During the inspection period, the home buyer should be provided with a Letter of Experience or a CLUE report of the last 7 years for the property's claims history. The CLUE (Comprehensive Loss Underwriting Exchange) is a claims history database that enables insurance companies to access consumer claims information when they are underwriting or rating an insurance policy.
The
report contains consumer claim information provided by insurance
companies. It includes policy information such as name, date of birth,
and policy number, property address, claim information such as date of
loss, type of loss and amounts paid, and a description of the property
covered.