Final answer:
In commercial automobile policies, a numerical symbol represents hired autos, which are vehicles that a company leases, rents, hires, or borrows. This symbol varies by policy, so consulting the declaration page or the insurance provider is necessary for the exact designation.
Step-by-step explanation:
In the context of a commercial automobile policy, the term hired auto refers to vehicles that are leased, rented, hired, or borrowed by an organization, except for any auto that is leased, rented, hired, or borrowed from any of your employees, partners (if you are a partnership), members (if you are a limited liability company), or members of their households.
When outlining coverage for various vehicle types under a commercial automobile policy, a numerical symbol is used in the declarations to designate the extent of coverage for hired autos. The specific symbol used to identify hired auto coverage can vary depending on the insurance carrier and the policy in question. However, it is typically denoted by a number or a combination of numbers and letters. Policyholders should review their policy declaration page or check with their insurance provider to determine the exact symbol used for hired auto coverage.