Paul Adkins Chairman and CEO at Ovation Home Insurance Exchange | Official Website
Identity theft is a growing issue for homeowners in Florida, with incidents continuing to rise and consequences that can persist long after the fraud has been discovered. Many believe identity theft only involves stolen credit card numbers, but the problem often extends further. Criminals may open bank accounts, apply for loans, file false tax returns, or impersonate individuals to access utility services.
One example cited involved a South Florida woman named Teresa Dotson, who found that her identity had been used in several states to open fraudulent rideshare driver accounts. "Teresa Dotson never applied to drive with Uber, but a check of her records showed accounts under her name in locations she'd never been." She spent significant time on phone calls correcting information and reporting issues to credit bureaus.
Victims of identity theft typically spend many hours working with lenders, credit bureaus, utility companies, and government agencies to resolve these issues. Even when financial losses are covered, restoring credit and reputation takes time. This highlights the importance of identity theft restoration services.
Restoration services do not prevent information from being stolen but assist homeowners once fraud occurs. These services provide expert guidance through recovery processes. Ovation Home Insurance Exchange offers coverage that includes:
"A dedicated fraud specialist. Someone who understands the process, makes the calls, and coordinates with creditors on your behalf.
Damage assessment. A full review of the compromised accounts, charges, and records.
Reimbursed expenses. Up to $25,000 to cover attorney fees, lost wages, and other reasonable costs of reclaiming your identity.
Credit repair and monitoring. Support until your credit returns to its pre-fraud condition."
Homeowners face additional risks because their mortgages, insurance policies, property tax records, and utility accounts contain sensitive information. If fraudulent loans appear under a homeowner’s name due to identity theft, it can affect refinancing opportunities or securing favorable insurance rates.
Property title fraud is also an increasing threat in Florida. In one case mentioned in Tampa, a couple known as the Bilbys discovered their deed had been changed without their knowledge during home renovations. To address this risk counties are offering alert services that notify homeowners when deeds or title documents are filed using their names so they can catch fraud early.
Traditional insurance protects against physical damages such as fire or storms; however identity theft follows people everywhere they go—prompting insurers like Ovation Home Insurance Exchange to offer identity theft protection as an add-on for homeowners’ policies.
"It's not about preventing every scam," states Ovation Home Insurance Exchange's release. "No service can. It's about having the right help in place so when fraud happens you're not left to handle the fallout alone."
Data breaches at retailers health care providers and government agencies continue exposing millions of records annually—even careful individuals remain at risk—which makes combining best practices with restoration services critical for recovery if needed.
"Ovation’s coverage combines financial support with hands-on expertise giving you a clear path back to stability – benefits prevention tools alone can’t provide," according to Ovation Home Insurance Exchange's statement.
At Ovation Home Insurance Exchange policyholders are considered members of an exclusive community where protecting both property and financial reputation is emphasized: "Our role is to protect your property and the credit and financial reputation you’ve built over time."
The organization encourages customers interested in additional protection against identity theft to speak with their agents or use its online quote tool for more information about affordable options.
Alerts Sign-up