US lightning-related insurance claims down 16.5% in 2024: Triple-I
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US lightning-related insurance claims down 16.5% in 2024: Triple-I
U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, marking a 16.5% decrease from the $1.24 billion paid in 2023, according to the Insurance Information Institute (Triple-I). The total number of lightning-caused claims fell to 55,537 in 2024, down 21.5% from 70,787 in 2023, marking the lowest level recorded since before 2017. More than half of all claims came from the top 10 states, with Florida, Texas, and…
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