Fire Caused By Lightning Strike

2/9/2018 (Permalink)

Lightning strike causes total loss

Whether you are building a new home, remodeling an existing home or even repairing a home that has been damaged, according to the Insurance Information Institute (I.I.I.) a lightning protection system can be a worthwhile investment.

Damage caused by lightning, such as fire, is covered by standard homeowners insurance policies; and some policies provide coverage for damage from power surges that are the direct result of a lightning strike.

“Lightning losses were $790 million in 2015 and the average cost per claim rose 64 percent from 2010 to 2015,” explained Loretta Worters, a vice president with the I.I.I. “The $3,000 or $4,000 it will cost to install a lightning protection system could prevent a deadly house fire and save on costly repairs,” she added.

The growing market for smart home technology makes installing a lightning protection system even more important, noted the I.I.I. It is also an opportunity for designers, builders and code officials to include lightning protection systems in their plans.

A lightning protection system does not attract lightning, a common misconception, noted the LPI. Lightning will strike a location whether there is lightning protection in place or not. A lightning protection system directs the harmful current from a lightning strike to the ground, leaving the structure and its contents undamaged.

“Keep in mind lightning protection system design and installation is complex and not a do-it-yourself project,” said Loehr. “Installation is not typically within the scope of expertise held by general contractors, roofers or even electricians--which is why the work is typically sub-contracted out to specialists.”

Always hire an LPI-certified expert who specializes in lightning protection and utilizes UL-listed components and equipment to install your system, and make sure the materials and methods comply with national safety standards. 

“If you contract to install a lightning protection system, keep the receipt and let your insurance professional know about this improvement. That will ensure it is included in the cost of rebuilding your home should a disaster occur,” said Worters. “It may even help reduce your insurance costs.”

SERVPRO of South Frisco/The Colony specializes in the cleanup and restoration of commercial and residential property after a water damage event. Our staff is highly trained in property damage restoration. From initial and ongoing training at SERVPRO’s corporate training facility to regular IICRC-industry certification, rest assured our staff is equipped with the knowledge to restore your property