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Identity Theft Protection

Illustration of identity theft protection for online purchases

Identity Theft Protection Facts

Every 2 seconds another American becomes a victim of identity theft. In a single year, over 6% of consumers became new victims of this fast-growing crime.

Even worse, 50% of all victims don’t discover the crime until over 90 days have passed, and 10%-20% of all victims won’t know they have been targeted until 4 years have gone by.

What Is Identity Theft?

  • Identity Theft

    Happens when someone steals and uses your personal information, typically for financial gain.
  • Identity Fraud

    In this case, your personal information is used to commit a crime. Both are very common. For that reason, identity protection is highly recommended.

Common Ways an Identity Thief Can Use Your Information

  • Stolen driver’s license

    Carried by people with DUI convictions, to give police your identity when they are arrested
  • Stolen health insurance ID

    To get expensive treatments under your insurance
  • Stolen Social Security number

    To give your social security number to an illegal worker in this country
  • Stolen identity

    To lease a vehicle in your name, buy a cell phone in your name to make expensive international calls, and to commit credit card fraud, purchasing merchandise online with your credentials
  • Tax Return Fraud

    Yes, countless criminals have filed tax returns using stolen identities and have received refund payments. How much? The IRS reports they erroneously paid out several billion dollars in fraudulent tax refunds in 2017
  • Stolen bank account numbers

    To steal your cash.

What Are the Damages of ID Theft?

  • Problems with law enforcement, if they erroneously have you listed as the perpetrator of a criminal act
  • Delayed medical treatment, if your health insurance has been ‘maxed out’
  • Problems getting credit to purchase a home or a vehicle
  • Trouble collecting your social security benefits

Not to mention these damages as well:

  • Lost wages while you attempt to undo the damages
  • Legal fees, as you hire attorneys to work on your behalf
  • Declined credit for legitimate purchases
  • Damage to your credit report

What Are the Chances of You Becoming a Victim?

Statistics show that you are more likely to become a victim of identity theft and fraud than a home burglary or vehicle theft. The good news is victims are often not held responsible for the fraudulent debts established in their name. However, victims of identity theft or fraud do have the responsibility of contacting banks, credit issuers, and other agencies to dispute these fraudulent charges; and that is no easy task.

The hours and effort required to contact these agencies and bureaus are a major inconvenience. The strain and stress significantly impact the lives of victims and their loved ones.

The Solution: ID Theft Protection from Freeway Insurance

A lock standing on a keyboard in front of a credit card.
Freeway Insurance’s Identity Theft Protection plan monitors your credit report and personal information and alerts you of suspicious activity. Our ID theft plan also assists with the costs of restoring and repairing a consumer’s identity and credit history.

Still Undecided? More Facts About ID Theft Protection

According to its identity fraud study, the Javelin Strategy Group reports that:

  • Almost 17 million Americans were victims of identity fraud.
  • The number of victims continues to rise every year.
  • Card-Not-Present fraudulent purchases (online purchase fraud) is now 81% more likely to occur than point-of-sale (in person) credit card fraud.
  • Account takeover losses tripled in a single year, increasing to their all-time high, largely because of large-scale data breaches.

What is Covered with a Freeway Insurance Identity Theft Protection Plan?

Members have 24/7 access to Identity Theft Restoration Advocates who provide comprehensive, personalized recovery services. If you become the victim of identity theft, we’ll assign a Recovery Advocate to manage your case. Your Recovery Advocate will work with our recovery team (fraud investigators, legal counsel, and other experts) to help with the recovery process. This includes:

  • Investigate and confirm the fraudulent activity, including known, unknown, and potentially complicated additional sources of identity theft.
  • Complete and mail customized, pre-populated, state-specific “Fraud Packet” via certified mail with prepaid return instructions.
  • Place phone calls, send electronic notifications, and prepare appropriate documentation on the member’s behalf, including dispute letters for defensible complaints to any and all appropriate state agencies and financial institutions.
  • Issue fraud alerts and victim statements when necessary, with the three consumer credit reporting agencies, the FTC, SSA, and U.S. Postal Service.
  • Submit Special Limited Power of Attorney and ID Theft Affidavit to involved creditors for card cancellation and new card issuance.
  • Contact, follow up and escalate issues with affected agencies, creditors, financial institutions, to reinforce member’s rights.
  • Assist the member in notifying local law enforcement authorities to file the appropriate official reports.
  • Utilize real-time access to public records reports including DMV, criminal, address changes, liens, and judgments for further investigation where applicable.
  • Provide peace of mind and resolution of key issues from start to finish as swiftly as possible.
  • Provide members with a “Case Completion Kit” including copies of documentation, correspondence, forms, and letters for their personal records.

Identity Theft Protection Pricing

Identity theft protection from Freeway Insurance is affordable costing just:

  • $60 for a 6-month plan.
  • $100 for a 12-month plan.

How Do I Get Identity Theft Protection?

Freeway Insurance provides identity theft protection options to give you peace of mind. Give us a call today to purchase identity theft protection.