Do I Need Identity Theft Protection in New Jersey?

It seems like nowadays everything is online, and that includes your personal and professional life. There are several policy options when it comes to protecting what matters most. New Jersey business insurance will have an opportunity to add identity theft coverage.

Fortunately, a New Jersey independent insurance agent is on your side and knows what exposures are out there. They can shop the local carriers so that you find a policy to suit your needs and budget. Connect with a trusted expert to get started. 

What Is Identity Theft?

Now it's easier than ever before to steal someone's identity online. If you house sensitive information on your computer, phone, or more, it can be stolen. The proper protection is necessary to avoid a significant loss. 

• Identity theft: This is the act of someone stealing your identity and making purchases, withdrawing funds, and more in your name. Typically your Social Security number, bank account information, and date of birth can all be ways of obtaining your sensitive data. 

Number of identity theft complaints lodged with the Federal Trade Commission in the US, by state

It can take weeks or even years to get the theft of your identity sorted out. Instead of becoioing the victim of this horrible crime, be prepared with the proper coverage.

What Is New Jersey Identity Theft Insurance?

In New Jersey, identity theft insurance can protect your personal or business ventures. Check out how it works:

• Personal identity theft insurance: Your homeowners policy can come with identity theft coverage. It will help pay the fees to restore and resolve your identity when a loss occurs. 
• Business identity theft insurance: Your commercial policies can have coverage for identity theft as well. It's typically found under your general liability or cyber liability policies.   

Do I Need Identity Theft Protection in New Jersey?

It's crucial to have the correct coverage in place before it's too late. In New Jersey, there were 1,078,146,000 homeowners claims paid in just one year, and some of those were related to identity theft losses. 

Rate of identity theft reports in the US, by state

The number of identity theft reports in the US is significant. This means having insurance that covers those types of claims is necessary.

What Can I Do to Prevent Identity Theft in New Jersey?

Your New Jersey insurance policies can help you cover a loss when it happens. However, to prevent an incident from ever occurring, you'll want to take extra precautions. Here are some necessary steps to avoid identity theft:

• Hire an IT company: This will help set your business and personal life up for success. An IT company can quickly prepare your computer systems for an attack before it occurs, thwarting off predators.
• Use anti-malware software: If your personal or business computer doesn't have anti-malware software protecting it from online scammers, then you could be exposed.
• Look out for phishing emails: If you know what a phishing email looks like, you won't be tempted to compromise your sensitive information. 

Are My Employees at Risk for Identity Theft in New Jersey?

If your company secures sensitive employee and client information on a server or database, you're at risk. At any moment, a staff member could receive a spam email that lures them to click an unsafe link, taking down your whole system.

Cyber liability insurance will protect your company from a lawsuit by an impacted employee or client. When a cyberattack happens, this policy can save you from a lot of headaches. Unless you stick solely to paper, you should speak with a trusted adviser about some options.

How a New Jersey Independent Insurance Agent Can Help

Your sensitive information is at risk all the time. Cyber thieves are lurking around every digital corner, waiting to pounce on their next victim. Instead of letting them, consider speaking with a licensed professional for free about your coverage options.

A New Jersey independent insurance agent will have access to multiple carriers at once, making it simpler than ever. They'll even do the shopping for you so that you can rest easy. Get connected with a local expert on trustedchoice.com for custom quotes today.