How To Protect Yourself

What About ID Theft Insurance?

Identity theft insurance will not deter an identity thief. However, in some cases, it could limit your loss if identity theft occurs. It makes sense to know what you're getting into and weigh all the options before purchasing this service. Consider:

• The amount of coverage the policy offers.
• The amount of the deductible.
• Whether your homeowner's policy already includes coverage.
• Whether the policy covers lost wages and if there's a cap on these.
• If there are exclusions (i.e., if the thief made electronic transfers or withdrawals, if the thief turns out to be a family member, etc.)
• If the policy includes advice and support from a trained counselor who can help you resolve your problems.