Identity Theft Insurance
Identity theft can be financially devastating and difficult to recover from. When someone is able to steal your personal information, use it for their own financial gain and even commit crimes in your name, it’s critical for you to be able to address the matter quickly and effectively. Fortunately, in the midst of such difficult times, identity theft insurance can provide crucial assistance.
What Does Identity Theft Insurance Cover?
Recovering your identity after having it stolen can be a long and arduous process that may include many steps and various recurring expenses. Fortunately, identity theft coverage can help cover many of these costs, including those related to the following:
- Obtaining credit reports
- Making long-distance phone calls
- Recouping lost wages
- Paying notaries or legal expenses
- Mailing relevant documents
- Acquiring and retaining childcare
- Monitoring your credit
Policyholders should understand this type of coverage provides financial aid for expenses incurred while rectifying an identity theft situation. In most cases, it’s not intended to recoup direct financial losses arising from actions the perpetrator may have taken before being discovered.
Who Needs Identity Theft Insurance?
Identity theft can strike at any time. Given the increasing importance of technology in everyday life and how much of our sensitive information is stored online, it’s especially critical in this day and age to take every possible precaution.
To find the best rates for identity theft protection, it may be worth taking the time to research your options. If you have a homeowners or renters insurance policy, it’s possible that identity theft coverage can be added or may even already be included.
Get the Right Coverage
The financial ramifications of identity theft can be devastating. In the event of such misfortune, having the right coverage is essential. Fortunately, Home Loan Insurance is ready to help. Contact us today to learn more about identity theft insurance or to receive a quote.
DISCLAIMER: “Insurance coverage cannot be bound or changed via submission of any online form/application provided on this site or otherwise. No binder, insurance policy, change, addition, and/or deletion to insurance coverage goes into effect unless and until confirmed directly by a licensed agent.”