Motorcycles, like cars, can buy commercial insurance in insurance companies. The commercial insurance of motorcycles mainly includes motorcycle loss insurance, third party liability insurance, burglary insurance, seat liability insurance, spontaneous combustion insurance and scratch insurance. It should be noted that if you buy a motorcycle and want to go on the road, you must take out compulsory insurance. Motorcycle compulsory insurance premium standards are divided into three categories according to different displacement: annual premium of 50CC and below in 80 yuan, annual premium of 50 cc-250CC 120 yuan, and annual premium of three-wheeled motorcycles above 250CC is insured in 400 yuan.

Commercial insurance refers to the form of for-profit insurance operated by professional insurance enterprises through the conclusion of insurance contracts. Commercial insurance relationship is a contractual relationship concluded by the parties voluntarily. The insured pays the insurance premium to the insurance company according to the contract, and the insurance company shall be liable for the property losses caused by the possible accidents agreed in the contract, or the death, disability, illness or reaching the agreed age and time limit of the insured. The so-called social insurance refers to a social security system that forms a social insurance fund by collecting insurance premiums to provide basic living security for members who lose their working ability or job opportunities due to old age, illness, maternity, disability, death and unemployment.

Characteristics of commercial insurance: The business entity of commercial insurance is a commercial insurance company. The insurance relationship reflected by commercial insurance is embodied in the insurance contract. The objects of commercial insurance can be people and things (both tangible and intangible), specifically life and body, property, interests, responsibilities and credit related to property. The business of commercial insurance should aim at profit, obtain the maximum profit, and ensure that the insured enjoys the maximum economic security.

Social insurance refers to a social security system that is enforced by the state through legislation, funded by workers, enterprises (employers) or communities, and established by the state to provide material assistance to workers themselves or their immediate family members when they lose their ability to work or temporarily lose their jobs due to old age, work injury, illness, maternity, disability, unemployment, death and other reasons.