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Homeowners Insurance Claims And Payout for Lightning Losses, 2017-2021

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Year Value of claims ($ millions) Number of claims Average cost per claim
2017 916.6 85,020 10,781
2018 908.9 77,898 11,668
2019 920.1 76,860 11,971
2020 2,066.7 71,551 28,885
2021 1,313.1 60,851 21,578
Percent change      
2020-2021  -36.5% -15.0% -25,3%
2017-2020 43.3% -28.4% 100.1%
Source: Insurance Information Institute, State Farm®.