Insurance
EV charging infrastructure insurance
Insurance needs change as charging projects move from installation to everyday operation. GMG Insurance Brokers helps you discuss the equipment, activities and responsibilities that need to be considered; Verciti delivers separate technical training.
Look beyond the charging point
A charging installation can involve more than the charger itself. Cabling, switchgear, transformers, payment systems and connections to other equipment can each introduce different exposures. An insurance review should consider what you own, what you operate and what you have agreed to be responsible for.
Do not assume an existing property, fleet or electrical contractor policy automatically includes your EV charging activities. Ask GMG to review the declared activities, insured equipment and relevant policy terms.
The covers shown are examples of insurance that may be available. Cover is subject to insurer acceptance and the terms, conditions, limits, excesses and exclusions of the policy arranged. Not all covers are included in every policy.
Who owns the equipment – and who carries the risk?
Owners and site hosts
Identify who owns the chargers and associated infrastructure, who maintains them and how responsibilities are split under the site agreement. A landlord’s or host’s policy should not be assumed to protect the operator’s equipment or income.
Operators and fleets
Explain public access, charger usage, maintenance arrangements and dependence on charging for revenue or fleet operations. Discuss damage, liability and interruption exposures separately rather than assuming one policy covers every consequence.
Installers and contractors
Declare your actual work, including design, groundworks, installation, testing and maintenance where applicable. Check which activities and project stages are insured, and whether responsibilities continue after handover.
Insurance areas to discuss with GMG
Your requirements may involve several policies or extensions. The examples below are not a single package or confirmation that cover is available for your business.
Contractors' & Erection All Risks
May cover insured damage to works, materials and equipment during construction and installation. Testing and commissioning cover must be specifically agreed; defects and performance guarantees may be excluded.
Developers, installers and EPCs
Delay in Start-Up / Advanced Loss of Profits
May cover insured financial losses where covered project damage delays the agreed start date. Waiting periods, indemnity limits and insured damage triggers apply; not all delays are insured.
Developers and funders
Operational Property & Breakdown
May cover insured physical damage. Electrical or mechanical breakdown must be included in the policy; wear and tear, maintenance and defects may be excluded.
CPOs and site owners
Business Interruption
Can protect insured loss of revenue and additional costs following covered damage, subject to policy terms, waiting periods and indemnity limits.
CPOs, hubs and hosts
Public, Products & Employers' Liability
May cover legal liability for insured injury or property damage arising from operations, products or employee exposures. Limits and exclusions apply; contractual liabilities may not be covered.
Operators, suppliers and installers
Professional Indemnity
May cover civil liability arising from insured professional services such as design, specification or consultancy. Agreed activities, claims-made terms, retroactive dates and contractual-liability exclusions must be checked.
Designers, consultants and installers
Cyber & Technology E&O
May cover specified cyber incidents or technology errors and omissions. System dependencies, security requirements, incident triggers, waiting periods and exclusions must be checked; not every outage or payment failure is covered.
CPOs, software providers and networks
Environmental & Pollution Liability
May cover specified environmental liabilities, including contamination or firewater exposures, where insurable. Pollution triggers, clean-up limits and exclusions apply.
Hubs, depots and operators
Marine Cargo & Transit
May cover insured loss or damage to chargers, transformers and equipment in agreed international or domestic transit. Routes, packaging requirements, limits and exclusions apply.
Importers, developers and suppliers
Terrorism & Malicious Damage
May cover specified terrorism or malicious damage risks for hubs and property programmes. Insured events, territorial scope and exclusions depend on the policy.
Operators, hubs and landlords
Product Recall
May cover specified product recall costs for manufacturers, importers or suppliers. Recall triggers, insured costs and exclusions must be agreed.
Manufacturers, importers and suppliers
The covers shown are examples of insurance that may be available. Cover is subject to insurer acceptance and the terms, conditions, limits, excesses and exclusions of the policy arranged. Not all covers are included in every policy. Business interruption does not cover all downtime or poor trading performance.
What to prepare for an insurance discussion
- Your role, business activities and contracts with owners, hosts or operators.
- Site addresses, charger numbers and types, and whether access is public or restricted.
- Equipment ownership and replacement values, including associated electrical infrastructure.
- Project stage, installation dates, testing and commissioning arrangements.
- Maintenance records, inspection arrangements and the people responsible for this work.
- Security measures, such as physical protection, lighting, monitoring and access controls.
- Charging revenue or operational dependence, and your arrangements if chargers become unavailable.
- Existing insurance, renewal dates and claims history, plus any solar or battery storage integration.
This information helps frame the discussion. It does not guarantee acceptance, a particular premium or cover terms; GMG or an insurer may need further details.
Common EV charging insurance questions
Will my existing business or property policy cover EV chargers?
Do not assume it does. Ask for a review of the equipment, declared activities, ownership and relevant extensions. A policy covering a building or vehicle fleet is not, by itself, confirmation that charging infrastructure or the operator’s liabilities are included.
Can theft, vandalism or vehicle impact be insured?
These are risks to discuss with GMG. Whether an incident is covered depends on the policy arranged, the insured equipment, security conditions, exclusions and excesses. Theft of cables and damage to associated infrastructure should be considered explicitly.
Does breakdown cover include every charger fault?
No. Electrical or mechanical breakdown needs to be specifically included where required. Wear and tear, gradual deterioration, defects and maintenance-related issues may be excluded. Insurance and a manufacturer’s warranty are different arrangements; neither should be assumed to replace the other.
Will insurance pay whenever charging revenue stops?
No. Business interruption commonly depends on an insured event, such as covered physical damage, and the agreed basis of cover. Waiting periods, indemnity periods and limits apply. Poor trading, routine maintenance, software outages or grid interruption must not be assumed to be insured.
What about cyber incidents and payment systems?
Describe your charging software, payment systems, service providers and dependencies. Cyber and technology exposures may need separate consideration. A property policy should not be assumed to cover a cyber incident, failed payment service or every network outage.
Can solar panels or battery storage be included?
Tell GMG about any connected solar generation or battery energy storage, including ownership, values and how it interacts with charging operations. These installations may need specialist consideration; inclusion and terms must be agreed with the insurer.
How much does EV charging infrastructure insurance cost?
There is no standard price shown here. The equipment, values, activities, locations, claims history and requested cover all inform an insurer’s assessment. GMG can discuss your requirements and seek terms, subject to insurer acceptance.
Does safety training guarantee cover or lower premiums?
No. Verciti provides separate technical training. Training does not guarantee insurance acceptance, a reduced premium or payment of a claim. An awareness course alone does not qualify someone to carry out electrical work.
Discuss your charging infrastructure
Tell GMG Insurance Brokers about your business and the risks you want to discuss. If you also need technical training, Verciti can discuss the training requirement separately.