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.”

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.”

  • ayyy@sh.itjust.worksEnglish
    1·
    2 months ago

    Can you connect the dots for me? Third party dealers always have idemnity? clauses anyways.

    • grue@lemmy.worldEnglish
      1·
      2 months ago

      Presumably anything you’d agree to while buying from an independent dealer would be between you and the dealer, not you and the manufacturer, right? I don’t understand how the manufacturer would be a party to the transaction.

      (It might be that I’m naive about how modern car sales work.)

      • ayyy@sh.itjust.worksEnglish
        2·
        2 months ago

        I’m pretty clueless too, but to me your assertion doesn’t hold up to the concept of recalls.

        The true answer is probably that we’re both wrong and the answer is that as a consumer: you lose, fuck you. Also fuck your family dog.