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There are risks associated with the theft of heavy equipment that are greater for equipment dealers than other owners of heavy equipment:
- A dealership presents a concentration of static, high-value targets that allows more sophisticated thieves to pre-plan the theft and disposal of stolen property.
- There are billions of dollars of stolen heavy equipment in circulation. In US law, even a good faith purchaser cannot gain or pass good title to a stolen item. A buyer may pursue a dealer for compensation if a piece of equipment is later found to be stolen and it may be difficult and expensive for the dealer to pursue the person from whom the equipment originally came.
- Dealers are often self-insured or carry a high deductible on their property and liability insurance.
NER has developed services that help equipment dealers reduce these risks.
Reduce Liability
Dealers will be able to check a machine’s PIN/serial number against the NER database before buying used-equipment to reduce the chance of purchasing and subsequently selling a stolen item.
Deter Theft
A dealer can register all items of inventory on NER’s HELPtech database and mark equipment with decals and premises with signs to warn potential thieves that all items are registered on a national database accessible by law enforcement and that buyers of used-equipment may be checking first with NER. This is one of the most overt and cost-effective methods of theft prevention available.
Enhance Customer Service
NER is developing processes to allow a dealer to register items for a customer, saving the customer time and money, while providing a valuable after sales theft prevention service.
Discounts on NER’s services are available to dealers through bundling the above services and through partner manufacturers, insurance companies, associations and other NER partners.
Read more about NER's Operations
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