Which of the following is a common type of commercial motor insurance?

Passenger-carrying vehicles represent a common type of commercial motor insurance because this type of insurance is specifically designed to cover vehicles used for transporting passengers for a fee. This includes taxis, buses, and other vehicles that have a commercial purpose tied to passenger transport.

In a commercial context, the risks associated with passenger-carrying vehicles differ significantly from those of personal vehicles. They involve increased liabilities due to the presence of multiple individuals and the complexities of operating as a business. Consequently, insurers develop specialized policies that address these unique risks, ensuring compliance with regulatory requirements and providing adequate protection for both the vehicle and its passengers.

Other types of vehicles listed, such as personal vehicles, recreational vehicles, and bicycles typically fall under personal insurance coverage rather than commercial. Personal vehicles are used for individual needs, recreational vehicles cater to leisure activities, and bicycle insurance is focused on personal use as well. Therefore, these options do not pertain to the commercial motor insurance sector in the same way that passenger-carrying vehicles do.