Heavy-Equipment Theft Report

The National Equipment Register (NER), a division of ISO Crime Analytics, and the National Insurance Crime Bureau (NICB) recently released their national report on 2010 heavy-equipment theft.

 

This year’s report continues to focus on what types of equipment are most likely to be stolen and recovered and where in the country thefts and recoveries occur. The report’s objective is to help provide equipment owners, insurance companies, and law-enforcement personnel with information that can be used to help allocate investigative resources and influence theft prevention efforts.

The report draws on data from the National Crime Information Center (NCIC), the NICB, and NER to provide a comprehensive analysis of heavy-equipment theft during the year. In 2010, the NCIC received 13,374 theft reports. In descending order, the five states with the most incidents of heavy-equipment theft were Texas, Florida, North Carolina, Georgia, and South Carolina. Together, those five states accounted for 43 percent of total equipment theft. Rounding out the top 10 were California, Tennessee, Oklahoma, Alabama, and Ohio. The top-10 states accounted for 61 percent of all thefts.

In 2010, 19 percent of heavy equipment stolen was recovered.

“Recovering stolen equipment and identifying the rightful owners remains a challenge,” said Joe Wehrle, NICB president and CEO. “Improved equipment registration, theft reporting, and law-enforcement training have shown encouraging signs of success, and we’re confident the numbers will continue to improve.”

“It’s encouraging to see that the overall theft percentage has not increased in the last few years,” stated David Shillingford, president of ISO Crime Analytics. “However, there’s still room for considerable improvement from all parties involved because the disruption and secondary effects for equipment owners, insurers, and law enforcement are still significant.”

Click here to download a copy of the report.

 
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