10 Best Identity Theft Protection of 2017

Protecting our personal and financial information has become a must, especially in a growing digital world. We review the Best Identity Theft Protection services. 

Disclosure: We receive advertising revenue from some partners. Learn more.

Identity theft protection helps protect potential victims of identity theft. From social media to banking information, identities are more valuable than ever. A few errant credit card purchases, for instance, can ruin credit scores for years afterwards. Hiring an identity theft protection company ensures that your private information stays that way.

Before choosing an identity theft protection company, be sure to thoroughly research the services it provides. Companies typically offer four different services: credit monitoring, expert support, insurance, and information surveillance via internet and public sources. Through these, companies are not only able to detect identity theft, but can also greatly mitigate the damage thereof.

When agreeing to protection from identity theft, it is important to understand what is being agreed to. In some cases, for a company to act in one’s stead, it may need to be granted power of attorney. While this is mostly innocuous, this does allow them to contact banks and access information on the user’s behalf. It’s therefore important to make sure that the company you choose has a solid reputation and excellent customer service. Make sure to carefully review all documents the company provides, specifically with regards to services rendered, costs, and additional protection options, in order to prevent any remorse later on.

Top 10 Companies

#1
Identity Guard®
Our Partner
9.9 / 10
Write a Review
  • Editor's #1 choice, fantastic customer satisfaction
  • $1M Identity Theft Insurance
  • Helped protect more than 47 million identities
  • Quarterly Credit Score* Updates
  • A+ BBB Rating
  • 30 Day Free Trial, Renews at $17.99
  • What matters most is how a company helps you when your identity is stolen. That's why Identity Guard® is #1 recommended.
#2
Identity Force
Our Partner
9.8 / 10
Write a Review
  • $1M Identity Theft Insurance
  • Amazing Service - They Handle Every Detail
  • 35 years of experience
  • 30-day Free Trial, Renews at $14.95
  • Now offering Bank & Credit Card Activity Alerts!
#3
IDShield
Our Partner
9.6 / 10
Write a Review

 

  • Complete identity restoration services
  • Protection for up to 8 children under 18 years
  • Lost wallet assistance
#4
LifeLock
Our Partner
9.4 / 10
Write a Review
  • $1M Total Service Guarantee*
  • Black Market Website Surveillance
  • Reduced Pre-Approved Credit Card Offers
  • 10% off & 30 day Free Trial, Lifelock Advantage Renews at $19.99
  • Up to $1 Million Loss Protection Guarantee
  • Military-grade password encryption
  • Credit score tracker from Trans Union
  • Free spouse and child protection (Ultimate)
  • Identity theft recovery specialists
#6
True Identity
Our Partner
8.8 / 10
Write a Review
  • Online identity protection
  • Free of charge identity protection
  • No credit card required
  • One-touch credit lock
  • Get alerts to critical credit or information changes
  • Free and unlimited credit monitoring
  • 24/7 access to TransUnion credit report
#7
Watchman Identity
Our Partner
8.6 / 10
  • 24/7 access to Identity Theft Restoration advocates
  • Receive up to $1 Million worth of identity theft insurance coverage
  • Stolen or misplaced cards assistance
  • Secure and hassle-free identity monitoring
  • Key Logging Defense System

 

#8
Trusted ID
8.5 / 10
Write a Review
  • Personal or Family Protection
  • A+ BBB Rating
  • Get access to specialists to help in recovering and restoring your personal data 
  • 14 Day Trial, Renews at $20
#9
ID Watchdog
8.4 / 10
Write a Review
  • No $1 million insurance
  • A+ BBB Rating
  • 3 Credit report only available through their premium service 
  • No $1 million insurance
  • Some plans limit to 1 Score
  • Family, child coverage
  • Competitively priced
Don't see the business you are looking for?

Best Identity Theft Protection: Summed Up

RankCompany NameStrengths
1Identity Guard®Best Overall
2Identity ForceCustomer Service, Information Protection
3IDShieldCustomer Service, Service Agreements
4LifeLockCustomer Service, Service Agreements

How We Compare Identity Theft Protection

Select 2 identity theft protection companies to compare
vs
Credit Monitoring - 10%
Information Protection - 10%
Recovery Services - 10%
Insurance - 10%
Customer Service - 20%
Service Agreements - 20%
Cost - 10%
Reviews - 10%

Customer Questions & Answers

Why should I get identity theft protection if I can monitor my own credit?

When identity theft protection first entered the market, their services were often limited to monitoring credit. Over the years as identity theft became a more prominent threat, companies have expanded their service to address the rising concerns of consumer.

Now, identity theft companies monitor the internet and public databases for your personal information and may even keep an eye on your financial account activity, in addition to monitoring your credit report. If you are the victim of identity theft, these companies also will put you in touch with a professional to help guide you through the recovery process and provides insurance to help pay for the cost of recovering or repairing your identity.

Will identity theft insurance cover the costs stolen in my name?

No, identity theft insurance will not help cover your losses from identity theft. However, it will help you cover the costs of repairing your good name. For instance, if your wallet is stolen and you have to take time off work in order to replace important documents or identification, your insurance policy may pay for the time you lost in wages and the replacement fees for your identification.

It is important to remember, most insurance policies require you report your identity theft to the company within 90 days of suspected fraud, if you notice something they didn't.

What is my credit score and why is it important?

Your credit score is a way for lenders to quantify the information on your credit report. There are different models of credit scoring, the most familiar is the FICO score. Even though there are different formulas for calculating your credit score, chances are, the results of one scoring model will be close to the results of the others.

When you apply for a loan or a credit card, lenders will look at your credit score to determine your creditworthiness. If you have a high credit score, this suggests to lenders that you’ve been responsible about repaying debts on time and are likely to repay them as well. If your score is too low, lenders may increase your interest rate or deny you credit all together.

How can having my identity stolen impact my credit?

If a thief is able to open lines of credit in your name, they can destroy your reputation and years worth of responsible financial decisions in a matter of days. Opening new lines of credit will impact your credit report and score a little bit, however late payments are the biggest contributing factors to a low credit score. So even if a thief opens accounts in your name, racks up the bills and moves on to the next victim, the first time you miss payments on those accounts your score and credit history will be impacted, even if you didn’t know the bills existed. Over time, those late payment dings can add up, or perhaps more accurately, subtract from your credit score.

If I request a copy of my own credit report, will my credit score change?

No, when you request your own credit score, a “soft inquiry” will be put on your report, however this will not impact your credit score. The same is true if you have a company monitor your credit on your behalf (though it is ALWAYS a good idea to double check).

Resources From Our Editors
Is Identity Theft Protection Worth It?
Identity theft protection companies are becoming more and more prevalent, and they have a fair share of opponents who feel that the services they provide are not worth the money for consumers. It may be true that ultimately no one can...
3 Stolen Identity Horror Stories
According to a report released by the US Department of Justice, more than 11 million Americans fall victim to identity fraud or stolen identity every year. Most of these might just be drops in the bucket and might not grab national...
Editor's Choice
Our Partner