This article discusses strata insurance and electric vehicle chargers, explaining when privately owned chargers installed in car parks are covered under building insurance.
Question: We are in the process of updating our electrical infrastructure to allow any apartment owner to have an electric car charger installed in their parking bay. Will our building insurance cover these EV Chargers?
Our 101 apartment complex with 170 on-title parking bays is currently installing electrical infrastructure to allow any apartment owner to have an electric car charger installed in their parking bay/s. As the chargers will be attached to a common property wall or pillar in the basement car parks, will the owners corporation building insurance cover the chargers, as they will be individually owned?
Answer: Strata insurance covers all permanent fixtures including electrical infrastructure and the charging stations provided they are a permanent attachment.
Electric vehicle charges are becoming more common in strata.
What is and is not covered by strata is usually shown in your policy wording under the definition of “insured property” or “building”.
Strata insurance covers all permanent fixtures including electrical infrastructure and the charging stations provided they are a permanent attachment.
This post appears in the September 2022 edition of The VIC Strata Magazine.
Tyrone Shandiman Strata Insurance Solutions E: tshandiman@iaa.net.au P: 1300 554 165
This information is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. Shandit Pty Ltd T/as Strata Insurance Solutions strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances. Shandit Pty Ltd T/As Strata Insurance Solutions is a Corporate Authorised Representative (No. 404246) of Insurance Advisenent Australia AFSL No 240549, ABN 15 003 886 687.