State Farm reminds everyone that Lightning Safety Awareness Week is June 18th-24th
June 21, 2017
Murfreesboro, TN – The number of homeowners insurance claims from lightning strikes and electrical surges in the United States rose in 2016, compared with 2015; however, the average cost that insurers paid on those claims fell, according to a new analysis by the Insurance Information Institute(I.I.I.).
Tennessee is 12th on the List of Lightning Insurance Claims, Kentucky is 21st. (NOAA)
Costly Lightning Losses can be Prevented
June 21, 2010
*In Support of National Lightning Safety Awareness Week, June 20th-26th, 2010
Hartford, CT — Hurricanes and tornadoes receive the news coverage, but according to Underwriters Laboratories (UL), lightning accounts for more than one billion dollars annually in structural damage to buildings in the U.S. alone. A single bolt of lightning can generate heat in excess of 50,000 degrees F which can spark fires or cause surging through electrical circuitry. Packing up to 100 million volts of electricity, a lightning strike to an unprotected home or business can be disastrous, with lightning most often igniting roofs, sidewalls, framing and electrical wires. According to the Insurance Information Institute (I.I.I.), insured losses from lightning continue to climb, with the average cost per claim up 39 percent over the past five years. A single lightning strike can cost a homeowner over $5,000, with losses ranging from damage to expensive electronics to structural fires that destroy entire homes. [Read more]
