CLUE Report - an acronym for the Comprehensive Underwriting Loss Exchange report, used most often in relation to section 4b of the AAR Residential Resale Purchase Contract dealing with a propery’s insurance claims history.

4b. Insurance Claims History: Seller shall deliver to Buyer a written five-year insurance claims history regarding Premises (or a claims history for the length of time Seller has owned the Premises if less than five years) from Seller’s insurance company or an insurance support organization or consumer reporting agency, or if unavailable from these sources, from Seller, within five (5) days after Contract acceptance. (Seller may obscure any reference to date of birth or social security number from the document). Buyer shall provide notice of any items disapproved within the Inspection Period or five (5) days after receipt of the claims history, whichever is later.

Per the AAR contract, sellers are required to provide buyers with a five-year insurance claims history on the property (or for as long as the seller has owned the home.) Purchasing a CLUE report isn’t mandatory; the report can be provided by the sellers’ insurance agent or the seller even can hand write a letter if no other sources for the information are available.

Buyers have five days to review the report and notify the seller of any items disapproved. If the CLUE report is received more than five days after the contract has been signed, the buyer can cancel the contract based on the CLUE report even if the inspection period has ended.