Axa UK has revealed that two large claims associated with lithium-ion batteries in an electric scooter and bike has resulted in a loss of almost half a million pounds ( $600K).
A spokesperson from the London Fire Brigade said that “it’s incredibly concerning that we are continuing to see a rise in incidents involving e-bikes and e-scooters”.
“When these batteries and chargers fail, they do so with ferocity and because the fires develop so rapidly the situation can quickly become incredibly serious,” they added.
Looks like photographs uploaded of location and context of where e-Scooters will be stored and recharged should be a part of the underwriting/selling process of policies.
Dougie Barnett, director of customer risk management at Axa Commercial, said: “Fire safety should be the top priority when it comes to charging and storing electric bikes and scooters. “As an insurer, we’re there for people when the worst happens, but we want to make sure these risks are managed and reduced so they can avoid the devastating consequences of a fire in their homes or business.”