Identity Theft Protection Services
When we live so much of our lives online, our personal information is continually at risk. Information travels through cyberspace and can be stolen and used for fraudulent purchases, credit card or bank account applications, tax filings, and a host of many other things, any of which can easily damage your credit or cause financial headaches for you and your family. Identity theft can also be very hard to recover from.
The statistics regarding identity theft are alarming:*
- Over 5.7 million consumer reports were reported in 2021.
- Over 2.8 million (49% of all reports) were fraud reports.
- 1.4 million (25% of all reports) were identity theft reports, while 1.5 million (27%) were other types of fraud reports.
- Consumers reported losing more than $5.8 billion dollars to fraud in 2021, and increase of more than 70% over 2020.
Identity protection services monitor information and, in some cases, can stop a theft attempt that is in the works.
PEF MBP Identity Theft Protection Resources Available
Liberty Mutual
Your identity is your life. Now you can protect it for as little as 7 cents a day. Each year millions of people lose thousands of dollars due to identity theft and spend hundreds of hours trying to clear their name. Liberty Mutual’s Fraud Expense Coverage1 will pay for expenses and provide a counselor to help you recover your stolen identity. Just add it to your home, condo, or renters policy.
1Pricing and coverage may vary by state.
Learn moreFarmers GroupSelectSM
Today, identity thieves are becoming more sophisticated and daring than ever before. Identity theft is one of the fastest growing crimes in America. That is why Farmers GroupSelect has a suite of identity theft protection services that can help you, even if you only suspect there may be a problem.
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