Home Insurance -
Direct Line: ID theft on the up - 15/02/2008
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The number of Britons hit by identity fraud is growing sharply, home insurance provider Direct Line said yesterday.
According to the home insurance firm, ID theft is the UK's fastest-growing crime - with 137,000 incidents reported in the first nine months of 2007.
The fraud also costs the UK economy £1.7 billion a year, Direct Line said.
In response to this increasingly acute problem, the insurer has announced that it will offer a new identity fraud assistance helpline - where victims can receive advice and other help from a personal case handler.
Commenting, head of home insurance at Direct Line Andrew Lowe said: "Identity fraud is a serious threat with the number of reported victims having increased significantly over the past eight years.
"Victims of identity fraud could encounter debt collectors, court actions and difficulties getting a mortgage, credit card or bank account if their credit report is not corrected - we are giving our customers peace of mind by putting a support service in place to help them deal with this growing threat."
He added: "Being the victim of a crime can be distressing enough without the added worry of not knowing how to resolve the problem."
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