What database do insurance companies use clue? (2024)

What database do insurance companies use clue?

C.L.U.E. (Comprehensive Loss Underwriting Exchange) is a claims history database generated by LexisNexis enabling insurance companies to access consumer claims information when they are underwriting or rating an insurance policy.

What database do insurance companies use?

The CLUE database, which is run by LexisNexis, lets insurers see any claims that a new customer has filed within the last seven years.

What is the clue database?

LexisNexis C.L.U.E. (Comprehensive Loss Underwriting Exchange) is a claims information exchange. It collects and reports up to seven years of auto and personal property claims. It also provides insurance risk scores to help inform pricing and underwriting decisions for the insurance industry. LexisNexis C.L.U.E.

Do all insurance companies report to clue?

WalletHub, Financial Company

No, not all insurance companies report to CLUE, but more than 99% of auto insurance companies and 96% of home insurance companies do contribute, according to LexisNexis. Only insurance companies that report information to CLUE can also withdraw information from the LexisNexis database.

Do insurance companies use LexisNexis?

LexisNexis® Risk Solutions provides products and services to business customers (such as insurers, brokers, other insurance intermediaries and their comparison service providers) (our “Customers”) to help in their validation, integration and management of your identity when you're applying for general insurance ...

What shows up on a clue report?

A CLUE report shows the claims filed for any house or car for the past seven years. It lists claims on your home or vehicle, even if you weren't the owner at the time.

How far back does a clue report go?

CLUE is a claims-information report generated by LexisNexis®, a consumer-reporting agency. The report generally contains up to seven years of personal-auto and personal-property claims history.

Does Allstate use LexisNexis?

Key Things to Know About Allstate Driving Record Checks

This allows Allstate to reassess your riskiness and determine your premium. Allstate gets your driving record from your state's DMV or LexisNexis, and they check the past 3 years for accidents and moving violations.

How do I get my LexisNexis clue report?

To submit a request via one, call the phone number below to speak to a live operator: • 1-866-897-8126 Note: You can also submit and receive a request online via the following link: https://consumer.risk.lexisnexis.com/request. 1. Why do I need to provide personal information to receive my report?

How do I dispute a clue database?

If you discover an error on your C.L.U.E. report, such as an invalid claim report, or an incorrect loss payment, you can contact LexisNexis® directly and report the problem. LexisNexis® will then contact the insurance company on your behalf, ask for clarification, and notify you of the results within 30 days.

Can I view my clue report online?

You can view your CLUE report online by going to the LexisNexis website and filling out their electronic request form. LexisNexis is the consumer reporting agency that produces CLUE reports to provide information about individuals and properties to organizations like banks and insurance companies.

How do you get accidents removed from clue?

By contacting LexisNexis, you could potentially have this blemish removed from your record. To dispute an erroneous claim, simply contact LexisNexis. The service will reach out to your insurance company in an effort to fix the situation.

Can I pull a clue report?

Under the federal Fair Credit Reporting Act, C.L.U.E. reports can be accessed only by the owner, insurer, or lender of the property. However, you can ask the current owner of the property to order a C.L.U.E. report.

Does Geico use LexisNexis?

Key Things to Know About Geico Driving Record Checks

This allows Geico to reassess your riskiness and determine your premium. Geico gets your driving record from your state's DMV or LexisNexis, and they check the past 5 years for accidents and moving violations.

Can I pull my own LexisNexis?

If you would like to see the information that is maintained about you in our system, you may request a copy of your LexisNexis^® Consumer Disclosure Report.

Why should I opt out of LexisNexis?

This information may include your personal number, address, phone number, information on family members, and other sensitive data. That data can be bought and used for spam calls, phishing, and even identity theft. If you don't want your data to be sold, you should opt out of LexisNexis.

Who runs a clue report?

Most home insurance companies contribute claims history information to the CLUE database, which is maintained by research company LexisNexis.

What if LexisNexis has the wrong information?

Dispute LexisNexis Accurint Errors

If your Accurint report contains errors, contact them and dispute the information. LexisNexis will then have 30 days to investigate your dispute and correct the information. If your LexisNexis dispute is ignored or unresolved after 30 days, you have the right to sue.

How do insurance companies know about previous claims?

Companies may request a CLUE report when you apply for a new insurance policy. Because it's such a detailed record, a provider will consult it for underwriting purposes to decide whether it'll offer you coverage and how much it'll charge you for it. A CLUE report can be used to predict how risky insuring you might be.

Do home insurance companies share information with each other?

Yes, insurance companies share any information related to insurance claims on your CLUE report. Insurers use this information to assess the risk when someone applies for an insurance policy.

How many claims is too many for homeowners insurance?

How many homeowners claims is too many? Generally, if you haven't filed more than one non-catastrophic loss claim in three years, and have no liability losses in three years, you may still be eligible for coverage. Two claims in five years may drive up the cost of your coverage.

Does Progressive insurance use LexisNexis?

Key Things to Know About Progressive Driving Record Checks

This allows Progressive to reassess your riskiness and determine your premium. Progressive gets your driving record from your state's DMV or LexisNexis, and they check the past 3 years for accidents and moving violations.

Does Experian use LexisNexis?

LexisNexis Risk Data Management, Inc. ("LexisNexis") is a provider of bankruptcy information to Experian.

What if my clue report is wrong?

How to fix your CLUE report. If you discover an error on your CLUE report, for example, an invalid claim report or an incorrect loss payment, you can contact LexisNexis directly by calling 888-497-0011 or 866-312-8076 and report the problem.

Is a clue report necessary?

Why CLUE Reports Matter in Real Estate Transactions. CLUE reports can provide insight into potential problems within a property. Insurance payouts due to water damage, foundation troubles, and even mold may cause buyers to pause and reconsider the property.