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.”
False claim, debunked by snopes. Mods should consider blocking this news outlet.
https://www.snopes.com/fact-check/geico-tesla-cybertruck-coverage/
Semi-unrelated but insurance as a whole is bonkers right now and I’m not sure how much the average person knows. I work on commercial real estate. The whole industry is having to review tons of insurance waiver requests because insurance in some properties is out of control. Business either can’t get it for can’t afford it. Especially, in flood zones. I’m actually kind of worried about the damage these hurricanes are doing in the US. Not just in the lives lost, which is devastating, but also the financial damage of all the uninsured losses.
If an event chance is too high the cost of insurance increase to a point where it stops making sense.
If every house in an area is 100% guaranteed to get at least one flood event over a 5 years period, that means that every 5 years the insurer need to get in enough money to rebuild all houses, so the cost of insurance will be more than 1/5th of value of a house per year (plus operating cost, profit, and so on). There’s no other way, it’s just maths.
Ok, the actuarial math is more complex but it boils down to getting enough cash in to pay for claims and pay the operating cost.
At a that point people need to realize that if the risk is too high they need to accept it, plan to rebuild every 5 years on their dime, or move.
Unfortunately people suck at understanding risk.
Climate change is clearly a hoax, the Republicans were right all along!
/s
Climate change is a big reason for the policy denials for property insurance. What wasn’t risky 20 years ago is much riskier today. Data doesn’t lie.
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.
I agree! And, I know government was bailing these people out for a long time, which just makes them double down. I’m not worried about those people. I’m worried about the ones that don’t want to be there and can’t afford to relocate, or for some and even worse, evacuate.
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.
Sounds like their problem? I know that sounds callous, and I’m not necessarily referring to the millions of Floridians who can’t afford to relocate (ideally, we’d have a functioning government that could relocate them)… But how many times does your home need to be destroyed on a bi-yearly basis before you decide to move a couple hundred miles away?
If we were being sensible basically the entirety of Florida should not be occupied
I mean… yeah.
Generally speaking, every house in Florida didn’t need to be replaced every five years.
That’s not bonkers that’s sanity. If you want to build your house in front of a dike don’t expect to get insurance. The trick is to build in a place where there’s a risk, not certainty, of damage.
It’s absolutely bonkers. I don’t get how Americans can build houses in leopard enclosures and then act all surprised when, inevitably, their faces get eaten. I know you’re a settler country with little connection to the land but it’s been long enough to know which parts get flooded and which don’t, now hasn’t it. Around here you don’t even get building permits for lots of stuff in places even if you were willing to take on all financial risk yourself because it’d put unconscionable load on disaster relief, and thereby society at large.
So, there’s two ways to go from where you are: a) Double-down on being Yanks and say “fuck you got mine sucks to be you”, abolish disaster relief and let those rugged individuals fend for themselves, or b) fucking build where it fucking makes sense. It’s not like you’re Singapore or something, you’ve got more than enough land.
So I had to look online because I don’t know where it is and North Carolina is nowhere near a coastline, so I’m not sure how much the people who live there are to blame.
I don’t know where you got North Carolina from, I was speaking in general. Also the place has plenty of coastline. Also you don’t need to live near the coast to live in a flood area, plenty of rivers that can and do flood. In mountainous regions it’s not about building on the right side of the dike, but not at the bottom of the valley, and in the places in between it’s about… well, it’s usually not really about not building in one particular place, but making sure that there’s areas that you can flood to protect areas you want to keep dry. Much cheaper to pay off a farmer for a lost harvest and cleanup than half a million people for losing their homes.
North Carolina has a coastline though. Granted the issue this time was that the storm came in from the southwest and hit communities that were completely unprepared for the heavy rain, high winds and flash floods
You’re telling me. I just started a small construction company on the side and have to do it uninsured because it cost at a minimum $4,000 a year just for liability. Seems ridiculous
Edit: I’m in Iowa too so clearly away from any possible large disasters. I know liability insurance is different from homeowners but I think it having a large effect on insurance as a whole. Also when the derecho went though Iowa, everyone and their brother apparently became a contractor and collected insurance money and that ruined it for a lot of other people.
