Dec 03 December Coverage of the Month: Identity Theft Insurance
According to a recent Harris Poll Survey, nearly 17 million Americans were affected by identity theft in 2017. This can happen when an unauthorized party accesses and uses personal information to assume an identity in order to commit fraudulent or criminal acts. Personal information can include names, credit card and bank information or social security numbers. This information can be stolen in many ways, which is why it’s important to stay educated about identity fraud. Consider adding identity theft insurance to your current plan for added protection.
Why Should You Consider Identity Theft Insurance?
- It can help cover some of the financial costs if fallen victim to identity fraud
- Homeowners and renters policies provide little coverage for theft of money or credit cards
- Identity theft insurance protects crime victims from the cost of restoring identities
- Identity theft policies would cover expenses such as phone bills. lost wages, notary and certified mailing costs
How to Prevent Identity Theft
1) Leave extra credit cards and social security cards in a secure place at home. It’s not necessary to take extra items when shopping.
2) Be aware of the surroundings when using an ATM.
3) Use a credit card, not a debit card when shopping online.
4) Monitor your credit score often using free platforms to be aware of any unauthorized changes.
Identity theft is one of the fastest growing crimes in the country that can take years to restore. Get protected by contacting a Personal Risk Advisors today.