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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    1 month 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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      1 month 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.

    • w3dd1e@lemm.ee
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      1 month ago

      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.