According to the Federal Trade Commission, over 15 million Americans become victims of identity theft every year. And without identity insurance, they find themselves unable to use their credit cards and be approved for loans. They may even find that it is difficult to obtain credit for minor things like cable service or a cell phone. Victims soon realize that their identity was the most valuable possession they owned, and they regret not taking steps to protect it. Learning how to prevent identity theft is something everyone needs to do these days, as is obtaining identity theft protection in the event their personal information is compromised. Identity theft insurance is the most inexpensive way to protect yourself.<\/p>\n\n\n\n
When a thief steals your personal information, such as bank information or your Social Security number, he or she is able to open new accounts or lines of credit to make purchases using your identity. Obviously, the identity thief has no intention of paying you back for any losses, leaving you with possible debt, and even worse \u2014 the loss of your good reputation. While identity protection doesn\u2019t prevent thieves from incurring debt using your name, victims are seldom held liable as long as they follow the required steps. However, taking the steps to contact banks and credit issuers to dispute charges can be time consuming and stressful without help. Proper identity theft protection<\/a> can help with this. It also covers costs that you may incur while rebuilding your identity, including the following:<\/p>\n\n\n\n It isn\u2019t just individuals who have to take steps to protect their identity \u2014 business owners have to be concerned about identity protection as well, both for themselves and for their customers. This is especially true now that data breaches are a growing concern. If a business\u2019s credit is compromised, it causes a chain reaction, trickling down to its employees who they may no longer be able to pay. Even more damaging, perhaps, is a tarnished reputation from damage caused by identity theft.<\/p>\n\n\n\n If you suspect you\u2019ve been a victim of identity theft,<\/a> immediately contact your financial institution, credit card companies, and the three credit reporting agencies. You should also file a complaint with the FTC<\/a>. If you haven\u2019t already, be sure to obtain identity insurance<\/a> before you become a victim, as it can help you restore your reputation more effectively and quickly than if you tried on your own. An insurance agent can recommend the right type of identity insurance to protect you or your small business. Visit your local Freeway office<\/a> or call 800-777-5620<\/strong> for a quote. Identity theft insurance is inexpensive and easy to apply for. A quick call can protect your most valuable possession: your identity.<\/p>\n","protected":false},"excerpt":{"rendered":" According to the Federal Trade Commission, over 15 million Americans become victims of identity theft every year. And without identity insurance, they find themselves unable to use their credit cards and be approved for loans. They may even find that it is difficult to obtain credit for minor things like cable service or a cell […]<\/p>\n","protected":false},"author":1002628,"featured_media":11148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2015],"tags":[],"importance":[],"type-content":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/10985"}],"collection":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/users\/1002628"}],"replies":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/comments?post=10985"}],"version-history":[{"count":2,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/10985\/revisions"}],"predecessor-version":[{"id":11698,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/posts\/10985\/revisions\/11698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/media\/11148"}],"wp:attachment":[{"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/media?parent=10985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/categories?post=10985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/tags?post=10985"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/importance?post=10985"},{"taxonomy":"type-content","embeddable":true,"href":"https:\/\/www.freeway.com\/knowledge-center\/wp-json\/wp\/v2\/type-content?post=10985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Business Owners Need Coverage, Too<\/h2>\n\n\n\n
What to Do If You\u2019re a Victim of Identity Theft<\/h2>\n\n\n\n