GEICO claiming this isn’t true
"In an email to The Verge, Geico pushed back. “Geico has coverage available nationwide for the Tesla Cybertruck,” Geico spokesperson Ross Feinstein said. Feinstein did not immediately respond to follow-up questions about individual dropped policies. "
So maybe it was something VERY specific to this persons use of the truck?
I heard he was renting it out on Turo. That is unconfirmed. I have no source.
True or not to this specific situation, in general, that is definitely the kind of reason you might get dropped if you didn’t get the proper insurance.
Yes. If this is true the owner should be happy they did this before trying to make a claim. Often people break the terms of the insurance and then when a claim is made they are denied all coverage.
No word from the insurance company itself? This whole article seems to be based on a single tweet by a cybertruck owner. For all we know his might be modded in a way that they dropped the insurance on it.
More specifically, the only source the article even gives is a link to a reddit post with a screenshot of the tweet, of which doesn’t have a direct link to the tweet. This is half assed journalism at best, considering they even quoted the original screenshot wrong.
Edit: lol they couldn’t even get the person’s name straight. It changed from Robert Stevenson to Anderson after the email portion. Why’s this article even here?
Why’s this article even here?
Anything Elon bad = upvotes
If you manage to find an article with both Elon bad themes and AI bad themes in the same story Lemmings would upvote it up into the atmosphere. You’d be on top of All for like a day!
To top it all off the email/text had information redacted not by blurring it with paint, but by using characters in the same font with the same line breaks.
I mean seriously, who does that? Only time I’ve ever busted out inspector to modify a website or tweet or email is to elaborately troll someone with a sceenshot.
Did they really use inspector to redact info out an legit document about an allegedly widespread thing that no one else can produce, or did they draft the whole thing, used strings of ‘x’ to mark where to blur, and forget to blur? /shrug
This isn’t new. They’ve dropped cybertrucks before, and they’re not the only company to drop/straight up refuse to take them.
https://www.reddit.com/r/CyberStuck/comments/1ejtwkt/insurance_wont_cover_my_cybertruck_so_i_cant/
Everyone in here like yay truck bad, I don’t give a fuck about Teslas what’s fucked is goddamn insurance companies can just arbitraryly drop your coverage for no fault of your own. It should be illegal. Like sorry but you agreed to cover this, with all its flaws and took my money for years.
I really wish car/home/health insurance were just federalized. These companies are the oldest con perpetrated on the general public tbh.
It’s in the article, they didn’t drop him during the coverage period they declined to renew.
It’s perfectly fair, if you can decline to review and insure with someone else when the 6 month term is up, so can they.
Yep, this is 'merica and a bunch of people are already driving this destruction derby without insurance. Do we really want to add a bunch of Cybertrucks to that terrifying demographic?
Seems like the insurance company said that Tesla Cybertrucks do not meet their standards for underwriting. Is the letter they sent not a statement?
Lol
Lmao, even
With some rofl on the side.
For Elon this means Relying On Father’s Luxuries
Wow, haven’t seen a roflcopter in a long time.
Yay, I knew it would be that super old reference!
I was actually looking for the version that includes The Muppets, because there absolutely is/was a version of that video with the Mnah-mnah muppets. I just couldn’t find it.
Edit: excuse me, but 17 years old isn’t super old. That’s not even voting age.
Ijbol?
Elon bad, haha
Tomorrow I post Elon bad, ok?
No, truck bad. More read article.
Reading hard. Easier to make quip.
God, I hope other places follow. I work in insurance and not only is everything about the cybertruck an absolute fucking nightmare to source, let alone find a shop for, every single goddamn owner is like the most insufferable chod. That goes for women too. Tesla drivers could already be a problem, but the truck owners are like regular Tesla owners gone feral.
