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Plant Theft is an ever-increasing problem for Plant Hire industry. With an estimated £100 million+ of plant being stolen per annum, things need to change to stop this from increasing.
If construction plant manufacturer's fit anti-theft devices as standard, (and most do), the hire company would be in a favourable position to obtain discounts from their insurance company. With this in mind, companies are looking for suitable and effective systems to reduce plant theft.
There are a host of different manufacturers producing retro-fitted equipment.
Many plant hirers think that they only need to fit anti-theft devices to new equipment. This is a misnomer; criminals will steal plant of any age that is not secure, and sell it to make profits to fund other criminal activities.
In this part of the CPA website, you can view information and contact security product manufacturers to help you to protect your assets. There are a list of insurance brokers in the 'Insurance' section, which may also give additional advice on asset protection.
If you have a query regarding Plant Theft, then please get in touch.