Electric Vehicles

Geico insists it ‘has coverage’ for the Cybertruck after owners complain of dropped policies


Geico insists it ‘has coverage’ for the Cybertruck after owners complain of dropped policies

by ghdana

10 Comments

  1. RobDickinson

    I’m sure this will get 10k up votes on r/technology

  2. Hahaha. So they based it on part on this……

    > Several owners have posted on Reddit….

  3. Insurance companies: “we offer insurance” but won’t elaborate or answer follow up questions regarding the people that claimed to have been dropped.

    Reddit: “of course those owners were liar bots and just trolls! This won’t get the publicity it deserves!”

  4. Deceptiveideas

    Did anyone read the article? It says Geico won’t insure vehicles above 100K in value, which all cybertruck would fall under as the starting price is $99K.

    My best guess is it’s not geico specifically targeting cybertrucks but the price point of said trucks.

  5. Pizza_Metaphor

    The estimate they linked in the original article was interesting. I can’t remember the last body damage estimate I saw that size (other than hail) where there wasn’t a single hour of refinish time on it.

    I’m starting to pay way way more for scans and ADAS calibrations on some other makes than I am on Teslas.

    Tesla and Rivian are still very segregated in terms of the shops that will work on them though, and those shops charge a premium for labor. Other EV’s are mostly just going through the regular body shop flow nowadays.

  6. NebulousNitrate

    Does Tesla offer super cheap and robust insurance for Tesla vehicles? Why would someone use another company policy?

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