Identity theft expense coverage added to a homeowners policy generally pays:

a.The full balance a thief charged to the accounts
b.Cash the thief drew from the checking account
c.Notary, mailing and legal costs to restore credit
d.Any drop in the value of the insured's home

Explicación

The endorsement is expense coverage: it reimburses the costs of putting an identity back together, such as notary and certified mail charges, credit report fees, attorney fees and lost wages spent resolving the fraud. It generally does not repay the fraudulent charges or the stolen funds themselves, which are usually the bank's or card issuer's problem, so the answer naming the account balance describes the wrong loss.

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