Geico says no thanks. Revokes insurance on the Tesla Cybertruck?

Recently, rumors spread that Geico had started dropping insurance coverage for the Tesla Cybertruck, claiming the vehicle did not meet their underwriting guidelines due to issues such as its weight and repair challenges. This caused some concern among Cybertruck owners, who took to social media to share letters they had received from Geico indicating non-renewal of their policies.

However, Geico has clarified that it is still offering nationwide coverage for the Cybertruck. While some customers might have received non-renewal notices due to specific underwriting issues, Geico continues to insure Cybertrucks both for personal and commercial use. The company has stated it will reach out to affected customers and maintain its coverage options for Cybertruck owners​.