I’ve had a water loss in my home.. should I contact my insurance company?

This is a good question that I’m often asked on site or on the phone with clients. My answer… tread carefully and think it out before you pick up the phone.  Reporting a loss can land your home in the CLUE (Comprehensive Loss Underwriting Exchange) database raising premiums or worse dropped coverage. For a more detailed explanation of this database and it’s effect on your insurance coverage, check out this article by Liz Pulliam Weston.