The bad news is if you ever have your identity stolen you are in for a bit of a process to work your way back to being, well, you. The good news is most renters insurance policies provide identity theft protection automatically.
Identity theft coverage through your renters insurance is a built in coverage to help you reclaim your identity. It will provide compensation for the countless hours of your own time and legal advice to undo the damage done by an identity thief. Working with credit bureaus, lenders, credit card companies and law enforcement will all take time and money and the identity theft coverage through your renters insurance will compensate for this lost time and expense.
Identity theft isn’t just having your credit card information stolen (although you have coverage to help protect you from the consequences from that as well). It’s much more sinister and complex than that. To the point where you won’t even be able to apply for credit and may even have an undeserved criminal judgement against you (well, the you that’s not you but is using your name!). This coverage will provide compensation for your time working with law enforcement agencies, credit bureaus and lawyers to ensure you retake your rightful identity!
Identity theft protection can help you recover from expenses that you may need to incur because of fraudulent use of your identity:
This coverage can provide as much as $10,000 in reimbursement to get you back to being you again. And its automatically included in most renters insurance policies.
Our buy online renters program through Peace Hills Insurance* automatically includes Identity Theft coverage as well as Legal Expense Insurance, another important enhancement to your renters policy that you hope you never have to use!
* All information in this article is based on the coverage provided through MIG Insurance via our online renters insurance program underwritten by Peace Hills Insurance. Please note, coverage can vary from one insurer to another. In all cases, policy wordings will apply.