Heatherr, Home Buyer in Midland County, MI

How do you find out if there has been a homeowner's insurance claim on a property?

Asked by Heatherr, Midland County, MI Sat Nov 26, 2011

Can you find out if there has been a homeowners insurance claim on a property you are looking to purchase? If so how? (Besides asking the owners of course)

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Answers

6
Jay Swindle’s answer
Call the insurance companies claim office that the property is insured with. Most insurance companies will not give out information with out the homeowners consent. Some insurance companies will run a loss history report when you apply for insurance on the property and they can tell you if there have been prior claims.
0 votes Thank Flag Link Mon Nov 28, 2011
Jay is right, most insurance companies won't give out information without the proper consent. Property claims will have been recorded though, so perhaps you can just ask the owners if you could get their permission to ask the insurance agent some questions about the property. Working through problems instead of trying to sneak around them is always the better solution. http://www.homepublicadjusters.com
Flag Wed Jan 28, 2015
Hello Heather
The information that can be obtained in the a CLUE report (comprehensive loss underwritting exchange) is very valuable and would be a wise move as a buyer. The seller will need to pull the report for you if you would like it. I suggest that you use the link below as a possible link to suggest that the sellers agent ask the seller for this info for you.
http://www.lexisnexis.com/risk/solutions/clue-home-seller.aspx

The cost of insurance is driven by many variables including the fact that each township and city may have different fire department ratings which will have a direct impact on the cost of policies The best help for you is to obtain multiple quotes making sure that the insurance agents are using the same quote specifications.
Ken
0 votes Thank Flag Link Sat Nov 26, 2011
You can ask the seller the question, and you can ask for a copy of his/her CLUE report; the report provides loss information.
0 votes Thank Flag Link Sat Nov 26, 2011
Heather,

Maybe there's a different question you should be asking... whether the house doesn't meet current code requirements for fire or other safety measures. Occasionally, a house will be so far from code requirements that it will become virtually uninsurable. Clearly, this would be more common in an older home, but it could come into play if the insurers know that some part of new construction didn't meet their standards. For example, here in Florida, there is a relatively high number of houses built with substandard Chinese drywall. This drywall produces sulfur gas under certain conditions, which then destroys the houses plumbing.

I'd be asking the insurance companies you've asked for quotes what factors went into computing the rate. If there's a known issue, clearly you want to know BEFORE completing the deal.

Ann
0 votes Thank Flag Link Sat Nov 26, 2011
You can request to see a CLUE report, which shows whether there have been any claims made against the homeowners policy. So there is no way without asking the owners as personal information is required to gain access to this report.
0 votes Thank Flag Link Sat Nov 26, 2011
Heatherr, I am not aware of a way you can check unless you know which company is insuring it. Even then, they may not disclose for privacy reasons.

$4000 is an enormous amount for property insurance. Unless you own a Million Dollar home. Insurance is based on replacement cost and claims in the area. For Midland that sounds for very high. I used to live in Midland and not aware of any of my Clients paying that much.

I suggest calling a few other Insurance Brokers to compare rates. I'm sure you can do better.
Web Reference: http://MBShomes.com
0 votes Thank Flag Link Sat Nov 26, 2011
There is another way to find out. Go to the country building, to see if any new permits were requested. This is public record
Flag Sun Aug 3, 2014
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