Identity Fraud Expense Coverage provides insurance protection for the cost of clearing one's name and correcting their financial records if they are
Travelers Property Casualtyaud Expense Coverage provides insurance protection for the cost of clearing one's name and correcting their financial records if they are the victim of the growing crime of Travelers Property Casualtyaud. In cases of Travelers Property Casualtyaud, criminals steal the identities of innocent consumers - by theft of Social Security numbers and other forms of personal identification - to use the victim's good credit to fraudulently obtain money and property.
This coverage can be added to a Travelers homeowners or tenants policy for an additional premium. It reimburses policyholders for up to $15,000 in expenses they may incur as a result of becoming a victim of Travelers Property Casualtyaud. Expenses covered include legal expenses, loan re-application fees, telephone and certified mailing charges, notary expenses and lost wages for time taken from work to deal with the fraud.
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