Cost of Lightning-Caused Claims Soared Due to 2020’s U.S. Wildfires

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By Loretta Worters, Vice President, Media Relations, Triple-I For the fourth consecutive year, the number of lightning-caused U.S. homeowners insurance claims decreased in 2020, even as the average value of those claims has more than doubled since 2017, according to Triple-I’s analysis of national insurance claims data.  Lightning-related homeowners insurance claim costs nationally rose dramatically […]

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