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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 4 weeks 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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[–] darklamer@lemmy.dbzer0.com 64 points 4 weeks ago (2 children)

Why would someone own 8 vehicles?

He might be too poor to be able to afford more than that.

[–] sunzu2@thebrainbin.org 9 points 4 weeks ago

Suffering from Success

[–] XeroxCool@lemmy.world 3 points 4 weeks ago

Maybe it's 1 cybetruck and 7 Dodge Caravans saved from the crusher