Wealth Defense
Crypto Asset Defense
Crypto creates novel custody, theft, and tax-reporting risks not covered by home/umbrella.
Executive Summary
Crypto creates novel custody, theft, and tax-reporting risks not covered by home/umbrella. This wealth defense brief synthesizes peer-reviewed research, regulatory data (NAIC, BLS, Federal Reserve SCF, FEMA, SSA), and InsuranceQuoteToolkit's proprietary HRI and FSI scoring models. Use it as a decision-grade reference — not a marketing overview.
Key Takeaways
- Cold storage for >$10k holdings
- Multi-sig for >$100k
- Crypto-specific theft policy
- Track basis meticulously
Research-Backed Guidance
The findings above draw on multi-source household-resilience research. Our review process triangulates federal data sets (BLS Consumer Expenditure, Federal Reserve SCF, NAIC market conduct filings), longitudinal academic studies, and the InsuranceQuoteToolkit national resilience panel. Read our methodology center for full scoring and weighting details.
- • Federal Reserve Survey of Consumer Finances — liquidity & net worth distributions
- • Bureau of Labor Statistics CEX — household burn-rate baselines
- • NAIC consumer publications — coverage prevalence and gap analytics
- • FEMA National Risk Index — geographic peril exposure
Practical Recommendations
- Avoid exchange-only storage
- Use hardware wallets + passphrase
Action Checklist
Print or screenshot this list. Move from a Moderate to Strong tier on the relevant index by completing each item within 60–90 days.
- 1Cold storage for >$10k holdings
- 2Multi-sig for >$100k
- 3Crypto-specific theft policy
- 4Track basis meticulously
- 5Avoid exchange-only storage
- 6Use hardware wallets + passphrase
FAQ
Does home policy cover stolen crypto?
Almost never — most explicitly exclude electronic transfer fraud.