Why Identity Theft Prevention

You might be wondering why becoming a customer of an identity theft prevention company is worth your money. Here are the top reasons identity theft prevention is a wise investment.

Time Saver

It's no secret that you don't need an identity theft prevention company to set fraud alerts on your credit report, order your free annual credit reports, or take your name off junk mail lists. However, doing all of these things on your own in addition to monitoring your credit for any signs of theft would take hours and hours of your time. No matter how important ID theft prevention is to you, you probably don't have this kind of time to devote to it. With an identity theft prevention company, you can get quality identity protection in the most efficient way possible.

Small Cost for Big Rewards

The average identity theft prevention company charges about $10-$20 per month for their services. Contrast this figure with the average out-of-pocket expense of an identity theft victim: $500. And that's if you're lucky. Some identity theft cases cost victims much more than that, and some extreme cases will jeopardize more than just your money. For example, some identity theft victims have been denied employment or even gone to jail for the crimes identity thieves commit. Given these facts, the $10-per-month investment in an identity theft prevention company is well worth it.

Peace of Mind

Another benefit to using an identity theft prevention company over the do-it-yourself method is the service guarantee. Your identity theft prevention company will likely offer an identity theft service guarantee to back up their services. This means that if you become a victim of identity theft while you are a client, the identity theft prevention company will reimburse you for the ensuing expenses. These expenses usually also include the costs of professional services you require (such as accountants, attorneys, etc.) to make things right.

Convenience

An identity theft prevention company offers many convenient features in addition to identity protection. For instance, most companies will remove your name from junk mail lists, which means you will no longer be bothered with the nuisance of credit card pre-approval offers and other types of junk mail. Similarly, your identity theft prevention company might also offer services like lost wallet replacement, which helps you cancel and replace the cards and other items you keep in your wallet in the event it is lost or stolen. If you have any questions, please visit our FAQ page.