There are many proactive steps you can take when it comes to theft prevention of heavy equipment. The National Insurance Crime Bureau (NICB) estimates annual losses from heavy equipment theft are as high as $1 billion. Unfortunately, there are many costs associated with theft including equipment replacement, short term rentals, lost time dealing with law enforcement and adjusters, increased labor costs due to downtime, and penalties that could be incurred if a project is delayed.
At Heavy Machines, we’ve provided these tips, so you can learn how to avoid machine theft by increasing jobsite security and equipment security.
Be prepared if your equipment is stolen. Reduce downtime and keep accurate records to help aid a police investigation. You’ll increase the odds of recovering stolen equipment if you follow these tips for reliable record keeping.
Heavy Machines is headquartered in Memphis with additional locations serving Tennessee, Alabama, Louisiana, Georgia, and Maine. Our team is ready to serve your heavy equipment needs at our Tennessee location and all of our other locations. We have an extensive fleet of heavy equipment for sale and rent in Tennessee and at all of our other locations.