Articles Editor's Blog Reader Mail

Do You Need Identity Theft Insurance? Carson City NV

No insurance policy can truly prepare you for identity theft. Identity theft insurance does not actually cover you for the monetary loss you suffer from identity fraud. Read on and know more.

Allstate Insurance Companies
(775) 883-0505
194 W Winnie Ln
Carson City, NV
 
Interstate Insurance Services Inc
(775) 883-2929
Carson Mall
Carson City, NV
 
Scharo Linda
(775) 883-6666
502 E Long St
Carson City, NV
 
State Farm Insurance
(775) 882-3315
1007 S Carson St
Carson City, NV
 
Jewels Benefits
(775) 883-6052
520 S Curry St
Carson City, NV
 
Northern Nevada Insurance Agency
(775) 267-3201
Carson City, NV
 
Nevada Insurance Agency Co
(775) 883-6666
502 E Long St
Carson City, NV
 
Farmers Insurance Group of Companies
(775) 884-1045
600 E William St
Carson City, NV
 
Country Insurance & Financial Services
(775) 884-4000
502 E John St
Carson City, NV
 
Thrivent Financial For Lutherans
(775) 882-9302
1502 N Carson St
Carson City, NV
 

Do You Need Identity Theft Insurance?

Provided By: 

Identity Theft Insurance

400,000 victims a year and a small premium to pay for coverage, but is it still good value for your insurance dollar?

It’s that sinking feeling that no insurance policy can truly prepare you for: you have just been the victim of identity theft. Someone has stolen your driver’s license, Social Security number and most catastrophically, your credit card. Before you realize anything’s awry, this thief has racked up thousands of dollars in debt, rented apartments or cars, and made big-ticket purchases – all in your name. You can’t possibly pay off this stranger’s reckless spending spree, and suddenly your credit rating is in tatters.

Thankfully, insurance companies do offer indemnity for this growing problem, and at first glance it looks like a wise policy to have in place. The premiums on identity theft insurance (also called identity fraud insurance) can run as low as $25 a year and provide about $15,000 worth of coverage. This fee can be added to your current polices for home insurance or travel insurance , or it can be set up as a stand-alone account. Though accurate figures are hard to pin down, the Federal Trade Commission estimates that there are somewhere between 160,000 and 400,000 victims of identity fraud in America each year, and the number has been steadily rising.

So why wouldn’t you rush out and get such an affordable policy if you haven’t already?

Well, there is one important thing to keep in mind before you do: identity theft insurance does not actually cover you for the direct monetary loss you suffer from identity fraud. That’s right. If the crook goes out and buys $5,000 worth of DVDs on the Internet with your credit card number, the insurer isn’t going to turn around and pay off that bill for you. Instead, what the policy does cover is the expenses you incur setting your financial house back in order. These expenses can include:

  1. Fees for reapplying for loans that were turned down because of incorrect credit...

Click here to read the rest of this article from Insurance Guide 101

Nevada Computer Crimes Laws

Civil Lawsuits Permitted?: No

Attempt Considered a Crime?: Yes

Misdemeanor Computer Crimes: Unlawful access is a misdemeanor as well as unlawful interference with or denial if access or use

Felony Computer Crimes: Unlawful access done to defraud or obtain property or causing damages excess of $500 or interrupts/impairs public service/utility is a class C felony; unlawful interference with or denial of access of use done to defraud or obtain property is a class C felony.

Mental State Required for Prosecution: Knowingly, willfully

Code Section: 205.473, et seq.

Source: http://statelaws.findlaw.com/

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap