Equipment Theft is Preventable

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Theft of materials, tools or equipment from construction worksites accounts for 45 percent of property losses. That’s an average cost per loss of $9,400 for contractors.

Your equipment represents a significant financial investment. When equipment gets stolen, you not only face losing the costs of the unit, but also the resulting downtime, causing delays on projects and potential damage to your business’ reputation.

Taking proactive measures to prevent theft at your worksite is very important. In this article, we share several steps you can take to help prevent equipment theft.