If you are purchasing or offering a home, a mortgage broker may suggest that you get an IDEA. That’s not an insult; rather, it’s a recommendation to a report from the Comprehensive Loss Financing Exchange, otherwise known as HINT.

What is the HINT Insurance Coverage Report?
The CLUE report remains in essence a detailed insurance declares history over the previous seven years that includes info on when money is paid out on a claim, when claims are denied, and when files are produced for future possible claims. Insurance provider pool their personal property claims histories into a cumulative database, and an IDEA report permits particular parties to pull a report to reveal collective insurance coverage activity that crosses multiple insurance providers. Reports can focus on the history of people or on particular residential or commercial properties– houses or autos.
Within real estate, IDEA reports can be used to inspect the history of a property and make certain that there are no undisclosed insurance claims …
