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.”

  • Katana314@lemmy.world
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    2 months ago

    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.