LifeLock and IdentityIQ provide identity theft insurance and monitoring services. The more money you can pay each month, the more resources these companies will use to cross-reference your data and find errors or suspicious activity. But which one ultimately provides the best service?
The Winner: IdentityIQ
Winner | ||
---|---|---|
Starting price | $8.99/mo. | $9.99/mo. |
Internet and dark web monitoring | Yes | Yes |
Credit monitoring | Yes | Yes |
SSN monitoring | Yes | Yes |
Tri-bureau credit monitoring | Yes | On highest plan only |
Bank account monitoring | Yes | Yes |
ID theft insurance | Yes | Yes |
Medical fraud monitoring | Yes | Yes |
Social media monitoring | No | No |
Trial period | N/A | 60 days |
BBB rating | A+ | F |
Unique feature | Optional credit simulator | Optional 401(k) monitoring |
Frequently Asked Questions About LifeLock and IdentityIQ
Is ID protection necessary?
Many consumers consider ID protection a necessary service given how much we now rely on digital transactions and data storage. Although you can self-monitor your own data, ID protection saves time and worry. In the event of a security breach, most ID protection companies provide insurance to protect you from losses that you otherwise could not recoup.
What plans does LifeLock have?
LifeLock offers three monthly plans. Each package offers progressively higher reimbursement on stolen funds ($25,000, $100,000 or $1 million, respectively) and personal expense compensation. The Standard package provides Social Security number and credit alerts, dark web monitoring, data breach alerts, and credit report monitoring with one bureau.
What plans does IdentityIQ have?
IdentityIQ customers can choose from four monthly plans. The Secure Plus plan provides dark web monitoring and credit monitoring through one credit report bureau. In order to receive up to $1 million in stolen funds reimbursement, you’ll need to sign up for at least the Secure Plus plan.
How much does LifeLock cost?
LifeLock’s services start at $9.99/mo. for the Standard package. Advantage and Ultimate Plus cost $19.99 and $29.99/mo. respectively. Their LifeLock Junior plan costs $5.99/mo. per child.
How much does IdentityIQ cost?
IdentityIQ’s Secure Plus package costs $8.99/mo., whereas Secure Pro costs $17.99/mo. and Secure Max costs $26.99/mo.. You can also get the bare-minimum Secure package for just $6.99/mo.