Identity theft has grown exponentially over the past decade, especially as with the invention of cyber tools. To help our readers in this regard, we have studied the two biggest companies in the ID protection industry to help you choose a world-class identity theft protection service provider that can monitor your online dealers so that you do not fall prey to cybercriminals.
Identity theft protection service is crucial in today’s world. Our review explores the differences and similarities, pros and cons from each service provider as well as key features from each company to help you make an informed decision.
What Are Identity Theft Protection Services?
Identity theft services is an ironclad service that helps to scrutinize personal information in public records, websites, credit applications and various places for signs of identity theft.
There are different services available to correct issues when identity theft occurs. Sometimes, they offer insurance for Identity theft, and this covers:
- Public record searches
- Chat room monitoring
- Monitoring of black market websites
- Certain out-of-pocket losses
- Virus protection software
These services also include credit monitoring service that provides your periodic credit scores and monitors your credit history. Identity monitor varies widely in services and prices. This service goes as much as one dollar in a month to $15 per month.
Overview: IDShield Identity Theft Protection Service
IDShield is one of the best protection. Service that offers the most comprehensive products for restoring and protecting the identity of their customers. The company offers up to $5 million guaranteed in case your identity gets compromised.
The service monitors every part of your identity – not just your bank accounts, credit card, and social security number. They also monitor information like phone number and addresses.
All these information are updated daily, and therefore if there is any trace of identity theft, they will be the first to know.
Overview: LifeLock Identity Theft Protection Service
LifeLock is an American based company that specializes in providing identity theft protection system used to detect fraudulent activities that can compromise a citizen’s financial security.
LifeLock has three main functions: looking for signs of identity theft on your credit files, telling you about potential issues, and helping you with recovery.
Another vital function of LifeLock is that it helps to check if your SSN or any other information have been used recently. This ranges from special features that check if someone uses your name on a sex offender registry or when arrested, to basic features that check for credit applications in your name. The service identifies problems related to identity theft and helps you to rectify the issues.
Shield vs. Lifelock: Similarities
- LifeLock and IDSHIELD are equipped with varieties of plans and features that help to detect fraud and identity theft, they both also provide services that help to get you back up when you’re targeted by identity theft.
- With a premium package, LifeLock and IDShield provide you with source credit reports and mobile apps from three bureaus.
- The companies also offer lost wallet assistance, bank account, SSN, and credit card monitoring. They also scrape through the dark Web for your personal information.
- They also monitor arrest and court records.
IDShield vs. LifeLock: The Better Protection Service
IDShield vs. LifeLock: Identity Monitoring
LifeLock uses the U.S Potala service to check any changes that might occur with your name. It also monitors the dark Web and one credit bureau for changes or activities. With LifeLock, you’ll be able to get lost wallet protection, credit alert, and Social security number alert with your plan.
On the other hand, IDShield uses top of the line technology to monitor your social security number and name for any fraudulent activity that may occur with your identity. Deceased, minor, and medical identity theft are also included.
IDShield also monitors Internet relay chat channels, P2P networks, black market websites, social feeds, and chat rooms for information that applies to you. This includes your birthday, drivers license number, medical identification numbers, emails, and passport numbers.
IDShield vs. LifeLock: Financial and Credit Monitoring
LifeLock offers monthly credit scores from a bureau with three annual reports from different bureaus while IDShield offers credit scores quarterly from a credit bureau and a little more through credit monitoring.
LifeLock also provides various features that help monitor your credit and finances likes bank and credit card activity notifications, credit inquiry alerts, and investment account alerts.
IDShield vs LifeLock: Identity Restoration & Insurance Coverage
There are three tiers available for LifeLock Identity. They include the standard tier, available for $9.99 per month, the advantage plan, available for $19.99 monthly, and the ultimate plus plan, available for $29.99 per month.
The standard tier has a $25,000 reimbursement for stolen funds, and this increases to $100, 000 with the advantage plan, and $1 million with the ultimate plan. These plans are also supported with up to $1 million guarantee service to restore your identity if any problem should occur.
IDShield provides up to $5 million to restore your stolen identity if it was stolen. This is different from insurance companies that cover for theft associated losses. The $5 million service guarantee has no extra free, and it comes with every IDShield plan.
IDShield vs. LifeLock: Customer Service & Reputation
IDShield and LifeLock come correct in this regard as they offer qualitative and quick response customer care services to their clients. LifeLock one ups IDShield due to the 24/7 member support that is designed to cater to customers needs regarding all forms of identity theft and related services.
Additional emphasis is placed on ease of use by LifeLock as they provide online resources that help customers to fix issues without help from their support staff.
The attention to detail both offline and online is the reason why we rate LifeLock over IDShield in terms of customer service reputation.
IDShield vs. LifeLock: Mobile Access
The mobile applications for both LifeLock and IDShield have good reviews and customers antenna able to access their accounts easily when they’re not home. The apps are updated regularly; therefore, both options are suitable for easy mobile access.
IDShield vs. LifeLock: Family/Child Protection
When it comes to family protection, IDShield is highly recommended since it covers up to eight minors and two adults for $19.95 in a month. It is important to protect your children’s information just as much as you protect yours.
The family coverage of IDShield is one of the most affordable prices when it comes to ID theft protection services. So, if you’re one with a big family, it is best to use IDShield to protect your family’s information.
LifeLock, on the other hand, requires separate accounts for adults, and you have to pay up to $5.99 for every child for the LifeLock Junior package.
IDShield vs. LifeLock: Pricing
IDShield is available for just $9.95 per month. It has a special plan for families which costs $19.95 per month and allows up to two adults and eight children.
LifeLock, on the other hand, is a bit complicated. It has three plans which were mentioned above. The price ranges from $9.99 to $29.99. The plans may cost more, but there’s also quite a bit more protection.
So, Which Identity Theft Protection Service protects you the most?
IDShield And LifeLock are both good choices. If you’re a family person, then IDShield is the plan for you, but overall, we’ll choose LifeLock over IDShield.
When it comes to detailed credit monitoring and comprehensive coverage, LifeLock beats IDShield easily. LifeLock also has account alerts that allow their customers to stay on top of their information.