Safeguarding Your EquipmentSafeguarding Your EquipmentEquipment Theft: A Growing Problem for Equipment Theft: A Growing Problem for

Business OwnersBusiness Owners

OverviewOverview

• Discuss the size of the problem

• Discuss reasons for equipment theft

• Review steps to safeguard equipment

• Discuss a variety of available anti-theft options

Size of the ProblemSize of the Problem• 300 Million to 1 Billion per Year

(For heavy equipment only)• Does not include

– Tools – Materials– Business interruption

• Crew downtime• Contractual penalties• Increased insurance premiums• Replacement or rental costs

Top 10 States in 2004Top 10 States in 2004

1. Texas

2. North Carolina

3. California

4. Florida

5. Pennsylvania

6. Georgia

7. Illinois

8. Missouri

9. South Carolina

10.Indiana The Top 5 States Accounted for 38% of the Stolen Equipment in 2004

Data provided by: NER

Hortica – Top 5 States for Equipment TheftHortica – Top 5 States for Equipment Theft

January , 2000 thru September, 2006January , 2000 thru September, 2006

• Illinois - 19• Texas - 16• Florida - 15• North Carolina – 15• South Carolina – 14

Total of 193 claims

41%

Graph provided by: NER

3 Key Factors Of Equipment That 3 Key Factors Of Equipment That Is StolenIs Stolen

• Value – Primary factor – How much is it worth?

• Mobility – Size– Can it be moved easily?

• Age of equipment– Newer equipment has

higher re-sale values.

Average Cost of New EquipmentAverage Cost of New Equipment

• Skid Steers – $15,000 to $30,000

• Backhoe Loaders – $45,000 to $70,000

• Tractors - $30,000 to $50,000

• Forklifts - $20,000 - $40,000

Recovery RatesRecovery Rates

It is estimated that lessthan 10% of stolenequipment isrecovered.

Reasons• Low risk crime• High payoff• Poor owner records• Titling & registration is not

mandated• Organized crime• High demand for equipment

– US & other countries• Poor security measures in

place• One Key Fits-All

What can you do?What can you do?

Protecting your

equipment• Re-key your

equipment• Don’t leave

equipment in remote locations

• Inventory your equipment frequently

• Have designated storage areas so you know if something is missing

• Paint your equipment a unique color – Include your company

name & logo

• Install & use anti-theft devices

Collection of Equipment InformationCollection of Equipment Information

• Manufacturer• Year manufactured• PIN / Serial #• Owner Applied # (OAN)• Color• Decals / Logos

Download an Equipment Information Form at:http://www.hortica-insurance.com/risk_management.asp

Owner Applied NumberOwner Applied Number(OAN)(OAN)

• Hidden & Visible

• Visible from a distance

• Unique # to the equipment or unique to the owner

• Can be engraved for added security

Equipment Information Collection Equipment Information Collection ServiceService

National Equipment Registry • Stores Owner & Equipment

Information in a National Database

• Secure System• Used only in equipment recovery• Works closely with Insurance &

Law Enforcement Agencies

www.nerusa.com

National Insurance Crime BureauNational Insurance Crime Bureau

• Non-profit organization

• Receives support from law enforcement and insurance agencies

• Toll free hotline

1-800-TEL-NICB (835-6422)

www.nicb.org

DATA DOTDATA DOTFeatures• Laser etched micro-chips• Unique number to your

equipment• Can only be seen using

specialized equipment that is only available to law enforcement

• Registered with NER

www.datadotdna.comwww.identificationtechnologies.com

RFIDRFID

• Durable & accurate tracking system• Includes product information:

– Serial number– Product information– User information– Small & easily concealed

• Mobile scanner allows you to track who the tool or equipment is assigned to

Electronic Article Surveillance Electronic Article Surveillance (EAS) Security System(EAS) Security System

• Paper thin sticker – soft & hard security tags

• Can be placed inside of the equipment

• Alarm activated if the tool goes past the gate

www.equipmentlock.com

Key Features• Easy self installation• Cellular technology• 2X stronger signal than

a typical cell phone• Optional phone line • Can be moved from job

site to job site• Self monitored or

monitoring service• Monitoring service

available

www.dewalt.com

Door/Window

Motion Security Cable

Key Chain Container

Base Unit

Key Features• Standalone units (No

base unit necessary)• Call up to 3 programmed

phone numbers• Self monitored or

monitoring service• Magnetic mounting• GPS locator

Mobile Lock

www.dewalt.com

Motion

EquipmentEquipment

Other Products• Weighttroller – tells

you how much the load weighs

• Speedtroller – set a speed limit for your equipment – receive a report if the limit is exceeded

• Movetroller – full equipment monitor software – track the movement of you equipment

Key Features• Keyless system • Start machinery from

key pad• Only authorized

employees can start equipment

• Tracks employee use• Track maintenance

intervals

www.keytroller.com

CaterpillarCaterpillar

Mobile Security System (MSS)• Keys are embedded with a

microchip.• On MSS equipped machines only

the MSS Key will start them• Available on new machines or as

a retrofit• Can be programmed to tell you

who accessed the machine• Can be set to only work during a

specific time period

www.cat.com

Telematics Telematics

Features• GPS Positioning• Speed• Engine status• Tracks service hours• Mechanical problems• Remote shutdown • Web based program lets

you see where your equipment is

• Increased equipment utilization

• Reduced maintenance costs

• Increased equipment efficiency

• Set site specific boundaries

Features• GPS tracking system• Central monitoring• Works with law

enforcement agencies• Radio transceiver • Recovered more than

3 billion dollars of stolen assets to date

Early Warning Recovery System

• Lets you know when you equipment is moved

• Be alerted by phone, e-mail or pager

www.lojack.com

Features • Key Switch Alarms• Geofences – Alarm

System• Machine Shutdown

Device• GPS Technology• Theft Detection

www.dplamerica.com/titan.htm

Other Popular Non-vehicle Other Popular Non-vehicle Equipment TheftEquipment Theft

• Welders• Air Compressors • Generators• Powered Hand Tools

The End The End

• Any Questions ??