Identity Theft Protection

Identity Recovery Coverage is automatically included free of charge with all IMT Insurance and Wadena Insurance personal auto policies. Unlike other “Identity Theft Insurance” products, our Identity Recovery coverage combines insurance with services that help victims restore their credit history and identity records. With identity theft now one of the fastest growing crimes in the United States, this coverage provides you with the protection you need.

Time is Money

Identity theft victims report the biggest “cost” of identity theft is the time and frustration they incur correcting their credit history and identity records. The average victim spends 60 hours to rectify the damage and many cases take much longer. Our Identity Recovery services are designed to ease the burden and perform the bulk of the work on behalf of a victim.

A Unique Kind of Coverage

Identity Recovery Coverage is different from so called “Identity Theft” insurance that is typically limited to expense reimbursement coverage only. Our coverage offers expense reimbursement coverage along with specially designed services to help restore credit history and identity records to pre-theft status.

Identity Recovery Help Line

If you suspect you may be an identity theft victim, an Identity Recovery Help Line connects you directly with counselors who will answer your initial questions, provide information about identity theft and send you a guide with advice about what to do immediately.

Identity Recovery Case Manager Service

Confirmed identity theft victims are referred to an experienced Case Manager who performs much of the work on their behalf to restore their credit history or identity records. It is very helpful for identity theft victims to have the assistance of a Case Manager because it is typically very difficult for individuals to work with or even reach the correct persons in credit repositories, creditors and financial institutions. Case management service can include:

• Working with credit bureaus, creditors, financial institutions, and others to identify errors and help victims restore their records to pre-theft status;
• Requesting a fraud alert with credit bureaus where warranted;
• Preparing communications for victims to send the Social Security Administration, state Department of Motor Vehicles and other government entities;
• Working with victims to check for a recurrence of identity theft problems;
• Keeping detailed records of the steps taken and remaining in the process.

Case managers are very experienced in unraveling identity theft problems and can speed the recovery process since they are familiar with the appropriate process and procedures. Our recovery services typically can greatly reduce the time it takes for an individual to restore the identity to pre-theft status.

Identity Theft Insurance

Our expense reimbursement coverage reimburses victims up to $15,000 for covered expenses arising from a defined identity theft event, including:

• Lost wages as a result of time away from work to restore credit or identity records;
• Cost of obtaining credit repository reports;
• Fees when reapplying for loans initially declined due to falsified credit information;
• Postage, phone and shipping fees;
• Certain legal fees caused by identity theft;
• Notary and filing fees.

This latest innovation within our personal auto program is designed to provide you with a practical solution to a very real problem that confronts too many Americans each year.

This is a summary of coverage. Review the actual policy for details on all coverages, terms, conditions and exclusions.