previous claims history

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PostPosted: Wed Jun 22, 2011 7:51 pm   Post subject: previous claims history  

How would a car insurance company know if i had a claim on previous insurance policy?
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PostPosted: Wed Jun 22, 2011 7:53 pm   Post subject:   

A CLUE report. CLUE stands for Comprehensive Loss Underwriting Experience report. Most insurance companies report the claims they pay to this service.
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Matt Anderson
McFarlin Insurance Agency
Maryland Business Insurance
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PostPosted: Wed Jun 22, 2011 7:56 pm   Post subject:   

Do understand, whether or not the insurance company can find the claim you had when you initially apply for the insurance, if they find you lied on your application at the time you have a claim, you could risk having your coverage voided. It is best to be honest up front.
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Guy Strunk
Strunk Insurance
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PostPosted: Wed Jun 22, 2011 7:58 pm   Post subject:   

Lying on an insurance application in an attempt to decrease your premium is considered insurance fraud. It is always best to be forthcoming with the tickets and accidents you have been involved in.
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Young Yun
Colorado Car Insurance
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