Statistics in print, online and other media show that identity theft has become a major topic of discussion over the past few years. In fact, the figures regarding the costs and time involved in identity theft both for businesses and individuals is almost staggering. With this in mind, a new type of insurance has been established as a result. And its known as personal identity theft insurance.
Personal Identity Theft Insurance Coverage
Here are some of the main points covered by personal identity theft insurance. Check with insurance agents in our area for more details and to see whats covered in your area.
1) At this point in time, personal identity theft insurance basically averages between $25 and $50 per year. It mainly covers up to around a sum total of $15,000 through $25,000 worth of expenses, including some lost wages that may result from time taken off work to handle the identity theft-related fraud issues. However, coverage incurred for this benefit most often will not surpass $500 in a weeks time plus it is more often than not limited to four weeks in full of total coverage.
2) Some attorney fees may also be included in this coverage, so...
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