Do you pull A/C plugs during thunder storms?

Yes..... 2 plugs. one for the amp, and one for the power box for everything else. here in N. Tx, you'd be crazy not to...

North Texas here as well and I unplug for every storm, we get some real light shows here!

I always unplug during thunderstorms. To the one person who just flips a breaker. A current surge from lightning can arc across the few millimeters gap of the contacts in the breaker. It is safer to pull the plug.

Curious - those of you who lost equipment, how successful were you (if attempted) at getting them replaced by insurance? Is that covered usually?

I had no problem with State Farm they even replaced my speaker cables & interconnects.