Question

Does identify theft insurance work, and is it worth the premium?

Answer

That’s a decision each person will have to weigh for themselves. Most of what ID theft protection can do, you can do for free. The premium is paid, and that might be worth the peace of mind for some. However, make sure to read what the insurance covers. Many people who are victims of ID theft recover most of their financial losses, but they can’t recover their loss of time recovering their identity, and that’s not usually covered by insurance.

Comments

Put a credit freeze on and it is free now, it will not hurt you if you are not needing credit from someone.

cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 
Users
Announcements

Ask the Expert: Juggling Caregiving Amidst Coronavirus this Holiday Season

Join AARP's Family and Caregiving Expert Amy Goyer to uncover the best ways to navigate the holiday season with your loved ones. Ask and Learn Now.

Labels (2)
Users Online (1,447)
featured_user
featured_user
featured_user