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.”

  • prole@lemmy.blahaj.zone
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    2 months ago

    Sounds kind of like exactly what insurance is for? If you can’t get insurance for a flood zone, then maybe there’s a fucking reason for that.

    • Echo Dot@feddit.uk
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      2 months ago

      The problem is people have gone and built entire cities in unsafe areas. If we were being sensible basically the entirety of Florida should not be occupied, the place is a disaster waiting to happen, or more accurately is a disaster that has already happened, but somehow nobody’s learnt from it.