Question

Do insurance companies share information with each other?

I'm obligated to ask this question of what is one cost of avoiding insurance

This question was addressed to me during an interview.

Other related questions to my question are:

Do insurance companies share information with each other?

Can insurance companies see other insurance claims?

Do health insurance companies communicate with each other?

Do insurance companies talk to each other after an accident?

Answer 1

The correct answer is: Yes, insurance companies share claims history with each other using databases such as C.L.U.E., which is run by Lexis Nexis and contains claims data from more than 99% of car insurance companies. Insurers can check a driver's claims history using C.L.U.E. if the driver wants a quote.Feb 10, 2021

The title of my answer can be Do Insurance Companies Share Claims History?

My answer's reference is WalletHub