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.”

  • givesomefucks@lemmy.world
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    5 months ago

    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

      • partial_accumen@lemmy.world
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        5 months ago

        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?

      • ayyy@sh.itjust.works
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        5 months ago

        The go pedal and the steering wheel are equivalent to a keyboard/mouse and are not physically connected to anything. If the car shuts off, the wheels go where they feel like with absolutely no driver control.

          • Kalysta@lemm.ee
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            5 months ago

            Have you looked at the cybertruck’s manufacturing practices? Airplanes have redundancies for their redunancies and that’s why people use them. The cybertruck was built with the “go fast and break things” model, does not have redundancies, and actually removed some standard safety features found in every other car. Like tempered glass.

            Comparing a cyber truck to an airplane is like comparing a pinewood derby car to a military personnel carrier. One was made by a child. The other is engineered to keep as many soldiers alive as possible.

        • Auli@lemmy.ca
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          5 months ago

          Never thought of they how would you brake if the car shutoff.

              • CmdrShepard42@lemm.ee
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                5 months ago

                Definitely not as well but you can still use them. Cars didn’t even have vacuum assisted brakes up into the 1960s and 1970s

                • Malfeasant@lemm.ee
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                  5 months ago

                  Yes, and they were designed with that in mind- brake pedals with more leverage for one…

                  My mom had a Ford ranger for a while that had lost its brake boost, it took a lot of force to get it to slow down, and that wasn’t even a heavy vehicle, this was back when a pickup was a two-seater…