Tesla drivers have single-handedly done more PR for BMW drivers than BMW ever could have.
I hope other places follow
Are they actually allowed to sell these pieces of shit elsewhere?
Also is anyone else stupid enough to buy one?
Presumably, “other places” refers to other insurance companies. IOW, GEICO is (allegedly) denying them coverage. OP is hoping that Allstate, Progressive, etc will also deny coverage.
they started taking orders from presales in Canada and they went through the entire list, I’m not sure if any have been delivered here yet though
People knowingly buy stupid vehicles. I’m one of them. It’s expensive to drive, big, has expensive insurance and only seats two but I love it.
I didn’t realise they only had two seats!
Is that one for each of your brain cells? 😉
Someone with more than two brain cells could easily look that up and and realize they’re talking about a different vehicle before insulting a complete stranger for no reason.
Why comment in the first place then? We’re talking about Cybertrucks and you start talking about your vehicle, people are gonna assume you mean the Cybertruck
Also is anyone else stupid enough to buy one?
Because I’m pointing out that people don’t only buy vehicles based on what’s wise or optimal. For some, it’s also a hobby and they have different preferences as what to drive. At the time of buying my current truck, a wagon would’ve been sufficient. I just went with what’s essentially my childhood-dream car instead. I’ve since developed an actual need for one too, but even now, a van would be a little more practical. Truck is simply more fun and nicer looking, while being the same size.
You can see why people misunderstood you though no?
I asked “is anyone else stupid enough to buy [a Cybertruck]”
You replied - [context as assumed by a normal person]
People knowingly buy stupid vehicles. I’m one of the
m[people that bought this fuckin monstrosity]. [The Cybertruck is] expensive to drive, big, has expensive insurance and only seats two but I love it.
I thought ‘expensive to drive’ would have given away it wasn’t a cybertruck, since the only good part about those things is that it’s an EV and probably doesn’t cost much to charge. I might not agree with your decision to drive a huge vehicle, but I’m not gonna call anyone an idiot for doing it.
It’s also generally good form to not make spelling errors (realise) in a comment calling someone else stupid…
Please tell me the comment about the spelling mistake is some kind of weird humour (sic)
Size is relative. Here’s my “huge” truck parked next to an American one.
Sorry mate, your comment really makes it sound like you were starved of oxygen at birth and bought a Cybertruck.
As you were
People shouldnt knowingly buy dangerous vehicles.
I suspect that looking dangerous is a positive for a great number of truck buyers.
Yeah I think they would be alright personal use offroad vehicles. Although they didnt build them for that, they could have.
They likely didn’t know they were dangerous when they preordered and many are now stuck with them. I think they have a no resale contract for 2 years after buying.
I mean I don’t mean to sound ridiculous, but they even looked dangerous. I am not sure why anyone would assume they were safe. I didn’t even think they were street legal at first.
That is a bummer to be stuck with one though, but you do have to be rich enough to buy one too.
Same, but I like the small ones personally
deleted by creator
State farm was the first to drop them
chod
Now there’s an insult I haven’t heard in a while.
Take my upvote!
Now that little gecko who works for GEICO will probably tell you “You can save a load of money by switching to GEICO, and its so easy a caveman can do it, but we refuse to insure that abomination you call a Tesla Cybertruck that needs to be road illegal everywhere”
More importantly, Anderson has eight vehicles. GEICO is only choosing to terminate the insurance coverage from Cybertruck and is actively pursuing renewal of his vehicle coverage for the rest. This leaves no doubt that GEICO’s issue is directly related to the Tesla Cybertruck and not to Anderson or other factors.
Why would someone own 8 vehicles?
Robert added, “It makes no sense, as there are other, riskier cars out there. Let me know if you recommend any insurer for the truck. I have eight cars with an amazing record. I will be canceling my entire Geico policy!! Bye-bye!”
