If you want to know more about a home's history of property damage, you can ask the seller to provide you with a copy of his or her C.L.U.E., or Comprehensive Loss Underwriting Exchange report from LexisNexis at www.choicetrust.com. These are the very same reports most major insurance companies use when a new policy is written on a home.
According to Traci Reese of Brian P. Reister Insurance Agency they are seeing numerous new policy applications where recent claims have been made and in many cases the repairs have not been made. In these cases policies cannot be written.
As an inspector I've seen numerous houses in the past few years with obvious storm damage to the exterior. In these cases I always advise my clients to obtain a C.L.U.E. report from either the seller or their own insurance agent. In the majority of these cases there is documentation that a previous payment and claim has been made.
If a recent claim has been paid but the repairs have not been made, be prepared to negotiate the repairs with the selling party before an insurance policy can be issued.
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