The credit card industry is growing at an unprecedented rate. According to a recent survey, the average American household has 2.6 credit cards. People should take note that one of the most prevalent credit card scams in society today is identity theft. In fact, $16 billion was stolen from 12.7 million U.S. consumers through identity theft in 2015. What people do not realize is that having numerous credit cards can also put them at risk for identity theft. Fraudulent activities are very prevalent in the industry and the best targets of the culprits are those who have numerous credit cards. Becoming a victim of identity theft can be costly, time consuming, and wreak havoc on your life.
Identity Theft coverage from North Bay Insurance Brokers, Inc. is a simple and affordable way to protect you and your family from this growing threat. By adding ID coverage to your current Homeowners, Condo, or Renters Insurance policy, you’ll receive invaluable tools to help cover the costs and expenses of restoring your identity.
Included in a policy with Identity Theft protection are expenses associated with:
- Attorney Fees
- Costs of Certified Mail
- Loan Re-Application Fees
- Costs of Long Distance Phone Calls
- Reimbursement for Lost Income
- Costs of Executing Affidavits
Identity Theft Prevention Tips
Never give out any personal data or information over the phone; even if the caller says he is from the bank that issued your credit card and that the information gathering is just some sort of verification.
If you are offered a promotion requiring you to give some personal information, then, it would be better not to enter the promotion at all.
Do not carry all of your credit cards with you; take only the one or two that you will need. You will never know what will happen while you are in a public place, where identity theft could just be lurking around, waiting for its next victim.
North Bay Insurance Brokers, Inc. is committed to providing expert advice and quality insurance products that keep your future protected. From keeping your identity and confidential information secure to insuring your personal items under an umbrella policy, we have the solutions you’ve been looking for should theft, an accident or even a lawsuit ever occur.