Ordinary platesTI·12345TI·67890Each vehicle has its own plate.Each vehicle has its own insurance.With two vehicles there are two plates and two insurance policies.
Transferable platesTI·12345One plate for 2 vehicles of the same category.You use one vehicle at a time: the plate goes on the vehicle that is on the road.The insurance covers both vehicles. The premium usually depends mostly on the vehicle with the higher premium.