Do you have a C.L.U.E about your home insurance?

Comprehensive Loss Underwriting Exchange (C.L.U.E)

A CLUE report is a comprehensive data file that records your house history of claims and incidents on previous home insurance. This report is logged by house rather by owner which means that you may be buying a house with a history of repeat damages.

A bad C.L.U.E report will increase your home insurance premium before you move into the house so its especially important to review whilst inquiring into a property.

Who has access to C.L.U.E?

Insurance companies that contribute loss data to C.L.U.E can withdraw information in exchange. However some agencies may have been granted access to have a better report of the properties that they are selling on behalf of sellers. The more information they have about a property allows them to have a better idea about the risks involved.

How do insurers use C.L.U.E reports?

Insurance companies will use the report to write new polices and home insurance premiums with clients that they previously have no record of house history. Insurers will not use your C.L.U.E report when renewing premiums as they will then start using their own database of information from your previous years.

What information is included in a C.L.U.E Home Insurance report?

A C.L.U.E report will include all policy information such as name, date of birth, policy number, claim record such as date of loss, type of loss, amounts paid, and a description of the property covered. This home insurance information stays on the report for five years.

Bad C.L.U.E Report and a Criminal Record?

When buying a property you can request to ask for a C.L.U.E report from the homeowner or agency which is vital to receive and review when purchasing a home. Here at convictedhomeinsurance.co.uk we have special relationships with all the leading insurers in this field and have negotiated you the best rates allowing you to find the cheapest insurance if you have a criminal record. Whatever the situation we can help – previous or current criminal convictions, subsided or flooded property, adverse claims record, property in poor state of repair, a previous cancelled policy, unoccupied home, etc.