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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 1 month 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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[–] wetsoggybread@lemmy.world 2 points 1 month ago

North Carolina has a coastline though. Granted the issue this time was that the storm came in from the southwest and hit communities that were completely unprepared for the heavy rain, high winds and flash floods