Identity theft protection programs, also known as identity theft insurance, are types of insurance that help cover costs related to identity theft. These costs can include phone bills, legal help, and other expenses incurred during the identity recovery process. Identity theft protection programs can be purchased as standalone policies or as add-ons to existing policies, such as homeowners or renters insurance. It's important to note that identity theft protection programs may not cover all types of money lost and that the cost depends on various factors, including where you live and how comprehensive the coverage is.
When considering identity theft protection, it's also important to take steps to protect your identity and hire Identity theft assistance. Additionally, it's a good idea to ask yourself if you are at a high risk for identity theft and to check if you already have some form of identity theft protection through your credit card company, employer, or other insurance policies.