CLUE Insurance Report is Important for Many Reasons and is discussed in great length in the article that is linked to this blog. That article which appears in Houselogic is discussing the CLUE insurance report strictly from the current homeowner standpoint. CLUE stands for Comprehensive Loss Underwriting Exchange and is essentially a record of all claims made on a specific home. The report follows the home. You and your family as current homeowner should review this report to make sure there are no errors. Errors in claim history will cost the homeowner money in the form of higher premiums. Examining this report on a yearly basis is certainly a worthwhile endeavor.
I tell all of my home buyers who are looking for homes for sale in Katy Texas to order the CLUE report and examine it prior to writing an offer on any home. This report is valuable as almost all insurance companies belong to this exchange. If the home has had a flood during the last few years or any other significant reported loss that should be of high interest to a current potential buyer. Order the report before writing an offer as this might prevent you and your family from making a huge mistake.
A CLUE report can be ordered via a firm named LexisNexis from their web site and it is my understanding that one report per year can be ordered free.
I tell all of my home buyers who are looking for homes for sale in Katy Texas to order the CLUE report and examine it prior to writing an offer on any home. This report is valuable as almost all insurance companies belong to this exchange. If the home has had a flood during the last few years or any other significant reported loss that should be of high interest to a current potential buyer. Order the report before writing an offer as this might prevent you and your family from making a huge mistake.
A CLUE report can be ordered via a firm named LexisNexis from their web site and it is my understanding that one report per year can be ordered free.
Your CLUE insurance report keeps your homeowners insurance claims alive for seven years-and that could cost you on your premiums.
Your CLUE Insurance Report Matters
Your CLUE insurance report keeps your homeowners insurance claims alive for seven years--and that could cost you on your premiums.
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