Thursday, September 13, 2007

Get your free C.L.U.E. report

A C.L.U.E. (Comprehensive Loss Underwriting Exchange) report is to insurance as your credit report is to your financial status. Some insurance companies, when you call up and ask questions, will log it on your C.L.U.E. report. Any claims also show up on the report. This is a tactic that makes other insurers not want to do business with you. But you can order your free C.L.U.E. report once a year just like you can with your credit report. And if something turns up false, you can challenge it. Go to to order your C.L.U.E. report. You'll have to fill in some blanks and give your social security number, but then you can check out your personal auto and your personal homeowners report. They do charge you if you need a homeowners report on more than one address. (from

When purchasing a home, it would be advisable to request a C.L.U.E. report on the home you are purchasing. It could be difficult for you to insure the new property if the home has had a large claim or several small ones. If any of the claims were water related, the insurance companies may be hesitant to insure it due to the potential for future mold claims. If they agree to insure, the cost may be more expensive.

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