Most people know that when shopping around for a new mortgage, auto loan, or credit card, that they should first check their credit reports, as well as their FICO score, just so there are no surprised. What many people don’t know, however, is that similar reports are used by the insurance industry.
The reports used by insurance companies are called C.L.U.E. reports. There are versions for personal property and auto.
The C.L.U.E. Personal Property report provides a seven year history of losses associated with an individual and his/her personal property. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
The C.L.U.E. Auto report provides a seven year history of automobile insurance losses associated with an individual. The following data will be identified for each loss: date of loss, loss type, and amount paid along with general information such as policy number, claim number and insurance company name.
You can get a free copy of your C.L.U.E. report here.