Our Promise

We are the Insurance Information Institute. Since 1960, we have been the trusted source of unique, data-driven insights on insurance to inform and empower consumers. We serve consumers, media and professionals seeking insurance information. Learn More
Homeowners + Renters Insurance Cost of lightning-caused claims soared due to 2020’S US wildfires

Lightning strikes can be deadly — and costly. The average cost per lightning claim in California was $217,555 in 2020, largely due to wildfires in the state, while the national average for this type of claim was nearly $29,000. Florida remained the top state for lightning-related homeowners claims.

article

New and Trending

Disasters + Preparedness Learn more about your risk

The Triple-I Resilience Accelerator provides tools for homeowners to understand the risks where they live, and how to mitigate damage. See peril maps for flood by county, hurricane tracking and updates, and the HazardHub Homeowner Risk Profiler allows homeowners to generate a customized report on a home's vulnerability to hurricanes, tornadoes, floods and earthquakes. 

article

Insight + Analysis

IBHS ranks state building codes on the Atlantic and Gulf Coasts

Building codes are critical to disaster mitigation, as well as to enabling families, communities, and businesses to bounce back from natural and man-made catastrophes. IBHS' “Rating the States” report evaluates the 18 states along the Atlantic and Gulf Coasts, based on building code adoption, enforcement and contractor licensing. Flood: Beyond Risk Transfer

white paper

I.I.I. Glossary

INSTITUTIONAL INVESTOR- An organization such as a bank or insurance company that buys and sells large quantities of securities.

ANNUITY CONTRACT OWNER- The person or entity that purchases an annuity and has all rights to the contract. Usually, but not always, the annuitant (the person who receives incomes from the contract).

See Full Glossary

Thought Leadership

I.I.I. News Wire

Cost of Lightning-Caused Claims Soared Due To 2020’s U.S. Wildfires

For immediate release New York Press Office: Loretta Worters, 917-208-8842, lorettaw@iii.org   NEW YORK, June 17, 2021—For the fourth consecutive year, the number of lightning-caused U.S. Read More

Triple-I Update: Hurricane Season to Have ‘Above-Average’ Activity

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, markf@iii.org   ST. Read More

See More News Releases

Events Calendar

Insurance Leadership Forum
October
01
2021
CIAB/ILF conference where executive-level leaders in the property casualty industry including brokers, carriers and industry partners will gather in person this year at The Broadmoor in Colorado Springs, CO. Website
2021 Joint Industry Forum
December
02
2021
Triple-I's second Joint Industry Forum for 2021 will gather in New York, NY. For more information contact Joint Industry Forum.
See More Events