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Insuring Your Property

C.L.U.E. Report Basics

You come home from work, open the mail and find a letter from your insurance agent stating that your homeowners insurance policy will be cancelled. Knowing the mortgage company will demand continued insurance, you begin calling other insurance companies only to be quoted unaffordable rates or be told they will not cover the property. If this scenario sounds all too familiar then you may have joined the millions of Americans who have a negative CLUE Report.

CLUE, which stands for Comprehensive Loss Underwriting Exchange, is a database used by insurance companies to exchange information about the history of your home including claims, injuries, losses and other pertinent information. The CLUE report remains with the house itself rather than the owner of the home and can provide valuable information about the status of the property and future likelihood of claims.

If you need homeowners insurance help, it is a good idea to begin early. Shopping for insurance can be time consuming and it is important to make sure you do not have a lapse in coverage. Use these quick tips to replace your homeowners insurance:

  1. Comparison Shop. Begin by putting together a property information sheet about your home. Include the size, age, type of construction, amenities, location, distance to fire hydrant, security precautions etc... Once armed with all of the information, call insurance agents and ask "Will you insure my home" with these criteria?
  2. Obtain a copy of the CLUE Report for your home. Consumers can request a copy of the CLUE report for their home by contacting It is a good idea to review the information contained in the CLUE report at least annually to assure it is accurate. Be sure to put any disputed information in writing and follow-up until it is corrected.
  3. It is also a good idea to obtain a copy of your Personal Insurance Score. This is similar to a credit score and in fact, your personal credit history can also impact your homeowners insurance rates. You can obtain a copy of your Personal Insurance Score from Choice Trust when requesting a copy of your CLUE report. Again, take time to verify the accuracy of the report.

Contact one of our real estate agents for complete answers to all of your real estate questions or search for your next home purchase now by searching through our detailed home listings.

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