Insurers within the U.S. paid out about $1 billion in claims for lightning-related injury in 2024, down 16.5% from the quantity paid in 2023, based on the Insurance coverage Data Institute (Triple-I).
The tally was $1.04 billion in 2024 in comparison with $1.24 billion in 2023.
Greater than half of the claims have been filed within the prime 10 states—with Florida, Texas and California the highest 3—however the complete variety of lightning-caused claims fell 21.5% to 55,537 in 2024.
Triple-I mentioned this was the bottom variety of claims since earlier than 2017. The excessive mark since 2017 was 2020 with almost $2.1 billion paid on 71,551 claims—a median of $28,885 per declare.
Knowledge was compiled by Triple-I to coincide with Nationwide Lightning Security Consciousness Week (June 22-28).
“Lightning stays a pricey and unpredictable menace, with floor surges inflicting almost half of all claims,” mentioned Michal Brower, media spokesperson for State Farm, in an announcement. “These occasions may cause intensive injury to electrical methods, home equipment and even structural points. The injury underscores the essential want for householders to pay attention to the dangers, spend money on protecting measures, and keep ready, particularly in high-risk areas the place lightning strikes are most frequent and damaging.”
Harm attributable to lightning, reminiscent of hearth, is roofed by commonplace householders, rental, renters and enterprise insurance coverage insurance policies. Some householders insurance policies present protection for energy surges which are the direct results of a lightning strike, mentioned Triple-I.
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