More identity thefts occur from old fashioned methods, such as dumpster diving and mail theft, as opposed to modern and high-tech methods, such as phishing and data breaches.
Third party identity theft services provide peace of mind in that they take measures to protect your identity and take immediate action when an identity is compromised.
On the Federal Trade Commission's list of Top Consumer Complaints identity theft has been the number one complaint for nine years running and nearly one fifth of all complaints in 2010 were for identity theft.