For customers, equipment theft saps productivity, adds significant costs, and can put whole projects at risk. Companies that build, sell or rent equipment also feel the sting.
- OEMs and dealers alike can lose sales when competitors offer better theft protection.
- OEMs that underwrite policies carry losses directly.
- Rental companies absorb losses, forfeit future rental revenue, and keep paying as premiums climb.
Hear an insurance risk expert and a telematics product leader examine these impacts, explore risk management strategies, and preview prevention, detection and recovery capabilities to help you defeat theft rather than absorb it.