Have you ever considered the following scenarios?

• You apply for a credit card. You are turned down because of a low credit score – yet you know you’ve always paid your accounts on time.

• A debt collector calls, demanding payment on a six-month overdue account for a credit card you have never had.

• You receive a credit card in the mail that you never applied for.

Why could these instances be happening? You could very well be the victim of identity theft and an impostor may be using your personal information to obtain credit.

The good news is that you can insure yourself against the atrocities of identity theft. And while the coverage cannot protect you from becoming a victim of ID theft, it can provide you with coverage for the cost of reclaiming your financial identity – such as hiring an attorney, making phone calls, and lost wages.

Your direct monetary losses incurred as a result of that theft are not generally insured, and most ID theft policies have coverage limits of $10,000 to $15,000.

With data being transmitted faster and faster over multiple channels, it is important to protect yourself now before you become the victim of identity theft. Call the Townsend Insurance Group to find out how you can take steps today that will protect you tomorrow.