Construction theft is no longer an occasional setback. It is growing. Insurance claims for construction theft have reached about $46 million in recent years across tools, materials and heavy equipment. As theft tactics grow more sophisticated and recovery rates remain low, contractors are facing a hard truth. Traditional security measures are no longer enough.The impact goes beyond the initial loss. Stolen equipment can derail schedules, stall productivity and cost tens of thousands of dollars per incident. Recovery rates are typically between 15% and 25%, leaving most contractors without their machines and without a clear path to recoup those losses.Job sites
