Checking C.L.U.E. reports and correcting errors can save you money on insurance

Save money by scanning your C.L.U.E. report

TAMPA, Fla. - We all know bad information on our credit reports can mean higher rates and denied loans. But what about your C.L.U.E report? It can be the key to cutting the amount you pay for car and home insurance.

Drivers in Florida pay the 5th highest insurance rates in the country with the average auto owner shelling out $1,840 a year for coverage.

Florida Consumer Action Network's Bill Newton wants more Floridians to get a clue, literally.

A C.L.U.E report works much like a credit report. It's all about your history but instead of bill paying it tracks every single claim involving your car and home.

It’s smart to verify all of the basic information on the report including the vehicles listed as registered to you and the claims.

Then there's a section called related claims. That's one you really want to look at closely since it could be information related to other drivers and not you.

Since all insurers check your C.L.U.E. report, errors will spike your rates. And just like a credit report you get one free clue report a year.

It's easy to pull. Just go to www.lexisnexis.com,  Then scroll to the bottom of the page and click on consumer access. Fill in your information and get your report in about 15 minutes.

The site will also tell you how to dispute errors. It could lead to cuts in the amount you pay for insurance.

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