Geico Cybertruck insurance official update: "GEICO has coverage available nationwide for the Tesla Cybertruck"

[Old Spice]

https://qz.com/tesla-cybertruck-geico-insurance-evs-elon-musk-1851666695

According to the company (statement made on Oct. 7, 2024)

“GEICO has coverage available nationwide for the Tesla Cybertruck,” the Chevy Chase, Maryland-based company told Quartz in a statement.

Geico also confirmed Cybertruck coverage to Teslarati and Seeking Alpha --

https://seekingalpha.com/news/4156696-geico-reportedly-cancels-coverage-tesla-cybertruck

https://www.teslarati.com/geico-den...bertruck-coverage-heres-what-really-happened/

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[cyberstank]

So the reports are just fud then?

 

[KuMX]

So the reports are just fud then?

There's probably never been so much overblown news coverage over a few insurance cancellations for a vehicle ? Which seems to be the case with anything related to the Cybertruck.

 

[rizvend]

So the reports are just fud then?

Imagine that.??

 

[BannedByTMC]

So the reports are just fud then?

Some people were being cancelled by Geico and told they were no longer insuring the CT. So not total FUD.

 

[Brad_Hansen]

GEICO definitely canceled the insurance on my Cybertruck with just 2 weeks notice. This despite having two other vehicles insured with GEICO in the state of Georgia and no accidents on either of them. So I'm clearly a low risk customer. They were perfectly happy to continue taking my money for the other vehicles, just not my Cybertruck.

 

[Cybertruck Tampa]

https://qz.com/tesla-cybertruck-geico-insurance-evs-elon-musk-1851666695

According to the company (statement made on Oct. 7, 2024)

“GEICO has coverage available nationwide for the Tesla Cybertruck,” the Chevy Chase, Maryland-based company told Quartz in a statement.

Geico also confirmed Cybertruck coverage to Teslarati and Seeking Alpha --

https://seekingalpha.com/news/4156696-geico-reportedly-cancels-coverage-tesla-cybertruck

https://www.teslarati.com/geico-den...bertruck-coverage-heres-what-really-happened/

Yup this is BS, I ordered my truck on the Sep 28, got a vin the same day, picked it up Oct 1 and insured with GEICO. This is such crap News.

 

[Pops]

True: Geico is canceling some Cybertruck policies.
FUD: Geico is canceling all Cybertruck policies.

 

[heresmycybertruck]

I'm *sure* reddit will post the updated news, right? ?

 

[Robert E]

https://qz.com/tesla-cybertruck-geico-insurance-evs-elon-musk-1851666695

According to the company (statement made on Oct. 7, 2024)

“GEICO has coverage available nationwide for the Tesla Cybertruck,” the Chevy Chase, Maryland-based company told Quartz in a statement.

Geico also confirmed Cybertruck coverage to Teslarati and Seeking Alpha --

https://seekingalpha.com/news/4156696-geico-reportedly-cancels-coverage-tesla-cybertruck

https://www.teslarati.com/geico-den...bertruck-coverage-heres-what-really-happened/

I had Geico. Got a quote for the Cyberbeast, and it was a crazy 300% more than Progressive. Geico said they would only cover the CT at a premium because they calculated a high repair cost… switched my cars to Progressive.

 

[Pops]

I'm *sure* reddit will post the updated news, right? ?

Those news article titles are factually true, but misleading. The problem is people are making the jump from multiple policies to all policies.

 

[CyberGus]

“GEICO has coverage available nationwide for the Tesla Cybertruck,” the Chevy Chase, Maryland-based company told Quartz in a statement.

Fake news

 

[OMFG]

True: Geico is canceling some Cybertruck policies.
FUD: Geico is canceling all Cybertruck policies.

This is accurate. Like others, they let me sign up my truck in April, then around end of May/early June I got the letter saying it would cancel the coverage and not let me renew with next 6 mo policy that was due to start Aug 1. The coverage stayed in effect till end of July. Glad to see they are now providing clarity to confusion. If SF gives me reason to shop around again then I have no problem going back to Geico as I always liked them, at least their app was easy to use for id cards, policy changes etc.

 

[HaulingAss]

Some people were being cancelled by Geico and told they were no longer insuring the CT. So not total FUD.

Even if you believe the FUD, it's still FUD.

Some people are just more gulible than others. It's like their BS filters haven't developed fully. This was a targeted attack, designed to drum up more negative news coverage. It was obvious from the get-go.

Of course it was FUD, don't be so naive.

 

[REM]

GEICO definitely canceled the insurance on my Cybertruck with just 2 weeks notice. This despite having two other vehicles insured with GEICO in the state of Georgia and no accidents on either of them. So I'm clearly a low risk customer. They were perfectly happy to continue taking my money for the other vehicles, just not my Cybertruck.

I would drop them completely for being unreliable/capricious ?‍

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