A post on Twitter/X, quickly reposted on Reddit, saw one driver claiming Geico had told him that “they can no longer insure Cybertruck” posting a letter that appeared to back up the claim saying the policy was being canceled “because this type of vehicle doesn’t meet our underwriting guidelines.

Gieco says it still offers insurance for Tesla’s Cybertruck after some customers reported being dropped by their insurance company for the expensive and unconventional electric truck. Several owners have reported difficulties in procuring coverage for their Cybertrucks,

Cybertruck owners are stunned as GEICO cancels policies for Teslas 2024 model, citing non-compliance with underwriting guidelines. Frustrated drivers are now searching for insurers willing to cover their

Those were GEICO ’s words in a letter made public by Tesla Cybertruck owner Robert Stevenson when he was notified of the insurer’s decision not to renew coverage for the electric vehicle. Notably, Stevenson has seven other vehicles on his policy – all with coverage GEICO is able to provide.

Geico (BRK.A) on Monday denied that it has stopped underwriting Tesla’s (TSLA) Cybertruck electric pickups after claims circulated on social media and enthusiast forums.

An email allegedly sent to a Tesla owner stated that the Cybertruck didn't meet the insurance provider's underwriting guidelines

A Tesla Cybertruck owner reported that GEICO terminated his auto insurance policy, explaining that the vehicle did not meet the company's underwriting guidelines. We are unable to insure your 2024 TESLA CYBERTRUCK xxxxxxx because this type of vehicle doesn't meet our underwriting guidelines.

A Cybertruck owner, received a letter from GEICO stating that his vehicle "doesn't meet our underwriting guidelines". This letter was posted on Twitter, but seems t

Claiming that the truck does not meet its underwriting standards, GEICO (BRK-A, BRK-B) will reportedly no longer offer insurance to cover Tesla’s (TSL) Cybertruck and is terminating coverage for existing policies.