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For homeowners, a common risk that is often overlooked is the damage that can be caused from severe thunderstorms.
Severe thunderstorms are one of the most common natural catastrophes and these weather systems are also the most damaging based on insurance claims, according to the Insurance Information Institute. On average there are around 100,000 thunderstorms in the United States each year and approximately 10% of these reach a severe level. These storms bring the potential for tornadoes, lightning, straight-line winds and hail. Over the past couple decades, hail alone from thunderstorms has caused an average of $8-14 billion a year in insured losses.
There are a few ways to prepare your home for the next thunderstorm, both before a storm arrives and when building or renovating your home, to minimize damage.
Before a thunderstorm
When building or renovating your home
Lastly, be sure to hire a licensed contractor when installing any products or materials. It is also important to inform your insurance agent or broker when making any substantial upgrades to ensure you have the proper insurance coverage and to determine if you qualify for potential premium discounts.
Tommy Lubrano is a risk consultant with Chubb Personal Risk Services
The opinions and positions expressed are the authors’ own and not those of Chubb. The information and/ or data provided herein is for informational purposes only and is not a substitute for professional advice. Insurance coverage is subject to the language of the policies as issued.