Learn More About LifeLock

Between these two security systems, our favorite is LifeLock.

SecureScore™: 9.2/10

LifeLock and USAA Identity Theft Protection offer similar services, but are well-known in different industries. LifeLock's only purposes are to protect your identity and monitor your credit. USAA, on the other hand, is more known for its insurance and financial offerings. Its ability to provide identity theft protection and credit monitoring goes hand in hand with both of those services. While both offer effective coverage to an extent, LifeLock's offerings are more in-depth and much more thorough.

Overview: LifeLock vs USAA Identity Theft Protection

Both companies offer three plans to choose from. LifeLock is more expensive but you get more for your money in terms of features and services. USAA also offers insurance and financial services that allow you to keep all of your major accounts with one company. LifeLock's only insurance offerings have to do with coverage to reimburse you for stolen funds and personal compensation. They also up to $1 in funds to pay for the services of experts and attorneys who will work to recover and restore your identity.

  • USAA offers a comprehensive list of insurance policies
  • LifeLock offers recovery and restoration resources
  • Both monitor your children's identities
  • Both offer credit reports from all three bureaus
  • You have to be a member of USAA to receive benefits

Similarities: LifeLock vs USAA Identity Theft Protection

LifeLock and USAA offer similar features and services when it comes to credit monitoring and identity theft protection. Both are strong in terms of credit monitoring and can provide information from all three credit bureaus and daily updates on credit scores. They both offer financial monitoring as well, when it comes to locating your information on the internet, especially when it comes to websites that are known for suspicious activities.

  • Three different plans are offered by each company
  • Credit scores and reports offered on a daily basis (with the advanced packages)
  • Financial monitoring of bank accounts
  • Identity theft monitoring that locates your social security number and other personal information
  • Notifications and alerts when your credit score changes

Differences: LifeLock vs USAA Identity Theft Protection

The main differences that set LifeLock and USAA Identity Theft Protection apart from one another have to do with their main offerings. LifeLock's primary purpose in business is to protect your identity and monitor your credit. USAA, on the other hand, focuses primarily on the sale of insurance and offering financial services to its members. While it offers effective credit monitoring and identity theft protection, those are often part of their secondary list of services.

  • You have to be a member (not an account holder) of USAA to receive any of its benefits
  • LifeLock offers stolen fund and personal compensation worth $1 million each if needed
  • USAA does not offer a lot in the way of recovery and restoration services
  • LifeLock prices go up after the first year
  • USAA offers a bare-bones “free” package

Identity Monitoring

LifeLock works diligently to keep your personal information off of websites that have been targeted for suspicious activity. They look for your name, address, social security number, and birthday in a variety of places, including court records and through continual scans of the dark web.

USAA Identity Theft Protection continually looks for your information on the internet as well as when it is used to open a new line of credit. They also check to make sure your address is not changed or altered in any way. They can also monitor your social security number to ensure that it does not fall into the wrong hands.

Financial & Credit Monitoring

LifeLock monitors all of your financial accounts, including your 401k accounts and payday loans. They also watch your credit by closely monitoring all three credit bureaus for changes. You will be notified if any new line of credit is requested or any of your information changes on your personal accounts.

USAA Identity Theft Protection tracks your credit score and monitors your credit reports for changes. They also monitor your financial account and will let you know if someone tries to open a new account or line of credit.

Identity Restoration & Insurance Coverage

LifeLock offers up to $1 million in personal compensation coverage and stolen fund reimbursement. All three of their package include up to $1 million of coverage that can be used to pay any fees that are incurred if attorneys or other professionals are hired to help recover your credit.

USAA Identity Theft Protection offers insurance coverage to help you recover your identity but the amounts are not disclosed.

Pricing & Plans

LifeLock plans start at $10 a month/$110 a year for the Standard Plan, $20 a month/$220 a year for the Advantage Plan, and $30 a month/$330 a year for the Ultimate Plus plan. Each plan's price increases by $5 a month after the first year.

With USAA Identity Theft Protection, the Credit Check plan is free of charge. The CreditCheck & ID Monitoring for one credit bureau is $7.95 a month. The CreditCheck and ID Monitor for all three bureaus is $12.95 a month. You don't have to be an account holder with USAA but you do have to sign up for a membership.

Summary: LifeLock vs USAA Identity Theft Protection

LifeLock is a good choice if you want to work with a company that only deals with identity theft and credit monitoring. Plans are affordable and offer a wide selection of services.

USAA Identity Theft Protection is best for people who want all of their financial, insurance, and identity/credit monitoring services with one company. Prices are affordable and plans offer all of the basic to intermediate services.