<Warning. Long boring post on surge.>
<Also, I'm open to correction.>
Having devices on surge protectors all over a house doesn't help much in a lighting strike. Or even a near miss. Say anything within 1/2 mile or less.
Here's the deal. Think of a boat on the ocean. A small boat can deal with normal waves. During a storm with higher waves the boat has to ride into the waves to keep from turning over but this is normal. But when that 30+ plus rouge wave shows up you better be prepared to ride over it just right or you'll be in big trouble.
Surges travel through any metal conductor. And a surge like a lightning strike is literally like a wave radiating out from the strike point. And it can travel down a fiber line on the moisture inside or on the casing. And if it hits power lines or a power pole or tower then it travels down the wires AND through the ground. And you CAN'T stop it. It's like trying to stop ocean waves. You can easily get a 10K voltage spike from a nearby lightning strike. The trick is to get your house to ride the wave and not have it smash through it or flip over.
So the first step is getting all your electrical services tied to a common ground point. If your power enters the house from one end and the phone and cable from the other without proper grounding you're going to have issues as the "wave" enters your house from each end. And with a lightning strike you could easily get a 1000+ volt differential between each end of the house. Way more if a nearby strike. So this differential between your power and phone or cable can cause all kinds of damage during it's brief sojourn through your house. TV's, computers, cordless phone base stations, fax machines, etc.. all can get exposed to a very brief but large voltage spike.
So how do you deal with this?
First do your best to get all services to enter a building at a common point with all properly grounded to the same ground stake. If you can't get a common point then at least tie all services to a common ground stake. NOT a ground wire run from the break box. A common stake in the ground with proper ground wires running to each service. This along can keep many nearby strikes from doing much if any damage as it's not the voltage coming down the power or phone that creates most havoc, it's the ground wave.
Second, understand how surge strips work.
All under $200 strips (and likely all under $1000) have variations on design but in general they are designed to handle a certain amount of energy. The "joule" rating. This is not a spring that rebounds after each surge. It's a container that gets filled. A 1500 joule surge suppressor getting hit with a 1000 joule strike will now be a 500 joule surge suppressor. And there's no easy way to measure how much "surge" is left. (Those lights are cute but only trust them with bad news. Don't trust them to show you good news.) So what do you do? I personally write the date I put a surge strip into service. I consider anything under 1500 joules to be a power strip. I consider any surge strip that been in service for 2 or 3 years or to have been exposed to a nearby strike to be a power strip with little or no surge protection. And this is my personal way of doing it based on SWAG. I've yet to see a better way other than using a shorter life expectancy.
Note that most (all?) UPS systems that cost under $500 all basically have a surge strip built in with a battery operated power source that turns on when it notices the power getting too far out of normal. There's nothing magical here in terms of surge protection. And the turn on time of this kind of UPS is way way way slower than the surge duration of a lightning strike.
If a business really wants to be protected without spending $10K or more I go with what many call continuous online systems. These are units where the UPS run is always on. The line connection is always charging the battery and the output is always running off the battery. While a lightning strike can pass through these systems they are better than a typical surge protector as there's no continuous path on the AC circuit. These units start at about $500 and go up from there. And if you have poor quality power they can resolve many issues with networking lockups and glitches that seem to be caused by trolls and other invisible creatures.
Sorry for the long post but I think I covered it.