"CLUE" stands for "Comprehensive Loss Underwriting Exchange." It is a database of homeowners' claim history. Most home insurers now subscribe to the CLUE database.
When a homebuyer applies for home insurance, insurers pull a CLUE report to see how many claims the buyer and the seller have filed during the past few years. If there are too many claims then the coverage can become very expensive or even not available.
Consequently many homebuyers are requesting to see a CLUE report before making an offer on a home. Only the homeowner can obtain a CLUE report on their property.
If you are thinking of putting your home on the market, you may want to obtain a copy of the CLUE report early on. Then study the report carefully and contact your insurance agent to correct any errors in the report. Even if there is nothing to correct, you will then have the report to share with potential buyers.
The report may erroneously include damages that were initially reported to the agent, but then not filed as claims when the homeowner decided to take care of the repairs himself. Make sure this does not happen to you! Carefully review your report.
To request a CLUE report, call Choicepoint at 866-527-2600. You can also order reports and insurability scores on their website at http://www.choicetrust.com.