To protect your equipment from surges and lightning strikes, you need to make sure you have:
1-
Proper grounding: It is very important.
2-
Surge protectors: Nearby lightning strikes can put large spikes in the powerlines. A
surge protector inserted between the AC plug and your receiver might avert damage, although there is only so much such devices can do for a direct hit.
During or before a storm hits, it is best to unplug your gear from power. Don't just switch it off.