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.”

  • Billiam@lemmy.world
    link
    fedilink
    English
    arrow-up
    124
    ·
    29 days ago

    Also, there have been no independent crash tests done so no insurance company can accurately assess the risk, so this is wholly unsurprising.

    Tesla have allegedly done their own crash tests, but they still have not released the data. It’s kinda what you’d expect when a government-regulation-hating techbro designs a “I got mine fuck you” vehicle.

    • NuXCOM_90Percent@lemmy.zip
      link
      fedilink
      English
      arrow-up
      33
      ·
      29 days ago

      If Geico, and presumably soon others, are angering the chuds by refusing to insure this, independent crash tests definitely occurred and they were not favorable.

      You don’t have to be an obnoxious YouTuber to crash a car.

      • Billiam@lemmy.world
        link
        fedilink
        English
        arrow-up
        20
        arrow-down
        1
        ·
        29 days ago

        If Geico, and presumably soon others, are angering the chuds by refusing to insure this, independent crash tests definitely occurred and they were not favorable.

        When I said no independent crash tests had been performed, I was specifically referring to the IIHS since they’re the only ones who opinion really matters and they’ve stated they have not tested any Cybertruck. But yes, regardless of whether Tesla’s internal crash tests were performed by their staff or some other testing lab, the fact that they’re sitting on the results clearly indicates that they know just how poorly the crumplezone-less sharp-edged quality-uncontrolled ketaminemobiles fare.

      • Billiam@lemmy.world
        link
        fedilink
        English
        arrow-up
        19
        ·
        29 days ago

        To be clear, I don’t know if that’s why GEICO is cancelling policies on Cybertrucks, but I’d bet heavily it’s a contributing factor. It could be that they decided the risk was worth it, until the trucks actually started coming out and the sheer number of recalls due to shitty manufacturing was just too much.

    • GraniteM@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      29 days ago

      I thought that was the sort of thing that the government mandated companies had to do in a controlled and transparent fashion. I wouldn’t have thought that the NTSB would allow a vehicle to be registered without a thoroughly vetted crash testing procedure.

      • Billiam@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        29 days ago

        Apparently “rare” or “limited-release” vehicles don’t get tested. Which means the Cybertruck will probably never get tested 😂

    • Auli@lemmy.ca
      link
      fedilink
      English
      arrow-up
      4
      ·
      29 days ago

      The cyber truck has no crumble zones. I’d like to see Tesla’s tests.

      • Billiam@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        29 days ago

        Cody Johnston did a vid about the Cybertruck on his most recent episode of Some More News. He starts talking about the crash test Tesla did (with video) around the 8:45 mark.