What does the collector multi-vehicle coverage include?

Collector multi-vehicle coverage is designed specifically for individuals who own multiple collector vehicles. This type of coverage typically includes third-party liability, which protects you if you cause damage to someone else's property or injure someone in an accident. Additionally, it offers optional own damage coverage, allowing the owner to insure their own vehicles against damages resulting from collisions or other incidents, depending on the specific policy options elected.

This combination of third-party liability and the option for own damage coverage provides a comprehensive safety net for collectors, ensuring they are protected against both liability to others as well as potential damages to their own vehicles. This coverage is tailored to fit the unique needs of collectors who may have high-value or classic cars, requiring more specialized insurance solutions. Thus, the correct answer reflects the multi-layered nature of this specialized insurance coverage.