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GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines” (www.torquenews.com)

submitted 8 months ago by [email protected] to c/[email protected]

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GEICO, the second-largest vehicle insurance underwriter in the US, has decided it will no longer cover Tesla Cybertrucks. The company is terminating current Cybertruck policies and says the truck “doesn’t meet our underwriting guidelines.”

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[–] [email protected] 9 points 8 months ago* (last edited 8 months ago) (1 children)

They do when it shuts down while driving and careens into another vehicle.

[–] [email protected] 2 points 8 months ago (1 children)

I assume you have a source for this collision?

[–] [email protected] 8 points 8 months ago (1 children)

No one is saying it's actually happened. It is a fact though that they are shutting down while driving which introduces a higher risk of it happening which the insurance companies don't want to take.

[–] [email protected] 2 points 8 months ago* (last edited 8 months ago) (1 children)

That's my point. Unless it's actually happened, you're completely blowing things out of proportion, and most likely does not explain this situation.

This isnt the first vehicle to ever break down on the highway...

[–] [email protected] 5 points 8 months ago (1 children)

I can steer to the shoulder of the road in a traditional vehicle hit the brakes. Can I do that in a cyber truck?

[–] [email protected] 2 points 8 months ago

Yes.