Day: July 2, 2020

Lightning-related homeowners insurance claims down, costs up

Lightning-related homeowners insurance claims down, costs up

July 2, 2020

The number of lightning-caused U.S. homeowners insurance claims has decreased over the past few years, yet the average cost per claim has increased, according to Insurance Information Institute (Triple-I) findings. “It’s not surprising that lightning-related homeowners insurance claims costs have risen,” said James Lynch, chief actuary and senior vice president of Research and Education at […]

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