A CLUE Report, otherwise known as a Comprehensive Loss Underwriting Exchange Report, is a document that provides a list of all insurance claims that have been made on a house. CLUE Reports are used by insurance companies to determine whether or not they want to cover your home, how much they want to cover your home for, and the rates your coverage will be at. But CLUE Reports do not solely benefit insurance companies.
CLUE Report disputes can help you uncover any hidden damage or issues that a previous homeowner may be hiding. Similarly, a CLUE Report can also be a good selling point when you are selling your home as long as no claims have been made in the past 7 years as it may appear your home is in really good condition.
Now that you know what a CLUE report is, let’s jump into what is included and how you can order a CLUE report for your home or the one you’re thinking about buying.
What Does a Clue Report Include?
A CLUE Report includes all insurance claim information about a property for up to 7 years. [Read more…]