things (I'm a broker).
As long as you buy something cheaper that you can go with PLPD (Liability only), your rates are still quite cheap. The impaired creates a surcharge on the base price of your insurance. The base price of bike insurance (depending on age and a few other things) is usually less than $300. Add a 50% surcharge and you are still only at $450 per year. All things considered I think that's pretty cheap.
"Masked Bandit is a gateway drug for frugal spending." - Unknown303