I can’t think of a vehicle that is more likely to be a risk to others than the Cybertruck. I’m sure insurance adjusters see how people use Tesla FSD in spite of its shortcomings. The truck is heavy as hell and breaks in all sorts of ways others vehicles don’t.
Why would someone own 8 vehicles?
My uncle was like that - he was a contractor and realtor. He had several work trucks, each for a specific purpose, plus one general purpose, and half of them had snowplows of various sizes. Most of them had something wrong with them that didn’t interfere with their specific purpose, but would have been a pain to deal with daily. Only new one was a minivan for driving clients to sites… Then he bought a house closer to town that had a flatbed truck left on it…
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.
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.
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.
Ahhh, that’s a reason that makes sense. Much better than the article itself. Thanks.
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.
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.
Apparently “rare” or “limited-release” vehicles don’t get tested. Which means the Cybertruck will probably never get tested 😂
The cyber truck has no crumble zones. I’d like to see Tesla’s tests.
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.
Why would someone own 8 vehicles?
He might be too poor to be able to afford more than that.
Maybe it’s 1 cybetruck and 7 Dodge Caravans saved from the crusher
Why would someone own 8 vehicles?
Why does anyone have anything? If they can afford to collect the things they are interested in, they will have many of those kinds of things.
Why would someone own 8 vehicles?
Car collectors exist, and I have the impression quite a few of them are among the Cybertruck’s early adopters.
Honestly, a car collector is probably the best kind of person to have one I’d bet, given that they now exist out there. They don’t seem terribly safe for pedestrians and others to have around, so it they’re going to be out there in individuals hands, them being kept parked in some guys garage as some weird curiosity vehicle of the 2020s is probably better than being driven around on the daily as a pointy oversized commute vehicle
Why would someone own 8 vehicles?
Because he’s a car enthusiast with a problem.
(Source: I own six.)
Kinda funny how it sneaks up on you when you get the space. I have 7 vehicles split between my wife and I. Most of them were bought at bottom of the market. People act like I must be wealthy as they drive a new suv worth $20 more than my fleet. I could replace the whole spread for like $30k. I’ll add the qualifier that 2 are motorcycles and I’m totally, definitely, working on selling my prior daily. But $3k isn’t exactly life-changing. I imagine this is a fuckcars zone but it’s a hobby for people. Every hobby is destructive. It’s not like car enthusiasts are driving multiple cars at a time, so the fuel consumption over time is normal. And the thirstier cars tend to be broken more often!
I imagine this is a fuckcars zone but it’s a hobby for people.
More than you know: even I use a bicycle as my daily-“driver,” LOL!
Of the six cars I have, only one isn’t an old, unreliable project car and/or two-seater. Even then, I only have that because my parents essentially forced it upon me. (They have some kind of silly hang-up about having a cargo bike be my sole means of transporting the kids, other than public transit.)
Perhaps ironically, good urbanism is what gives me the freedom to treat cars as a hobby instead of a necessity, and I firmly believe that’s the way it ought to be. It’s a lot like how people can be into horses while also still understanding that it’s a dumb idea to commute to work on horseback.
I can’t think of a vehicle that is more likely to be a risk to others than the Cybertruck.
A Hummer for sure.
Also most pickup trucks when you consider frontal visibility. I mean there are just an endless number of ways to measure and weigh safety.
The H1 was basically a civilian tank. The H3 on the other hand was a reskinned Chevy TrailBlazer and fell apart just as easily as one.
I think they’re talking about the new Hummer EV.
I completely forgot about that car…
I would assume he’s either a car collector or he owns a small fleet of work vehicles for his small business, (like a plumbing business or such).
How is cybertruck more risky to others that your average truck?
