State Farm flags EV‑charger insurance points

State Farm’s Simple Insights post says simply owning an EV usually won’t change homeowners, renters or condo premiums because the vehicle is covered under auto insurance, while bringing a home charger into the garage creates the property-to-auto liability interface insurers want clarified. (statefarm.com)) State Farm removed EV chargers from its corporate and hub parking decks effective Oct. 28, 2024, citing fire‑safety concerns in internal employee communications. (wglt.org)) The State Farm guidance explicitly maps where a charging‑related loss might be allocated—dwelling, other structures, personal property or the auto policy—and tells homeowners to ask both their property and auto carriers about endorsements or coverage gaps. (statefarm.com)) Recent industry coverage documents that insurers are marketing optional equipment‑breakdown or scheduled‑equipment endorsements to cover EV supply equipment (EVSE) and its wiring as a way to address charger hardware and electrical failure claims. (insurancecurator.com)) Contractor and installer guidance stresses that Level‑2 (240‑volt) hardwired installs generally require permits and a licensed electrician, and that documented inspections and permits reduce the risk of claim disputes and support resale disclosures. (recharged.com)) Underwriting research from analytics firms such as Verisk flags bidirectional charging (V2G/V2H) and smart‑integrated chargers as emerging variables that could affect home valuation, risk modeling and future insurer product design. (core.verisk.com))