1465
GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines” (www.torquenews.com)
submitted 2 years ago by to c/technology@lemmy.world
223 comments fedilink hide all child comments
 

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.”

you are viewing a single comment's thread
view the rest of the comments
[–] 52 points 2 years ago (5 children)

That assumes the court finds that enforceable. Usually they do, but a few times recently, they've said it's not.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 5 child comments
    •
  • [–] 56 points 2 years ago (3 children)

    That's one of the nice things about the law in Quebec. Binding arbitration clauses are illegal.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 2 points 2 years ago* (last edited 2 years ago) (2 children)

    Je devrais demeneger a Montreal.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 17 points 2 years ago

    I mean in trumps court of law musk can’t lose.

    If dumpy wins, for sure no class action.

    If dumpy loses, his Supreme Court will still side with the conservative side anyway, so probably still no class action.

  • permalink
  • fedilink
  • source
  • parent