Truck Insurance Online :: News
SHARE

Share this news item!

IAG Confirms Minimal Fire Risk in EVs, Advocates for Fleet Electrification

EV Battery Fires Are Rare, Says IAG, Urging Businesses to Embrace Electric Fleets

IAG Confirms Minimal Fire Risk in EVs, Advocates for Fleet Electrification?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Shawn Ticehurst, Head of the IAG Research Centre, has addressed prevalent concerns regarding the fire risks associated with electric vehicles (EVs).
Speaking at the Smart Energy Expo in Sydney, Ticehurst stated that the risk of EV battery fires is "effectively zero" when systems are properly installed and undamaged.

This reassurance comes at a pivotal time as fleet operators consider transitioning to electric mobility. Ticehurst emphasized that IAG's extensive research supports the safety of EVs, dispelling myths fueled by misinformation. He highlighted that with correct installation and maintenance, EVs pose no greater fire risk than traditional internal combustion engine vehicles.

For truck owners and fleet managers, this insight is significant. It not only alleviates safety concerns but also underscores the viability of integrating EVs into their operations. Embracing electric mobility can lead to long-term cost savings and align with sustainability goals, positioning businesses at the forefront of the evolving transport industry.

Published:Saturday, 27th Sep 2025
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Load Restraint Compliance Now Matters for Truck Insurance
Why Load Restraint Compliance Now Matters for Truck Insurance
19 Aug 2026: Paige Estritori
Renewed attention on heavy vehicle load restraint is a timely reminder that insurance risk does not begin and end with the truck itself. For owner drivers, fleet operators and transport businesses, the way freight is secured can influence roadside compliance outcomes, liability exposure, claim investigations and even future premium negotiations. - read more
Insurance Complaint Trends Put Claims Discipline Back in Focus
Insurance Complaint Trends Put Claims Discipline Back in Focus
12 Aug 2026: Paige Estritori
Fresh attention on insurance complaints data is a timely warning for truck operators: the quality of your policy set-up and claim preparation can matter just as much as the premium you pay. While complaint volumes across insurance are influenced by many factors, including weather events, repair delays and affordability pressure, the practical lesson for transport businesses is clear. - read more
Insurer Results Improve, but Truck Premium Pressure Remains
Insurer Results Improve, but Truck Premium Pressure Remains
04 Aug 2026: Paige Estritori
Recent industry attention on APRA’s latest general insurance performance data points to a market that is in better financial shape than it was during the peak of inflation, catastrophe losses and repair cost volatility. For truck operators, however, the message is not that premiums will automatically fall. It is that renewals may become more negotiable for well-managed risks, while poorly documented fleets could still face tough pricing and tighter conditions. - read more
Why Roadworthiness Is Becoming an Insurance Priority for Truck Operators
Why Roadworthiness Is Becoming an Insurance Priority for Truck Operators
28 Jul 2026: Paige Estritori
Recent roadworthiness activity across the heavy vehicle sector is a timely reminder that maintenance is not only a compliance issue. For owner drivers, fleet managers and transport businesses, the condition of a truck can directly affect insurance affordability, policy conditions and the smooth handling of claims. - read more
What QBE and Blue Zebra’s Motor Partnership Means for Operators
What QBE and Blue Zebra’s Motor Partnership Means for Operators
21 Jul 2026: Paige Estritori
QBE and Blue Zebra have extended their motor underwriting partnership, with Blue Zebra confirming a new multi-year agreement after the previous arrangement expired. QBE has been underwriting Blue Zebra’s commercial and private motor products since July last year, following the end of the agency’s earlier arrangement with Youi. - read more


Truck Insurance Articles

Understanding Your Coverage: Tips for Truck Insurance Claims in Australia
Understanding Your Coverage: Tips for Truck Insurance Claims in Australia
Trucking across the diverse landscapes of Australia comes with its unique set of challenges and risks. As the lifeline of the Australian economy, the trucking industry faces various hazards, from long-haul fatigue to unpredictable weather conditions. Understanding truck insurance and the complexities of its claims process is vital for anyone operating within this essential sector. - read more
The Top Mistakes to Avoid When Purchasing Truck Insurance
The Top Mistakes to Avoid When Purchasing Truck Insurance
Truck insurance is an important business cost for operators who rely on commercial vehicles. Understanding common purchasing mistakes can help you assess policies more carefully and reduce the risk of gaps when accidents, theft, cargo issues or other unexpected events occur. - read more
Heavy Haulage Insurance in Australia: Tailoring Your Policy for Maximum Benefit
Heavy Haulage Insurance in Australia: Tailoring Your Policy for Maximum Benefit
When it comes to heavy haulage insurance in Australia, many operators are under the impression that the cheapest policy is the way to go. However, this approach overlooks the essence of insurance as a protective investment into your business's future. Skimping on coverage can lead to catastrophic financial consequences in the event of an incident, far outweighing any initial savings made on premiums. - read more
Truck Insurance Requirements in Australia: Mandatory and Optional Cover
Truck Insurance Requirements in Australia: Mandatory and Optional Cover
Truck insurance in Australia can include legally required cover, registration-linked CTP and optional commercial protections. This guide explains what is generally mandatory, what is usually optional and why transport contracts may require more cover than the law itself. - read more
How to Read a Truck Insurance Policy Schedule and PDS
How to Read a Truck Insurance Policy Schedule and PDS
A truck insurance policy schedule, PDS and endorsements set out what is covered, what is excluded, what limits apply and what obligations you must meet. This guide explains how Australian truck operators can review policy documents before buying, renewing or lodging a claim. - read more

Knowledgebase
Moral Hazard:
The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.