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.”
Pretty sure they were one of the last major companies that would…
Even if warranty pays for repairs to it, if it damages anything else the insurance still has to pay.
The article mentions multiple examples of them just randomly shutting down during operation. That’s already bad. But this is going to be it’s first winter, it’s not surprising insurers don’t want to deal with it. They deal with large numbers, it’s not a question of “if” like an individual owner, its “when” for the insurer
Class action lawsuits are gonna be a mother fucker
Class action lawsuits are gonna be a mother fucker
Part of the purchase agreement of a Tesla agreeing to binding arbitration. This means no class action suit. You can opt out of this within the first 30 days, but you have to send a letter requesting it.
How many Tesla owners do you think do that?
God, I hope other places follow. I work in insurance and not only is everything about the cybertruck an absolute fucking nightmare to source, let alone find a shop for, every single goddamn owner is like the most insufferable chod. That goes for women too. Tesla drivers could already be a problem, but the truck owners are like regular Tesla owners gone feral.
I hope other places follow
Are they actually allowed to sell these pieces of shit elsewhere?
Also is anyone else stupid enough to buy one?
Presumably, “other places” refers to other insurance companies. IOW, GEICO is (allegedly) denying them coverage. OP is hoping that Allstate, Progressive, etc will also deny coverage.
People knowingly buy stupid vehicles. I’m one of them. It’s expensive to drive, big, has expensive insurance and only seats two but I love it.
People shouldnt knowingly buy dangerous vehicles.
They likely didn’t know they were dangerous when they preordered and many are now stuck with them. I think they have a no resale contract for 2 years after buying.
I mean I don’t mean to sound ridiculous, but they even looked dangerous. I am not sure why anyone would assume they were safe. I didn’t even think they were street legal at first.
That is a bummer to be stuck with one though, but you do have to be rich enough to buy one too.
I didn’t realise they only had two seats!
Is that one for each of your brain cells? 😉
Why are insurance companies the ones making the rational decision about saying it’s a dangerous piece of shit and not our transportation regulators? It needs to be banned.
More importantly, Anderson has eight vehicles. GEICO is only choosing to terminate the insurance coverage from Cybertruck and is actively pursuing renewal of his vehicle coverage for the rest. This leaves no doubt that GEICO’s issue is directly related to the Tesla Cybertruck and not to Anderson or other factors.
Why would someone own 8 vehicles?
Robert added, “It makes no sense, as there are other, riskier cars out there. Let me know if you recommend any insurer for the truck. I have eight cars with an amazing record. I will be canceling my entire Geico policy!! Bye-bye!”
I can’t think of a vehicle that is more likely to be a risk to others than the Cybertruck. I’m sure insurance adjusters see how people use Tesla FSD in spite of its shortcomings. The truck is heavy as hell and breaks in all sorts of ways others vehicles don’t.
Also, there have been no independent crash tests done so no insurance company can accurately assess the risk, so this is wholly unsurprising.
Tesla have allegedly done their own crash tests, but they still have not released the data. It’s kinda what you’d expect when a government-regulation-hating techbro designs a “I got mine fuck you” vehicle.
The cyber truck has no crumble zones. I’d like to see Tesla’s tests.
Cody Johnston did a vid about the Cybertruck on his most recent episode of Some More News. He starts talking about the crash test Tesla did (with video) around the 8:45 mark.
Ahhh, that’s a reason that makes sense. Much better than the article itself. Thanks.
If Geico, and presumably soon others, are angering the chuds by refusing to insure this, independent crash tests definitely occurred and they were not favorable.
You don’t have to be an obnoxious YouTuber to crash a car.
I thought that was the sort of thing that the government mandated companies had to do in a controlled and transparent fashion. I wouldn’t have thought that the NTSB would allow a vehicle to be registered without a thoroughly vetted crash testing procedure.
Apparently “rare” or “limited-release” vehicles don’t get tested. Which means the Cybertruck will probably never get tested 😂
Lol
Lmao, even
With some rofl on the side.
Elon bad, haha
Tomorrow I post Elon bad, ok?
No, truck bad. More read article.
No word from the insurance company itself? This whole article seems to be based on a single tweet by a cybertruck owner. For all we know his might be modded in a way that they dropped the insurance on it.
More specifically, the only source the article even gives is a link to a reddit post with a screenshot of the tweet, of which doesn’t have a direct link to the tweet. This is half assed journalism at best, considering they even quoted the original screenshot wrong.
Edit: lol they couldn’t even get the person’s name straight. It changed from Robert Stevenson to Anderson after the email portion. Why’s this article even here?
Why’s this article even here?
Anything Elon bad = upvotes
If you manage to find an article with both Elon bad themes and AI bad themes in the same story Lemmings would upvote it up into the atmosphere. You’d be on top of All for like a day!
