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Get A C.L.U.E. Before you Buy your New Home

By January 22, 2016 No Comments

A C.L.U.E. report stands for a Comprehensive Loss Underwriting Exchange.  The “exchange” in this particular situation represents the information that the home insurance loss underwrites about home insurance claims.

Based off an article at Zillow.com, one in every fifteen homes possesses an insurance claim every year.  This is something that could potentially be very important when buying your new home, as insurance claims could show any significant damage that has been previously inflicted onto a home you are looking at and potentially considering buying.  The top five claims you should look out for are wind and hail, water damage, vandalism, theft, and fire.

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