C.L.U.E. stands for “Comprehensive Loss Underwriting Exchange,” a claims history database that allows insurance companies to access detailed claims information when assessing or pricing an insurance policy.
A C.L.U.E. report compiles insurance claims data submitted by insurers. It includes key policy details such as the date of the loss, the type of loss, amounts paid out, and a description of the property involved. Only claims history from the past five years is stored in the database, ensuring the information is relatively current.
C.L.U.E. reports provide critical information that can alert potential home buyers to past issues like water damage, mold, or other serious problems that could affect their ability to secure insurance. Only the current homeowner, their insurer, or the mortgage lender can request these reports.
You may be able to obtain this report from your home insurance provider. Some may provide it for free while others may charge a nominal fee. LexisNexis provides one free copy of your C.L.U.E. report annually.
Laura Harbison, ABR, AHWD, BPOR, BS, CDPE, CRS, DRB, GRI, PSA, RSPS, SRES
Broker/Owner REALTY EXECUTIVES SOUTHERN NEVADA PROPERTIES
License NumbersB.0026537LLCPM.0164922.BKR