Dallas-based America First Insurance, a member of Liberty Mutual Group, announced it has teamed with LoJack Corporation, which is making its LoJack for Construction Equipment police-operated vehicle recovery systems available to construction customers to combat what the National Insurance Crime Bureau (NICB) reports is a $1 billion crime annually.
The NICB says organized crime rings are the driving force behind the increasing problem of heavy equipment theft throughout North America and that construction sites are their frequent targets. A 2005 Construction Equipment Theft Survey conducted by Cygnus Business Media found that 64 percent of those affected by this crime never recover their equipment.
In association with America First Insurance, LoJack is offering customers a significant savings off the regular cost for LoJack products for commercial vehicles and equipment. LoJack has a 90 percent recovery rate nationwide and reports that 68 percent of stolen equipment with LoJack is recovered in less than 24 hours.
For more information about LoJack for Construction Equipment, visit America First Insurance online at www.americafirst-ins.com.
America First Insurance offers property and casualty products through appointed independent agents in Arkansas, Louisiana, Oklahoma and Texas.
Source: America First Insurance Company
Was this article valuable?
Here are more articles you may enjoy.