April through July has historically been the busiest time of year for home buying and selling. During these months, neighborhoods across the country are filled with moving trucks as homeowners, renters and their families move on from the old to the new. A lot goes into packing and moving a home and often times certain things can get overlooked — like the safety and security of a mover's personally identifying information (PII).
Here’s your tip for the day!
Before your move, make a list of all personal mail you receive on a regular basis. Notify banks, financial institutions and creditors of the move and redirect all paper statements and sensitive financial mailings to your new address, or, consider switching to online statements. The 2010 Identity Fraud Survey Report from Javelin Strategy & Research found that consumers who utilized electronic statement monitoring took less time to detect incidents of fraud and paid lower mean consumer costs ($116 vs. $274) than those monitoring paper statements.
Make a checklist for:
a. Retirement accounts/Banking Institutions/Credit Card Companies
b. Utility companies (electric, gas, water, cable, etc.)
c. Insurance companies (medical, property, renters, fire and auto)
d. Local government agencies, federal agencies & the IRS
e. Healthcare providers
g. Subscriptions (magazines, newspapers, etc.)
- Top Safety Tips for Homeowners on the Move – Part 2
- Top Safety Tips for Homeowners on the Move – Part 3
- Top Safety Tips for Homeowners on the Move – Part 4
- Top Safety Tips for Homeowners on the Move – Part 5