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.”

  • givesomefucks@lemmy.world
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    2 months ago

    Pretty sure they were one of the last major companies that would…

    Even if warranty pays for repairs to it, if it damages anything else the insurance still has to pay.

    The article mentions multiple examples of them just randomly shutting down during operation. That’s already bad. But this is going to be it’s first winter, it’s not surprising insurers don’t want to deal with it. They deal with large numbers, it’s not a question of “if” like an individual owner, its “when” for the insurer

      • partial_accumen@lemmy.world
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        2 months ago

        Class action lawsuits are gonna be a mother fucker

        Part of the purchase agreement of a Tesla agreeing to binding arbitration. This means no class action suit. You can opt out of this within the first 30 days, but you have to send a letter requesting it.

        How many Tesla owners do you think do that?

        • catloaf@lemm.ee
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          2 months ago

          That assumes the court finds that enforceable. Usually they do, but a few times recently, they’ve said it’s not.

          • gramie@lemmy.ca
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            2 months ago

            That’s one of the nice things about the law in Quebec. Binding arbitration clauses are illegal.

              • gramie@lemmy.ca
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                2 months ago

                *Je does

                “doivent” is third-person plural (they, not I)

                Oh, and I didn’t notice that autocorrect changed my French to English. Should be"dois" or, as you say, “devrais” for the conditional.

          • Lets_Eat_Grandma@lemm.ee
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            2 months ago

            I mean in trumps court of law musk can’t lose.

            If dumpy wins, for sure no class action.

            If dumpy loses, his Supreme Court will still side with the conservative side anyway, so probably still no class action.

        • Serinus@lemmy.world
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          2 months ago

          Steam recently removed their arbitration clause, largely because paying for a thousand arbitration cases is worse than dealing with a class action.

          • locuester@lemmy.zip
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            2 months ago

            I’ve heard that death by 1,000 arbitrations is a good way to make em regret it. Glad to see it’s true.

          • Kalysta@lemm.ee
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            2 months ago

            Which is what Musk is looking at happening.

            Between cybertruck and twitter, dude’s gonna bankrupt himself.

        • grue@lemmy.world
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          2 months ago

          Wow, I never thought I’d find an actual good argument for keeping independent car dealers as middlemen instead of allowing first-party sales, but here we are.

          • ayyy@sh.itjust.works
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            2 months ago

            Can you connect the dots for me? Third party dealers always have idemnity? clauses anyways.

            • grue@lemmy.world
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              2 months ago

              Presumably anything you’d agree to while buying from an independent dealer would be between you and the dealer, not you and the manufacturer, right? I don’t understand how the manufacturer would be a party to the transaction.

              (It might be that I’m naive about how modern car sales work.)

              • ayyy@sh.itjust.works
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                2 months ago

                I’m pretty clueless too, but to me your assertion doesn’t hold up to the concept of recalls.

                The true answer is probably that we’re both wrong and the answer is that as a consumer: you lose, fuck you. Also fuck your family dog.

      • CmdrShepard42@lemm.ee
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        2 months ago

        A vehicle shutting down in the middle of the freeway can easily cause multiple accidents.

          • lazynooblet@lazysoci.al
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            2 months ago

            I don’t know how you got to the conclusion that OP was saying “all” and not being hypothetical.

              • lazynooblet@lazysoci.al
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                2 months ago

                According to this comment thread and the article, these cars have abruptly stopped functioning with no warning. Do you not think it is only a matter of time before that occurs in a dangerous situation? Insurance companies base their decisions on statistics and probabilities. It is very much related to “hypotheticals”.

                  • lazynooblet@lazysoci.al
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                    2 months ago

                    I literally just explained this in the comment you replied to.

                    You did not.

                    Once again…

                    This was the first time you made this point, so not sure why you say “again”.

                    In other words, this ain’t it.

                    They likely won’t disclose the real reasons. However I’m yet to be convinced that reliability wasn’t taken into account.

              • Kalysta@lemm.ee
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                2 months ago

                It’s rare for normal cars to shut down with no warning.

                It’s pretty common for cybertrucks to do it.

                Eventually that’s gonna happen on a highway. Insurance works by assuming the worst thing that can happen will happen and charging you appropriately. It’s far from irrelevant in this case.

      • ayyy@sh.itjust.works
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        2 months ago

        The go pedal and the steering wheel are equivalent to a keyboard/mouse and are not physically connected to anything. If the car shuts off, the wheels go where they feel like with absolutely no driver control.

          • ayyy@sh.itjust.works
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            2 months ago

            Did you really just draw an equivalency between Tesla’s software practices and the aerospace industry? Even Daddy Musk isn’t stupid enough to pretend those are the same.

            Also your assertion that there is “no such thing as off” blatantly displays your horrible lack of understanding that distributed computing still relies on electricity.

            Edit: since Tesla is apparently the same thing as Airbus, can you point me to the source code published by the relevant regulatory body that controls the Cybertruck’s steering mechanism?

          • Kalysta@lemm.ee
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            2 months ago

            Have you looked at the cybertruck’s manufacturing practices? Airplanes have redundancies for their redunancies and that’s why people use them. The cybertruck was built with the “go fast and break things” model, does not have redundancies, and actually removed some standard safety features found in every other car. Like tempered glass.

            Comparing a cyber truck to an airplane is like comparing a pinewood derby car to a military personnel carrier. One was made by a child. The other is engineered to keep as many soldiers alive as possible.

        • Auli@lemmy.ca
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          2 months ago

          Never thought of they how would you brake if the car shutoff.

              • CmdrShepard42@lemm.ee
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                2 months ago

                Definitely not as well but you can still use them. Cars didn’t even have vacuum assisted brakes up into the 1960s and 1970s

                • Malfeasant@lemm.ee
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                  2 months ago

                  Yes, and they were designed with that in mind- brake pedals with more leverage for one…

                  My mom had a Ford ranger for a while that had lost its brake boost, it took a lot of force to get it to slow down, and that wasn’t even a heavy vehicle, this was back when a pickup was a two-seater…