Thumbs Up: CLUE Yourself in

Physician's Money Digest, September15 2004, Volume 11, Issue 17

Whether you're buying or sellinga home, you need to get aCLUE (ie, comprehensive loss underwritingexchange). Insurance companiesare starting to balk at insuringhomes that have a record of pastclaims, and they share claims informationthrough CLUE. A CLUE report ona house shows its past claims history,which could affect whether a prospectivebuyer can get homeowner'sinsurance. If you're a seller, you canget your home's CLUE report throughChoicetrust (800-765-8031; www.choicetrust.com) for $9. Look it over andreport and fix any errors you find.Homebuyers, on the other hand, facea glitch—only the current owner canget a CLUE report—but they can insiston seeing it before they ink a deal.