Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I).
The tally was $1.04 billion in 2024 compared to $1.24 billion in 2023.
More than half of the claims were filed in the top 10 states—with Florida, Texas and California the top 3—but the total number of lightning-caused claims fell 21.5% to 55,537 in 2024.
Triple-I said this was the lowest number of claims since before 2017. The high mark since 2017 was 2020