You apply for a credit card. You are turned down because of a low credit score. Yet, you know you've always paid your accounts on time.
A debt collector calls demanding payment on a six-month overdue account for a credit card you’ve never had.
You receive a credit card in the mail that you never applied for.
What's happening? You might be the victim of identity theft. An impostor may be using your personal information to obtain credit.
You can insure against identity theft generally for a small premium. The coverage cannot protect you from becoming a victim of ID theft but it can provide you with coverage for costs involved in reclaiming your financial identity - such as hiring an attorney, making phone calls and lost wages.
Your direct monetary losses incurred as a result of that theft are not generally insured. However, often the costs mentioned above can be much larger. Most ID theft policies have coverage limits of $10,000 to $15,000.
Contact our Personal Lines Department today to find out more about this valuable coverage.