Do you know what is CLUE?

Do you know what is CLUE?

CLUE stands for Comprehensive Loss Underwriting Exchange and ninety percent of all home insurers subscribe to CLUE. It is on the whole a database of homeowners insurance claim records.

Your insurer will request a CLUE report to find out whether the buyer that’s you or the seller have filed any claims during the past five or so years. There are 27 ‘causes of loss’ that show why a claim was submitted to property/casualty insurer for payment, are tracked by CLUE. These ‘causes of loss’ contain:

- Workers compensation

- Wind

- Water damage

- Destruction

- theft/robbery

- Smoke

- Slip/fall

- Medical expenses

- Lightning

- Liability

- Hail

- Cold water

- Flood

- Fire

- Earthquake

- Dog bite

- Damage to property of others

- Contamination

You can get a copy of your CLUE record at no cost so as to discover what your chances are of being denied. As a matter of information, if you are deprived of insurance due to information contained in your CLUE report, you will get a free copy of it. In this report, you will be able to see the past of your claims that you made.

If you think that there is something wrong with your CLUE report or don't identify a claim, you can always get in touch with the necessary authority and find out why there was a claim on your CLUE report.

This CLUE report will have an effect on your premiums and may or may not give you the chance to be insured. Arrange a copy of your CLUE report and find out what it is that you need to be aware of.

Click for a FREE Insurance Quotes