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GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines” (www.torquenews.com)

submitted 2 months ago by shoulderoforion@fedia.io to c/technology@lemmy.world

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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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[–] Serinus@lemmy.world 13 points 2 months ago (2 children)

Steam recently removed their arbitration clause, largely because paying for a thousand arbitration cases is worse than dealing with a class action.

[–] locuester@lemmy.zip 16 points 2 months ago

I’ve heard that death by 1,000 arbitrations is a good way to make em regret it. Glad to see it’s true.

[–] Kalysta@lemm.ee 1 points 2 months ago

Which is what Musk is looking at happening.

Between cybertruck and twitter, dude’s gonna bankrupt himself.