Insurance: Id Fraud

The Safety Net: Navigating the Value of Identity Fraud Insurance

Financial support for time taken off work without pay to meet with law enforcement or legal counsel.

ID fraud insurance is a service—often offered as a standalone policy or an endorsement on homeowners or renters insurance—that reimburses victims for the costs associated with restoring their identity. Unlike standard fraud protection from banks that covers direct monetary losses from credit cards, ID theft insurance focuses on the "hidden" costs of recovery: