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Do You Need Identity Theft Insurance? North Las Vegas 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.

Monterrey Insurance
(702) 399-8006
2012 Carroll St
North Las Vegas, NV
 
Allstate Insurance
(702) 645-0843
6935 Aliante Pkwy
North Las Vegas, NV
 
Eilenfeld Lars
(702) 657-6340
4922 Via Luis Ct
North Las Vegas, NV
 
Greer Al
(702) 647-3507
3925 N Martin L King Blvd
North Las Vegas, NV
 
Auto Insurance America
(702) 649-4212
1221 E Lake Mead Blvd
North Las Vegas, NV
 
Farmers Insurance Group
(702) 649-2331
1616 Civic Center Dr
North Las Vegas, NV
 
Falcon Insurance Agency of Nevada
(702) 648-1273
4511 W Cheyenne Ave
North Las Vegas, NV
 
Cory Braddock Insurance Agency
(702) 396-6918
4770 W Ann Rd
North Las Vegas, NV
 
Golden State Mutual Life
(702) 399-1632
3100 E Lake Mead Blvd Ste 13A
North Las Vegas, NV
 
Cole Jere
(702) 649-9200
1631 W Craig Rd Ste 3C
North Las Vegas, 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...

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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/

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