Yes, there is now identity theft insurance. Why do you need it? Besides peace of mind for a relatively small cost, identity theft insurance will help a victim recover by providing reimbursement for expenses such as repairing their credit report, recovering lost wages, phone bills, mailing costs, and attorney fees depending on the policy chosen.
Insurance Tip for the Weekend: Determine Your Identity Theft Risk
By Bobbie Sage, About.com GuideDecember 27, 2008
Explore Personal Insurance
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Identity theft has become a major, major problem! And living without protection is like living in a crime infested neighborhood and not having protection on your home. You would probably at least have a really good guard dog and a fence right? Well, not protecting your identity today is the equivalent of living in that neighborhood and refusing to even lock your door. It’s so sad that it’s come to this, but there are always tradeoffs in life. Because we want better medical coverage and a nicer car we pay more to protect and insure them.
Likewise, with something as amazing as the World Wide Web there come tradeoffs also. One tradeoff for us having access to almost everything is that others have access to almost everything about us, our information. And that includes our personal information like social security numbers, banking information and even your medical and criminal history.
Luckily there is a lot of information out to help us understand and protect ourselves from these heartless criminals. Here is an informational website put together to help you and your family. We hope you find it helpful. ID theft