Equipment Theft Plaguing Your Job Sites? Here are 6 Ways to Safeguard What’s Yours
Construction equipment theft is a costly and ongoing risk, with industry estimates reaching up to $1 billion annually and low recovery rates. This post outlines six practical strategies contractors can use to reduce losses, from maintaining a detailed equipment inventory and tracking system to strengthening job-site security and securing tools overnight. With proactive planning and daily accountability, contractors can better protect their assets, schedules and bottom line.
Inside the $455M Cargo Theft Surge – 4 Ways to Protect Your Fleet
Cargo theft surged to record highs in 2024, with losses hitting $455 million—up 26% from 2023. A growing share of these incidents stem from strategic cargo theft, where criminals exploit stolen identities and digital deception to misdirect freight. Learn the top tactics used by thieves, how to recognize red flags, and effective prevention strategies to protect your operations from increasingly sophisticated threats.
Builder’s Risk: Controlling Potential Risk
Property insurance offers protection for a building once it's operational. A builder's risk policy insures against physical loss or damage to a building during construction.