Which symbol is used for trailers borrowed or leased by the insured?

The use of Symbol 48 in the context of trailers borrowed or leased by the insured is important as it denotes specific coverage criteria within an insurance policy. This symbol signifies that the coverage applies to trailers that are temporarily borrowed or leased, thereby ensuring that any liability or potential damages associated with those trailers is covered under the insured's policy.

Understanding the significance of this symbol is crucial for anyone dealing with insurance for property and casualty, as it helps in accurately assessing risk and safeguarding assets. This ensures that the insured has the necessary protection while using trailers that are not owned but utilized for various purposes, such as business or personal use. By having this specific designation, it clarifies the scope of coverage and mitigates any ambiguity regarding liability for borrowed or leased trailers.