How Renters Insurance Can Protect Your Identity
There are several steps that you can take to protect your identity and private personal and financial information, but did you know your insurance agent can help you in this endeavor? With the right endorsement to your apartment rentals insurance in Champaign Illinois, you have one less thing to stress over should your identity ever become compromised.
The most important thing to keep in mind with renters insurance and identity theft is that you have to have the identity theft endorsement added to your policy, otherwise, you are unlikely to be covered in the case of identity theft. The way this particular endorsement works is that it takes care of the cost of taking back your identity, such as mailing official letters to your creditors and working with notaries. Besides being expensive, reclaiming your identity can take time. While this endorsement won’t do much about the wait, it can lessen the financial burden.
Know that your renters insurance policy does not take care of any fraudulent debts and expenses accrued while your identity was stolen, but this isn’t money you personally spent and shouldn’t be held accountable for.
Ask the company that handles your apartment rentals insurance in Champaign Illinois, to see if they have identity theft protection. One simple question can help you avoid an abundance of frustration and unnecessary spending.