Saturday, September 19th, 2009 (No comments yet
There are are a variety of sources that you can find that say that insurance doesn't work, but some people feel some peace of mind by having it, necessary or not.
Fair enough. But consider that when you are paying for a service, you should get your money's worth or it's nothing but a rip off. What do you really get for ID theft insurance? Granted the details vary by the service, but once you freeze your credit, what do you need the insurance for?
If you must pay for a service you don't need, at least pick one that's not tricking you out of your money. Do some research before pulling out the checkbook so-to-speak. As an example, take a close look at Lifelock and what they offer, and you'll quickly see it's not all it's cracked up to be.
Solving ID Theft
|Lock your credit reports with a Credit Freeze to prevent credit-based ID theft (90% of ID theft risk).|
|Learn to protect your information to prevent not only ID theft, but many other kinds of problems (the rest of ID theft risk).|
Save Time and Money
Who is Responsible?