EV charger installations prompt insurance update calls for homeowners

Homeowners planning to install EV chargers at their properties should promptly update their insurance policies to reflect the modifications, industry representatives said, highlighting potential coverage gaps for those who fail to do so.

The General Insurance Association of Malaysia cautioned that failure to declare such installations could leave properties underinsured, potentially exposing owners to financial risk in the event of claims related to electrical damage, fire, or other incidents involving the charging equipment.

The advisory comes amid growing adoption of electric vehicles across Malaysia, with more residents investing in home charging infrastructure. Installing an EV charger involves electrical modifications that fall outside standard residential coverage parameters, making disclosure essential for maintaining comprehensive protection.

Insurance providers typically require notification of material changes to a property's condition and systems. Withholding information about EV chargers could complicate claims processing and potentially result in denial of coverage, the association indicated.

Property owners are encouraged to contact their insurance agents with details of any planned or completed EV charger installations to ensure their policies remain current and adequately cover their homes and the new equipment.