LoJack teams with construction insurer

Sept. 26, 2001
LoJack Corp., a stolen-vehicle recovery system, and CNA, a major business insurer based in the U.S., have announced that CNA will waive the deductible for stolen construction equipment up to $10,000 if the equipment is protected by a LoJack System. The coverage will be available on new and renewal policies with effective dates of October 1, 2001 or later and will also be an endorsement to the CNA
LoJack Corp., a stolen-vehicle recovery system, and CNA, a major business insurer based in the U.S., have announced that CNA will waive the deductible for stolen construction equipment up to $10,000 if the equipment is protected by a LoJack System.

The coverage will be available on new and renewal policies with effective dates of October 1, 2001 or later and will also be an endorsement to the CNA Contractor’s Equipment Coverage Form.

LoJack said its construction equipment product line is designed to withstand the impact and conditions of an active construction site. They are small, silent transmitters packed in a hardened metal housing that is weathe-r and waterproof. The transmitters are hidden in the recesses of construction equipment. LoJack-said that equipment and vehicles equipped with its system have a 90% recovery rate nationwide.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...