Identity Theft Insurance for When Your Personal Information Falls Into the Wrong Hands.
Identity theft can take months or years to fully resolve and the out-of-pocket costs of recovering your identity, disputing fraudulent accounts, and restoring your credit can add up quickly. Identity theft insurance is generally designed to help cover those recovery costs. Saint Moore Insurance Agency helps individuals find identity fraud coverage and identity restoration insurance that fits their situation.
What Is Identity Theft Insurance?
Identity theft insurance is a type of personal insurance that helps cover the costs associated with recovering from identity theft or identity fraud. It is not designed to prevent identity theft from occurring, but when it does happen, it helps offset the financial and administrative burden of restoring your identity and resolving fraudulent activity tied to your personal information.
Coverage varies by policy, but identity theft insurance is generally designed to help reimburse costs like attorney fees, notary and document fees, lost wages from time taken off work to resolve fraud-related issues, phone and mailing costs related to the recovery process, and in some cases, financial losses directly resulting from the theft. Some policies also include access to a dedicated case manager or identity restoration specialist who can help guide you through the recovery process.
Identity theft insurance is available as a standalone policy or, in many cases, as an endorsement or add-on to an existing homeowners or renters insurance policy. ID theft protection services, which monitor your credit and alert you to suspicious activity are a separate products and are often bundled with insurance coverage but are not the same thing. If you've experienced identity fraud or want to understand your options for data breach personal coverage and identity restoration insurance, contact a Saint Moore Insurance Agency agent to learn more.
