1464
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
[–] 6 points 2 years ago* (4 children)

Sounds kind of like exactly what insurance is for? If you can't get insurance for a flood zone, then maybe there's a fucking reason for that.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 7 points 2 years ago (2 children)

    The problem is people have gone and built entire cities in unsafe areas. If we were being sensible basically the entirety of Florida should not be occupied, the place is a disaster waiting to happen, or more accurately is a disaster that has already happened, but somehow nobody's learnt from it.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 2 years ago

    Sounds like their problem? I know that sounds callous, and I'm not necessarily referring to the millions of Floridians who can't afford to relocate (ideally, we'd have a functioning government that could relocate them)... But how many times does your home need to be destroyed on a bi-yearly basis before you decide to move a couple hundred miles away?

    If we were being sensible basically the entirety of Florida should not be occupied

    I mean... yeah.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 2 years ago

    I agree! And, I know government was bailing these people out for a long time, which just makes them double down. I’m not worried about those people. I’m worried about the ones that don’t want to be there and can’t afford to relocate, or for some and even worse, evacuate.

  • permalink
  • fedilink
  • source
  • parent