Streetsmart insurance Blog
Identity theft is widespread problem: approximately two out of every five Americans has had their identity stolen or knows someone who is a victim of identity theft, according to a recent Bankrate.com study. If a stranger, family member, or friend uses your personal information to make unauthorized purchases, identity theft coverage can help you repair your credit and pay for related expenses.
Identity theft coverage can be purchased alone or as an added endorsement to your homeowners insurance policy. When you bundle identity theft coverage and homeowners insurance, you can lower the cost of both policies and combine your payments into one monthly premium.
Every insurance company has different standards when it comes to identity theft coverage. Some policies will only cover bank account and credit card theft; others will cover all of the victim’s expenses. Talk with your insurance agent to find the best policy for your personal needs.
How Can I Prevent Identity Theft?
Protect Your SSN – Your social security number is one of the most useful and potentially damaging pieces of information that you own. Don’t carry your social security card in your wallet, and do not give out your social security number to strangers unless it is absolutely necessary.
Be Aware Of Your Surroundings – Identity theft usually happens when we let down our guard and give our personal information to people who should not have it. Be aware of your surroundings: make sure that you know the people who you invite into your home, and show discretion when you give your credit cards, computer, or private documents to others.
Secure Your Home – Protect your home from unwelcome intruders! Security cameras and motion detecting lights can help you prevent a break in, and a neighborhood watch program can give your entire community the tools they need to prevent theft and vandalism.
Be Internet Savvy – The internet has become a hotspot for identity theft and fraud. Don’t give your address, phone number, bank account information, or social security number to anyone that you do not know. If you have already given your personal information to a stranger or a suspicious organization, contact your bank account immediately and purchase a credit monitoring service that can let you know if you are a victim of fraud.
At the StreetSmart Insurance, we take pride in making sure our clients are well protected at prices they can afford. To learn more about how we can help you please contact our agency at (732) 462-8343 or Click Here to request a free quote