Industry News
Protect Your Equipment this Year with the National Equipment Register
Author, Megan Lockhart, Marketing & Media Communications Specialist, Rancho Mesa Insurance Services, Inc.
The National Equipment Register (NER) plays an important role in protecting heavy equipment owners from theft by maintaining a national database of equipment ownership and stolen machinery that is used by both law enforcement and insurance agencies.
GPS Tracking Isn’t Enough: One Simple Step Can Protect Your Heavy Equipment from Theft
Authors, Sam Clayton, Vice President, Construction Group, Rancho Mesa Insurance Services, Inc.
The use of heavy equipment by grading/excavating, street/road and water/sewer contractors is vital in their daily operations. Outside of their employees, this is their 2nd most valuable asset and also very expensive to replace, if stolen. Contractors across the country have seen an increase in heavy equipment theft. According to the National Equipment Register (NER), heavy equipment is nine times more likely to be stolen than vandalized and five times more likely to be stolen than encounter fire damage.
One Easy Step Can Improve Your Equipment Theft Prevention Program
Author, Drew Garcia, Vice President, Landscape Group, Rancho Mesa Insurance Services, Inc.
A piece of heavy equipment like a skid steer, backhoe, or excavator can be a vital tool for a landscape company and is expensive to replace, if stolen. According to the National Equipment Register (NER), heavy equipment is nine-times more likely to be stolen than vandalized and five-times more likely to be stolen than encounter fire damage. These statistics are alarming and prove theft of heavy equipment has now become a billion dollar illegal industry.