Buying Identity Theft Insurance
How to Buy Theft Insurance
Here are some important tips on How to recognize theft victims, for shoppers and merchants.
Should I buy Identity Theft Insurance?
Some companies offer insurance or similar products that claim to give you protection against the costs associated with resolving an identity theft case. As with any product or service, make sure you understand what you're getting before you buy.
�Be aware that most creditors will only deal with you to resolve problems, so the insurance company in most cases will not be able to reduce that burden.
�Contact your local consumer protection agency or the Better Business Bureau to find out if they have any complaints on file.
Source: FTC
The FTC works for the
consumer to prevent fraudulent, deceptive and unfair business
practices in the marketplace and to provide information to help
consumers spot, stop and avoid them. To file a
complaint or to get
free information on
consumer issues, visit
www.ftc.gov or call
toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The
FTC enters Internet, telemarketing, identity theft and other
fraud-related complaints into the
Consumer Sentinel Network, a secure online database and investigative tool available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
