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As EV chargers become standard in parking garages, the insurance landscape is shifting. This week, we tackle the "scary" side of EV charging: fire risk, liability, and rising premiums. We’ll separate fact from fiction regarding lithium-ion battery safety, explain the specific clauses you need in your tenant leases to protect your asset, and show you how a documented maintenance plan can actually help keep your insurance costs under control.
By Stay-N-ChargeAs EV chargers become standard in parking garages, the insurance landscape is shifting. This week, we tackle the "scary" side of EV charging: fire risk, liability, and rising premiums. We’ll separate fact from fiction regarding lithium-ion battery safety, explain the specific clauses you need in your tenant leases to protect your asset, and show you how a documented maintenance plan can actually help keep your insurance costs under control.