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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 shoulderoforion@fedia.io 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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[–] halowpeano@lemmy.world 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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