Heavier (6,898 pounds compared to 5,540 for the F-150), lithium fire risk, inattentive drivers using the FSD
This is all on top of how dangerous American trucks have become to others
Don’t forget the cybertruck body panels are basically dull knives due to being flat sheets instead of curves where they are joined.
Just look at the front “bumper”. It’s triangular, and made of metal. If it hits a pedestrian, unlike other cars that try to bump and deflect the pedestrian up onto the hood, the Cybertruck will cut the pedestrian in half with that angle. Also, because it’s metal, there is NO give. That could even be dangerous to other cars, let alone pedestrians and cyclists.
That’s just one aspect, though. You got 3 others from another commenter, making the Cybertruck tonight’s biggest loser.
Why are insurance companies the ones making the rational decision about saying it’s a dangerous piece of shit and not our transportation regulators? It needs to be banned.
I don’t think insurance companies care of the trucks are dangerous per se. They care if they are expensive to repair, or prone to accidents which could attach liability to the policy holder and thereby the insurance company.
I keep telling conservatives this. It makes sense to have some form of suspicion around a message when some corporation has a profit motive behind it. For instance, climate change and companies selling solar panels (although I wish they wouldn’t put SO much effort into that faint connection).
However, that also applies for the inverse - that when insurance drops coverage for Florida homes, it’s because climate change is real and they know it will hurt their bottom line.
i never understood the suspicion about companies selling solar panels… they’re not snake oil, they work exactly as they are advertised. But, they allow people to be self reliant and not forced to rely on large enegry companies. It really shows where the allegiance for “conservatives” lie.
The weird thing about this claim is that these aren’t deal breakers. It’s possible to get insurance for exotics like McLaren or Bugatti (although no idea if GEICO does those); it just costs a lot.
I’d really like to hear more about those underwriting standards.
There probably aren’t that many people using a Bugatti as a daily driver. For Cybertruck I would think there are many people using it as a daily.
The extra danger to pedestrians might also affect the liability calculations.
Because automobile regulation in the US is an absolute joke.
because it aligns with their financial incentives.
Because insurance companies are filled with bean-counters (not intended as an insult, I’m a bean-counter in a different field) who want to come out ahead. That’s why the Insurance Institute for Highway Safety (IIHS) exists. You’d think organization that does crash tests and promotes new technology would be a government organization, but nope, it’s insurance providers that want to minimize payouts.
Go try to get insurance for a Lambo or a nice exotic.
Good luck giving that free market talk to the insurance sales guy.
Now if they would drop giant trucks and anything lifted
In before trump’s new monkey calls the Gecko a pedo
Next do lifted pickup trucks please!
And the Carolina Squat!
those things are very poorly made and all the most important parts are made of cheap plastic that an average person can literally rip off with his or her bare hands
“their” is shorter than “his or her”
(Even if you don’t care about gender inclusiveness, they is just more convenient)
Similarly, “they” is also shorter than “he/she”
If you’re correcting, sincerely, then good job.
If you’re trolling… also, good job.
Either way 👍
I wasn’t strictly meaning to correct so much as point out a reason why it’s more concise. I value the inclusive motivation too, if that was hard to tell; I just think there is another reason even if you don’t care about inclusion.
It seems a lot of people are actively opposed to it though, not sure why. I’m just asking questions, you know?
😉
The best English literature doesn’t follow the basis of most convenient or shortest. Sometimes there are other reasons to choose a word of phrase.
The plot of Romeo and Juliet could be rewritten in a paragraph but probably wouldn’t have had the same impact.
“some teenage idiots do teenage idiot things and die. fin.” roaring applause
I once heard it described as a “3 day relationship between a 13-year-old and a 16-year-old that left 6 people dead”
True, but this isn’t prose or high literature. What reason do you suggest why “his or her” would be preferable to “their” in this context?
The prescriptivist “It’s grammatically incorrect” argument doesn’t hold much water when it has been used since middle English.
