While the deadly tornadoes that have caused massive destruction in multiple states have been making the headlines recently, intense lightning storms have also done extensive damage. In fact, lightning strikes cost more than $1 billion in insured losses in 2010—a significant increase from 2009, according to the Insurance Information Institute(I.I.I.). An analysis of homeowners insurance data by the I.I.I. found there were more than 213,000 lightning claims in 2010, up nearly 15 percent from 2009….
Read MoreClaim Costs From Lightning Continue to Rise; the Culprit Is Often Expensive Electronics
