Secure Help with Recovering your Credit Ratings after Identity Theft

July 03, 2013

Safety from types of identity theftWhen it comes to identity theft protection, very little beats using best practices for safety and using the help of a protection service, but sometimes even that isn’t enough. When even the best protection is overcome, it can take months or years to recover your identity, good name and, possibly most importantly, your hard-earned credit ratings. The Equifax Finance Blog explains why you should consider extra help with that process in the new article, “

Do I Need Identity Theft Insurance?

One of the first things to note is that identity theft insurance doesn’t give you an extra layer of protection from the violation itself – that is done through an identity or credit monitoring service in addition to your own identity protection and prevention skills and habits. What the insurance does help with is recovering from the attack by reimbursing victims for the cost of restoring their identities and repairing their credit reports. Often, the insurance provides access to services that may help victims of identity theft recover their identities. The insurance covers expenses such as phone bills, lost wages, cost for notarizing fraud affidavits or other documents, and certified mail costs, and it also may occasionally cover pre-approved attorney fees.

Identity theft insurance ranges from $25 to $65 a year, but you should definitely shop around to see which one is best for you. As with any comparison shopping, make sure you understand what you are purchasing, and compare the product’s price, coverage and deductibles among multiple insurers.

For more help with identity theft protection, ways to boost your

credit score, how to buy real estate and much more, see the Equifax Finance Blog!

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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