DomainTools.com (Name Intelligence) is offering a new domain insurance service. This service is for domainers who register their domains through DomainTools.com’s in-house ICANN registrar and DomainTools will require the domain owner’s mobile phone number and a personal call back to verify any changes on a domain. This high level of personal contact and security should make it extremely difficult to hijack any domain.

I’ve always wondered how long it would take for the first company to come up with a domain insurance service. DomainTools is the first company to offer such a service, which costs between $100 and $10,000 per year, and per domain stolen DomainTools will pay ten times the yearly fee per day until the domain is recovered or until the claim is exhausted:

Domain Insurance Per Domain
Cost per Year	Coverage	Per day Lost
$100	$100,000	$1,000
$500	$500,000	$5,000
$1,000	$1,000,000	$10,000
$5,000	$5,000,000	$50,000
$10,000	$20,000,000	$200,000