Automotive insurance is basically insurance for automobiles, trucks, motorbikes, and any other form of road vehicles. Its main function is to offer financial security against bodily injury or property damage arising from road accidents and from liability which can also arise in such vehicles due to vehicular accidents. Car and motorbike insurance can be purchased separately or in combination with other auto insurance, however, there are certain rules which must be followed so as to avoid being charged extra for the coverage.
Liability insurance covers only the costs incurred due to bodily injuries to people caused by your vehicle and property; this covers property damage caused by your vehicle to other properties or public infrastructure and includes such things as pedestrians who may be injured on your way around town, or any animal or insect that may have been injured as a result of your motorbike's tires getting stuck on something. If you have another vehicle at home, which is also being insured under the same policy, then the liability insurance would cover all the costs incurred as a result of accidents on the roads of that vehicle; it would not necessarily cover all the costs incurred as a result of an accident on the road of another vehicle owned by the same person.
commercial insurance deals only with the cost of repairs to your vehicle if it meets with a fatal accident. It would not cover all the costs of damages caused due to theft and vandalism; this is covered by comprehensive auto insurance which covers both the vehicles and the owners in general. Collision insurance could be combined with comprehensive insurance and is usually cheaper in the long run because of the discount available.
Comprehensive insurance also covers the costs of damages to property and people due to accidents on the road, but only if there is a fatality caused due to a road accident; it covers damage to other people's property and medical expenses incurred as a result of these accidents, which are only covered if the vehicle owner or driver has a valid certificate of insurance. Another type of comprehensive insurance would be collision insurance; however, it provides only the financial benefits associated with accidents on the road; and does not cover for damages that occur due to theft, vandalism, or any other crime. Liability insurance is not compulsory for those who own a motorbike or car, but it can make a difference between paying a little more or a little less for car insurance. Visit this page and read more here.
Although all these types of motorbike insurance have a lot of similarities, there are some differences in terms of the rules of the various policies and how much would be payable for each type of damage. Therefore, it would be very helpful if you get in touch with a specialist motorbike insurance company and discuss the various policies that are available, as they will be able to advise you on the type of motorbike or car insurance which would be the best for your particular situation.
There are many ways in which the automobile insurance and motorbike insurance can be purchased, but the most common way is through purchasing them on a combination of two policies: one that pays the total cost of damage to your car; another one that pays the cost of your motorbike, if it has one. However, some motorbike companies also provide the latter kind of insurance, which is called liability only insurance. If you want to know more about this topic, then click here: https://en.wikipedia.org/wiki/Insurance.