Traveler's is offering identity theft insurance, which reimburses expenses incurred if you are a victim of identity theft. It can be purchased as a rider to existing Traveler's homeowner's policies for $25.00/yr, or as a stand-alone policy ($60/yr and up). Citibank cardholders can enroll after logging into your account and received a three month free review period. For those who don't have Citibank cards: http://www.travelerspc.com/personal/theft/ It's not available in all states yet. breeze
Hey, whatever becomes a "hazard" to enough people that they think they have a market, I'm sure. You would think they would just add this as a provision in homeowner's policies, huh? I applied, they just sent me an email I was approved. LOL, I think that means my credit card authorization went through. Many, many states still use my SSN as my identifying number for a license in their state. If I want the license (it's my livelihood) I have to let them do it. Then, if I am talking to you on the phone and you request my license number, I have to give it to you. Not to mention, all my applications have my license number on them. Scares me! I think I need this insurance. breeze
Other Hazard Insurance Coverage How about... Stupidity Insurance: I dated the wrong person. We just broke up. I just figured out how MUCH I spent on the now insignificant other... I want my money back. Buyer's Remorse Insurance: I bought it, I changed my mind several years later and now I want my money back. Jack#%s Creditor Insurance: I bought it on their card... I left a balance...I did everything right and they just jacked my interest rate for the fun of it and amazingly I don't want to get socked for balance transfer fees from Jack$%s Creditor Number Two. Pays the original balance off NOW for you. Aging Insurance: I bought it. It worked great/ or I looked great in it... but now I'm older and I don't use it / can't get into it anymore and now I want my money back. FICO Insurance: I bought it... and it... and it... and I love it but my ratios are off and I need a higher score... and now I want my balances paid off for me. 3 Stooges Insurance: I didn't buy it... it's not my account, baby... but it keeps reappearing like a bad rash on my credit report. Pays for a credit expert, pays for pain and suffering, higher costs of credit, emotional damage... or a hit man for your CRA of choice. (underwritten in NJ). Credit Information Insurance: I read about credit. I know too much. I am going insane thinking about scores/ ratios/ interest rates and the timing of my payments. Pays for intensive therapy. Get a Life Insurance: I've been on this board too much... my credit is back on track and still here I am... Pays to go on a trip and/or get a life.
Re: Other Hazard Insurance Coverage LMAO!! That's great Marie! Please don't leave - you give too much valuable input. Also, this is becoming a consumer movement, you know, not just a credit repair board. Bet if you went on vacation, you'd still check the board - I did, LOL. breeze
Re: Other Hazard Insurance Coverage I have F.I.C.O. 685-698...I wouldn't consider my credit "FIXED" until I get my F.I.C.O. ABOVE 750...AND get approved for 3 new accounts with-out any denials in one year...OR CITIBANK CALLS ME ON THE PHONE DEMANDING I TAKE THEIR CARD WITH NO INQUIRY...even though I have been denied 6 times in 2 years, AND HAD 2 ACCOUNTS AT THE SAME TIME 10+/- YEARS AGO... NO BK NO COLLECTIONS NO LATES NO OVER-LIMIT OLDEST CREDIT CARD 1978
Re: Other Hazard Insurance Coverage Marie, I'm ROTFLMAO!!! Besides, I want all of the above, how much is it? Are Premiums paid annually or bi-annually? What credit cards will they take for payment? Can I get a refund if after 6 months I decide I don't want the insurance? Does applying for this insurance require a hard or soft inquiry on my credit report? Will having such a policy hurt or help my credit score? Please send the full terms and all disclosures so I can be fully informed before applying.
********************** You can't get the insurance if you have a bad credit report or a low credit score or if they do isuue you a policy the premium will be 500% of the regular rate!=========
lb, I'm not sure if you're joking or not, but in case you're not, there was no inquiry. Just CC authorization. However, I signed up from Citibank's site after logging into my account there - maybe that makes a difference?? Good enough for Citi, good enough for Traveler's. LOL. There was no "information practices" notice, which is required in VA, and there was no authorization to pull a report. Of course, some companies are known for underwriting at the time of the claim, so they may check my credit and refund my premium if/when I ever file a claim. Traveler's doesn't have a reputation for that, but...... breeze
LOL, OK. They don't use reports. Seems like they would, but they don't. Maybe they check something else we don't know about. Maybe someone is keeping a record and we have a "stupidity" score somewhere or something. Mine would most likely be high. breeze
