US$300M – $1B
Annual US construction equipment theft losses
The National Equipment Register and the National Insurance Crime Bureau estimate that construction equipment theft costs the US industry between US$300 million and US$1 billion every year, making it one of the most significant non-injury losses in the sector.
The estimate covers machines only: NER excludes stolen tools and building materials, damage caused during a theft, and business-interruption losses such as rentals, project-delay penalties and wasted crew time. NER still quotes the same range, undated, on its current site.
Source: National Equipment Register & National Insurance Crime Bureau, 2016 Equipment Theft Report (p.16) () · archived copy · source verified
The 2016 report is the most recent public NER/NICB edition we found.
Cite as: MapTrack Industry Statistics, https://www.maptrack.com/statistics/construction-equipment-theft#us-annual-theft-cost