Apartment owners and strata managers are unprepared for the costs and complications of securing building insurance for blocks with electric vehicle owners and charging facilities.
John Baines thought he was doing the right thing last March when he paid more than $2000 to install his own power plug in the underground carpark of his apartment to charge his new Tesla.
But he was shocked to discover the strata managers for his Townsville apartment block were struggling to renew the building’s insurance policy if there was any charging of electric vehicles or other battery-powered transport, like scooters, in the basement garage.
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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com
