3 ways to reduce jobsite risk and protect your equipment from theft and costly delays
When construction equipment is stolen, the impact goes far beyond the replacement cost. Productivity drops, crews sit idle, and time is lost to police reports and insurance claims. Add in last-minute rentals expenses, potential insurance increases, and even penalties for missed deadlines….a single theft can quickly snowball into a major setback.
We recently saw this firsthand when a $70,000 skid-steer was stolen from a customer’s jobsite in Calgary. Thanks to GPS tracking, police were able to locate and return the machine quickly, helping the customer avoid costly delays and disruption. But that outcome isn’t guaranteed. Nearly $1 billion worth of construction equipment is stolen in Canada each year, and many machines are never recovered –, leaving contractors to absorb the cost of replacements.
Theft may be common, but the impact on your business doesn’t have to be. With equipment protection in place, you can track, recover, and avoid costly disruptions. Here’s where the right solution makes a difference:
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