GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn’t Meet Our Underwriting Guidelines”
by rwoooshed
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Electric Vehicles
GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn’t Meet Our Underwriting Guidelines”
17 Comments
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This was a crappy article. The idea that buffet would tell geico to not cover cybertrucks is ludicrous. That’s not how companies work.
Bwahahaha.
Apocalypse vehicle? No, it is such a mess that insurance companies don’t want to insure it.
They’ve also dropped some affordable Kia’s and Hyundai’s due to being too easy to hot wire.
GEICO is terminating coverage of one particular Cybertruck policy per the letter from GEICO in article.
GEICO quoted **$410/mo** to insure my Model 3.
Progressive quoted $140/mo.
State Farm quoted $95/mo.
Tesla Insurance quoted **$65/mo**.
All identical coverage. GEICO can pound sand.
Wasn’t this just posted?
This is fake. Its source is one person complaining on X/Reddit.
GEICO is not terminating cybertruck coverage en mass
Do better with misinformation please
Sounds like a Warren Buffet political decision
POS made by Leon
Who are these people that can afford a CT and then buy budget car insurance?
Tesla could always sue the insurance corporation for breach of agreement
Lol ITT people defending r/Cyberstuck. I’m all for EVs but a poor excuse for a vehicle with a battery just isn’t my cup of tea. Thing doesn’t have crumple zones, looks like it was conceptualized by X Æ A-12 Musk, costs way more than what Elon promised, has less range than what Elon promised, sharp enough edges to cut/decapitate your fingers on, panel gaps everywhere, untreated “stainless” steel body that needs to be coddled and taken care of ALL the time like an insta influencer’s nails, has zero rear visibility and a horrendous bed that can’t even carry a full-size bicycle. Is anyone really surprised GEICO won’t insure them?
Can’t wait to see a commercial showing a Cybertruck running over a talking British lizard.
I’m so glad I never got a tesla… I would be having so much buyers remorse right now with the way musk is supporting trump and the weird showing at the rally yesterday.
Ouch! It’s either a good thing that Tesla started its own insurance arm or it will be the death of them!
Insurance companies make fucking BANK.
They can easily afford to insure literally anything on this planet, they’re just greedy fucking companies.