According to the General Insurance Association of Malaysia (Piam), additional protection can be obtained by extending coverage under existing motor insurance policies. “EV owners can purchase add-ons to their policies, which provide coverage for charging units and related damages,” said Piam chief executive officer Chua Kim Soon in an interview. Chua added that comprehensive motor insurance policies offer broader protection, covering fire, collisions, theft and accidental damage, unlike third-party or third-party fire and theft policies, which provide more limited coverage. For home users, damages linked to charging units can be covered by declaring the charger under existing home fire insurance policies. “It helps if insurers are aware of the additional risks.

Source: The Star March 28, 2026 00:50 UTC