It's important to have a proper inventory of your personal items in case you ever need to make a claim. A detailed home inventory can help you decide whether you have enough insurance. It can also make it easier to make a claim, if you ever need to.

Finally, there are proactive things you can do to help protect your home. The III suggests installing a lightning protection system and using surge protectors. In a storm, you might consider unplugging appliances, especially more sensitive electronic devices such as computers, laptops, tablets or smart phones.

No one expects their electronics or appliances to get fried in a power surge. But having protections in place — and understanding the terms and limits of your homeowners insurance coverage — can bring you some peace of mind, in case something does happen.