Technology

60091 readers

2630 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

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 months ago by shoulderoforion@fedia.io to c/technology@lemmy.world

255 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

[–] Kazumara@discuss.tchncs.de 3 points 2 months ago (2 children)

The US doesn’t exactly approve or deny vehicles in general; any vehicle that conforms to the Federal Motor Vehicle Safety Standards can be sold

Sorry, I'm not getting the distinction here. Isn't a vehicle that conforms to the FMVSS the same as one that is approved?

Or is the check against FMVSS is not done ahead of time, but only later in any lawsuits?

[–] helpImTrappedOnline@lemmy.world 3 points 2 months ago

Conforming = here's a guide book. Follow it and we won't bother you unless there's an issue.

Approval = please submit every model/trim you release to our inspection/test facility for approval.

One requires a lot more people going back and forth between the manufacture and government than anyone wants.

[–] Rekorse@sh.itjust.works 1 points 2 months ago

They have to pass inspection to be sold initially.