Aviva has introduced one of the UK’s first standalone insurance products covering electric vehicle charging points.

The product is aimed at customers including contractors, car park operators, local authorities, asset managers and forecourt operators

Aimed at installers and operators, it answers growing demand from brokers for a specialist all-risks policy.

Latest Zap-Map figures reveal there were 33,996 charge points across the UK as of the end of August, across 20,534 charging locations and the Government has set a target of at least 300,000 charging points by 2030. This will support the ban on the sale of new cars and vans with petrol and diesel engines from the same date.

Aviva is now offering Erection All Risks (EAR) and Operational All Risks (OAR) cover for EV chargers on a standalone basis. The product is aimed at customers including contractors, car park operators, local authorities, asset managers and forecourt operators, with cover applicable for everything from a single charger to an entire network.

It will cover risks including fire, flooding, malicious damage, accidental / impact damage and breakdown.

Risk management assessments and inspections covering electrical integrity and safety are also offered via Aviva’s specialist partner Bureau Veritas.

Ahmad Raja, Aviva’s UK regional manager, engineering, construction and renewable energy, said: “This is an exciting, fast-evolving area and it’s critical that insurance keeps pace. Brokers have been coming to us on behalf of their clients, asking for a standalone product specifically covering EV charging points.

“We’re delighted we can now offer them just that, offering a high level of cover and customer support to give installers and operators the peace of mind they need as they push forward with technology which has the potential to transform all our lives.”

The new product also supports the insurer’s sustainability commitments; Aviva has targeted net zero carbon emissions by 2040 and is a leading insurer of EVs. It has also committed to transition its entire fleet to EVs by 2025 and install charging at core points.