How can a carrier provide collision coverage for a vehicle driven more than 50 miles from the point of purchase?

The correct answer is found in the option that mentions the dealer's drive away collision endorsement. This endorsement is specifically designed for situations where a vehicle is being driven away from the dealership after purchase. It allows for collision coverage to extend to the vehicle, even when it is driven more than 50 miles from the point of purchase.

This endorsement is crucial for dealerships and buyers as it ensures that the vehicle is covered during that transitional phase when it is technically still under the dealer's ownership before the official policy is put in place by the new owner. It mitigates risk for both parties involved, making it a vital coverage option for such scenarios.

Other options do not fit the specific need addressed in the question. A standard liability endorsement typically covers bodily injury and property damage to others but does not encompass collision coverage for a purchased vehicle. A personal auto policy generally covers personal vehicles used by the policyholder but may not apply in this transitional context without specific endorsements. A commercial auto policy relates more to business vehicles, and while it could theoretically cover a vehicle in transit, it is not the standard option for collision coverage right after a purchase.