What symbol represents trailers owned or hired by the insured in insurance terminology?

In insurance terminology, trailers that are owned or hired by the insured are specifically represented by Symbol 49. This designation is important because it allows insurers to clearly identify the coverage and protections that extend to trailers as part of a commercial auto policy or similar coverage. Symbol 49 indicates that the insured has coverage for trailers that they either own or have rented for business use, thus ensuring that these essential assets are covered under their insurance plan.

The distinction between symbols in this context is critical for policyholders as it delineates the types of vehicles and equipment that are included in their coverage. Recognizing the correct symbol allows insured parties to confidently understand what their policy entails, ensuring they have the appropriate protections in place for their business operations involving trailers.