Repetitive HVAC Theft, Cages, and Insurance Claims

[Jordan L.]

Hey BP,

  I have a rental property in South Carolina that has had the HVAC package unit stolen three times in the past 8 years, always when the property is vacant.  The property is an A- class property, but unfortunately is in a somewhat rural area.  I believe the next door neighbors are involved for several reasons, so I do foresee it happening again in the future.  The last theft was in 2017.  I had metal t-posts cemented into the ground around the new unit, but this was not enough to prevent another theft that I've just learned has occurred.

  My first concern:  Is it likely that my insurance carrier will drop me if I file a second claim?  I filed a claim for the theft in 2017.  I also have an unrelated claim on another property from 2020.  I use Nationwide.

 Second, does anyone use cages around their units?  Do they actually prevent theft if the individual has ample time to commit the offense...  like overnight or in a rural area?

I will likely install a security camera.  I am also considering using a livestock electric fence energizer for the cage to really make any attempt at theft more... interesting.

Thank you.