Identity Fraud Protection
Identity theft occurs when someone steals your personal information. In cases of identity fraud, criminals illegally obtain your personal information (such as a credit card number, medical identification number or Social Security number) and use the data to commit crimes in your name. Thieves may take over your existing accounts, use your name to open new accounts or apply for loans, among other crimes.
Identity Fraud Expense Reimbursement Coverage
Falling victim to identity fraud could tarnish your name, ruin your credit, compromise your financial and medical history, or drain your assets. Once the damage is done, the road back to restoring what was yours can be both time-consuming and expensive.
As the first insurer to offer reimbursement coverage for identity fraud expenses, Travelers may be able to help you repair harm that's been done.
If you become a victim of identity fraud, Travelers’ identity fraud expense reimbursement coverage can cover expense reimbursements up to $25,000, with no deductible, for named expenses incurred to restore your identity, including:
• Reimbursement for certain fees related to medical identity fraud.
• Travel expenses (up to $1,000 a week for up to five weeks).
• Replacement of government issued identification.
• Lost wages (up to $1,000 a week for up to five weeks).
• Reasonable attorneys' fees.
• Resolution services to help reclaim your identity and restore credit.
• Access to a consumer fraud specialist
If you don’t have it already, consider getting identity fraud protection. Our identity fraud expense reimbursement coverage is included for platinum plus homeowner policies, or can be added to any Travelers homeowners, condo or renters insurance policy for a low yearly premium. Considering what's at stake, it's a relatively small price to pay to help reclaim and restore your identity.