What type of property does the coverage extension for Non-owned Detached Trailers cover?

The coverage extension for Non-owned Detached Trailers specifically addresses the business use of trailers that the insured does not own but may possess or utilize in their operations. This type of coverage is crucial because it protects against potential losses or damages to trailers that are used for business purposes but are not owned by the business itself.

This protection extends to detached trailers that might be used for various functions such as storage, transporting goods, or providing services associated with the insured's business activities. It is important for businesses that rely on such trailers, as they may not always own the equipment they use.

The other choices do not accurately reflect the scope of coverage for Non-owned Detached Trailers. For instance, coverage for all property on site would include owned property as well, which is outside the particular focus of this extension. Similarly, property owned by any third party or non-owned trailers attached to vehicles does not comply with the specification of detached trailers, which are the focus of this coverage extension. Thus, the correct choice encompasses the essential aspect of the coverage, which is the protection of non-owned detached trailers utilized in business operations.