Toronto, Ontario — GEICO has revealed that it will not be covering Tesla’s Cybertruck under its insurance system, saying that the vehicle doesn’t meet its underwriting guidelines.
Tesla Cybertruck owner, Robert Stevenson recently revealed that GEICO is removing the Cybertruck from its policy plan, commenting on social media platform X that “@GEICO said they can no longer insure my Cybertruck.”
While GEICO did not further specify its reasons for no longer covering the vehicle, Torque News originally cited several issues that could have influenced the decision, including the time and costs required to complete repairs.
The post Underwriting Uncertainties: GEICO terminating insurance coverage for Tesla’s Cybertruck, says vehicle doesn’t meet underwriting guidelines appeared first on Collision Repair Magazine.
