| Homeowners Insurance Claims And Payout for Lightning Losses, 2017-2023 |
Ìý
|
| Year |
Value of claims
($ millions) |
Number of
claims |
Average cost
per claim |
| 2017 |
$916.61 |
85,020 |
$10,781 |
| 2018 |
908.93 |
77,898 |
11,668 |
| 2019 |
920.05 |
76,860 |
11,971 |
| 2020 |
2,066.74 |
71,551 |
28,885 |
| 2021 |
1,313.06 |
60,851 |
21,578 |
| 2022 |
950.22 |
62,189 |
15,280 |
| 2023 |
1,239.72 |
70,787 |
17,513 |
| Percent change |
|
|
|
| 2023-2022 |
30.5% |
13.8% |
14.6% |
| 2023-2017 |
35.3% |
-16.7% |
62.4% |
Source: Insurance Information Institute, State Farm®. |
|