Home Insurance Claim from Lightning Strike...is it worth it?
My home recently got hit with a big surge of electricity from a lightning strike, causing quite a bit of damage to some of my electronic equipment.
It's probably about $2,000 worth of damage in electronics (that I know of).
I will also need to do a full home inspection of my electrical panel and power receptacles (to check for burnt wires) which should cost me another $800.
Overall, it looks like I may be out $3,000 or more because of this. A sizeable, but not a huge amount, considering it was a lightning strike.
Should I make a claim through my home insurance?
Will it significantly increase my monthly rate to the point where it wasn't worth it to make the claim in the first place?
My deductible is $1,000 so making a claim would essentially save me $2,000.
However, if my monthly cost jumps up, then it may make these cost savings not worth it in the long run.
Does anyone have any experience with making a home insurance claim from no-fault damage, and whether or not there was a notable jump in their rates after?
The good news is that I do NOT have any other insurance (auto, life, etc) with this company...so if my rates are bad, I can always just bail.
My main concern (other than the money) is that I currently do have functioning electronic equipment and household appliances that MAY be damaged from this surge, but am unaware of the extent (as they are not visibly displaying any issues).
I would hate it if, one by one, these things start to break down over the next few weeks because they were, in fact, damaged by the surge.
Not sure what to do.