this post was submitted on 07 Oct 2024
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chapotraphouse

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["haha" news] Geico (the 2nd largest US car insurance company) is ending insurance coverage of Cybertrucks. "This type of vehicle doesn't meet our underwriting guidelines." (www.torquenews.com)
submitted 4 months ago* (last edited 4 months ago) by InevitableSwing@hexbear.net to c/chapotraphouse@hexbear.net
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[–] chickentendrils@hexbear.net 13 points 4 months ago* (last edited 4 months ago)

I can't imagine they think it's going to change the policy, there's "only" a few thousand of these deathtraps on the road thankfully. It's hardly even worth doing but apparently things are really that bad. Or Berkshire Hathaway/some execs are shorting Tesla. Who knows.