The credit card industry is growing at an unprecedented rate. According to a recent survey, the average American household has 2.6 credit cards. People should take note that one of the most prevalent credit card scams in society today is identity theft. In fact, $16 billion was stolen from 12.7 million U.S. consumers through identity theft in 2014. What people do not realize is that having numerous credit cards can also put them at risk for identity theft. Fraudulent activities are very prevalent in the industry and the best targets of the culprits are those who have numerous credit cards. Becoming a victim of identity theft can be costly, time consuming, and wreak havoc on your life.
Identity Theft Prevention Tips
Never give out any personal data or information over the phone; even if the caller says he is from the bank that issued your credit card and that the information gathering is just some sort of verification.
If you are offered a promotion requiring you to give some personal information, then, it would be better not to enter the promotion at all.
Do not carry all of your credit cards with you; take only the one or two that you will need. You will never know what will happen while you are in a public place, where identity theft could just be lurking around, waiting for its next victim.
Your home and identity is probably your most valuable asset, both as an investment and as your sanctuary in a hectic world. When your home is damaged or destroyed, you need your claim settled by an insurance company that understands this simple fact. Coverage availability and prices may vary by company. We can help you determine which of several companies we represent will best meet your needs and provide the most valuable combination of tailored coverage, quality service and fair pricing.
With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.