Patricia Riederer, property product analyst with American Family Insurance, does a fine job of explaining it. “’Personal cyber insurance typically covers costs to hire a professional to reinstall your computer’s operating system and restore backed-up data,’ she tells PropertyCasualty360.com. ‘ID theft insurance provides coverage when someone wrongfully obtains and uses your personal information to commit fraud.’”
But somehow I’m not sure my in-laws and many other older Americans will get it quickly.
Source: Are you talking to policyholders about ID theft endorsements? | PropertyCasualty360