Remember a couple weeks ago when we spoke about the importance of having someone checking your home while away on that warm vacation that you “won” by taking that telemarketer survey? Well, unfortunately that trip resulted in having your information getting stolen and your personal identity being compromised. Credit cards were forged and now you have charges in your name that shouldn’t be there! Why oh why was that telemarketer so convincing? Now you are sitting in a world of hurt and anguish, you are confused and have misplaced emotions, and wondering how you will escape the clutches of this unfortunate event. You grab your favorite blanket, lay down on the sofa and proceed to have yourself a good cry as you wonder what to do.
Suddenly it dawns on you and you stop your panic. The clouds of broken trust and fear begin to roll back with the glorious blue sky and warm sun shining down on this situation. You remember that your insurance provider has got you covered! Most companies offer a minimum of $10,000 of identity theft protection that will help you get your life back in order. This coverage will kick in to cover the costs of getting new documents produced, as well as kick in to cover unauthorized credit card charges that might exist. This coverage can be used any time you suspect that your identity has been compromised. The claims process is started simply by contacting your broker who will open up a claim on your behalf with your insurance company. Submitting a claim for this type of loss may cause a change in premiums due to discounts being affected, so be mindful of that fact if you should decide to pursue this option.
Identity theft protection. Who knew you would ever need such a coverage? Your broker did that’s who! Once this whole disaster blows over and what was lost has been returned, make sure you take the time to thank your broker and maybe even bring them that Iced Cap that they love so much. Brokers know that they often look like the hero, but deep down they are just regular people that want to help and see your problems through.
No matter what happens in the future, keep your broker close. You never know when you will need them to help you out of the proverbial hole you find yourself in!