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PIAM debunks claims that EV fires in condominium car parks are excluded from insurance - SoyaCincau
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PIAM debunks claims that EV fires in condominium car parks are excluded from insurance - SoyaCincau
There has been speculation online that electric vehicles (EVs) pose a major fire risk and that insurance companies may refuse to cover damages if an EV catches fire at home or inside a building car park. However, the General Insurance Association of Malaysia (PIAM) says standard fire insurance policies generally still apply regardless of whether the fire was caused by an EV, a petrol-powered vehicle or other electrical sources. The clarification…
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