Insurance Facility Expanded for EV Charging Infrastructure
New coverage options for commercial EV charging and battery storage help streamline insurance for multi-site projects.
Updated on Oct. 13, 2026 in Electric Vehicles
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Amwins Global Risks has expanded its insurance program to include commercial electric vehicle charging infrastructure and battery energy storage systems in the United States. This facility groups multiple distributed assets into a single program to provide consistent coverage for both construction and operational phases.
Why it matters
Developers often face economically unworkable deductibles when applying utility-scale insurance terms to individual commercial sites. This new portfolio-level approach allows smaller sites to be bundled, making insurance more accessible for widespread EV charging infrastructure.
Amwins Global Risks has increased its renewable energy natural catastrophe facility capacity to $50 million, up from $20 million. The new facility for EV charging and battery storage is designed to cover sites throughout the United States.
The players
Amwins Global Risks
A London-based wholesale broker specializing in complex risk insurance and portfolio-level underwriting for renewable energy projects.
The details
The facility functions by aggregating multiple small-value sites into a single program structure to enable portfolio-level underwriting. By assessing cumulative natural catastrophe exposure across all locations rather than individually, the structure avoids the high deductibles typically associated with small, standalone commercial sites. Coverage extends through the construction process and includes protection for business interruption and delays in startup.
Timeline
July 2026: The natural catastrophe renewable energy facility was renewed and enlarged.
October 13, 2026: Amwins Global Risks announced the expansion of the commercial and industrial insurance facility.
The Home Front
This program follows the established trend of using portfolio aggregation logic to manage insurance for distributed energy assets like solar panels. It marks a shift from treating individual charging sites as isolated risks to underwriting them as part of a larger commercial grid.
If you are managing or developing commercial properties with EV charging, verify whether your site qualifies for this portfolio-based coverage through your insurance broker. Consult with a licensed commercial insurance professional to assess if your current deductibles are optimized for your site's risk profile.
The takeaway
Bundling multiple charging sites into a single insurance program can significantly reduce individual coverage costs and deductibles. Property managers and commercial developers should review their existing site insurance to see if portfolio-level aggregation offers better protection than individual policies.
Further reading
Learn more about the infrastructure needs of the growing Electric Vehicles market.
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