Electric Vehicle Charger Installation Insurance

The government’s plan to ban sales of new petrol and diesel cars by 2035, is creating opportunities for companies to install Electric Vehicle Charging Points throughout the UK.

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EV Charger Installation Insurance

Responding to market opportunities 

The government’s plan to ban sales of new petrol and diesel cars by 2035, supported by The Charging Infrastructure Investment Fund, is creating opportunities for companies to install Electric Vehicle Charging Points throughout the UK.

In addition to this, according to a report published by Scottish Power[i], the UK will need to install more than 25 million Electric Vehicle Charging Points to meet its 2050 climate targets and that 22,808,780 homes will need to install heat pumps. It also states that the estimated cost to install chargers across UK will be £45.9 billion and that the estimated costs of installing heat pumps in homes will be £192.2 billion.
As a registered electrical contractor responding to these opportunities, it’s essential to not only have the right skills, but also appropriate insurance cover that protects against the unexpected.

At NICEIC and ELECSA Insurance Services, we provide a comprehensive insurance product/package which includes cover for Electric Vehicle Charging Point installations, giving you complete peace of mind. Also, NICEIC and ELECSA registered electrical contractors receive a 10% discount on the cost of their contractor's insurance[ii].

The Power Behind Your Business

At NICEIC and ELECA Insurance Services we are dedicated to helping protect your business when things go wrong.

We work with leading and specialist UK insurers to secure insurance that’s designed for you and only you – it’s comprehensive, tailored and affordable.

Unlike price comparison sites, we don’t leave you to do the hard work yourself, and risk ending up with the wrong cover, whether that’s too much or too little. We put in the effort to understand your needs before doing the work of securing quotes and, once you are happy, getting your insurance set up straight away.

No hassle. Just the cover you need, at the right price.

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Commercial Vehicle

Let us take care of your insurance requirements

Whether you’re an established contractor, or new to the market accessing the Office for Low Emission Vehicle (OLEV) grant, we understand you don’t have time on your hands to spend searching online for affordable Electric Vehicle Charging Points installation insurance cover. Let us do the hard work – we’ll ask you some questions to assess your requirements, then we’ll search our specialist UK-based insurers to find the right cover for you, guiding and advising you along the way.

To access the OLEV grant, there are several requirements, you need to be registered with a certification body and you need to complete a training course. Additionally,you need to be endorsed by a EVCP manufacturer, which here at NICEIC and ELECSA Insurance Services we have many relationships with.

EV Charger Installation Insurance

You can buy online and receive your policy documents electronically in minutes. Alternatively, you can call us, and we’ll complete a quotation over the phone.

Sources:

[i] https://www.scottishpower.com/news/pages/uks_net_zero_pathway_revealed.aspx
[ii] https://www.niceic-and-elecsa-insurance.com/business-insurance/electrical-contractors-insurance/

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Related FAQs

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What is Business Insurance?

Business insurance is designed to protect businesses when they suffer losses while carrying out their usual activities, and is particularly important if a business finds itself facing a claim for compensation. Specific business insurance cover features may include employers liability insurance, public liability insurance, and professional indemnity insurance.

What is Public Liability Insurance?

Public liability insurance is designed to protect your business if negligence on your part causes injury to a third party or damage to their property. It covers the cost of compensation, damages, and any legal costs incurred by third parties in making a successful legal claim against you. As an example, if you installed some wiring that later caused a fire which damaged or destroyed a building, and it was later deemed that you were negligent, your contractors public liability insurance would pay the costs and compensation – up to the maximum level of cover (or limit of indemnity) indicated on your policy.

Do I Need Public Liability Insurance?

There’s no legal requirement to have public liability insurance in place, so it’s up to you to decide if you need it – though we’d recommend getting expert advice before deciding not to take it out. It’s fair to say that many businesses that interact with the general public – including tradesmen of most types – will typically take out public liability insurance.

How Much Public Liability Insurance do I Need?

The level of protection you take out depends on the type of risks you face. It’s really an individual decision based on the nature of each business – though it’s worth finding out what level of cover potential clients expect you to have. There may be a minimum requirement of cover required depending on the nature of the job – for example if it’s a commercial contract for a council they may require a higher level of cover compared to a domestic job. We offer public liability cover ranging from £1 million up to £10 million, depending on the insurer.

What is the Difference Between Public Liability and Employers Liability?

They are very different policies. In essence, employers liability protects against death or injury to employees whilst at work, while public liability protects against death or injury and damage to property, affecting everyone apart from employees, and which comes about as a result of your work.

What is Employers Liability Insurance?

Employers liability insurance protects you in the event you are held legally liable for accidental death or injury of your employees at work or in connection with your business. It also covers legal costs incurred by employees in making successful legal claims against you.

Do I Need Employers Liability Insurance?

There are some exceptions, but if your business has at least one employee then the likelihood is you will need employers liability insurance. That’s because The Employers' Liability (Compulsory Insurance) Regulations 1998, made employers liability insurance cover of at least £5 million compulsory for any individual or company with employees. The exceptions include: - Limited companies where the owner is the only employee, and owns 50% or more of the issued shares. - Businesses that are not limited companies and only employ close family members

What is an Employee?

An employee is someone who works part-time or full-time under an employment contract.

Do I Need Employers Liability Insurance if I Use Temporary Workers?

Yes, the requirement for employers liability insurance extends to businesses using temporary or casual workers that are employed on a short-term contract and ad-hoc basis – whether they are clerical or manual workers.

Do I Need Employers Liability Insurance if I Use Sub-contractors?

That depends on whether you use “labour-only” or what’s known as “Bona Fide” sub-contractors. You’ll need employers liability insurance if you use labour-only sub-contractors – but Bona Fide sub-contractors are not treated as employees for insurance purposes.

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