| HOMEOWNERS INSURANCE CLAIMS AND PAYOUT FOR LIGHTNING LOSSES, 2010-2014 |
|
| |
|
|
|
|
|
Percent change |
| |
2010 |
2011 |
2012 |
2013 |
2014 |
2013-2014 |
2010-2014 |
| Number of paid claims |
213,278 |
186,307 |
151,000 |
114,740 |
99,871 |
-13.0% |
-53.2% |
| Insured losses ($ millions) |
$1,033.5 |
$952.5 |
$969.0 |
$673.5 |
$739.0 |
9.7 |
-28.5 |
| Average cost per claim |
$4,846 |
$5,112 |
$6,400 |
$5,869 |
$7,400 |
26.1 |
52.7 |
Source: Insurance Information Institute, State Farm®. |
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