Sunday, August 4, 2013

Is the auto-insurance claim information shared if I switch the insurance company? and Delmarva Crop Insurance

Is the auto-insurance claim information shared if I switch the insurance company?



Hi!

I am with auto-insurance company X right now and due to few number of insurance claims that I had made, my insurance is going up. I am wondering if I try to switch to some company Y, will X share my claims information with Y?

Thanks!


insurance best answer:

Answer by BigD
Yes. All claim information received by insurance companies is entered into the Comprehensive Loss Underwriting Exchange (CLUE). When you apply for insurance, your new company will pull your information from this database.

If you said you have had no claims and they find that you did, they can cancel your policy. If they do that, getting new insurance will be near impossible and incredibly expensive.

Bottom line, don't omit any claims from your insurance application.


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