USA Today on the cost of home insurance and how looking at previous insurance claims on a property can prepare you for what to expect:
“Most Americans may not know it, but there is actually a shared database of insurance claims known as the Comprehensive Loss Underwriting Exchange, or CLUE, which keeps five years of history for every insured home out there. It’s used by the financial industry to assess risk and determine your premiums in a similar way to how banks use your personal credit report to set loan terms.”
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