Be sure to have ID theft insurance. With some insurance companies you can even add it on to your homeowners policy for a small fee.
By Tina from Harrodsburg, KY
Editor's Note: There are some people that discourage buying this additional insurance, saying that it is not cost effective and not really insurance. Here's an article from Forbes.com:
"Identity theft insurance is the fastest-growing insurance product to come along in years, according to the Insurance Information Institute. But it's not really insurance and can increase the risk of becoming a victim by creating a false sense of security. Also, the apparent low cost of $25 to $60 for a policy actually isn't a good value relative to the risk."
Tell us what you think?
No wonder every credit card company is trying to sell it. I have denied each time it is offered. For the most part because the credit card company was offering it, and I felt that they are always looking out for their profit, not my protection.
