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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 2 years ago by to c/technology@lemmy.world
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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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[–] 135 points 2 years ago (11 children)

No word from the insurance company itself? This whole article seems to be based on a single tweet by a cybertruck owner. For all we know his might be modded in a way that they dropped the insurance on it.

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  • [–] 86 points 2 years ago* (last edited 2 years ago) (3 children)

    More specifically, the only source the article even gives is a link to a reddit post with a screenshot of the tweet, of which doesn't have a direct link to the tweet. This is half assed journalism at best, considering they even quoted the original screenshot wrong.

    Edit: lol they couldn't even get the person's name straight. It changed from Robert Stevenson to Anderson after the email portion. Why's this article even here?

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  • [–] 7 points 2 years ago*

    To top it all off the email/text had information redacted not by blurring it with paint, but by using characters in the same font with the same line breaks.

    I mean seriously, who does that? Only time I've ever busted out inspector to modify a website or tweet or email is to elaborately troll someone with a sceenshot.

    Did they really use inspector to redact info out an legit document about an allegedly widespread thing that no one else can produce, or did they draft the whole thing, used strings of 'x' to mark where to blur, and forget to blur? /shrug

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  • [–] 17 points 2 years ago (2 children)

    Everyone in here like yay truck bad, I don't give a fuck about Teslas what's fucked is goddamn insurance companies can just arbitraryly drop your coverage for no fault of your own. It should be illegal. Like sorry but you agreed to cover this, with all its flaws and took my money for years.

    I really wish car/home/health insurance were just federalized. These companies are the oldest con perpetrated on the general public tbh.

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  • [–] 14 points 2 years ago

    It's in the article, they didn't drop him during the coverage period they declined to renew.

    It's perfectly fair, if you can decline to review and insure with someone else when the 6 month term is up, so can they.

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