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GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines”

Torque News
Summary
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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 .

VR Score

37

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23

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semi-formal

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English

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48

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short-lived

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