Knowing the past insurance claims on a property can be an important part of a buyer's investigation and decision to purchase the property. Many companies providing natural hazard disclosure reports (NHD) have also included a Comprehensive Loss Underwriting Exchange (C.L.U.E.) report in either a basic or enhanced disclosure report. It has recently come to C.A.R.'s attention that C.L.U.E. reports will no longer be available as part of a typical NHD report.
However, LexisNexis®, the aggregator of the C.L.U.E. report information, is offering homeowner C.L.U.E. reports for around $20. Click here for a link to the C.L.U.E.® Home Seller's Disclosure Report. Although REALTORS® and buyers cannot access a C.L.U.E. report themselves, they can ask the seller to obtain one for them. While not as simple as when NHD companies were able to provide the reports, this process is something a home seller can access themselves.
Additionally, LexisNexis® is required by the Fair and Accurate Transactions Act (FACT Act) to provide two certain C.L.U.E reports free to consumers, much like a free credit report. These two reports are a C.L.U.E. personal property claims history and a C.L.U.E. auto insurance claims history. Unfortunately these free reports do not provide the claims history for real property, but the personal property claims report could provide the history of claims regarding personal property located in real property. Click here for a link to these two free C.L.U.E. reports.