The Chubb Group of Insurance Companies said it is making it easier for clients to register their construction equipment with the National Equipment Register (NER) as a theft deterrent move.
Insurance companies routinely register equipment thefts with NER. Chubb said in response to the rising cost of equipment thefts, it is making it easier for policyholders to register heavy contractors' equipment with NER in advance of any theft.
Chubb will pay the cost of registering the first 10 pieces of equipment. NER registration fees for items over the initial 10 will be reduced by 20 percent for Chubb policyholders under the insurer's arrangement with NER.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.