GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines” - eviltoast

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.”

  • lazynooblet@lazysoci.al
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    3 months ago

    I literally just explained this in the comment you replied to.

    You did not.

    Once again…

    This was the first time you made this point, so not sure why you say “again”.

    In other words, this ain’t it.

    They likely won’t disclose the real reasons. However I’m yet to be convinced that reliability wasn’t taken into account.