A report with no losses offers potential buyers peace of mind and attributes credibility to the seller. LexisNexis has 30 days to get back to you with an update. Description of the covered property Property address for homeowner claims or specific vehicle information for auto claims What companies report Insurance companies report all claims for which they: Pay out money Set up a file for a possible claim Formally deny a claim LexisNexis advises insurance companies not to report claims information when you contact them to simply ask a question about coverage or your deductible. Leave a Comment. Some items appearing on a CLUE report can both positively or negatively affect the rating.
Because only the homeowner can request a CLUE Report on their own claims, either you or your home inspector need to ask the current homeowner to order a report and let you review it.
How to get a CLUE Report LexisNexis, which provides legal and business information and analytics, culls the data and creates the report. And since your claims history is a factor in setting rates, the report is essential in determining your premium. Or say you had made a claim, but realized it would push up your premiums. You ended up canceling the claim and paid for the cost of repairs yourself. If you compare insurance companies and apply for homeowners insurance or car insurance with another company, the new insurance company can access the central database and learn of your past claims. You can check for inaccurate or unrelated information that could be making you pay higher premiums.
You can obtain your C. Unfortunately, it does not. By CarInsurance. The report includes the insured's personal information, policy number, type and date of loss, claim status, amount paid, and insured property or vehicle information. The company uses your claims history, or the history of claims at a specific property, to decide if it'll offer you coverage and how much you'll pay.
If you file a claim for loss against your car insurance policy, for example, the insurance company adds this information to the national database. They'll verify your information with the reporting insurance company and notify you of the results within 30 days.
If that dog has passed and is no longer a part of your household, you can request to add that info to your report. Information from any state department i. If this was still on your CLUE report, you may want to contact LexisNexis to see if you can remove this claim or include an explanation. To contest information on the summary, consumers should file a dispute with LexisNexis. Or say you had made a claim, but realized it would push up your premiums. By law, you can request a free report per year.
E report, it will include all losses reported within the past seven years from the date of the request.