Quote:
Originally Posted by Topspinmo
I don’t have clue what you’re talking about…  |
What is a CLUE report?
A Comprehensive Loss Underwriting Exchange (CLUE) report is a document that contains information about insurance claims made on a property within the past seven years. This report is used by insurance companies during the underwriting process to assess risk and determine insurance premiums. It includes details about the date of the claim, type of loss, and amount paid by the insurer.
It is very important if you are buying or selling a home. It can make it much more difficult to sell your home if there is negative information on it. It also can make your home uninsurable or result in much higher insurance rates.
I was clueless too. But cluelessness like ignorance is not bliss.