Allstate launches identity theft coverage in Tennessee: Allstate insurance has started offering identity-theft insurance as a rider to homeowners’ policies.
Allstate’s new identity theft expenses coverage is available for Allstate homeowners and renters in Tennessee for approximately $30 a year. It provides customers access to professional identity restoration assistance. If a customer chooses to do the work on their own, Allstate’s policy provides up to $25,000 in reimbursement coverage for expenses incurred to restore their identity, including attorney fees, loan reapplication fees, credit report fees, and lost wages.
Along with spam, identify theft is another parasite propeled by the Net. Funny how these things open up entire revenue streams of their own. For every problem, there is a solution…and someone who will sell it to you.
I wonder if they could increate the premium based on Net usage? Do they Google for you before they write the policy?