this post was submitted on 06 Oct 2024
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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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[–] lazynooblet@lazysoci.al 6 points 1 month ago* (last edited 1 month ago) (1 children)

According to this comment thread and the article, these cars have abruptly stopped functioning with no warning. Do you not think it is only a matter of time before that occurs in a dangerous situation? Insurance companies base their decisions on statistics and probabilities. It is very much related to "hypotheticals".