| Debbie May and Debbie Skelley
Identity theft is a problem that is not going away. This criminal act has constantly been one of the top complaints received by the Federal Trade Commission for the past 15 years. The problem has grown so severe the FTC created a new website, IdentityTheft.gov, to give consumers the ability to create personalized identity theft recovery plans.
Identity theft is an egregious invasion of privacy that causes emotional, mental and financial stress. As a person’s cyber footprint grows, their defenses from identity theft decreases. Unfortunately, self-defense is not enough to prevent identity theft as cyber-attacks target trusted companies like Target, Home Depot, ADP, and US Bank who may hold pieces of your personal information. Insurance can help mitigate the loss from identity theft.
In 1999, Travelers became the first insurer to offer consumer protection from identity theft. Acuity provides one-on-one advocacy services to help recover from identity theft. Liberty Mutual has a Fraud Crisis Resolution Center to help assist the victims of identity theft. All major insurance companies offer some type of identity theft protection. A simple endorsement to your homeowners, condo, or renter’s policy can help provide the coverage and tools needed to recover from identity theft.
Please call or email the authors of this post, or a Fedeli Group associate to discuss the coverage and limits available by this valuable protection.