Jasz
VIP Contributor
Identity theft insurance is a type of insurance policy that helps protect you against financial losses that may result from identity theft. It may cover costs associated with repairing your credit, hiring a lawyer, or other expenses that you may incur as a result of identity theft.
Some identity theft insurance policies may also provide services such as credit monitoring, fraud resolution assistance, and identity restoration support to help you recover from identity theft. It is important to note that identity theft insurance is not a replacement for taking steps to protect your personal information and prevent identity theft from occurring. It is simply an additional layer of protection that can help you financially if you do become a victim of identity theft.
How much does it cost to obtain an identity theft insurance?
Identity theft insurance can vary in cost, with factors such as the level of coverage and the company offering the policy impacting the price. On average, identity theft insurance policies in the USA can cost anywhere from $25 to $30 per year for a basic policy with limited coverage, to $100 or more per year for a more comprehensive policy with a higher level of protection. It's important to shop around and compare quotes from different companies to find the best policy for your needs and budget.
Some identity theft insurance policies may also provide services such as credit monitoring, fraud resolution assistance, and identity restoration support to help you recover from identity theft. It is important to note that identity theft insurance is not a replacement for taking steps to protect your personal information and prevent identity theft from occurring. It is simply an additional layer of protection that can help you financially if you do become a victim of identity theft.
How much does it cost to obtain an identity theft insurance?
Identity theft insurance can vary in cost, with factors such as the level of coverage and the company offering the policy impacting the price. On average, identity theft insurance policies in the USA can cost anywhere from $25 to $30 per year for a basic policy with limited coverage, to $100 or more per year for a more comprehensive policy with a higher level of protection. It's important to shop around and compare quotes from different companies to find the best policy for your needs and budget.
