Homeowners Insurance Claims And Payout for Lightning Losses, 2017-2022 |
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|
Year |
Value of claims
($ millions) |
Number
of claims |
Average cost
per claim |
2017 |
$917 |
85,020 |
$10,781 |
2018 |
909 |
77,898 |
11,668 |
2019 |
920 |
76,860 |
11,971 |
2020 |
2,067 |
71,551 |
28,885 |
2021 |
1,313 |
60,851 |
21,578 |
2022 |
952 |
62,189 |
15,280 |
Percent change |
|
|
|
2022-2021 |
-27.6% |
2.2% |
-29.2% |
2022-2017 |
3.7% |
-26.9% |
41.7% |
Source: Insurance Information Institute, State Farm®. |
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