Homeowners Insurance Claims And Payout for Lightning Losses, 2017-2020

 

Year Value of claims ($ millions) Number of claims Average cost per claim
2017 $916.60 85,020 $10,781
2018 908.9 77,898 11,668
2019 920.1 76,860 11,971
2020 2,066.70 71,551 28,885
Percent change      
2019-2020 124.6% -6.9% 141.3%
2017-2020 125.5 -15.8 167.9
Source: Insurance Information Institute.