GEICO Ends Cybertruck Insurance
This is a news story, published by Torque News, that relates primarily to Cybertruck news.
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•GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines”
60% Informative
GEICO is kicking out its Cybertruck from its multi-vehicle insurance policy.
Cybertrucks are one of the most problem-ridden vehicles currently out on the road.
One possible factor might be that the Cyberruck is one of Tesla 's most trouble-prone vehicles.
Many of these failures might have been covered by Tesla 's own warranty program.
The Cybertruck 's 30X cold-rolled stainless steel exoskeleton could pose a risk to other road users.
GEICO might have thought it didn’t need the liability associated with this vehicle.
There is also the issue of Elon Musk's animosity with Warren Buffett .
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