Number of Lightning Related Homeowners Insurance Claims Down Slightly in 2015, But Severity Up 7 Percent

The drop in the number of claims is consistent with data from the National Weather Service, which recorded 334 events with property damage in 2015, down from 401 such events a year earlier. There were 135 days in 2015 in which lightning caused property damage, while 128 such days were recorded in 2014.

Source: Insurance Information Institute, State Farm(R).

Source: Insurance Information Institute, State Farm(R).

Damage caused by lightning, such as fire, is covered by standard homeowners insurance policies. Some policies provide coverage for power surges that are the direct result of a lightning strike.

“Not only does lightning result in deadly home fires,” said Lynch, “it can cause severe damage to appliances, electronics, computers and equipment, phone systems, electrical fixtures and the electrical foundation of a home.”

SOURCE Insurance Information Institute