‘Tis the Season to Add Identity Theft Insurance to Your Homeowner’s Policy
Pulling out that credit card to make holiday purchases online has become increasingly stressful for many shoppers as identity thieves become more active, particularly during the holiday season. The Federal Trade Commission estimates nearly 10 million incidents of identity theft/fraud annually with the average victim spending $500 and 30 hours to resolve each occurrence. And although retailers are moving toward using more secure technology, identity theft is still on the rise. This is a great time to consider an identity theft ad-on to your homeowners insurance policy. It can help pay for:
• Lost wages due to time spent recovering your identity
• Resolution services to help reclaim your identity and restore credit
• The cost of obtaining credit bureau reports
• Travel expenses
• Fees to reapply for loans, grants, and/or other credit instruments
• Certain legal fees resulting from identity fraud
• Notary and filing fees to correct your identity and credit records
The cost for ad-on coverage is surprisingly low, $25-$150 per year for $15,000-$25,000 worth of coverage. To find out more, contact your insurance agent or the friendly professionals at Huntingdon Insurance Group where you can get a FREE no-obligation quote by calling George Benonis or Paul Martin at (215) 942-0616 or e-mail quotes@huntingdon.com.