Which trailers are addressed by Symbol #49 and #69?

Prepare for the New York Automobile Adjuster Exam. Tackle diverse multiple-choice questions and enhance your knowledge with detailed explanations. Boost your confidence and ace the test!

Symbol #49 and #69 specifically reference trailers that are owned but not in possession under a Trailer Interchange Agreement. This designation is crucial because it reflects the nature of the insurance coverage that applies to those trailers under a specific policy.

When assessing an insurance scenario, the coverage and conditions associated with these symbols often pertain to situations where the insured's owned trailers are not physically held by the insured party but still remain under their ownership. This is important for claims handling, as the implications of not having the trailer in one's possession can affect liability and coverage nuances.

The other options do not align with the definitions or provisions associated with Symbols #49 and #69. For instance, owned trailers in storage (the first option) would imply possession that does not meet the criteria outlined for these symbols. Non-owned trailers for storage (the third option) would be owned by another party, and unregistered owned trailers (the fourth option) aren’t directly referenced by these specific symbols either. Thus, understanding the distinction of ownership and possession under these symbols is critical for accurate insurance assessments and claims management.

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