The new ISO endorsement for identity-fraud expense coverage will help homeowners, condominium unit owners and renters defray necessary costs for rectifying their credit-history reports.

The optional endorsement provides up to $15,000 of coverage for an insured's expenses directly resulting from an identity fraud discovered or known during the policy period.

These expenses include:

? Costs for notarizing fraud affidavits or similar documents attesting to fraud.

? Costs for certified mail to law-enforcement agencies, financial institutions and credit agencies.

? Lost income ? up to a maximum of $200 a day and total payments not to exceed $5,000 ? from time taken off from work to meet with law-enforcement personnel or credit agencies.

? Fees for reapplying for a loan when the application is rejected solely because of incorrect credit information received by the lender; and

? Reasonable attorney's fees to defend the insured against lawsuits and remove criminal or civil judgments.

"Identity theft is one of the fastest-growing white-collar crimes in America. Our new optional endorsement provides insurers the standardized policy language on coverage that consumers can consider to protect themselves against this serious personal exposure," said Kevin B. Thompson, ISO's vice president of personal and standard commercial lines.

ISO provides information, products and services related to property and liability risk for a spectrum of commercial and personal lines of insurance.