CLUE report

Definition

A report generated from the database of the Comprehensive Loss Underwriting Exchange that contains a seven year history of any prior insurance claims made for losses incurred on a specific property such as a home or an auto. The report includes the details for each loss including date of loss, type of loss, and the amount of the claim.

Use CLUE report in a sentence

The clue report was important to us and we all took a look at it because it was interesting and had a lot of valuable information.

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The CLUE report was useful in understanding the insured party's history with regards to insurance claims because we wanted to be informed maximally.

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Simmons knew that the CLUE report would reveal that his company had made at least three claims in recent years citing specified losses and he worried how this might impact his chance for a loan.

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