Las Vegas Home Insurance Clue Report

Home Insurance Clue Report

Do you know how to investigate a Las Vegas home’s insurance claim records?  This can be done easily by a CLUE report.  CLUE, Comprehensive Loss Underwriting Exchange, is a national database with more than 40 million personal property claims.  This home insurance clue report is equivalent to a credit report for a Las Vegas home, which shows all claims reported to the insurance company for Las Vegas real estate over a five-year time frame, including mold, fires, and water damage.  Your insurance report will show the type of loss, date of loss, and amounts paid to a Las Vegas real estate homeowner.

The insurance scoring system and the CLUE report are tools insurers use to decide your risk profile.  This system tells the insured how likely are you to file a claim against your policy. Insurers send information about paid claims on your home, maybe even your inquiries about coverage that do not result in a claim, into a national database for use by insurers. Information included in the database, along with your insurance score, makes up your risk profile. Insurers use the profile to decide whether you get new insurance. At renewal time, your current insurer of your Las Vegas real estate will probably review your claims history as well as your current insurance score to set your premiums, even deciding if you should still be insured.  When you shop for new insurance, the Las Vegas insurance company may order a CLUE report. If information is inaccurate, you can be left without insurance while you fix the errors.

  • Under the Fair and Accurate Credit Transactions Act of 2003, property owners can order one free report every year.

Who maintains the home insurance clue report? 

ChoicePoint, a Georgia company, the major issuer of CLUE reports, is one of the country’s largest sellers of personal consumer data. A Las Vegas property loss database is also maintained by Insurance Services Office (ISO) which names the database the Automated Property Loss Underwriting System, or A-PLUS. Since ChoicePoint is the leader in the insurance risk market, reports of property loss in Las Vegas Nevada and outside are known generally as CLUE reports.

Whether you are a buyer or seller of Las Vegas real estate it is important to know the information contained in the home insurance clue report.  This will show you any future delays or conflicts which might arise in dealing with the previous insurance claims.

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