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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 months 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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[–] grue@lemmy.world 1 points 2 months ago (1 children)

Presumably anything you'd agree to while buying from an independent dealer would be between you and the dealer, not you and the manufacturer, right? I don't understand how the manufacturer would be a party to the transaction.

(It might be that I'm naive about how modern car sales work.)

[–] ayyy@sh.itjust.works 2 points 2 months ago (1 children)

I’m pretty clueless too, but to me your assertion doesn’t hold up to the concept of recalls.

The true answer is probably that we’re both wrong and the answer is that as a consumer: you lose, fuck you. Also fuck your family dog.

[–] DancingBear@midwest.social 2 points 2 months ago

John Wick enters the chat