In a poem, I can see the thought:
“I tried to fit the cadence of this clause
Within the measure of this poem’s form
Which has in past and present be the norm
By which this poem, too, seeks to adhere.
This is my authorial choice’s cause
for my decision not to use a “their”.” But if to find an alternate way to word
Your writing’s pronouns strikes you as absurd
I nonetheless opine that you still ought
To make the token effort to include
With “their” all people by the same respect
That you for yourself would from them expect.
Refusing this, I feel, would be quite rude.Comments here are a short form of writing, therefore people are allowed to phrase things and say things however they would like to. You won’t know someone’s intent before reading, so the way they write makes a difference.
And which intent would warrant using “he or she” rather than “they”?
They felt like it? Their brain worded the thought using “his or her”?
Yes, of course, nothing wrong there. I’m asking what’s wrong with using “they” instead, given that there seems to be some pushback
Thats how they speak.
That’s a habit, not an intent. You implied that there were some deeper intent behind using “he or she” over the shorter and more inclusive “they”. Of course people are allowed to write however they want to, and they’re free to ignore my suggestion. I’m wondering why people are so bent on pushing back against it - what is it about my remark that turned this whole thing into such an involved discussion?
Nice ditty.
What reason do you suggest why “his or her” would be preferable to “their” in this context?
Regional dialect, fluidity of language, variety - even habit.
“It’s grammatically incorrect” argument doesn’t hold much water
Oh, I do respectfully disagree with that, especially when you cite medieval English but reference an American language dictionary as your source.
I could just as viably give “his or hers” as equally valid as “theirs”, because it is. We’re not newspaper headline writers, nobody penalises us if we use a few more characters for any reason. And you could switch back and forth between them both for variety.
Nice ditty.
Thank you :)
Regional dialect, fluidity of language, variety - even habit.
Those explain why it might be the first thing people reach to, but I wasn’t trying to demonise that. I was trying to offer an argument for the alternative that I consider both more convenient to write and read and more inclusive. Habits can be changed.
Oh, I do respectfully disagree with that, especially when you cite medieval English but reference an American language dictionary as your source.
Does the nature of the source invalidate the content and points it makes? English is still English, and I was looking for a source that wasn’t Wikipedia, but also was publically accessible. I could have just copied all of Wikipedia’s references, but most of them are books or journals that I don’t expect people to have access to and didn’t individually check. We could debate here what burden of proof is to be expected in an online debate, but I didn’t think the matter to be worth serious discussion.
The point is the same: there are plenty of historical examples of it being used. To be clear, this is a pre-emptive counterargument to a point I’ve occasionally seen made: That the singular they was a new invention and should be rejected on that ground. If past usage has no bearing on your current decision, that argument obviously holds no weight.
In the latter case, I contend that the increasing spread, particularly in the context of that spread, legitimises its use for that purpose. I fall in with the descriptivists: Rules should describe contemporary usage, not prescribe it.
Ultimately, I believe using “they” for gender neutrality is more inclusive for identities outside the binary. I consider the difference in usage trivial enough that the difference in respect justifies it.
I was trying to offer an argument for the alternative
But that’s not what you did, at first anyway. You were looking for an argument. You asked someone to justify something that to you is a slight, with no way of knowing whether the other person intended it that way. They got defensive because they have no idea what you’re getting at, from their perspective you’re just saying “you said something wrong, this is right” without explaining why.
Maybe your T key is broken?
Then the original comment would read
hose hings are very poorly made and all he most imporan pars are made of cheap plasic ha an average person can lierally rip off wih his or her bare hands
That sounds more like someone that would deffend the cyber truck I suppose.
Hahahahahahahahahahahahaha
Could it also be that it’s a $80K-$100K car?
I have no solid source, but read comments suggesting Geico tends to not insure “exotic” $100K+ luxury vehicles.
…And I think this is important to remember this when talking about it. The Cybertruck is not a peer of a F-150, but a G-Wagon, a Maserati Levante or whatever.
