GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines”

[Dannyblueyes]

Tesla is building their own insurance based on AI and Safety Scores. Teslas currently calculate safety scores based on actual driving. Insurance based on actual driving habits rather that risk attached to age and location will be more accurate and hopefully incentivize good driving.

Generally speaking, the less you drive the less likely you are to be in an accident. I'm surprised Tesla needed AI to figure that out.

 

[Dannyblueyes]

The Most Dangerous Car Brands Tesla has the highest fatal accident rate of all car brands, followed by Kia, Buick, Dodge and Hyundai.

https://www.motortrend.com/news/deadliest-car-brand-in-america/

For those in the know, tesla has always been a fad at best, a con at worst. When you look at what would happen if everybody in 'murica suddenly had an EV the result would barely move the needle as far as the greenhouse gasses. china and india put so much C02 into the atmosphere it's ridiculous. Afrika, under the chinese invasion is a huge contributor also.

What's the bottom line? That the decades-old reichpublican campaign to make america stupid by reducing the education budget has paid off. We now have a nation of people so ignorant that they believe the barker instead of the people leaving the attraction.

I rent cars for work, occasionally I'll get an electric. Tesla is the worst electric vehicle on the road hands down. IMO, the best is the Chevy bolt followed by the Kia EV6 if you need more cargo space.

 

[Darkness's]

Man that shit is bulletproof

Every body in the hood should get

A free cyber truck and bullet proof hoodie..

And bullet proof windows .

I hope this idiot never comes back to the board

 

[Database Error]

Well damn

 

[Rain1]

Nuts

 

[Database Error]

I hope this idiot never comes back to the board

 

[YoBitchChoseMe]

Sad part is Elon get more pussy then u keyboard warrior....... LMAO

 

[ghoststrike]

Built in his image

 

[^SpiderMan^]

Generally speaking, the less you drive the less likely you are to be in an accident. I'm surprised Tesla needed AI to figure that out.

The Insurance isn't just based on how much you drive, but your real world driving habits and how often you engage full self driving. The more your driving is done via Full Self Driving, the lower your Insurance.

 

[850credit]

You drive around in a Hummer or something like a tank, expect to pay through the nose for insurance, for the probability of bodily injury and property damage.


I'm not an actuary so I can't delve into the math, but yeah, Cybertruck generally causes more damage than a Honda civic, so that's one factor in a person paying more, and also why a company might not underwrite it at all.

 

[notreally]

Sad part is Elon get more pussy then u keyboard warrior....... LMAO

As soon as the micro tweezers are successful in removing you from elon's vestigial member, please explain why you choose to defend a racist sack of pus at the expense of one of BGOL's most esteemed members.

 

[notreally]

The Insurance isn't just based on how much you drive, but your real world driving habits and how often you engage full self driving. The more your driving is done via Full Self Driving, the lower your Insurance.

I worked in the insurance industry for many years.

Insurance is primarily based on WHERE YOU LIVE. Driving habits ONLY come into play if they are negative, e.g. getting a speeding ticket, causing an accident; as these can be used as excuses to increase premiums.

Research the term "redlining". Google can be a temporary friend.

 

[YoBitchChoseMe]

As soon as the micro tweezers are successful in removing you from elon's vestigial member, please explain why you choose to defend a racist sack of pus at the expense of one of BGOL's most esteemed members.

Defend? That's what I was doing? I think I hit a nerve huh

 

[850credit]

Sad part is Elon get more pussy then u keyboard warrior....... LMAO

At least 13 kids

 

[^SpiderMan^]

I worked in the insurance industry for many years.

Insurance is primarily based on WHERE YOU LIVE. Driving habits ONLY come into play if they are negative, e.g. getting a speeding ticket, causing an accident; as these can be used as excuses to increase premiums.

Research the term "redlining". Google can be a temporary friend.

That’s my point. Tesla is doing something not done before by basing insurance on actual driving instead of what you are describing your experience to be. I’m very familiar with redlining. Basing insurance on actual driving will reduce if not eliminate discrimination.