Most homeowners insurance companies and some Auto Insurance companies now offer coverage for Identity Theft. Generally a case manager who specializes in Identity Theft is assigned to you when cyber thieves target you. This specialist is trained to help resolve scenarios like:
Ø Credit Card Fraud
Ø Child Identity Theft
Ø Bank Account Takeover
Ø Loss of Personal Documents in a disaster
Ø Medical Identity Theft
Ø Loss of documents when traveling
Ø Identity Theft of a loved one who has died
Ø Identity theft when moving, related to tax fraud, related to divorce or related to military service.
Some of the companies we represent in Vermont, like Metlife Auto and Home and Encompass offer Identity Theft coverage at no additional cost. It comes as a part of your home or auto policy. Other companies offer it as an endorsement for a very minimal charge, (as low as $1 per month).
Farm Country Insurance strongly recommends that you have Identity Theft coverage. If your identity is stolen, professional assistance is just a phone call away.
* Thanks to Metlife, Safeco, Travelers and Encompass for information used in preparing this.