This year alone, over 12 million Americans will have their identity stolen. Of those, 2.5% will be cases involving child identity theft. 4 million of those victims will have their social security number stolen1, which is the most damaging form of identity theft. Identity theft costs consumers and businesses nearly 20 billion dollars annually, as well as endless amounts of time spent trying to repair the damage done by these crimes. Unfortunately, reported cases of identity theft have been on the rise in the past 5 years. Because of this, it’s even more important than ever to ensure you have identity theft protection measures in place to secure your personal information from criminals who are trying to use it to commit fraud. We have outlined several measures you can take on your own to help safeguard your identity, but we also recommend consumers sign up for a professional identity theft protection plan with one of the major protection companies. There are more than a dozen companies that provide these id theft and credit monitoring services, however not not all provide the same level of protection. We have put together a list of what we believe are the best identity theft monitoring services currently available. These plans vary in monthly cost and features. If you have any questions regarding the information shown here, please contact us and we will do our best to help you choose the best service for your situation.
1 Based on projections from a 2013 Identity Fraud Report from Javelin Strategy & Research. http://www.identitytheftassistance.org/pageview.php?cateid=47
Credit scores are provided by CreditXpert based on data from the credit reporting bureaus.
**Identity Theft Insurance underwritten by insurance company subsidiaries or affiliates of American International Group‚ Inc. The description herein is a summary and intended for informational purposes only and does not include all terms‚ conditions and exclusions of the policies described. Please refer to the actual policies for terms‚ conditions‚ and exclusions of coverage. Coverage may not be available in all jurisdictions.