What is a C.L.U.E. Report?

The Comprehensive Loss Underwriting Exchange (CLUE) is a database of property related losses contributed by and used by insurance companies. A CLUE report lists losses associated with a property for the last 5 years.

What is a CLUE Report used for?

CLUE information is used by insurance companies to underwrite and rate Homeowners policies. Insurance companies have unique underwriting standards; the impact of prior losses will be determined by the insurance company.

What makes a CLUE Risk Only Report different from a standard CLUE Report?

The standard CLUE Report was not intended to be used in a real estate transaction. It includes losses at all locations / addresses associated with the seller and may include personal information such as the seller's social security number. The CLUE Risk Only Report was specifically tailored to satisfy paragraph 7B of the Residential Purchase Agreement and only discloses the 5 year insurance loss history of the home the buyer is purchasing, not displaying any of the Seller's personal information.

Why do I need a CLUE Risk Only Report?

Currently, the Residential Purchase Agreement, paragraph 7B, states that the "Seller shall provide known insurance claims within the past 5 years." This means that the seller of a property must disclose a 5 year insurance loss history on their residence, regardless of how long they have lived in the home. The only truly reliable source for such information has been, and continues to be, the CLUE Risk Only Report.

How much does a CLUE Risk Only Report cost? And can I have it billed through escrow?

The CLUE Risk Only Report can be ordered through Property I.D. for only $19.50 and can easily be billed through escrow once escrow's information has been furnished.

How can I be certain that the CLUE Risk Only Report information is accurate?

If you feel as though there was an error made in the CLUE Risk Only Report, just call Property I.D. to correct the information. We will connect you with the appropriate parties to resolve any items you feel are in error. Additionally, the CLUE Risk Only Report information will be included under Property I.D.'s $20 Million insurance policy if a disclosure report is ordered for the transaction.

How can I get a CLUE Risk Only Report?

Online: Place an order at www.PropertyID.com
Fax: Complete a Property I.D. or C.L.U.E. order form and fax to 1-800-626-3863.
Call: Have a C.L.U.E. order form sent to you via fax by calling 1-800-626-0106.
Download: Property I.D. and C.L.U.E. order forms are available at www.propertyid.com.