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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®.